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Anjouan Gaming License

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Benefits of Anjouan Gaming License

The Anjouan gaming licence, issued by the Autonomous Island of Anjouan, part of the Union of Comoros, offers several benefits for online gaming businesses. Here are some key advantages:

Low Cost

The cost of obtaining and maintaining an Anjouan gaming license is generally lower compared to many other jurisdictions. This makes it an attractive option for startups and smaller enterprises.

Tax Benefits

Anjouan offers favorable tax conditions for licensed gaming companies. The zero tax rates can significantly reduce the operational costs for these businesses.

Simplified Legal Requirements

The process of obtaining a gaming license in Anjouan is relatively straightforward and less cumbersome. The regulatory requirements are simpler, making it easier for businesses to comply.

Privacy Protection

Anjouan has strong privacy laws, which can be beneficial for businesses and their clients, offering a degree of confidentiality that might not be available in other jurisdictions.

Global Operation

A license from Anjouan allows companies to operate globally, with some exceptions. This international scope can be a significant advantage for businesses looking to reach a wide audience.

No Gaming Tax

Unlike some jurisdictions, Anjouan does not impose a gaming tax on its licensees, which can lead to substantial savings.

Supportive Regulatory Environment

The Anjouan government is known to be supportive of the online gaming industry, providing a stable and supportive environment for businesses.

Universal license

An Anjouan gaming licence provides comprehensive coverage for various online gambling activities. This includes the operation of online casinos, sports betting platforms, lottery games, and popular table games such as poker, blackjack, and baccarat. The license broadly covers most games of chance with few exceptions. Additionally, this license caters to both business-to-consumer (B2C) and business-to-business (B2B) models. It's versatile enough for operators running online casinos directly for players, as well as those looking to license a casino platform for other businesses.

It's important to note that while there are benefits, companies should also be aware of the legal and regulatory implications of operating under an Anjouan gaming licence, especially considering the varied and sometimes strict gaming regulations in different countries. Compliance with international gaming laws and maintaining a good reputation should be a priority for any gaming business.

Comparison of the Anjouana Gambling License with other jurisdictions

Comparing the gambling license in Anjouan with those from other jurisdictions like Curacao and Malta can provide a clearer understanding of their differences, particularly in terms of reputation, cost, and regulatory requirements:

1. Reputation and Credibility:

  • Anjouan: Generally considered less prestigious than Malta, Anjouan's gaming license is still establishing its reputation in the global market.
  • Curacao: Holds a moderate reputation; known for being a popular and accessible licensing jurisdiction for many online gaming businesses.
  • Malta: Highly reputable and one of the most recognized and respected licensing jurisdictions in the world, particularly within the European Union.

2. Cost and Taxation:

  • Anjouan: Offers low-cost licensing and maintenance fees, making it attractive for startups and smaller operations. Tax rates are also favorable. Cheaper than Curacao.
  • Curacao: Known for its affordable licensing fees and low taxation, appealing to many online gaming startups.
  • Malta: Typically involves higher costs for licensing and operation. However, its strong reputation can justify these expenses for larger or more established companies.

3. Regulatory Requirements and Compliance:

  • Anjouan: Has simpler, less stringent regulatory requirements, making it easier for businesses to obtain and maintain their licenses.
  • Curacao: Offers a relatively straightforward licensing process with low-to-moderate regulatory demands.
  • Malta: Known for its rigorous regulatory framework, demanding high standards of compliance, transparency, and player protection. This can mean more complex and costly compliance procedures.

4. Scope of Activities and Global Reach:

  • Anjouan: Allows for a wide range of online gaming activities under one license, with global operation potential.
  • Curacao: Also permits a broad spectrum of gaming activities and has a good global reach.
  • Malta: Provides a highly respected license that is recognized worldwide, particularly advantageous for companies targeting European markets. A license for each type of activity is needed.

5. Target Markets:

  • Anjouan: Suitable for businesses targeting international markets, especially where cost-effectiveness is key.
  • Curacao: Often chosen by startups and companies targeting diverse international markets.
  • Malta: Ideal for businesses targeting European customers and those seeking a prestigious licensing jurisdiction.

InteliumLaw Services for Anjouan Gaming License

1. Initial Preliminary Advice: Via this advice, we will help you understand whether gambling license in Anjouan will suit your business needs

2. Turnkey License Obtaining: We provide guidance through the entire process of applying for the Anjouan gaming license, including incorporation of a company, and preparation and submission of necessary documents.

3. Regulatory Compliance Advice: We can provide expert advice on meeting the regulatory requirements of the Anjouan gaming authority, ensuring the business remains compliant with local laws and international standards.

4. Corporate Structuring and Incorporation: We provide assistance with setting up the appropriate corporate structure covering Anjouan licensed company and other companies if needed.

5. Banking and Payment Solutions: We are able to advise you on banking and payment processing options in Anjouan, including setting up merchant accounts and ensuring compliance with financial regulations.

6. Ongoing Legal Support: InteliumLaw can provide ongoing legal support to address any issues related to the gaming license, including renewals, compliance updates, and changes in legislation.

7. Tax Planning and Advice: Our services include guidance on tax planning strategies to optimize the financial benefits of operating under an Anjouan gaming license.

Requirements for the Anjouan Gaming License

Before being granted an Anjouan gaming licence, authorities require detailed personal and financial information. This includes your identity, business intentions, residence, financial status, and more. A comprehensive background check is also necessary to verify your good moral standing.

Among other, the following documents are required (the list below covers shareholders, directors and the new company itself):

  • Notarized copy of the photo and signature pages from a valid passport.
  • Recent utility bill for address verification.
  • CV.
  • An original bank reference letter, demonstrating a banking relationship of at least 2 years. A bank statement is also acceptable.
  • Original letter of recommendation (reference letter) from a certified public accountant or attorney, with a relationship older than 2 years.
  • Full contact details.
  • Copies of contracts and/or third-party RNG testing certificates and RTP information, if applicable.
  • Proof of domain ownership.
  • Copies of terms and conditions, outlining player KYC, and responsible gaming practices.
  • Organizational chart.

You will also have to sign certain application forms which we will prepare based on the provided documents.

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Process of obtaining the Anjouan Gambling License

The process of obtaining an Anjouan gambling license involves several steps, designed to ensure compliance with regulatory standards and the suitability of the applicant to operate a gambling business. Here's a general outline of the process:

1. Eligibility Assessment and Initial Advice

The first step involves assessing whether your business meets the basic eligibility criteria for obtaining a gambling license in Anjouan.

2. Gathering Necessary Documentation

Applicants need to prepare and gather various documents, including personal identification, proof of funds, business plans, and details of the gambling operations. This documentation will be used to assess the applicant's suitability and preparedness for running a gambling operation.

3. Company creation

If you don’t have a company, you will need to incorporate one in Anjouan or in other country.

4. Application Submission

The next step is to formally submit the application along with all the required documentation to the Anjouan gambling license authority. This submission includes details about the company, its owners, and its operational plans.

5. Background Checks and Due Diligence

After submitting the application, the Anjouan authorities conduct background checks. This includes verifying the applicant's identity, financial background, and criminal record. They also assess the applicant's capability to run a gambling operation responsibly.

6. License Approval and Issuance

Once the authorities are satisfied with the due diligence, compliance checks, and the application in general, they approve the license. The applicant then receives the license, allowing them to legally operate an online gambling business under Anjouan's jurisdiction.

Anjouan Gaming License Cost and Fees

The expense of acquiring an Anjouan gambling license is influenced by various factors such availability of a suitable company (or the necessity to incorporate a new one in Anjouan), quantity of shareholders and directors, etc.

The cost of obtaining an Anjouan gambling license and setting up the appropriate business structure can range from 17,000 to ca. 30,000 EUR, depending on your specific needs and circumstances.

Overview of Anjouan's legal framework for online gaming

Gambling businesses in Anjouan are governed by several key pieces of legislation, including:

  • The Computer Gambling Licensing Act of 1999
  • The Betting and Gaming Act of 2005
  • International Business Companies Act 004 of 2005
  • Anjouan Money Laundering Prevention Act 008 of 2005
  • The Offshore Finance Authority Act of 2005

Of these, The Betting and Gaming Act of 2005 plays a crucial role in regulating online gambling activities like casinos, sports betting, video gaming, lotteries, and bingo. This act outlines the requirements for obtaining and maintaining a gambling license, including adherence to anti-money laundering protocols, responsible gambling practices, and ensuring fair play.

The regulatory framework in Anjouan is stringent, focusing on comprehensive licensing and compliance standards. This ensures that operators not only adhere to principles of integrity, competence, and security, but also uphold fairness and protect players. Key measures like Know-Your-Customer (KYC) policies, responsible gaming practices, and fair play procedures are rigorously enforced.

This regulatory environment is designed to both attract international gambling businesses and foster their growth, while simultaneously safeguarding players and vulnerable individuals. It is characterized by transparency, responsiveness, dynamism, efficiency, and compliance with international regulatory norms.

Why Choose InteliumLaw

Expertise in Anjouan Gambling Laws

We have specialized knowledge of Anjouan's specific legal landscape regarding online gambling. This expertise ensures accurate guidance through the complex legal and regulatory requirements.

Experience with the Licensing Process

We have a history of successfully guiding clients through the licensing process in Anjouan.

Comprehensive Services

We offer a full suite of services, including application assistance, legal and regulatory compliance advice, corporate structuring, and ongoing support post-licensing.

Global Compliance Knowledge

Beyond local laws, we understand international gaming regulations and compliance, ensuring that the client’s business model is sustainable and compliant on a global scale.

Client-Centric Approach

We offer tailored advice and solutions while being responsive and communicative,

No hidden cost

With Inteliumlaw, you will have a comprehensive understanding of when and how much you will have to pay to complete the licensing procedure in Anjouan.

Additional Services

Except for assistance with Anjouan gaming license, we could help you to obtain a license in other jurisdictions such as Curacao, Malta, and Isle of Man. In addition, we provide a broad range of other business legal services.

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FAQ

What is an Anjouan gaming license?

An Anjouan gaming license is an official permit issued by the Autonomous Island of Anjouan, part of the Union of Comoros, allowing companies to legally operate online gaming and gambling businesses

What is the duration of a gambling license?

An Anjouan gaming license is initially granted for one year and is subject to renewal annually.

How long does the process of obtaining an Anjouan gaming license take?

Depending on the circumstances, it could take from 4 to 8 weeks.

Do I need to have a physical office in Anjouan to get a license?

No, physical office is not needed.

Can a license be obtained without a bank account?

Yes, but you will have to open a bank account to operate an online gambling business (of course, if you plan to work with fiat currencies).

Can InteliumLaw assist with other aspects of starting a gaming business?

Yes, InteliumLaw can assist with other aspects such helo with opening merchant or bank accounts, compliance advice, drafting different policies and agreements etc.

Does InteliumLaw help with opening bank accounts and payment solutions?

Yes, InteliumLaw can help you with opening bank accounts and establishing payment solutions for your online gambling business.

Can the gaming license be renewed or extended through InteliumLaw?

Can the gaming license be renewed or extended through InteliumLaw?

Can InteliumLaw assist with licensing in other jurisdictions?

Yes, our firm can help with licensing in other jurisdictions such as Curacao, Isle of Man, Malta, Estonia, Kanhawake etc.

Is it necessary to open a company in Anjouan to obtain a gambling license in Anjouan?

In general - no, you do not need to open a company, particularly in Anjoaun. However, some company is needed. If you already have a company somewhere, please let us know and we will advise you if that company will fit for a license in Anjouan. If you do not have a company, we will give advice on possible jurisdictions for the company’s incorporation before starting licensing. 

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Gambling License in Romania

Gambling businesses are flocking to Romania due to the country’s highly favorable profit margins. its gambling operational costs are lower, and the growing market of enthusiastic gamblers further enhances this financial advantage. However, companies that want to work in this environment must obtain a gambling license. Continue reading to learn more about this license. Overview of Romania’s Legal Framework For Gambling The National Gambling Office (or ONJN) oversees the gambling activities in Romania. Businesses must meet strict rules to get a Romania gambling license. The laws ensure gambling is fair and customers are protected. Violations can lead to fines or the loss of the license. This includes сovering financial stability, handling player protection, adherence to responsible gambling measures and compliance with technical standards. Benefits of a Romania Gambling License The benefits of obtaining this permit include: Legality Gambling license in Romania lets businesses legally offer gambling services in the country. It ensures they follow local laws and avoid legal problems. Legality To run a business successfully, a company needs a market, flexible regulations, a low tax rate, and support from the respective authority. Gibraltar fulfills all of these, and that’s why gambling companies opt for this region. In addition, there are several advantages to obtaining a Gibraltar Gambling licence, which is provided below. Market Access With an online gambling license in Romania, businesses gain access to the vibrant Romanian gambling market. This market has a sizable consumer base and a growing demand for the services. EU Expansion Romania is a member of the EU. Holding this permit can serve as a gateway to other EU countries. Companies are guaranteed expansion into the broader European market, subject to compliance with gambling legislation in other EU countries. Credibility The license enhances business credibility and trustworthiness. It shows compliance with strict regulatory standards and a commitment to player protection and responsible gambling. Consumer Trust Players regard authorized companies as more trustworthy. These companies operate within legal regulations and offer a safe and fair gaming environment. Operational Integrity Obtaining this permit ensures working integrity and accountability by meeting strict criteria related to financial stability, technical standards and player protection measures. Types of Gambling Activities Regulated in Romania In Romania, both land-based and online gambling activities are regulated. In this article, we will focus only on the online gambling activities. 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B2B online gambling activities This type involves activities related to the supply of services to the licensed B2C operators in Romania. The following types of companies are regulated as B2B providers in Romania manufacturers, distributors and other entities performing activities with gaming qualities or gaming components, software providers, providers of platform management and hosting services, providers of live casino streaming services, certification laboratories, auditors and conformity assessment bodies, payment processors and marketing affiliates. To be able to offer the above services in Romania, a company shall apply for the Class II gambling license. Licensing Authorities and Their Roles Romania’s main gambling and betting authority is the National Gambling Office. It plays a central role in ensuring businesses follow the laws and maintain integrity in the market. 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Tobique Gaming License

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Isle of Man Gaming License

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Straightforward Application Process The process of obtaining gaming license in the Isle of Man is renowned for its efficiency and transparency. The GSC is dedicated to maintaining a fair, unbiased, and streamlined licensing procedure, providing clear guidelines and requirements. Licensees in the Isle of Man can commence their operations promptly and with confidence 5. Diverse array of license types The Isle of Man provides a diverse array of license types tailored to cater to the requirements of various gambling operators, including online gambling licenses for casino, sports betting, and poker operators, online gambling software supplier licenses, and hosting service provider licenses. 6. Outstanding Infrastructure and Availability of Highly Skilled Workforce The Isle of Man stands out for its outstanding infrastructure, encompassing everything from telecommunications and IT to hosting and internet speed. Diverse payment and banking options are available here. The Isle of Man also offers comprehensive company administration services, marketing support, and various other professional services. The workforce in the Isle of Man is highly skilled, fluent in English, and specialized in industry practices. Types of Isle of Man Gaming Licenses Getting a gaming license in the Isle of Man is straightforward. Each license covers all kinds of gambling activities. Businesses choose an Isle of Man gambling license based on how they do business – whether it’s dealing directly with consumers (B2C) or with other businesses (B2B). The Isle of Man gaming license is flexible, suitable for companies with their own gaming content or those focused on managing player databases. 1. Full Isle of Man Gambling License The full Isle of Man gambling license cost – £36,750 annually. The license is valid for a five-year period. Beyond network services and token-based supply, the full Isle of Man gambling license allows engagement in a wide range of gambling activities, encompassing software supply. It is accompanied by a set of conditions and other requisites, the majority of which are standard, while some may be tailored to your specific operational structure. Companies holding a full Isle of Man gambling license have the opportunity to extend their technology offerings (such as games, software, and network access) to sub-licensees through the cost-effective sub-licence scheme. The full license encompasses all aspects of a business at the license-holder level and below. 2. Sub-License A sub-license is available for those wanting to exclusively operate with a technology provider holding a full license. To obtain this sub-license, applicants need to submit an application to the GSC and incur an annual cost of £5,250. The sub-license can be beneficial for smaller operators aiming to establish and expand their presence, as well as for companies with assets to monetize (such as a player database) but without an established gaming infrastructure. 3. Networking Services License To facilitate the inclusion of one or more foreign registered players on its Isle of Man server without requiring re-registration of player details, operators must secure a network services license. Holders of a network services license enjoy all the benefits associated with a full license. For instance, they can directly offer games to the global market, provide sub-licensing opportunities for business partners, and extend their networks to foreign operators. Acquiring a network services license costs £52,500 annually. 4. B2B Software Supplier License B2B Software supplier license is not mandatory for offering software to Isle of Man licensees. 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The accumulated experience and tracking of future changes in this area allow us to be proactive
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By submitting this form, you hereby authorize Inteliumlaw to process your information for the purpose of addressing your inquiry. You retain the right to revoke this consent at any point. For further details, please review our Privacy Policy.