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An Extensive Overview of the Anjouan Gaming Licence: Features and Benefits

An Extensive Overview of the Anjouan Gaming Licence: Features and Benefits

Updated 21/10/2024
This detailed guide, prepared by Gaminator's experts, sheds light on the essentials of acquiring the Anjouan gambling licence. From its numerous benefits and straightforward legal framework to a step-by-step application process, this jurisdiction is gaining traction among entrepreneurs.

Explore all features and advantages of local certification and order a permit at the Gaminator studio.

The Anjouan gaming licence: features and benefits

The Background of the Jurisdiction

Anjouan, part of the Union of Comoros, is situated on the ruins of a giant volcano between the Mozambique and Madagascar coasts. Until relatively recently, the island had one of the weakest economies on the globe.

However, in the 1990s, the local authorities began issuing iGaming permits as part of a reasonably clever strategy to attract foreign investment and strengthen the economy. A competitive pricing policy and a streamlined application procedure instantly facilitated the initiative's popularity.

The jurisdiction opened its doors to online gambling operators and became one of the first African nations to offer a comprehensive licensing framework for the iGaming industry.

The state positions itself as a competitive and accessible alternative to more traditional options, such as Malta, Curacao, or Gibraltar. And even now, despite high demand and stable resource growth in the region, the government still offers fairly favourable financial conditions.

Why Opt for the Comoros Permit

The state, known for its efficiency and flexibility, offers an appealing option for businesses seeking a reliable and cost-effective licensing solution in the competitive world of online gambling.

The isle offers strong support for both novice entrepreneurs and established operators who already have a document to work in other countries.

Reasons to choose the Comoros gambling licence

Key advantages of the permit:

Financial Accessibility

One of the primary benefits of local certification is its cost-effectiveness. Fees, operational expenses, and ongoing maintenance spending are significantly lower than in larger offshore jurisdictions. This financial accessibility makes the island an attractive choice for startups and businesses with constrained budgets.

The region’s low tax rates further enhance its appeal, particularly for smaller operators seeking to maximise profits while maintaining compliance with international standards.

A Client-Friendly Certification Process

Anjouan's straightforward application procedure is another critical advantage. The region offers a streamlined regulatory framework with fewer bureaucratic hurdles compared to other markets. This enables faster turnaround times for obtaining a permit, making it ideal for entrepreneurs who want to launch their businesses quickly.

The process generally involves:

  • verification of a company’s legal status and structure;
  • submission of key executives’ biographical data and financial records;
  • proof of sufficient capital and funding sources;
  • testing and certification of gaming software for fairness and security.

Global Recognition and Legitimacy

Anjouan's gambling licence is acknowledged worldwide, allowing business owners to access global markets with confidence. Although it is a small jurisdiction, its regulatory standards meet international expectations, granting legitimacy to approved operators. The permit is recognised by payment processors and business partners, making it easier to establish and maintain trust within the industry.

Focus on Security and Data Confidentiality

The country offers strong privacy protection for platform owners and their clients. The state enforces strict data confidentiality regulations, safeguarding sensitive business information and player data. This focus on privacy is particularly beneficial for operators concerned with protecting customer identities and financial transactions, fostering trust and security in the entertainment niche.

Business-Friendly Legal Framework

The state provides a supportive and favourable regulatory environment, which allows operators to run their businesses with fewer restrictions while maintaining necessary compliance with essential standards. This flexibility does not compromise crucial consumer protection measures, offering a balance between operational freedom and regulatory control.

Key compliance elements include:

  1. Anti-money laundering (AML) policies. Entrepreneurs must implement robust procedures to detect and prevent illicit activities.
  2. Know Your Customer (KYC) obligations. Companies are required to verify the identities of their players, ensuring legal and secure transactions.
  3. Content fairness and integrity. Regular audits and independent testing are mandatory to ensure the transparency of game outcomes.
  4. Responsible gambling. Operators must offer tools such as self-exclusion options and betting limits to protect vulnerable players.

A Streamlined Application Process: Main Steps

The state boasts lenient gaming legislation with a simplified method of reaching out to the regulatory body.

A streamlined application process: main steps

To get a permit, an entrepreneur should adhere to the established plan:

Initial Preparation and Document Gathering

The first step involves collecting all necessary papers, including:

  • corporate details;
  • identification of key executives;
  • business model, strategies and operational plans;
  • a full list of gambling products presented on a platform;
  • financial records that demonstrate the legal origin of funds.

Entrepreneurs must provide all these documents to ensure alignment with established standards.

Request Submission and Regulatory Review

Once all papers are ready, an operator applies to the authority. During this stage, a company is evaluated for compliance with Anjouan's standards, including adherence to anti-money laundering (AML) policies and Know Your Customer (KYC) protocols. Additionally, gaming platforms undergo testing to verify fairness and security.

Culminating Approval and Permit Issuance

After successful completion of the compliance check, the application is reviewed for final approval. Once granted, an entrepreneur receives the necessary certification, officially authorising them to conduct gambling activities under Anjouan's jurisdiction. This last stage confirms a business' legal standing and operational readiness.

The Main Things About Anjouan’s Gaming Certificate

The state proposes a distinctive blend of affordability, efficiency, and regulatory balance, which is increasingly appealing to entrepreneurs.

The island’s image as a noteworthy and secure certification centre is steadily strengthening. The legal framework constantly evolves and rapidly acclimates to the entertainment sector’s transforming demands.

The local government’s flexibility and business-friendly approach deliver great opportunities for further sustainable development of the region and drawing new foreign investment.

Highlights of the permit's benefits:

  • Cost efficiency. The state offers minimal taxes and lower certification and maintenance expenditures, making it an affordable option for startups and small operators.
  • International recognition. The permit is globally acknowledged, granting entrepreneurs credibility, access to worldwide markets and trusted business partnerships.
  • A simplified application process. A streamlined certification procedure reduces bureaucratic hurdles, ensuring faster approval and quicker market entry compared to other options.
  • Flexible laws. The isle provides a business-friendly regulatory environment, allowing entrepreneurs to operate with fewer restrictions while maintaining necessary compliance standards.
  • Strong privacy protection. The state enforces stringent confidentiality laws, safeguarding casino managers' business information and players' personal data.
Learn more about the nuances of regulation in various regions and order the development of a lucrative licenced gambling project at the Gaminator studio.

Contact our experts to get a comprehensive consultation.

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Artur Zimnij
Author
Artur Zimnij
Gambling business specialist
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