Because in China the gambling activities are strictly forbidden, the only places for developing such activities are Macau and Hong Kong, two administrative regions with a special status. It is good to know that the only legitimate forms of gambling are the sports and the welfare lottery which are administered by the China Sports Lottery Administration Centre, respectively China Welfare Lottery Issuance Center, under the supervision of the Ministry of Civil Affairs. If you are interested in opening a company in the gaming sector in China, we suggest you address your inquiries to our team of company formation agents in China.
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What gaming activities can you establish in China?
Sports betting and lottery are the only legal forms accepted and authorized by the Chinese government and any other illegal activity is strictly banned. However, if you would like to start a company in the gambling sector in Macau or Hong Kong, you can direct your attention to casinos and the related gaming activities.
Local lottery distributors in China
Those interested in acting like Authorized Lottery Distributors in China need to respect and bear in mind a few conditions, like:
- a lottery distribution agreement with details about the financial management, default liabilities, the management of the special equipment (if any) will be issued;
- persons over 18 years of age can apply with the Lottery Issuance and Lottery Sales Agencies in order to become distributors;
- making proof of a clear criminal record and no debts is mandatory;
- independent entities with a legal personality can perform lottery activities in China.
We remind that you can solicit assistance from our specialists in company formation in China if you would like to activate in the gambling activities in mainland China or in the administrative provinces.
Gambling in Macau and Hong Kong
Approximately 50% of Macau’s economy is sustained by the highly-developed gambling tourism and it is an important source of profits in this administrative region. Lotteries, casino games, sports betting and greyhound racings are the important gaming and gambling categories in Macau and Hong Kong. With a history dating back in the 18th century, the gambling activities in Hong Kong and Macau developed extensively due to permissive policies which are approximately the same nowadays. The taxes on gambling activities in these special regions are sustaining directly the economy, considering that the number of tourists interested in such kind of entertainment is growing constantly.
We invite foreign investors in China to benefit from the business opportunities and to open a WFOE in China with complete ownership and tax reliefs. Please contact our company incorporation representatives in China for complete support.