Online Gaming Licenses
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 favorable tax regulations, offers a financially viable solution for startups and established companies looking to maximize their profitability and expand their operational footprint.
Anjouan offers online gambling operators a simple and fast licensing process, with low application fees and ongoing expenses. If you wish to build an online casino, or other type of online gaming website, Anjouan has a very attractive offer for you!
Advantages Of The Anjouan Online Gambling License:
• Very little taxes. Thanks to a special structure explained below.
• Save money. Anjouan is considered a more affordable option compared to other prominent licensing jurisdictions.
• Save time. Fast and straightforward licensing process that ensures minimal delays in getting your business up and running.
• Low annual fees and minimal administrative burdens.
• Conduct your business in English under modern, well-written, and fair regulations, based on international standards.
What Is The Anjouan Online Gambling License?
Anjouan’s online gaming license has gained a reputation for being a reliable option for operators in the industry. The jurisdiction offers all the regulatory benefits like those found in other jurisdictions, while at the same time providing the added benefits of low licensing fees.
With the regulatory changes going on in Curacao, online gambling operators risk facing unforeseen challenges which could result in a disruption of their services.
The Anjouan gaming license presents an enticing alternative by being an economically viable option that can be attained with relative efficiency and speed.
Types of Products You Can Offer Under This License:
• Casino
• Betting
• Poker
• Lottery
• Provision of software and White-Labeling services
What do you need to do to start an online casino or online gambling site
If you want to start an online casino, a number of things need to happen.
First of all, you need a license. This license ensures that you can offer your services legally. At the same time, it mandates that your website and organization safety standards. This signals to your customers that it is safe to gamble on your site!
In order to apply for a license, you need to setup a company. This company will need to comply with a number of rules. If you use an offshore company, this will lower the overall tax burden.
Next, you will have to buy and install casino software. If you do not know exactly how, we have contacts with the best builders in the industry.
Processing Payment Agent
It is crucial for online casinos to be able to accept payments. However, due to ongoing regulatory scrutiny, it is now next to impossible for offshore companies in jurisdictions such as Anjouan to accept online payments.
What you need is a payment processing agent, also known as a Payment Agent Company.
A Payment Agent Company is a client facing company in a reputable jurisdiction. It processes payments for your website. For this, it receives a small fee (to satisfy local tax rules). All the profits are then forwarded to your main offshore company.
For this to work, you need to use a jurisdiction with a low tax rate, where you can get an account with an Electronic Money Institutions “EMIs” or Bank, access credit-card payment providers.
The Anjouan Online Gambling License Process
Step 1: Preliminary Review
A preliminary review of your activities is conducted, which includes providing information about your intended operations and target markets.
Step 2: Pre-Approval
Application
Submit a pre-application with supporting documents and a non-refundable fee.
Step 3: Gaming License Approval
Upon approval, settle all necessary one-off fees and deposits.
Step 4: Application Evaluation
Work on incorporating the gaming license holding company and gather and prepare all required documents for the license application.
Step 5: Incorporation of Payment Processing Company
Set up the company and approach payment processing service providers for your target markets.
Once all requirements are met, the license is approved, and you can commence operations.
Requirements
To operate under this regulated business, individuals involved need to provide:
• Brief business plan
• Proof of domain ownership
• Review and approval of website for compliance
• Compliant T&C
• Responsible gaming policy
• Anti Under-age gaming plans
• AML policies
• Copies of RNG Testing Certificates (If Applicable)
• Copies of Game/Content Provider
• Agreements for gaming systems and games used (If Applicable)
• Certified true copy of passport
• Certified true copies of proof of residential address. i.e. utility bill
• Original bank reference letter (Relationship must be longer than 2 years)
• Professional letter of reference from a lawyer or accountant where the shareholder has been a client for at least 2 years
• CV
• Complete Remote ID Verification
• Clear criminal record certificate
• Completed Application Forms
• Completed and signed UBO declarations
• Certified true copy of certificate of registration
• Certified true copy of memorandum and articles of association
• Certified true copy of the register of shareholders and signed by the director of the company.
• Certified true copy of the register of directors signed by the director of the company.
• Certified true copy of company extract from the registry (if applicable)
• Certified true copy of Certificate of Good Standing
• Certified true copy of Certificate of Incumbency
Regulation and Compliance
The compliance and regulatory environment governing the Anjouan Gaming License is business friendly yet regulated effectively. The island has a clear and concise gaming law providing for protection and responsible gaming for the operators and the users.
The administrators of the Anjouan Gaming License are responsive and keen to help the License operators. The licensing process in Anjouan is fast and efficient, from setup to operation.
Costs and charges
Obtaining an Anjouan Gaming License is cost effective. Furthermore, the license can be held by a holding company of any jurisdiction worldwide, subject that the jurisdiction does not prohibit E-gaming activities.
Tax system
Anjouan does not tax online gross gaming revenue which helps foster an excellent effective tax rate when the structure above is applied.
Cryptocurrency friendly jurisdiction
Anjouan licensed online gaming operators are allowed cryptocurrencies as a method of payment by Law.
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