The recently modernized and streamlined Anjouan IGaming License, once a hidden gem, is now emerging as a top choice for startups and entrepreneurs venturing into the online gambling business in 2023 and beyond.
Being a member of the World Trade Organization, Anjouan has the authority to establish and enforce rules governing international trade. This membership adds global recognition and respect to the Anjouan Gaming License. Consequently, license holders can offer their gambling services worldwide with confidence, knowing that these services meet international standards and are fully compliant.
Despite Anjouan’s flexible gambling regulations, which come with lower entry barriers and a simpler licensing process compared to other jurisdictions, holding an Anjouan gambling license still means credibility and a commitment to high compliance standards.
Anjouan IGaming License – The Startups Friendly option.
For those venturing into the world of online gambling startups and entrepreneurship, the Anjouan Gaming License has recently undergone huge improvements. Flying under the radar until now, it had become a prime choice for those seeking for new IGaming licensing options.
Anjouan stands out as an exceptionally accessible jurisdiction for licensing. With one of the quickest processing times, it presents a unified license covering a spectrum of games of chance, from Casino and Sports to Poker, Bingo, Lotto, Provably Fair Games,Blockchain-Based Games and more.
The Anjouan License can be processed in only 3 weeks.
Pairing this versatility with its competitive pricing, Anjouan becomes the optimal hub for startups and individuals embarking on their inaugural journey into the online gambling world.
It’s the Anjouan IGaming License a Good Option?
For newbies in online gambling, going for an Anjouan license is a smart move. It allows the company to experiment, attract customers, and reinvest earnings without spending a fortune on applications, taxes, and fees. Also, it’s convenient for expanding and exploring different markets, games, and areas without breaking the bank.
For new online gambling platforms, XNEXT often recommends the Anjouan gaming license. It allows startups to try things out without investing a lot of money upfront.
Main benefits of an Anjouan IGaming License
A perfect option for new and existing casinos.
Fast and Affordable
When it comes to getting a gambling license, speed and cost matter most for business owners. Anjouan license stands out by being the quickest to process globally, allowing business owners to launch their platforms in no time.
Hassle-Free Gaming License Application
Getting a gambling license usually involves tons of paperwork and bureaucratic hurdles but Anjouan is different—it’s one of the easiest and fastest license jurisdictions.
All-Inclusive Coverage with Just One License
Anjouan eGaming License stands out by offering a single, comprehensive license that covers all iGaming activities. This flexibility allows business owners to diversify their offerings in the future without breaking the bank.
But why is it becoming such a popular option?
Anjouan, an autonomous island within the Union of the Comoros, may not have garnered much attention in the past. Nevertheless, the island’s authorities have astutely recognized the economic potential within the iGaming industry.
Recent efforts have streamlined and updated it, propelling it into contention as a credible alternative to well-established licensing hubs such as Malta and Curacao.
| Aspect | Malta | Curaçao | Anjouan |
| Processing Time | 30-50 weeks | 6 weeks | 3 weeks |
| Cost | Higher initial and ongoing costs. | Moderate initial and ongoing costs | Lower initial and ongoing costs. |
| Taxation on Revenue | Tax on gross gaming revenue (GGR) applies. | Lower taxation on net profits. | No gaming tax on gross gaming revenue (GGR). |
The Complete Licensing Process:
To get a gambling license in Anjouan, you need to set up a local company and meet certain requirements. These requirements include revealing the identities of people associated with the company, detailing the nature of the business, the source of funds, residence information, and ensuring internal operations comply with standards. Compared to other places, the yearly license fee is reasonable.
Requirements to get the Anjouan IGaming License:
- Incorporation documents
- Business plan
- A copy of internal AML/CFT policies, including KYC
- Terms & Conditions with policies on underage gaming, responsible gaming, and player KYC
- Agreements with game providers if applicable
- Proof of domain ownership
- RNG testing certificates
- Real-Time Transport Protocol (RTP) agreement
Similar to procedures in other jurisdictions, applicants undergo background checks and due diligence. In addition to adhering to the jurisdiction’s regulations for player protection and transparent business operations, every key individual is required to submit the following documents:
- A notarized copy of the passport
- A police certificate of no criminal record from their home country
- A CV showing their ability to run daily operations or take on an intended role
- Utility bills
- An original reference from a bank (relationship longer than 2 years)
- An original professional reference letter from an accountant or lawyer (relationship longer than 2 years)
All documents must be in English, dated within the last 90 days, and, if in a different language, require certified translation.
Getting Profitable Faster with Rapid Set-Up
In the high-speed world of iGaming, time is a critical factor. Anjouan’s speedy application processing ensures that operators can swiftly kick off their platforms and begin raking in revenue sooner. This not only boosts profitability but also enhances market competitiveness. Assuming all documents are submitted accurately and on schedule, the license can be greenlit within a matter of days. The sooner you’re operational, the sooner the cash starts rolling in.
Global Influence and Acknowledgment
Anjouan’s affiliation with the World Trade Organization (WTO) amplifies the global footprint of its gaming license. This strategic alignment empowers operators holding an Anjouan gaming license to penetrate international markets, catering their services to a diverse player base across the globe.
Fortified Protection and Ethical Gaming Standards
The gaming landscape in Anjouan is fortified by robust regulations that demand uncompromising digital security protocols. These measures act as a shield, fortifying both operators and players against potential digital threats. Concurrently, Anjouan prioritizes responsible gaming through steadfast policies, ensuring player welfare and advocating for ethical gambling practices.
FAQ’s
What’s the cost of an Anjouan gaming license?
Typically around 17,000 EUR, covering yearly fees, setup costs, and ISP service for compliance backups.
How long is the gambling permit valid?
Annual renewal with a one-year validity.
Is it difficult to get a gambling license in Anjouan?
Difficulty depends on meeting regulatory requirements and following procedures.
What does the Anjouan gambling license cover?
It covers game creators, sellers, operators, and different types of games like betting, online casinos, bingo, poker, eSports, live games, scratch cards, and gambling.
How many directors or members are needed for an Anjouan business?
Varies based on company type and structure. Comply with stated requirements.
Is Anjouan a good place for a gambling license?
Yes, especially for budget-conscious individuals testing a new gambling business.
Where can I operate with an Anjouan IGaming License?
The Anjouan license allows operators to work globally, except in the USA, Australia, Austria, the Comoros, France, Germany, Netherlands, Spain, and the UK.
XNEXT is here to make setting up your online casino a breeze.Our goal? To get your online casino running smoothly and fast. Contact us today and get your online casino running up in no time.
