Setting Up a Casino in France

Tourism is one of the best and most developed industries in France and its development has triggered the expansion of other related sectors such as accommodation, restaurants and even of the casino segment. If until several years back, France did not allow the establishment of online casinos, in 2010 it amended its regulations so it allowed for gambling operators to set up online platforms for their activities. However, land-bases casinos can be found in Paris, Cannes, Nice and in other famous resorts in the country.

Foreign investors who want to open a casino in this country can rely on the services provided by our company registration consultants in France.

Company formation, the first step to set up a casino in France

The establishment of a casino in France begins with the company formation process. Foreign investors must choose the type of company for their gaming activities and register it with the Companies Registrar in France. Once a name is selected and the incorporation documents are ready, the formalities related to the registration of the company can be completed. Our French company formation agents can carry out this process on behalf of clients.

Licensing of casinos in France

The following types of gambling activities are permitted in France:

• -          land-based casinos;
• -          lotteries;
• -          sports betting;
• -          bingo;
• -          racehorse betting;
• -          poker.

In order to open a French casino which undertakes any of these activities, the operator must apply for a license which is issued by the Gaming Commission and the Ministry of Home Affairs, in accordance with the Regulations of gaming in casinos which was enabled in 2007.

Types of licenses for casinos in France

Whether physical or online, the opening of a casino in France implies obtaining one or more of the following licenses:

• -          a sports betting license;
• -          a lottery license;
• -          a poker license;
• -          a horseracing license.

The cost of a single license is 20,000 euros and 10,000 euros more will be added to any other license acquired by a casino. Each license has a validity period of 5 years and can be renewed.

We offer our clients the opportunity to work with our accountants in France if they have a business in this country. Payroll, bookkeeping, debt monitoring, tax registration, risk assessment, and evaluation are some of the services offered. Tax minimization methods are also available to those who want to cut the amount of taxes in the company. You can contact us at any time, online and by phone for more information in this field.

For information on the taxation of casinos and assistance in setting one up, do not hesitate to contact our company formation representatives in France.