Mwali — MISA licence.
The Mwali International Services Authority provides fast-track offshore licences at competitive pricing for iGaming operators.
A considered route,
not a shortcut.
This jurisdiction rewards operators who treat the application as the start of a supervisory relationship.
When this is the right choice
When to consider an alternative
Permissions under
one Act.
Choosing the right tier and scope is the most consequential decision in the application.
Offshore Gaming Licence
MISA's primary gaming permission covering online casino, sportsbook, slots, live-dealer, poker, and lottery products for international markets. Broad scope, single permission, fast review.
Financial Services Licence
Covers offshore financial intermediary, payment processing, and money services activities. Issued alongside or separately from the gaming licence for operators running both gaming and payment functions.
Crypto and VASP Permit
MISA issues specific permits for virtual asset service providers including crypto exchanges, wallet providers, and DeFi-adjacent payment platforms operating from Mwali.
Phases to licence grant.
Entity and documentation
Week 1Offshore entity incorporated under Mwali law, UBO and director documentation prepared, AML compliance framework drafted to MISA minimum standards.
Application submission
Week 1—2Full MISA application submitted including business description, corporate documents, UBO declarations, AML policy, and licence fee payment.
MISA review
Weeks 2—4MISA reviews application documentation. For standard gaming applications, the review process is typically faster than Anjouan — often 2–3 weeks from submission.
Licence issuance
Weeks 4—5Licence issued. Annual renewal obligation commenced. No local substance, no resident director, and no onshore office required for licence maintenance.
Cost and regulatory
burden.
Year-one spend is dominated by substance — resident director, office, compliance officer, external audit — not the licence fee itself.
| Cost item | Amount |
|---|---|
| MISA application fee | USD 3,000 — 6,000 |
| Annual licence fee | USD 5,000 — 10,000 |
| Entity incorporation | USD 1,500 — 3,000 |
| AML/compliance advisory | USD 3,000 — 8,000 / yr |
| Registered agent (annual) | USD 1,000 — 2,000 |
| Year-1 total | ~USD 15K — 35K |
Mwali is among the cheapest credible offshore gaming licences available. No local substance, no resident director, and no minimum capital make it an accessible entry point for new operators. Primary spend is AML/compliance advisory to maintain basic regulatory standards.
What founders
ask before filing.
The questions we get on every diagnostic call. If yours isn't here, raise it in the consultation.
Tell us where
you want to
operate.
Forty-five minutes with a partner. Jurisdiction memo within seven days. No retainer required to start.
No retainer required.