Anjouan iGaming Licence: Peculiarities of Business Registration in 2024

Obtaining an iGaming licence is one of the key steps when launching an entertainment project. The modern variety of offers can be confusing, especially for aspiring entrepreneurs who need to gain experience in navigating industry regulations and trends.

The optimal variant for legalising online casinos in 2024 is the Anjouan iGaming licence. The jurisdiction offers applicants a flexible, cost-effective and convenient solution for working in any gambling vertical.

The Main Benefits of the Jurisdiction

Recently, the island’s legal field has undergone significant changes. Anjouan has taken measures to make its gambling licence one of the most popular, sought-after, and safest in the world.

Benefits of legalising gaming projects in the jurisdiction:

Optimised Application Processing

The regulator guarantees record time for considering operator requests. If the package of documents is appropriate, the entire procedure — from filing to verification and final approval — takes no more than a couple of weeks.

This is an important advantage for entrepreneurs seeking to enter the market in record time. Gambling managers can start accepting players and their bets almost instantly after receiving the certification.

Competitive Prices

A favourable tax policy makes the Anjouan licence an optimal choice for startups and small platforms with limited financial resources.

The cost-effective framework created in the jurisdiction allows internet casino owners to distribute initial capital more rationally. As a result, they release additional funds for completing marketing tasks, purchasing high-quality software, and solving other operational issues.

Simple Application Procedure

Anjouan’s legal body has almost completely eliminated the bureaucratic factor. Potential licensees do not need to collect many certifications from various authorities and overcome complex regulatory barriers.

Entrepreneurs are generally required to provide a standard set of documents. Clear, step-by-step instructions are presented for each stage, eliminating unnecessary procedures. This approach benefits newcomers in the industry the most since it helps them cope with the absence or lack of relevant experience.

Comprehensive Niche Coverage

Some regulators offer specialised permits for each specific gambling segment. Conversely, an Anjouan iGaming licence covers many entertainment verticals.

The list of supported niches includes:

• lotteries;
• online slots;
• video poker;
• sports betting;
• provably fair titles.

The document also regulates games based on decentralised technologies (blockchain). Purchasing a single certification allows operators to provide the audience an almost unlimited range of services on one platform. In the future, the applicant can quickly diversify the product assortment without requesting additional permits.

Zero Gambling Tax Rate

The island offers a safe, transparent, and attractive fiscal environment for online amusement projects. Local licence holders are not required to pay any fees on GGR. This is a significant advantage for startups, allowing owners to reinvest most of their profits into strengthening and expanding businesses.

The expenses on maintaining the document is also low. Operators must contribute about €17,000 to get the certification, which can be renewed yearly for the same price.

Regulator’s Requirements for Applicants in 2024

To obtain an Anjouan iGaming licence, entrepreneurs must demonstrate compliance with established legal requirements to prove that they are law-abiding and reputable.

Readiness to a Comprehensive Verification

The island’s authorities check the reliability of all interested parties, as well as the transparency and sustainability of their intentions. The applicant must provide accurate information about the company’s structure, management, and source of funds.

After reviewing the requested documents, the regulatory body conducts an integrity test. As part of this procedure, the potential licensee must send the jurisdiction certificates proving the absence of criminal records from the company officials’ country of origin.

All the enterprise’s directors, shareholders, officers, and (ultimate) beneficial owners must submit a standard pool of documents.

This range comprises the following:

• utility bills;
• passport copies;
• proofs of owning domain;
• curriculum vitae or resumes;
• details of games and contracts;
• professional letters of reference;
• list of responsible gambling policies, etc.

All the documents must be relevant, translated into English and notarized in the corresponding institutions where necessary.

Compliance with Licence Maintenance Rules

Once the application is approved and Anjouan’s casino permit is issued, the operator must strictly adhere to all stated business norms and regulations.

Key responsibilities include:

1. Sending reports on activities annually.
2. Timely paying licence renewal and maintenance fees.
3. Providing updates on the corporate structure, expanded offers or new certifications.

The Main Things About Anjouan’s Strengths

The island’s regulatory body has taken all necessary steps to create a convenient, safe and cost-effective environment for any type of gambling activity. The local permit is an excellent springboard for operators seeking to enter the market and create a stable customer base as quickly as possible.

Fundamental notions from the article:

• The main advantage of Anjouan’s iGaming licence is the record application processing time. If all the company's documents meet the jurisdiction’s requirements, the manager can receive certification in just a few weeks.
• The regulator has abolished the tax on GGR. This decision allows for a quick business start with limited initial capital and an effective reinvestment of funds in more relevant commercial areas.
• The island’s authorities issue a single permit covering all types of gambling. Thanks to this, operators can offer the audience a wide variety of products and consistently expand their businesses without purchasing other documents.

Feel free to contact the Gaminator studio for detailed information on the nuances of launching casino startups in different countries.