Licences/Cyprus

Cyprus (Sport only) Licence — Cost & Bank Account

Real Cyprus (Sport only) licensing costs from National Betting Authority (NBA), plus how to open a bank account once you hold it. Setup typically 14 weeks; banking usually 10 days after.

Cost overview (5-year all-in)

Application fee
€0
Annual licence
€30,000
Capital req.
€0
GGR tax rate
13.0%
Legal setup
€50,000
Compliance / yr
€140,000
Audit / yr
€25,000
5-year total
€1,025,000
Setup time14 weeks
Term1 years
Local personnel requiredYes
Player-fund segregationRequired
Tiereu regulated
Confidencehigh

Notes

Cyprus only licences sport betting (Class A land / Class B online). No online casino. €45k for 2-year licence.

Primary sources

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