Anjouan has overtaken Curacao as the most convenient online gambling license for startups in 2023.
Due to regulatory changes and bureaucratic hurdles that created uncertainty in the industry, Curacao’s gambling license barely survived the year. Under these circumstances, entrepreneurs were forced to look for alternatives. Anjouan, with its attractive compliance process, quick application and global coverage, became the preferred license for many gambling businesses, including online casinos and sports betting websites.
1. Regulatory Flexibility: Anjouan offers a flexible regulatory framework that adapts to the evolving world of online gambling. This flexibility allows you to explore innovative gaming concepts and quickly adapt your offering. This is a license for start-ups and fast-emerging companies that want to expand their business worldwide.
2. International Recognition: Anjouan’s gaming license allows you to target a global audience without the obstacles that some other jurisdictions may impose. The list of restricted countries mirrors the list of countries that Curacao also restricts.
This is a list of countries that you must geo-block for your online gambling business: Australia, Austria, Comoros, France, Germany, Netherlands, Spain, United Kingdom, USA, all countries on the FATF blacklist.
If you give any of these countries access to your online casino, your license will be revoked.
3. Cost-effective: The Anjouan gaming license is known for its cost-efficiency. The fees for initial licensing and annual renewal are significantly lower compared to many other countries. For example, even the new license for Curacao after the new law is passed (which will not happen until the mid-end of 2024 or later), including the additional cost of the license, can be as low as EUR 100,000 per year.
The Anjouan license is affordable for any startup serious about opening an international online casino.
The price of the Anjouan gambling license depends on several factors:
- Your business model and the countries you want to focus on when marketing your business.
- The size of your business and the number of shareholders.
- Payment solutions and software providers you want to connect to your website.
We carefully evaluate all important aspects of your business to speed up the licensing process and reduce the cost of your corporate structure and license.
4. Streamlined application process: Anjouan has a straightforward and efficient application process that allows you to enter the online gambling industry with minimal delays.
The licensing process currently takes between two and four weeks (not including setting up the business structure), and it doesn’t get any faster than that. It takes about two months to prepare your business for launch.
5. Privacy and Confidentiality: Entrepreneurs who are concerned about the confidentiality of their business information can contact us to find out how to reduce the risk of disclosing their personal information.
Advantages of Anjouan Gambling License
There are a number of advantages to choosing the Angevin gambling license:
1. Global reach: Anjouan’s international recognition means that your online casino or sports betting website can target a global audience and tap into different markets. Apart from a short list of countries that you should geo-block, you are not prevented from operating your business anywhere in the world.
2. Low operating costs: With affordable licensing fees and favorable tax structures, you can keep your operating costs under control and thus achieve a higher profit margin.
3. 0% Corporate Tax: You get to keep a larger portion of your profits, which you can reinvest in marketing and growing your business. You get an advantage over other companies that makes it easier for you to attract investors or hire new talent.
4. Access to software providers: The list of software vendors that support the Anjouan license is growing every day. Industry giants like Pragmatic, Tom Horn, and many others support the license. Your online casino will have access to the best games on the market that your customers will want to play. Contact us to get a list of software providers that have whitelisted the Anjouan license.
Types of Anjouan Gambling Licenses
One license currently supports all gambling games. Whether you run an online casino, a sports betting website, a lottery, or a virtual sports website. With an Anjouan license, you have access to all of these.
B2B license: If you are a software provider and you develop games for other industry players or if you want to start your own platform, you may also need a gambling license. Currently, Anjouan supports B2B and B2C businesses without differentiating between the two. You can run a platform and B2C businesses under one license.
Whitelabel business model: if you want to make your platform available to other industry members under the umbrella of your business, the Anjouan license is the perfect choice. This allows you to scale your business and offer the platform to those who don’t want to apply for their own license.
Requirements for Anjouan Gambling License Applicants
There are certain requirements you must meet to apply for the license:
1. Legal entity: you must establish a legal entity in Anjouan. You can also form a company in any other country to apply for a license. Compared to Curacao, Anjouan is much more flexible and also allows international companies to apply for a license.
At LicenseGentlemen, when choosing your jurisdiction, we take great care to consider your business model and future plans so that you can operate your business without cash flow problems.
2. Clean record: applicants must have a clean criminal record and not have a history of fraudulent activity in the gaming industry. This demonstrates your integrity and commitment to running a reputable and trustworthy gambling business.
3. Business Plan: A comprehensive business plan outlining your proposed gambling business is required. A well-structured business plan provides clarity on your goals, strategies, and operations and helps regulators understand your intentions.
4. Financial Stability: You should demonstrate that you are financially stable and able to support license fees and operating costs. This builds confidence with regulators that you have the resources to meet your financial obligations.
Anjouan Gambling License Application Process
Applying for an Anjouan Gambling License is a well-structured process:
1. Preliminary Consultation: start with a preliminary consultation. At LicenseGentlemen, we make every effort to find out if you are eligible for the license even before we start the application process. We share with you all the information you need to start your gambling business and learn about your vision and plan. Based on our years of experience, we then explain the structure and steps you need to take to get your business up and running in no time.
2. Submitting the application: with a deep understanding of your business goals, we help you create an application package. We make sure all required documents are in order to minimize the risk of delays or rejections.
3. Background Checks: Our team conducts extensive background checks to ensure your application meets strict regulatory requirements. We carefully review your financial, operational, and legal history to proactively address potential issues.
4. Timely review and approval: Our approach ensures that your application is reviewed expeditiously, significantly reducing the wait time for your Anjouan gambling license. You can expect a much faster approval process and receive your license within 2-4 weeks.
Anjouan License Renewal Requirements
The gaming tax is a percentage of gross gaming revenue levied by regulatory authorities. The gambling tax in Malta, for example, is a progressive tax system that ranges from 0% to 5%
There are no gambling tax fees for the Anjouan gambling license. You will, however, have to pay the annual renewal fee and fees associated with operating your business
Here are the renewal requirements:
Annual Renewal Fee: You must pay the annual renewal fee to keep your license current. This fee is due once a year and we notify our customers 45 days before the fee is due.
Compliance: Constantly adhere to Anjouan’s government regulations and industry standards. Certain documents supporting your financial situation must be submitted on a regular basis. This is an ongoing process for any gambling license.
Anjouan License Gambling Costs and Fees
Anjouan Internet Gaming License Setup includes fees for due diligence, KYC check, compliance and fees for a 12-month key person permit.
You’ll also have to pay annual fees for corporate services and taxes, which vary according to local laws.
Most fees include fees for company secretary, nominee directors, registered office, and others.
The fees payable depend on your corporate structure. We carefully plan the most effective structure for your business before we begin the licensing process.
Anjouan gambling license costs start at 17.000 EUR per year.
