They seek to optimize tax payments.
After the company is registered in Krajowy Rejestr Sadowy, it is necessary to be included in the Register of National Economy (Rejestr Gospodarki Narodowe) and get a REGON number. This is necessary for statistics, respectively the register is maintained by the Main Statistical Office (Glowny Urzad Statystyczny – GUS).
Compliance with AML/CFT requirements: The company should develop and implement policies and procedures to prevent the use of its services for money laundering and terrorist financing.
The history of changes in the constituent documents.
Identification details and residential addresses of the company’s first executive directors and the ways in which they will represent the company
Determine your business needs and the types of accounts your company requires.
Most likely you’ll have to establish a company in the jurisdiction where you’re planning to license your payment institution which, of course, will have to satisfy capital, physical presence, and other requirements
To apply for a licence, you will need to prepare a detailed business plan outlining your business model, management structure, operating procedures and security measures. In addition, you will need to collect a complete set of documents, including company legal documents, AML/CFT policies and information about the management team.
How does holding a Maltese gambling license benefit operators in the EU market?Holding a Maltese gambling license provides access to the entire European market. Essentially, it allows operators to offer their services across the European Union, which is a stable and well-regulated market for online gambling.
The Gambling Act 2005 (Horserace Betting Levy) Order 2007