Belize offers a one-size-fits-all gaming license covering all online gambling verticals, ideal for MAJUBAJI's business model in Bangladesh with certain restrictions.
To apply for a Belize gaming license, MAJUBAJI needs to meet requirements related to company setup, financial obligations, initial application costs, and recurring annual costs.
Although Belize provides tax exemptions for operations outside the country, it has downsides compared to licenses from Panama and Curaçao.
Getting a Belize gaming license involves initial costs of approximately $15,500 USD, expires annually on March 31, has a quick approval process, and imposes a 0.75% tax rate on gross turnover.