Anjouan Offshore Gaming License: A Complete Guide for Online Gaming Operators 

• The Anjouan offshore gaming license has come up as one of the most cost-effective and demanded offshore gaming licenses for online gaming operators. The jurisdiction Anjouan is the part of the Union of Comoros and provides a streamlined licensing procedure with lower regulatory challenges when compared to the other offshore locations. The following blog acts as a guide to the Anjouan gaming license, and what are the main requirements of getting an Anjouan offshore gaming license.  

What is Anjouan Offshore Gaming License? 

• The Anjouan gaming license stands for an official permit provided by the Anjouan betting and gaming commission, enabling businesses to legally conduct multiple types of online gambling. This license was established as an alternative to the traditional gaming jurisdictions. The Anjouan offshore gaming license is affordable and has a simple and straightforward application procedure when compared to the other traditional gaming jurisdictions like Malta and Gibraltar.  

Main Features of Anjouan Offshore Gaming License 

Single license model 

• Unlike several other jurisdictions, Anjouan provides a single license that covers multiple types of online gambling, which simplifies compliance for all the operators.  

No gaming tax 

• In the Anjouan offshore gaming license, there is no gross gaming revenue (GGR) tax that is imposed on the owners. This helps businesses to invest more in their growth and expansion.  

Effective coverage  

• This license covers a broad range of online gambling activities, consisting of online casinos, poker, lotteries, fantasy sports, sports betting, and blockchain-based games.  

Worldwide reach  

• The license enables business operators to provide their services almost worldwide, except for in a few countries such as Australia, the European Union, and the USA.  

Why Select Anjouan for an Offshore Gaming License? 

• Selecting Anjouan for an offshore gaming license provides multiple compelling benefits for both startups as well as established operators in the iGaming industry. Here are some of the reasons why Anjouan is a preferred destination: 

Fast processing time 

• The licensing process of Anjouan offshore gaming license is streamlined and effective and usually takes between 2 to 8 weeks based on document preparation and KYC checks.  

Crypto friendliness 

• Anjouan allows license crypto operators to expand their market reach and also offer innovation opportunities.  

Low licensing fees 

• When compared to the other gaming jurisdictions, the cost of getting an Anjouan offshore gaming license is lower, which makes it a cost-effective option for startups and similar businesses.  

Main Requirements for Getting an Anjouan Offshore Gaming License 

• To get an Anjouan offshore gaming license, applicants should meet multiple key requirements. These are: 

Documents for verification 

• The business operator would have to provide a passport, police clearance certificate, bank references, utility bill, and professional reference.  

Compliance and regulatory requirements 

• The business operator will have to fulfill AML/CFT regulations, financial reporting, and player protection. 

Due diligence 

• All the people associated with the business will have to go through rigorous know your customer (KYC) and due diligence checks.  

Business requirements 

• The business owner will have to provide a business plan, domain ownership, copies of terms and conditions, and company incorporation. 

Technical requirements 

• The business will also have to provide server location, and RNG testing.  

Procedure for Getting an Anjouan Offshore Gaming License  

Step 1- Evaluate business requirements  

• Ensure that the Anjouan offshore gaming license is a perfect fit for your business objectives. Study about the regulatory framework of Anjouan, and what are the other key requirements.   

Step 2- Prepare documents  

• As mentioned above, you need to prepare the necessary documents for your verification.  

Step 3- Make sure the business is ready  

• While it is not always compulsory, establishing a company in Anjouan or having a registered agent is usually recommended. Business owners will also need to develop AML and KYC policies customized to your gaming operations.  

Step 4- Submit the application 

• Complete the application form providing all the relevant business information such as shareholders, directors, and gaming operations. Send the application, as well as the required documents, through Anjouan Licensing Services Inc (ALSi) and a similar service provider and then pay the application fees.  

Step 5- Due diligence  

• The business owners will have to go through a tough KYC and due diligence checks in order to verify the integrity as well as the compliance history. Make sure that all the main people of the business are of good conduct and do not have any criminal records.  

Step 6- Review approval process 

• The authority will check if all the documents are in order and will conduct a detailed review of your business as well as the background of the main individuals, which possibly includes interviews. Address any questions and requests for verification. Submission and review time usually takes 3-4 weeks.  

Step 7- License issuance  

• If the verification process is successful, the license is issued, enabling the business to start operations. Make sure compliance with the Anjouan’s regulatory requirements, which include AML/KYC regulations and responsible gaming practices.  

Regulatory Compliance and Obligations for License Holders  

• Regulatory compliance and obligations for Anjouan offshore gaming license holders are created to ensure fair practices, protection of the players, and compliance to the international gaming standards.  

Regulatory compliance requirements: 

• Compliance to the Online Gaming act, 2005– Licenses should adhere to all the regulations provided in the act, mainly focusing on player protection as well as anti-money laundering measures.  

• Anti-money laundering (AML) and Combating the Financing of Terrorism (CFT) regulations- The business should include effective AML/CFT protocols, consisting of player identification, record-keeping, controlling, and reporting any suspicious transactions. Appoint any qualified AML/CFT officer to oversee the compliance.  

• Technical infrastructure– Make sure that the business is using secure servers along with encryption technology to protect the data of the players. Incorporate fair play policies, consisting of RNG testing for sustaining gaming integrity.  

• Player protection– Recognize and monitor players who are at risk, like compulsive gamblers, and offer support along with resources for counselling services. Make sure that the gaming services are not being promoted or are accessible in any way to the minors.  

• Financial planning– Adhere to any financial ratios as set up by the Gaming board. Submit any regulatory financial reports to the Anjouan banking and the Gaming Supervision authority (ABGB). Prohibit any cash transactions related to the player accounts.  

• Responsible gaming practices– Incorporate any measures for responsible gaming like deposit limits and any self-exclusion options.  

Conclusion  

• The Anjouan offshore gaming license is a significant choice for any online gaming operators searching for an affordable and effective licensing option. With lower fees, simplified processes, and favorable tax policies, it provides a competitive advantage in the gaming industry. However, operators should also ensure compliance with the regulatory requirements to sustain their gaming license. By getting an Anjouan offshore gaming license, businesses can easily operate legally and enhance their market presence globally. To obtain an Anjouan offshore gaming license, contact Tetra consultants and our team will assist you in getting a license and completing all the steps of the licensing process.  

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