Anjouan gaming license

With the ripe opportunity for entrepreneurs and startups venturing into the profitable realm of gambling enterprises amid the online boom, a little-known — yet impressive — contender is The Anjouan Gaming License, which has been newly overhauled to rise as the premier option to license after 2023 in this world of online gaming ventures, as current until circa 2023.
But aside from being a legally operated business, the Anjouan license covers all types of gambling. The operators would need only to get one to be able to offer any number of gambling products. The Anjouan gambling license is quite universal in the sense that it covers the world. Licensees are generally allowed to operate just about everywhere, instead of the following countries: USA, Australia, Austria, Comoros, France, Germany, Netherlands, Spain and the UK.
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Perks of Acquiring an Anjouan Gaming License

If you’re a startup or entrepreneur in the expanding world of online gambling, going with the Anjouan jurisdiction for your gaming license is a great move. When you’re testing a concept or getting your new platform off the ground, there’s inherent risk involved. For this reason, many opt for the lower-cost licensing jurisdiction to get started. Down the road, once you know how your product is received by the market, you may want to decide whether to move your platform’s licenses to different places, gather new licenses or stay right where you are for a while.

Expenses and Charges Associated with Anjouan Gaming License

Setting up an Anjouan company only takes a few days to complete. However, getting the Anjouan gaming license takes a few weeks. The gambling license cost of an Anjouan gaming license is relatively cheap, but entrepreneurs must consider other expenses and charges such as legal consultation fees, administrative costs and compliance expenses to meet regulatory standards. Yet, considering the advantages of penetrating the Anjouan gambling market, these funds are hardly a loss but a necessary expense for businesses to secure a position in the online gaming industry.
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Prerequisites for Securing an Anjouan Gaming License

Every company owner and entrepreneur must balance the advantages and disadvantages of expanding their business in a certain jurisdiction. The good news is that starting a company in Portugal has far more advantages than disadvantages.

Process of Obtaining an Anjouan Gaming License on the Anjouan Island

Anjouan’s licensing process stands out for its speed and efficiency. With all documentation prepared and the application form accurately completed, the entire process can be completed within three weeks, significantly faster than in many other countries. This expedited timeline is made possible through minimized bureaucracy and optimized regulatory procedures. Such a streamlined system enables swift launches of new gaming ventures or smooth relocations of existing ones with minimal hassle. The main key steps for obtaining a license:
  • checking owners, investors and ultimate beneficiary for suitability;
  • complying with regulations and policies;
  • fees payment;
  • submission of the application form;
  • license issuance;
  • payment of the annual registration fee.
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FAQ

So you`ve chosen Anjouan as the jurisdiction for your new Gaming company, the next step is to consider applicable licensing requirements. There is a standard onboarding procedure during which individuals are required to ascertain who they are, what they intend to do, where they live, where their funds are coming from etc. The Anjouan authorities will also need to carry out such due diligence on you and your organization before they are in a position to issue your online gambling license. In addition to the aforesaid, they will also require a fit and proper test and need to be satisfied that you are a person of good conduct – that means they will need a police conduct report from your country of origin that confirms that you’ve no criminal record.
The Anjouan gaming license application process generally consists of a number of stages, which may vary in duration depending on the completeness of the application dossier and the efficiency of regulatory processing. Nonetheless, with thorough preparation and observance of regulatory guidelines, it is possible to expedite the process and obtain an Anjouan gambling license within a reasonable timeframe. In general, the process may take up to 3 weeks.
In Anjouan, companies holding a gambling license are not subject to mandatory audits, although they must agree to third-party audits of their gaming systems, so it is clear that companies are not able to operate without meeting strict local regulatory requirements including stringent anti-money laundering (AML) protocols and player protection controls that ensure that these companies can be trusted as they participate in the gambling industry.
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