Anjouan Gaming License

Anjouan Gaming License

Unlocking Global Opportunities: A Comprehensive Guide to Anjouan Gaming Licensing

Anjouan Gaming License

The Gaming Control Anjouan oversees online gaming in Anjouan, Comoros, ensuring fair, safe, and transparent operations while enhancing player experience.

They uphold high-quality standards through a comprehensive regulatory framework that benefits both players and operators, keeping pace with industry developments.  The authority prioritises a clear, responsible regulatory environment, working closely with operators for compliance.

Additionally, the licensing process, exclusively managed by Anjouan Licensing Services as the sole authorised agent for application submissions, is characterised by its efficiency and focus on critical areas such as fraud prevention and the promotion of fair play practices.

This streamlined process underscores the Gaming Control Anjouan’s unwavering commitment to upholding the highest levels of regulation within the online gaming industry, establishing a clear, accountable, and secure gaming environment for all stakeholders involved.

Anjouan Gaming License Overview

Anjouan’s licensing framework is designed to accommodate a wide range of online gaming activities, including casino games, sports betting, lottery, poker, and more, under a single comprehensive license.

This inclusivity enables operators to offer diverse gaming options without the need for multiple licenses.

One of the key advantages of obtaining a gaming license in Anjouan is the streamlined application process, which allows for relatively quick entry into the market compared to other jurisdictions.

Additionally, the cost-effectiveness of the licensing fees, coupled with favourable tax regulations, offers a financially viable solution for startups and established companies looking to maximise their profitability and expand their operational footprint.

ANJOUAN GAMING LICENSE - FREE CONSULTATION

The Anjouan Gaming License

Corporate and Licensing Framework

  • Corporate Establishment: Applicants have the option to incorporate an International Business Company (IBC) in Anjouan or apply with a company registered in almost any jurisdiction worldwide, showcasing the flexibility of the licensing regime.
  • License Validity and Structure: The license, valid for one year and renewable annually, covers operations across various online gaming verticals such as casinos, poker, betting, lotteries, and provision of software and white-labeling services. It accommodates both B2C and B2B models but prohibits sub-licensing.

Licensing Process and Categories

  • The licensing process encompasses a fit and proper test for directors, shareholders, and UBOs, alongside assessments of systems, server requirements, AML compliance, and operational policies.
  • The comprehensive license allows operation in multiple gaming sectors, emphasising the need to specify the business model (B2C or B2B) upon application.

Key Requirements for Application

  • Due Diligence: Rigorous due diligence on directors, shareholders, and UBOs is mandatory, including personal, financial, and professional references.
  • Operational Documentation: Applicants must submit a business plan, proof of domain ownership, compliant T&Cs, KYC, responsible gaming and underage gaming policies, AML policies, RNG testing certificates, and game/content provider agreements.
  • Server Requirements: Critical operations must be replicated on ALSI servers to ensure compliance and data integrity.

Restricted Markets

  • Licensees must adhere to restrictions on operations within specific markets, including Australia, Austria, Comoros, France, Germany, the Netherlands, Spain, the United Kingdom, the USA, and any FATF blacklisted countries, among others deemed prohibited by Gaming Control Anjouan.

Advantages of the Anjouan Gaming License

The Anjouan Gaming License offers several distinct advantages, making it an attractive option for gaming operators worldwide:

  • Cost-Effectiveness: The license is competitively priced, both in terms of initial setup and ongoing maintenance costs. This affordability makes it accessible to startups and established businesses alike.
  • Tax Benefits: Anjouan does not levy a tax on gross gaming revenue, presenting a significant financial advantage for operators by maximising profitability.
  • Efficient Processing: The licensing process in Anjouan is streamlined, typically concluding within 3-4 weeks. This efficiency facilitates quicker market entry for businesses under time constraints.

Regulatory Safeguards

The Gaming Control Anjouan enforces a strict regulatory framework, focusing on:

  • Fair Gaming: Ensuring that all games offered by licensees are fair, transparent, and operate on a random number generation basis that meets international gaming standards.
  • Player Protection: Implementing robust mechanisms to safeguard player data, ensure privacy, and promote responsible gambling practices.
  • Financial Reporting: Mandating regular audits and financial reporting to maintain high levels of transparency and financial integrity.

Compliance and Auditing

To uphold the licensing standards, the Gaming Control Anjouan conducts regular audits of its licensees, focusing on compliance with regulatory requirements, the integrity of gaming operations, and the financial health of the operator. These audits are crucial in maintaining the reputation of Anjouan as a reputable licensing jurisdiction.

The Anjouan Gaming License offers a comprehensive regulatory framework for online gaming operators, emphasising flexibility, fairness, and financial integrity.

With detailed requirements for application, rigorous due diligence, and specific documentation, the licensing process is designed to facilitate a secure and responsible gaming environment.

Applicants are encouraged to meticulously prepare their submissions, ensuring compliance with Anjouan’s regulatory standards to leverage the strategic advantages of operating under an Anjouan Gaming License.

Licensing Cost Comparison & Taxation

Jurisdiction

Application Timeframe

Local Officer Requirements

License Costs

Annual Renewal Costs

Corporate Taxation

Gaming Tax

Local Server Requirement

Local Company Requirements

Alderney

3-6 months

Yes

£17,500

£35,000-£400,000

0%

0%

No

No

Anjouan

3-4 weeks

No

€17,000

€17,000

0%

0%

Replication

No

Curacao

8-10 weeks

Yes

€61,700

€43,200

2%

0%

Yes

Yes

Cyprus

6-9 months

Yes

€30,000

€30,000

12.5%

13%

Replication

Yes

Gibraltar

6-9 months

Yes

£100,000

£100,000

12.5%

1% max £425,000

Yes

Yes

Isle of Man

3-6 months

Yes

£36,750 – £52,500

£36,750 – £52,500

0%

0.1 – 1.5%

No

Yes

Kahnawake

4-6 months

No

$40,000

$20,000

0%

0%

Yes

No

Malta

6-12 months

Yes

€25,000 – €85,000

€25,000-€85,000

35%

5% max €600,000

Yes

Yes

Ontario

6-12 Months

No

$100,000

$100,000

15%

15-25%

No

No

Tobique

6-8 weeks

No

€36,000

€18,000

0%

0%

Compliance Platform

No

United Kingdom

3-6 months

No

£4,224- £91,686

£4,199-£793,729+

19%-25%

15%-21%

No

No

 

  • The figures presented in the table above serve as estimates and are provided for informational purposes. It’s important to note that certain costs are approximations and may vary based on fluctuations in exchange rates.
  • It’s crucial to understand that the mentioned costs exclusively pertain to licensing fees and do not encompass expenses associated with legal fees, compliance procedures, or liaising with gaming regulatory authorities.
  • Furthermore, it’s essential to consider that additional charges might apply, including fees for key person licenses, local substance requirements, minimum capital obligations, and other regulatory prerequisites beyond the scope of the license costs.

Explore the diverse jurisdictions we specialise in through our comprehensive licensing support. Select a location from the dropdown menu to gain detailed insights into each region’s licensing landscape, requirements, and strategic advantages for your iGaming venture.

The Anjouan Gaming License FAQ

What is the cost of obtaining an Anjouan gaming license?

The cost is approximately 17,000 EUR, covering various fees including the Annual Anjouan Gaming License fees, ISP service for compliance backups, and additional fees related to compliance and due diligence.

How long does the process to obtain an Anjouan gaming license take?

The process typically takes 3-4 weeks.

Is there an additional fee for Compliance Officers or Key Persons?

Yes, there is an Annual Compliance Officer/Key Person Authorisation fee applicable per Key Person.

For how long are Licenses valid?

Licenses are valid for a period of one (1) year.

Are there any extra fees for complex structures?

Yes, further due diligence fees ranging from €250 to €500 per subject may be incurred for complex structures.

What measures must be in place for at-risk players?

Licensees must have procedures to identify at-risk players and provide information and encouragement to seek counselling or assistance.

Is there a guarantee the licensee will be granted?

The application fee does not guarantee that the license will be granted.

What financial standards must Anjouan licensees maintain?

Licensees must maintain financial ratios set by the Gaming Board and submit regular reports.

What are the requirements for preventing money laundering?

Licensees must follow established procedures including player identification, record-keeping, and appointing a money laundering reporting officer.

What territories are restricted under the license?

Licensees must adhere to restrictions on operations within specific markets, including Australia, Austria, Comoros, France, Germany, the Netherlands, Spain, the United Kingdom, the USA, and any FATF blacklisted countries, among others deemed prohibited by Gaming Control Anjouan.

What kind of reports must licensees submit to the Gaming Board?

Licensees must submit regular reports on gaming compliance issues and any significant incidents affecting the license.

What actions require notification to the Gaming Board?

Changes in beneficial ownership, revocation of other gaming licenses, and significant issues affecting the license must be reported.

What are the ongoing maintenance requirements after the first year?

This includes annual reports, compliance requirements, renewal fees, and other periodic tasks.

What gambling options can be offered under an Anjouan gaming license?

Licensees can offer a vast array of options, including casino games, sports betting, and poker.

Are there any server location requirements?

Critical operations must be replicated on ALSI servers to ensure compliance and data integrity.

What AML policies and obligations must licensees follow?

Each market that is targeted must adhere to local requirements. For example, if you are in the EU, you have AML directives 4, 5 and 6 and any other local requirements of a member state.

Are there any Responsible Gambling obligations?

• There are requirements for self-exclusion that need to be disclosed 24 hours after it is requested.
• Adherence to the protocols of each market you enter into and its terms.
• Implementation of responsible gambling tools, such as the ability for players to set deposit limits, wager limits, cooling-off periods and session limits, is mandatory.

Are there any requirements for player complaints procedures?

Licensees must adhere to the following protocols:
• A clear internal complaints process
• Protocols for responding to the complainant promptly
• Ensuring record retention of complaints
• Providing escalation process
• An approved Alternative Dispute Resolution (ADR) mechanism for escalated complaints

Are there requirements to segregate player funds?

Yes. Licensees are required to segregate player funds from operational funds. Player funds should be held in a separate account.

Should key Personnel be disclosed?

Yes.

What are the GDPR requirements?

Licensees must comply with local data protection requirements for each territory targeted and a Privacy Policy must be present in the footer at all times.

Is an onsite audit required?

No.

Are there marketing restrictions in place?

Yes.  Market specific.

Technical standards

• The website must have a footer containing specific information and policies, including:
• Company information or “About Us”.
• A responsible gaming link.
• Complaints and arbitration information.
• Terms of Use.
• Privacy Policy.
• Bonus Policy.
• Affiliates.
• AML & KYC policy.
• Payment policy.
• Contact us.

Corporate Structure

This innovative corporate structure leverages jurisdictional advantages across Belize and the EU, optimising financial operations and regulatory compliance.

The depicted corporate structure showcases a strategic alignment between a Belize Gaming Company, holding an Anjouan Gaming License, and its wholly-owned subsidiary, a Cyprus Payment Agent Company.

The Belize-based parent company, with its Anjouan Gaming License, signifies a robust entry into the online gaming market, underpinned by the regulatory credibility and market access provided by the Anjouan jurisdiction.

The creation of a subsidiary Cyprus Payment Agent Company offers manifold advantages, chiefly attributed to Cyprus’s favourable tax landscape, its membership within the EU, and a robust banking system known for facilitating international business transactions. This configuration enables effortless financial transactions, bolstering the company’s efficiency in payment processing and operational fund management. Furthermore, the subsidiary’s presence in Cyprus enhances the company’s reputation and trustworthiness among financial institutions.

Additionally, this corporate structure adopts a sophisticated approach to risk management by distributing regulatory and operational risks between the jurisdictions of Belize and Cyprus. This arrangement provides flexibility in responding to regulatory shifts, optimising tax liabilities, and tailoring services to diverse market needs.

Corporate Structure for ANJOUAN Gaming License

Benefits of an Anjouan Gaming License

Explore the strategic benefits of the Anjouan Gaming License, providing both emerging startups and established gaming enterprises with a range of advantages tailored to ease market entry, increase operational agility, and enhance profitability under a nurturing regulatory environment.

For Start-ups

  • Cost-Effectiveness: The relatively low cost of obtaining an Anjouan gaming license, including all associated fees, makes it an attractive option for startups and new ventures looking to enter the online gaming market without a heavy financial burden.
  • Streamlined Application Process:  The Anjouan license offers a straightforward and efficient application process, allowing new companies to quickly set up and start their operations within 3-4 weeks, minimising downtime and accelerating market entry.
  • Comprehensive Regulatory Framework:  New companies benefit from a robust regulatory environment that ensures fair play and player protection, fostering trust and credibility with players from the start.
  • Tax Advantages:  With 0% gaming tax on gross gambling revenue, new gaming companies can maximise their profitability while growing their business in a tax-advantageous jurisdiction.
  • Flexibility in Gaming Options:  Anjouan’s licensing allows for a broad range of online gambling services, including casinos, sports betting, and lottery, offering new companies the flexibility to explore various market segments.
  • Global Market Access:  Holding an Anjouan gaming license enables new gaming companies to operate globally, reaching players from different parts of the world and expanding their market reach early in their development (Subject to Local Regulations).

For Existing Gaming Companies

  • Expansion Opportunities:  Established gaming companies can leverage the Anjouan license to explore new markets and diversify their offerings, benefiting from the global recognition and credibility of the Anjouan regulatory framework.
  • Regulatory Compliance:  Existing companies can enhance their regulatory compliance portfolio by adding an Anjouan license, ensuring adherence to international gaming standards and reinforcing their commitment to fair and responsible gaming.
  • Cost Management:  For companies looking to optimise operational costs, the Anjouan license presents a cost-effective solution for maintaining a license with favourable tax implications, aiding in better financial planning and resource allocation.
  • Increased Player Trust:  By operating under the reputable Anjouan jurisdiction, existing companies can bolster player confidence and loyalty, benefiting from the positive image associated with stringent regulatory compliance.
  • Technical and Compliance Support:  The Anjouan licensing authority offers expert technical support and guidance on compliance requirements, providing existing companies with valuable resources to navigate regulatory landscapes and overcome technical challenges.
  • Operational Flexibility:  The Anjouan license allows for operational scalability, enabling existing gaming companies to easily introduce new games or expand into new gambling verticals, supporting their growth and innovation strategies.

ANJOUAN GAMING LICENSE - FREE CONSULTATION