17 questions · answered

Frequently
asked.

The questions founders actually ask when evaluating Anjouan. Short answers; link through to the detail on the guide pages.

Last updated · Reviewed by ICOS Compliance Team

Cost and timeline

How much does an Anjouan gaming licence cost?

The regulator fee is EUR 17,828 per year, all-inclusive (licence, setup, digital certificate, register listing, Key Person authorisation, DD on up to four UBOs, and platform access). Full year-one spend including ALSI-administered IBC formation, consultant fees, and technical certification is EUR 27,578 to EUR 47,578. See the full cost breakdown.

How long does it take to get an Anjouan gaming licence?

Two to four weeks from complete submission to licence issuance, assuming no due-diligence hold. The most common cause of delay is incomplete UBO Declaration Forms or pending Remote ID Verification, both of which restart the review clock when supplied late.

What are the ongoing compliance requirements?

Annual renewal at EUR 17,828 (same all-inclusive fee as year one), updated UBO declarations, annual compliance report, and material-change notifications within 30 days for ownership changes above 10%, director appointments, or new product verticals. Audited financial statements within six months of financial year-end.

What happens if my licence application is rejected?

Rejections usually result from incomplete UBO or source-of-funds disclosure, or a director failing fit-and-proper review. The application can typically be cured and resubmitted — the regulator fee is not refunded but most of the technical review work carries over.

Scope and regulatory entity

Is an Anjouan gaming licence legitimate?

Yes. AGA (Anjouan Gaming Authority) issues real gaming licences under a real regulatory framework, administered by ALSI. The complication is that a substantial inventory of forged or stale PDFs also circulates, some citing AOFA — which was flagged by FATF in 2024 and disavowed by the Comorian government. Verify any licence before relying on it. See our verification guide.

What is the difference between AOFA, AGA, and ALSI?

AGA (Anjouan Gaming Authority) is the current regulator of record — it issues licences. ALSI (Anjouan Licensing Services Inc.) is the designated administrator — it processes applications and maintains the register. AOFA (Anjouan Offshore Finance Authority) is the historical name, flagged by FATF in 2024 and no longer a legitimate basis for a current licence.

How do I verify an Anjouan gaming licence is real?

Confirm the licence is issued by AGA and administered by ALSI (not AOFA). Cross-reference the licence number against the ALSI public register. Match the licensed entity name to the register entry. Full protocol at /verify/.

What activities does an Anjouan gaming licence cover?

A single B2C licence covers casino, sportsbook, poker, esports betting, and prediction markets. Anjouan does not partition by product vertical, unlike Malta or the UK. The B2B licence separately covers platform providers, game aggregators, data-feed suppliers, and PSPs — and is now mandatory for any supplier serving Anjouan operators.

Operational

Do I need a local company to get an Anjouan licence?

Yes, in almost every case. An Anjouan-incorporated IBC is required to hold the licence. Foreign entities can occasionally qualify but typically require a local operational subsidiary alongside. Formation via ALSI direct is EUR 3,750 with EUR 3,195 annual maintenance; third-party providers start around EUR 2,500.

Do I need to visit Anjouan to get a licence?

No. The process is fully remote. All directors, UBOs, and the Key Person complete Remote ID Verification through ALSI's approved provider. You will not need to travel to Anjouan or the Comoros at any stage.

Can I operate a crypto casino with an Anjouan licence?

Yes. The Anjouan framework is crypto-permissive. There is no token whitelist, and stablecoin and native-asset denomination are both acceptable. Additional AML on-chain controls apply to crypto flows — see the crypto casino guide.

Which payment processors accept Anjouan-licensed operators?

The realistic PSP stack is specialist iGaming PSPs, high-risk card acquirers, EMIs (Paysera, Wise Business, specialist iGaming EMIs), and crypto on/off-ramps. Mainstream tier-1 card processors do not onboard Anjouan operators directly. Operators needing tier-1 card acquiring routinely set up a regulated EU payment agent (Cyprus or Malta entity) that holds the merchant relationships — this is standard industry practice and adds around EUR 25,000–EUR 50,000 year-one.

What AML/KYC policies do I need?

A risk-based FATF-aligned AML/KYC framework with a named Compliance Officer / Key Person (the ALSI terminology — not "MLRO", which is a Malta and Curaçao term). The Compliance Officer does not need to be Anjouan-resident but must be contactable. Crypto operators additionally need on-chain provenance screening using a blockchain analytics provider (Chainalysis, Elliptic, TRM Labs, etc.).

Specific scenarios

How does Anjouan compare to Curaçao for gaming licensing?

Anjouan is roughly one-third the cost (EUR 27,578–EUR 47,578 year-one vs ~EUR 123k for Curaçao) and several times faster (2–4 weeks vs 3–6 months). Curaçao has broader PSP network and longer track record. The post-LOK-reform Curaçao framework widened the cost gap materially. See the full comparison.

Can I get a B2B licence in Anjouan?

Yes. The B2B licence is EUR 17,828 per year, all-inclusive (same as the B2C licence). It is now mandatory — not optional — for all game, content, data-feed, and similar providers serving Anjouan operators (confirmed by ALSI, March 2026). Requirements are lighter than the B2C licence.

Does an Anjouan licence give EU market access?

No. Anjouan is an offshore licence without EU passporting. Operators targeting nationally-regulated EU markets need local licensing or a Malta (MGA) licence. Excluded markets under an Anjouan licence include Australia, Austria, France, Germany, Netherlands, Spain, UK, USA, plus FATF-blacklisted and sanctioned jurisdictions. See Anjouan vs Malta.

What is a realistic year-one budget for an Anjouan operator?

For a lean startup launching a single branded casino on a white-label platform with third-party games: EUR 27,578 at the low end (licence EUR 17,828 + ALSI IBC EUR 3,750 + consultant EUR 6,000). A more realistic all-in including legal review, banking setup, and PSP integration is around EUR 40,000 to EUR 50,000.

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