Anjouan is one of the most popular iGaming jurisdictions in 2024. The state’s government has created a convenient and flexible system of gambling rules, which has provided the island with a stable influx of foreign investment.
At the Casino Market studio, you can get detailed information about the nuances of obtaining certifications in various regions and order a turnkey project with full legal support.
Historical Background of the Jurisdiction
The territory belongs to the famous Union of the Comoros. The local authorities began issuing iGaming permits back in the 1990s.
Obtaining the status of an online casino licensing centre was part of a larger strategy to attract international investments to the region and diversify the economy. The initiative’s popularity was instantly facilitated by a competitive pricing policy and simple requirements for applicants.
Even now, despite high demand and stable resource growth in the region, the government offers fairly favourable financial conditions. It is especially true compared to the services of well-established alternatives, such as the Isle of Man, Malta, or Curacao.
Main Benefits of Receiving Anjouan’s Certification
The Comoros jurisdiction provides sustainable support for both start-up entrepreneurs and large operators or suppliers who already have a document to work in other countries.
Results of choosing a local permit:
Economic Efficiency
According to applicants, one of the main advantages is the region’s beneficial pricing policy. The certification cost, maintenance expenses, and fees are smaller than in larger offshore zones.
Another plus is the low tax rate. This aspect makes the island an excellent option for small startups and companies with limited initial capital.
Simplified Licensing Procedure
The regulatory body has reduced the application review period as much as possible and has almost eliminated bureaucratic costs in the gambling segment. As a rule, it takes only a few days to obtain permission.
Anjouan requires a reasonable number of documents. The range of mandatory data includes:
- a business plan of the enterprise;
- in-depth reports about the board of directors;
- a complete list of games and services that the manager plans to provide.
Legitimacy and Worldwide Recognition
While the jurisdiction cannot boast the same global fame as, for instance, the Isle of Man, the regulator has created a solid reputation as a safe offshore country with a stable framework.
Anjouan’s authorities ensure that operators with a local licence follow essential international standards:
- comply with all provisions of the AML program;
- implement tools to promote responsible play practices.
Business people certified on the island can offer services in most global wagering markets.
Privacy Guarantees
The government has developed an effective system to protect user and commercial information. Anjouan guarantees that all operators’ and clients’ data is completely secure.
The jurisdiction presented well-thought-out rules and now leverages advanced tools to monitor what is going on in its territories.
Reasonable Tax Obligation
One of the regulator’s main advantages is the absence of high fee rates adopted in larger offshore zones. For instance, the state does not collect corporate charges for gambling revenue.
A favourable financial environment makes the country even more appealing for those seeking the most rational budget spending.
Island’s Legal Specifics and Compliance Standards
The regulatory body has managed to adapt its rules to the needs of the global iGaming segment as much as possible. At the same time, the government guarantees the fairness, transparency and security of all industry activities.
A list of basic compliance elements for entertainment platform owners:
- AML program. Licence applicants must implement the recommended policies and measures for preventing money laundering, as well as report any suspicious behaviour to the relevant authorities.
- KYC obligations. Operators are required to verify each client’s identity and block fraudulent money transfers. The RMG platform administrator must ensure that their internal services are not used for illegal activities.
- Game transparency and fairness control. Niche enterprises systematically conduct independent audits and software tests. The appropriate security certificates and RNG compliance are obligatory for receiving the permit.
- Responsible gambling initiatives. The platform manager should provide a list of services and tools to control user activity, including self-exclusion programs and wager limits. These elements aim to protect vulnerable customer categories.
Application Procedure: Main Stages
The state boasts lenient gaming legislation with a simplified method of reaching out to the regulatory body.
The operator should adhere to the established plan:
Preparatory and Document Collection Stages
Besides the application, the potential licensee must submit the following data for consideration:
- AML and KYC strategies relevant to the niche;
- IDs from the company’s board of directors and stakeholders;
- a business plan detailing the enterprise’s structure and range of services;
- a complete list and description of gambling products presented on the website.
Request Submission and Compliance Check
Once the necessary papers have been collected, the entire package and the application are directed to Anjouan’s Gaming Authority.
At this stage, the regulatory body assesses the manager’s financial solvency, commercial strategy, and compliance with the established norms.
The examination includes checking:
- results of testing amusement products;
- biographical data of the company’s key representatives;
- bank statements and other testimonials to the legal origin of investment capital.
Approval and Issuance of Documents
If the application meets all the listed rules and standards, the Anjouan casino licence will be granted within a couple of weeks. Portal owners can start working in the iGaming sphere immediately after receiving a confirmation notification.
The high speed of all the procedures attracts business people who have established launch dates for their projects or just do not want to wait long.
Prospects for the Ascending Jurisdiction
The island’s image as a significant and safe online RMG licensing centre is steadily growing. The legal framework constantly evolves and quickly adapts to the amusement industry’s changing needs.
The local government’s flexibility and business-friendly attitude provide good chances for further sustainable development of the region and attracting new foreign investment.
The Main Things About Anjouan’s Gaming Licence
The state offers a unique combination of accessibility, efficiency and regulatory balance, which makes it increasingly appealing for entrepreneurs.
Central notions from the article:
- The country has optimised the application review task to the maximum extent possible. Platform owners can get a permit in a matter of days. This option is an ideal choice for those who want to start working in a short time.
- The authorities require a standard package of documents. This pool includes proof of financial solvency, reports on the company’s board of directors and stakeholders, and a list of security measures and policies.
- The jurisdiction has a low tax rate and no corporate fees. Such a favourable approach makes the island an optimal choice for digital startups with limited initial capital.
At the Casino Market studio, you can learn more about the nuances of iGaming regulation in different regions and order the development of a profitable online gambling business with a licence.
Feel free to contact our managers for an extensive consultation and to place an order for the best technologies in the industry.
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