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🇰🇲 Anjouan — Fast-track offshore

Anjouan — Gaming Licence licence.

Anjouan's Gaming Authority offers one of the fastest-track offshore licences with low capital requirements and broad market coverage.

Timeline
4—10 wk
Filing to grant
Min. Capital
USD 0
No share capital
Year-1 Cost
USD 25—50K
Fully loaded
Regulator
AGB
Anjouan Gaming Board
01 — Is this right for you?

A considered route,
not a shortcut.

This jurisdiction rewards operators who treat the application as the start of a supervisory relationship.

A strong fit

When this is the right choice

B2C casinos launching their first licensed brand
Operators who need a recognised licence to onboard aggregators, payment processors, and affiliates — without burning six months waiting for a tier-1 regulator.
B2B platforms and content suppliers
Game studios, RNG providers, and aggregators serving regulated operators benefit from Anjouan's broad permission scope and low ongoing overhead.
Crypto-native operators
Anjouan accepts crypto-funded structures and does not require fiat banking on day one — useful for stake-style brands settling in stablecoin.
A poor fit

When to consider an alternative

Operators needing tier-1 banking
Anjouan does not unlock major correspondent banking. Operators serving fiat-only markets should layer on Malta, Isle of Man, or PAGCOR.
EU-facing B2C without geofencing
Anjouan is not an EU-recognised licence. You can serve some EU markets, but most aggressively regulated states (DE, NL, IT, ES) must be geofenced out.
Sportsbook-heavy operators in restricted markets
Anjouan permission scope covers sportsbook, but enforcement risk in restricted markets sits with the operator. Local representation is still required for FR, IT, DE.
02 — Licence categories

Permissions under
one Act.

Choosing the right tier and scope is the most consequential decision in the application.

B2C Operator Licence

The standard Anjouan offshore licence — covers casino, slots, live-dealer, sportsbook, poker, and lottery products. Single permission, broad scope, fast review.

B2B Sub-licence

Issued under a master B2C licensee. Used by content suppliers, RNG providers, and platform vendors who serve other licensed operators rather than end players.

Special-purpose Permits

Targeted permissions for crypto casino models, jackpot pooling, and skill-based gaming categories that benefit from a discrete regulatory line.

03 — Path to grant

Phases to licence grant.

Corporate setup

Weeks 1—2

Entity structured for Anjouan licensing — corporate vehicle established, director and UBO documentation prepared, and AML policies drafted to regulator requirements.

Application & due diligence

Weeks 2—5

Application submitted with full dossier including compliance framework, business model description, and supporting corporate documentation.

Technical review

Weeks 5—8

Technical and compliance review conducted by the regulator. System and policy documentation verified against licence requirements.

Licence issuance

Weeks 8—10

Licence issued. Operational setup completed including banking, payment processing, and ongoing compliance obligations activated.

04 — Year-one economics

Cost and regulatory
burden.

Year-one spend is dominated by substance — resident director, office, compliance officer, external audit — not the licence fee itself.

Cost itemAmount
Application fee USD 7,500
Annual licence fee USD 15,000
Corporate vehicle & registered agent USD 3,500 / yr
Compliance officer (outsourced) USD 8,000—18,000 / yr
Technical certification (RNG, if needed) USD 2,500—6,000
Year-1 total ~USD 25K — 50K

Anjouan does not require local substance, resident director, or onshore office. Tax exposure depends on the holdco structure, not the Anjouan vehicle itself.

05 — Common questions

What founders
ask before filing.

The questions we get on every diagnostic call. If yours isn't here, raise it in the consultation.

Yes — the major B2B aggregators (Evolution, Pragmatic, Play'n GO, Spinomenal, and others) accept Anjouan-licensed B2C operators on a standard onboarding track. A handful of strict-only suppliers limit to MGA / UKGC / Isle of Man, but coverage of major slot and live-casino libraries is effectively complete.
Functionally, yes — for new operators. The Curaçao sub-licence model issued under master licensees (1668/JAZ, 5536/JAZ, 8048/JAZ, etc.) is being wound down in favour of the new direct LOK licence regime. Operators who want a fast offshore route without the higher cost and substance demands of LOK have largely moved to Anjouan, which offers a comparable scope at materially lower friction.
Anjouan permits operation in any market where the operator independently complies with local law. Practically, this means operating in grey markets (most of LATAM, parts of Asia, Eastern Europe) is straightforward; operating in regulated markets (UK, DE, NL, FR, IT, ES) requires either geofencing out or layering a local licence on top.
Anjouan requires standard responsible-gaming features: deposit/loss limits, self-exclusion, reality checks, and clear T&Cs. AML/KYC is mandatory at registration. Player-funds segregation is required but not subject to the same prescriptive trust structures imposed by MGA or UKGC.
Annual licence renewal with a compliance affidavit, quarterly volume reporting, AML/CFT controls including STR filing, and notification of any change in beneficial ownership or platform technology. External audit is not mandatory but is increasingly common to support banking and aggregator relationships.
Ready when you are

Tell us where
you want to
operate.

Forty-five minutes with a partner. Jurisdiction memo within seven days. No retainer required to start.

GSS Legal consultation
45 min
First call with a partner.
No retainer required.