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ICOSiGAMING COMPLIANCE

Nevis Gaming Licence: Every Cost, Line by Line

The full year-one breakdown. No ranges. No hidden fees. No discovery call required.

EUR 41,200
Year 1 total with ICOS (all-in)
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What the Nevis licence actually costs

Most guides quote a range so wide it tells you nothing. Or they list the licence fee as if that is the total, which it does not. This page gives you the actual figures, verified against the NOGA published fee schedule in April 2026.

The Nevis Online Gaming Authority (NOGA) charges a flat licence fee of EUR 28,000 per year. The same figure applies to B2C and B2B licences. There is no application fee separate from the licence fee. There is no annual review fee. There is no GGR tax, no corporate income tax on offshore income, no capital gains tax, and no dividend withholding tax.

What sits on top of the NOGA fee is a small set of mandatory and predictable costs: the Nevis IBC or LLC that holds the licence, a local Reporting Officer registered with the Nevis FSRC, and the ICOS service.

Year one cost breakdown

Here is the full year-one cost if you work with ICOS:

Cost itemAmount (EUR)Notes
NOGA licence fee28,000Flat fee, B2C or B2B
Nevis IBC formation1,500Includes registered agent and office (Year 1)
Local Reporting Officer (Year 1)4,200FSRC-registered, mandatory
ICOS service fee7,500Application + 4 months post-licence support
Year 1 total41,200Fixed at quote

That is the number. Fixed. Published. No retainer kicks in until month 5, and even then the retainer is optional.

What is included in the ICOS service fee

  • Full application management from intake to licence issuance
  • Nevis IBC or LLC formation through a vetted Nevis registered agent
  • AML policy, KYC procedures, responsible gaming documentation
  • Local Reporting Officer introduction and onboarding
  • Document preparation and submission to NOGA
  • Regulator liaison throughout the process
  • 4 months of compliance support after go-live

Why the Reporting Officer is mandatory

Every Nevis gaming licensee must appoint a Reporting Officer registered with the Nevis Financial Services Regulatory Commission (FSRC). The Reporting Officer is the formal AML and compliance contact for the licensee, and is required by NOGA before a licence is issued.

This is a Nevis-specific cost. Anjouan does not require it. Curacao does not require it in the same form. The EUR 4,200 figure is the working market rate for an FSRC-registered Reporting Officer in 2026, and ICOS introduces operators to a reliable provider as part of the application service.

What the NOGA fee covers

The EUR 28,000 NOGA fee is the licence itself. It includes:

Included in the EUR 28,000 NOGA feeStatus
Licence issuance for B2C or B2B operations✓ Included
Initial due diligence on directors, shareholders, and ultimate beneficial owners✓ Included
One year of regulatory oversight✓ Included
Access to the NOGA online licensing portal✓ Included
Listing on the public NOGA register✓ Included

Add-on costs that are not included but are usually small in practice:

  • Additional domains beyond the standard allocation: EUR 750 per domain
  • Sub-domains: EUR 35 each, dropping to EUR 15 each when 50 or more are submitted at once
  • Key Employee registration with NOGA: USD 500 per registered key employee
  • Change requests after issuance: EUR 1,000 for new directors, shareholders, or UBOs; EUR 5,000 for material changes in ownership

No GGR tax. No revenue share.

Nevis charges zero percent on gross gaming revenue. There is no revenue share, no turnover tax, and no variable regulatory cost. Whatever the operation generates, the regulatory cost stays at EUR 28,000 per year on the NOGA side, plus the Reporting Officer.

Nevis is part of the Federation of St Kitts and Nevis, a FATF whitelist member. The jurisdiction is FATF-compliant by inheritance. This sits a notch above Anjouan on the regulatory tier and improves payment processor and banking access correspondingly.

Year 2 and ongoing

After year one, the IBC formation cost drops off. What remains:

Cost itemYear 2 onwards (EUR)
NOGA annual renewal28,000
Local Reporting Officer4,200
Corporate maintenance (agent, office, gov renewal)1,500
ICOS retainer (optional, annual contract)7,800
Year 2 total without retainer33,700
Year 2 total with retainer41,500

Renewal is straightforward. The same EUR 28,000 NOGA fee carries forward. The Reporting Officer continues. Corporate maintenance (registered agent, registered office, government renewal) runs around EUR 1,500 per year.

ICOS retainer is optional after the four months of included post-licence support. EUR 800 per month or EUR 650 per month on an annual contract (EUR 7,800 per year), covering regulatory monitoring, renewal coordination, AML training tracking, and NOGA correspondence.

How Nevis compares

These are approximate year-one totals for the four ICOS jurisdictions:

JurisdictionYear 1 (approx.)GGR taxNotes
Anjouanfrom EUR 29,078NoneLowest cost; tier 3 perception
Nevis (with ICOS)from EUR 41,200NoneFATF-compliant; better banking access
Curacaofrom EUR 41,000NoneExcludes substance costs
MGAfrom EUR 47,0005% GGR + min. compliance contributionEU passporting; 5-8 months

Nevis sits between Anjouan and Curacao on cost. It is more expensive than Anjouan because of the NOGA flat fee and the Reporting Officer requirement. It is cheaper than Curacao and significantly cheaper than MGA. The trade-off vs Anjouan is regulatory standing: Nevis is FATF-compliant via the Federation of St Kitts and Nevis, which is meaningful for payment processor and banking access in a way that Anjouan currently is not.

For operators who need a step up from Anjouan-tier perception without the cost or complexity of Curacao, Nevis is the natural choice.

Frequently asked questions

How long does the Nevis licence take?

8 to 12 weeks from initiation to licence issuance. NOGA's own internal review window is 4 to 6 weeks once a complete application is submitted. The full timeline includes IBC formation, document preparation, and KYC collection, which run in parallel where possible.

Are there any costs beyond the EUR 41,200?

The EUR 41,200 covers the NOGA licence fee, IBC formation, Year 1 Reporting Officer, and ICOS consulting. It does not include legal advice, payment processor onboarding, RNG certification (if you use proprietary games), platform or software costs, or Key Employee registration with NOGA (USD 500 per person if applicable). Those vary by operator and are separate from the licensing process.

Can I hold a B2B and B2C licence?

Yes. Both licence types carry the same EUR 28,000 NOGA fee. If you need both, the regulator fees double, but the IBC and ICOS service can cover both applications in parallel.

Do I need a local office or server in Nevis?

No. NOGA does not impose a local server or data residency requirement. What is required is a Nevis-incorporated entity (IBC or LLC) and a registered agent. Operators host infrastructure wherever suits the technical stack.

What is the difference between Nevis and Anjouan?

Both are zero-tax offshore licences. Nevis is more expensive (EUR 41,200 vs the Anjouan licence at EUR 29,078 in Year 1) but sits a tier higher on regulatory recognition through FATF compliance. Payment processors and banks generally treat Nevis-licensed operators with less suspicion than Anjouan-licensed operators. If your payment stack is crypto-dominant or you have processor relationships that accept Anjouan, Anjouan saves around EUR 12,000 in Year 1. If you want broader processor and banking access, Nevis is worth the difference.

What if I already have a quote from another firm?

Compare it against these numbers. They reflect the actual NOGA fee schedule and standard Nevis market rates as of April 2026. Any figure significantly above EUR 41,200 should come with a clear explanation of what the additional cost covers.

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2026 ICOS Consulting. Nevis pricing verified against the NOGA published fee schedule, April 2026. · info@icos.consulting