Anjouan gambling license comparison: Key difference 

• An Anjouan gambling license comparison identifies the island as an emerging attractive online gaming licensing a role it has pursued since the late 1990s to attract international businesses and broaden its economy. In the Union of Comoros, competitive pricing and streamlined regulatory requirements make the the Anjouan Gaming License an attractive option for operators looking for a cost-effective licensing option. The last 15 years of stability in Anjouan have cemented its reputation and built a safety environment for running gaming businesses. Tetra Consultants may now guide business clients on the finer details of the licensing procedure to ensure seamless compliance with legal requirements. 

Why choose Anjouan gambling license? 

• Opting for an Anjouan gambling license offers numerous advantages, especially for startups in the online gaming sector. A standout feature is the rapid processing time, allowing operators to launch their services quickly, unlike jurisdictions such as Malta or the UK, where licensing can take several months. The Anjouan gambling license comparison reveals that it covers all types of gambling activities under one document, eliminating the need for multiple licenses for various gaming services. This simplifies operations and helps reduce overall costs.  

• Financially, Anjouan distinguishes itself with a 0% tax on gross gaming revenue, leading to significant savings that can be reinvested into business expansion. Additionally, the costs associated with obtaining and maintaining the license are highly competitive, making it an appealing option for new entrants with limited budgets.  

• Furthermore, the regulatory environment in Anjouan is supportive and less bureaucratic, allowing businesses to concentrate on growth rather than becoming overwhelmed by compliance challenges. Overall, the Anjouan gambling license comparison underscores its affordability, flexibility, and efficiency, making it the ideal choice for entrepreneurs eager to establish a presence in the online gambling market. 

Anjouan gambling license comparison with major jurisdictions 

Processing time 

• Licensing in Anjouan is very fast, as this may take about 8 weeks. In the case of other major jurisdictions such as Malta and the UK, it becomes faster and allows operators to launch their gaming platform sooner. 

Single license coverage 

• Anjouan offers a generic license that covers all online gambling operations, including casinos, sports betting, poker, and bingo, in one single document. It does not necessitate separate licenses for different types of gaming operations, unlike Curacao and Malta, which do. This means there is ease of operation and fewer administrative burdens. 

Cost effectiveness 

• A relatively minimal upfront cost when compared to Malta and the UK, which are pricier options, make the license from Anjouan a delightful choice for startups and small-to-medium-sized operators who seek a less expensive entry into the online gaming market. 

Zero tax on gross gaming revenue 

• Anjouan offers a 0% tax rate on gross gaming revenue, which indeed provides serious fiscal advantages. For example, in the UK charges at 21% on gross gaming revenue, and Malta charges between 1-5%, wherein Anjouan is highly attractive from a jurisdiction where profitability can be maximized. 

Simplified application process 

• The application process in Anjouan is quite straightforward with minimal bureaucracy. This makes it very easy for startups to apply, unlike in the case of Curacao and Malta, which have more complex and demanding requirements. 

Regulatory environment 

• The regulatory environment in Anjouan is liberal and there are not many audits of compliance, and it loosely handles monitoring. At the same time, Anjouan contrasts well with Curacao’s tightening in its compliance regime and more strict UK regulation, hence, becomes a favorite for operators when the latter treats regulatory flexibility significantly. 

Ideal for startups 

• Anjouan is very favorable for new businesses due to low initial costs, a quick process to license the region, and broad coverage under one license. Its environment supports the entry of startups into the market quickly, simplifies their operations, and expands accordingly as the business builds up. 

Conclusion 

• Anjouan’s gambling license presents a viable and cost-effective option compared to traditional jurisdictions, making it perfect for both startups and established operators. With the support of Tetra Consultants, businesses gain access to streamlined licensing processes, reduced bureaucracy, and considerable financial benefits. We provide a range of services, including nominee director and shareholder services, corporate bank account opening services, offshore financial licenses, registered address services, local agent and representative services, and much more. Our expertise ensures a smooth and compliant licensing experience, positioning your online gaming venture for success in a competitive landscape. 

• Contact us to know more about Anjouan Gambling License comparison with major jurisdiction and we will revert back in 24 hours.