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Alderney Jurisdiction

The British Channel Islands are considered to be the world's leading offshore finance centers. In recent years they have won a reputation of e-commerce centers of excellence. The Channel Islands are dependencies of the British Crown that are self governed. Anyway the islands are not part of the United Kingdom, nor are members of the European Union.

Alderney, the third largest of the Channel Islands and one of the constitutive islands of the Bailiwick of Guernsey, is approximately 8 miles from France and 60 miles from mainland Britain. It has its own government, legislature and company laws and operates with the same modern banking, insurance and investment laws as Guernsey. The Guernsey Financial Services Commission is a statutory body responsible for ensuring that the finance industry on Guernsey and Alderney is well regulated. Alderney is subject to the provisions of Guernsey taxation laws.

Alderney licensees are by law permitted to take advantage of the modern hosting facilities and excellent telecommunication networks on both Alderney and Guernsey. For international network links, Alderney and Guernsey's telecommunication network offers reliable and high capacity links to the UK, Europe, the USA and Asia.

Alderney Gambling Control Commission

Alderney Online Gambling License is issued by the Alderney Gambling Control Commission (AGCC). Alderney is a self governing British dependency, located in the north of the Channel Islands. AGCC is an independent non-political regulating body empowered to perform regulating activity in regards of online gambling games under the Alderney Gambling Law.

Founded in 2000 the commission won a reputation of a leading online gambling jurisdiction today. The mission of AGCC is to maintain the integrity and ensure fairness of online gambling business in Alderney. The commission seeks all aspects of online gambling services to be delivered in accordance with high industry standards, basing on the principles if honesty. These aspects include such issues as funding, gains pay offs, software performed processes, etc. The commission claims to protect players’ interests from any kind of criminal influence.

It is also important to highlight that the Commission is a regular attendant and encourager of traditional dialogue between different regulatory bodies, carried out on an international level. AGCC is a member of the Gaming Regulators European forum (GREF), and the International Association of Gaming Regulators (IAGR). Moreover, in order to guarantee online gamblers security and fair play the Alderney Commission works in close cooperation with many influential law enforcement agencies in the aspects of gambling regulations and financial crime prevention.

AGCC is by rights considered the most progressive jurisdiction. It was the first commission to introduce a licensing reform and bring innovations to its legislation. Alderney Gambling license is a multiple gaming type certification method. It covers casino, poker, sportsbook, and lottery aspects.

Alderney Gaming Control Commission Licensing

Being licensed by AGCC has several important economic advantages. First of all, companies established for the purposes of holding an Alderney eGambling License may qualify for tax-exempt status in which case they do not pay income tax but pay a minimal non profit related fixed annual fee instead. Secondly, there is no VAT or other Sales tax applicable on Alderney. What is more, there is no tax or other duties payable on gambling operations.

AGCC issues four main types of gambling licenses:

Full eGambling license
Associate certificate
Hosting certificate
Restricted use eGambling license

The holder of the Alderney full eGambling license has all the rights to run online gambling business and proceed gambling transactions including all kinds and forms of gaming, betting and lottery participation.

The license issuing process is carried out in two phases. The first phase is license application. It is a multi-step process, involving registering a company in Alderney, issuing the application Notice, application documents submitting. In addition an applicant’s business plan will be evaluated. The investigation process also includes careful estimation of corporate entities, software providers and management executives. The second phase, usually conducted simultaneously, includes evaluation and approval of the provided documents. On this phase third party experts can be involved in the process.

Current full eGambling license annual fee equals to £70,000 GBP. The costs of initial investigations should also be covered by the applicant’s side.

AGCC is empowered to establish full control over the licensee’s online gambling business operations. The main control issue is online players’ protection. In this respect the commission will investigate gamblers’ complaints and check the precautions taken in order to prevent underage gambling.