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3 CHAIRMANS INTRODUCTION
8 OUR SERVICES
Isle of Man Company Formation & Resident Directors
Designated Officials (DO) & Operating Managers (OM)
Local Server Hosting, Data & Disaster Recovery
Local Banking Facilities
Physical Office Presence
OGRA License Application
Accounting & VAT Services
Workforce Immigration Solutions
Management, Administration & Compliance
14 HOW TO CONTACT US
While the business of e-Gaming offers a hotbed of opportunity, the challenges faced by business
owners are not to be minimised. Besides legislation and payment crackdowns; security, and the
assurance that players have a fair chance to win and that operators are conducting themselves
properly, are of great concern to players. This makes the reputation of the gaming company of
paramount importance to its success.
In this respect, the Isle of Man has a world-class reputation as an e-Gaming jurisdiction, where the
priority is to keep gambling crime free, to protect the young and the vulnerable, and to ensure that
the facilities offered by licensed operators are fair and that players will receive their true winnings.
This brochure will introduce you to the Isle of Man as an ideal location for your e-Gaming business.
It provides an outline of the services we offer with regard to setting up an e-Gaming business on
the Island and the ongoing assistance we can provide in order to help you to make your venture a
successful one.
The level of resilience and stability combined with excellent data hosting facilities and supportive legislation
makes the Isle of Man an ideal location for (e-Gaming) licensing or a disaster recovery platform.
The Island has a competitive and simple tax strategy, which has strengthened its
competitive position internationally:
Low betting duty between 1.5% and 0.1% on gross gaming yield
Personal income tax capped at 120,000.00 for tax year to April 2013
No inheritance tax
No withholding tax
Most preferred location for non-UK companies wishing to incorporate when listing on AIM
Advanced Infrastructure
The Island offers world-class telecommunications infrastructure and services, with leading-edge fixed and
mobile telecoms networks and highly resilient bandwidth connectivity. This is delivered through outstanding data
centres which offer gaming specific expertise and industry leading DDOS mitigation solutions. The Islands
infrastructure provides:
Two self-healing fibre optic rings to the UK and Ireland plus a one-way fibre optic cable to the UK
A World-Class Reputation
The Isle of Man has been white-listed by the UK Gambling Commission allowing Isle of Man licensees to
advertise in the UK markets. This has enhanced the Isle of Mans world-class reputation as an e-Gaming
jurisdiction where the priority is:
Ensuring that the facilities offered by licensed operators are fair and that players receive their
true winnings
The Isle of Man introduced the first legislation specifically designed to benefit
gambling and e-Gaming in 2001 (Online Gambling Regulation Act 2001 amended
by Gambling (Amendment) Act 2006), and further recent changes to the licensing
and regulatory controls are designed to respond to the needs of the gambling and
e-Gaming industries.
Since the Online Gambling Regulation Act 2001 came into force, applications for
licenses have been granted by the Gambling Supervision Commission (GSC
established in 1962), which has provided a business-friendly regulatory framework
and a pragmatic licensing regime that seeks to protect the consumer and aid business
growth by providing:
Peripheral activities such as marketing, software, skill games and disaster recovery can be hosted or
carried out without any need for an Online Gambling Regulation Act 2001 (OGRA) license
Special legislation for disaster recovery, which permits immediate switch over for up to 90 days without
a license
e-Gaming businesses in any jurisdiction require an excellent source of advisers and service providers. It
is reassuring to know that the Island benefits from excellent legal, accountancy and fiduciary firms with
direct experience in gaming. OCRA Worldwide is proud to be one of the global leaders in corporate and trust
service provision.
7
A Business-Friendly Location
ocra.com
8
WHY CHOOSE OCRA (ISLE OF MAN) LIMITED AS YOUR E-GAMING SERVICE PROVIDER
At OCRA e-Gaming, we utilise our pioneering and entrepreneurial vision to provide guidance and assistance
in establishing your e-Gaming business in the Isle of Man. Allow our team of dedicated specialists to
support your business, leaving you to focus on growth and opportunity.
Our tailored approach ensures that you will be assisted every step of the way
in establishing a genuine presence on the Island. This includes:
Isle of Man Company Formation including Resident Company Directors where necessary
Designated Officials (DO) and Operating Managers (OM)
Local server hosting, data and disaster recovery
Local banking facilities
Physical office presence
OGRA License application and ongoing assistance
Accounting and VAT services
Workforce immigration planning and solutions
OUR SERVICES
The establishment of an Isle of Man Company is one factor that the Isle of Man GSC outline as being a criteria
when applying for an OGRA License.
OCRA e-Gaming offers you a bespoke incorporation service as a locally regulated and licensed corporate service
provider. Our incorporation and related services include:
The incorporation of all types of Isle of Man entities
If required, company formation in all global jurisdictions
Branch registration of Foreign Corporations
Representative Office registration
Provision of Registered Office facilities
Provision of Registered Agents
Provision of Legal Representatives and Agents
Provision of Resident Company Directors (see overleaf)
With our specialist e-Gaming service,
the odds for success are in your favour.
10
e-Gaming companies in the Isle of Man must appoint at least two local Directors who must be individuals
and not corporate. In addition a Designated Official (DO) must be appointed, and where that Designated
Official cannot reside in the Isle of Man, a resident Operations Manager (OM) will be required. Duties
undertaken include:
Presenting an overview of the business plan
Understanding Manx legislation
Understanding license conditions
Ensuring social responsibility
Responding to requests from the GSC
Ensuring Anti-Money Laundering directives are in force
Notifying the GSC of changes to operations
Your e-Gaming business cannot operate efficiently without world-class hosting and a data management centre.
Being located in the Isle of Man, OCRA e-Gaming has access to some of the worlds most pioneering and
technical infrastructure including:
A secure geographical location with low natural environmental risks
Multiple diversified fibre-optic connections to global networks
Low latency
High capacity bandwidth (1.2TB) data centres
Real-time data replication available through data centres
Perimeter and secondary security a data centres
Disaster recovery data centres
Standby generators and fuel supplies on site at the data centres
Fire suppression and early warning systems at data centres
Our 35 years experience has allowed us to maintain substantial relationships with premier local and international
banks offering a range of accounts in all major currencies, as well as online banking, gambling and trading
accounts.
Applying for a corporate bank account linked to the e-Gaming industry requires advanced due diligence. Our
team of dedicated banking administrators are on-hand to ensure that applications are processed with the
correct level of supporting documentation.
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Our global expertise ensures all financial activities are Preparation and filing of annual returns
accounted for in accordance with the legislative framework, Preparation and filing of license applications
allowing you to focus on the core areas of the business.
Preparation, filing and payment of government
We provide:
license fees
Accounting preparation, financial reporting and
Notarisation, apostilling and legalisation of corporate
consolidation of financial accounts
documents
Preparation of management and statutory accounts
Translation services in all major languages
Arrangement of audit
Corporate governance and international compliance
ocra.com
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HOW TO CONTACT US
EUROPE
MAURITIUS - HQ SEYCHELLES
OCRA (Mauritius) Limited OCRA (Seychelles) Limited
2nd Floor, MaxCity Building 303 Aarti Chambers
Remy Ollier Street Mont Fleuri
Port Louis PO Box 983, Victoria
Republic of Mauritius Mahe, Seychelles
Tel +230 217 5100 Tel +248 422 5555
Fax +230 217 5400 Fax +248 422 5999
ocra@ocra-mauritius.com ocra@ocra-seychelles.com
15
Ras Al Khaimah
OCRA Arabia FZC
RAK Free Trade Zone, PO Box 10559
Ras Al Khaimah, United Arab Emirates
Tel +230 217 5100
Fax +230 217 6300
ocra@ocra.ae
ASIA PACIFIC
ocra.com
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Policies
Our overriding aim is to ensure that our professional reputation and integrity is maintained by employing the
highest ethical standards. These standards include the need to be professionally independent in all the work
we do, and to treat all client information in the strictest professional confidence.
In this regard, we comply with laws, regulations and deliver best practice standards. The groups global code
of conduct creates a definable framework which governs our approach to doing business, and reflects the
commitments contained in our business philosophy.
Mindful of the laws and regulations on the prevention of international money laundering, the group implements
strict risk control procedures and balances thorough due diligence of all clients with a commercial appreciation
of the practicalities of business. While we respect and honour the confidentiality of our clients, we are committed
to undertaking full and thorough due diligence of all our clients identities, their places of residence and the
nature of their undertakings. To this end, we need to be fully appraised of both the rationale behind the
establishment of a corporate or trust structure and its modus operandi.
As a fully co-ordinated organisation, we guarantee a consistently high quality service a promise which is
backed by our global ISO 9001 accreditation.
FEES
By choosing OCRA e-Gaming as your service provider, you are tapping into a global network that has negotiated
very favourable terms with its suppliers to provide economies of scale that are passed on to our clients. As a
result, our fees are very competitive, particularly in comparison with other leading names in the industry.
The group employs a transparent fee policy and it has always been our commitment to agree fees with clients
prior to acceptance of any assignment. All fees are confirmed by way of a quotation or contract. To simplify
matters, our fees are divided into four components:
Fees for the establishment of e-Gaming companies These include registration, filing fees, annual
and structures. taxes and duties where applicable.
For the provision of corporate statutory services, Fees agreed with you prior to undertaking any
Professional Directors, Nominees and Trustees where assignment. These fees can be based on time or
applicable and Compliance & Regulatory Issues. at a fixed rate / transactional fee.
OCRA (Isle of Man) Limited is licensed by the Financial Supervision Commission of the Isle of Man.
CAUTION: The information in this brochure does not create a precedent. It is intended only as a
general guide and is not to be relied upon as the basis for any decision or outcome on the subject
matter. Professional advice and consultation by lawyers as applicable to the specific matter in
question and in accordance to the laws and regulations in force at that time, must be obtained.
ISO 9001:2000
Certificate Number 91196
Copyright OCRA (Isle of Man) Limited 2014