How to pick your corporate and licensing provider in Curacao

Are you looking for a corporate and licensing provider in Curacao? There are plenty of service providers out there and it can be tough to know which to choose. Not all providers are created equally and there are a number of things you should be on the lookout for before signing on the dotted line.

Are they really experienced?

When looking for a corporate and licensing service provider in Curacao, you need to consider whether your chosen partner is experienced. When we say ‘experienced’ we don’t mean 5 years, nor do we mean 10 years. To really be considered as experienced in the field, you need to be looking for a company that has spent at least 15 years working in the relevant sector. 

But general experience is not enough either. They should have hands-on, local knowledge of Curacao, licensing, and all corporate matters related to operating a business there. If they don’t, it’s probably best to keep looking. Experience is a key factor in ensuring professionalism and efficiency.

Is the Licensing provider being transparent?

It can be tempting to opt for a provider that offers you the lowest rates. But are they telling you the whole story? Some providers offer what appears to be low prices, but really they aren’t forthcoming about additional charges you will have to pay.

In terms of Curacao, for example, some service providers will tell you that the managing director must be a Curacao resident and will then proceed to offer you managing director services at an additional cost, both initially, and on an ongoing basis.

Sometimes, exorbitant monthly rates are charged for providing managing director services- again, something you wouldn’t be made aware of initially unless you asked specifically. The truth is, in Curacao, the managing director of a company can be resident anywhere in the world and a nominee managing director is not required.

Don’t let yourself be mislead- always ask for a total breakdown of all costs beforehand and question each one to see if it’s really necessary.

Does the provider offer customized solutions?

There’s no such thing as ‘one-size-fits-all’ when it comes to setting up a company or getting an online gambling license. Each client has specific needs, requirements, and obligations. As such, your provider should be prepared to offer you a custom and tailor-made package. After discussing what you need, they should present you with a quote including everything that you have asked for. In a dynamic industry such as gaming, customized solutions from your corporate service provider is key.

But it’s not just at the set-up phase that you need this. Ongoing support and aftersales assistance should be available. Some licensing providers charge for answering simple questions after the initial sale has been made. This is not a good example of ongoing customer service and aftersales support.

Do they respond to your needs?

One of the first rules of good customer service is not keeping your client waiting. If you’re waiting days for a response to an inquiry this is a bad sign. Time is money and in the fast-paced world of business, delays can be catastrophic for your operations. If a service provider is unable to answer you quickly and concisely, you can be sure that they will take a similar attitude to process your license application.

If you ask a question you should expect a prompt acknowledgement. Certain questions require time to answer, but your provider should at least tell you they are working on it. 

It is also important to know how long the licensing provider will take to undertake the task at hand. No provider can speed up the process from the regulators’ side, but they can be efficient in their work. Make sure you pick a provider with optimum set-up times and be sure they will stick to it.

Fast Offshore

Fast Offshore has over two decades of experience in corporate services and different kinds of licensing. We have worked in Curacao since online gambling licensing started and we are familiar with the entire process in-country. Additionally, we offer both turnkey and custom packages for our clients, ensuring full transparency about fees. We will never sell you something you don’t need because we want to retain your trust, and business- not just make a quick sale.

We can take care of the whole start-up and ongoing process for you. This includes company formation, licensing, bank accounts, payment providers, and more. Fast Offshore can even assist with audits and compliance, drafting business documents, and taking care of periodic maintenance. Just tell us what you need. We will then promptly provide you with a quote and will communicate with you efficiently throughout the process. Contact us today to find out about our corporate and licensing provider in Curacao services!