Looking to start an online gambling business? The Comoros Gambling License, issued by the Anjouan Gaming Commission, offers a cost-effective, tax-free option with a fast application process. Here's a quick summary:
Key Highlights:
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Affordable Licensing: Initial fee of €39,750, with no taxes on Gross Gaming Revenue (GGR).
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Broad Coverage: Includes sports betting, casino games, lotteries, and more.
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Fast Processing: Applications are processed within 1 to 1.5 months.
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Requirements: Minimum capital of €250,000, local representative, and adherence to anti-money laundering (AML) rules.
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License Types: Choose between B2C (for direct consumer services) or B2B (for services to operators).
Pros and Cons:
| Advantages | Disadvantages |
|---|---|
| 0% tax on GGR | Strict documentation requirements |
| No VAT or corporate tax | Cannot serve local residents |
| Quick application process | Regular financial reporting needed |
Renewal:
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Annual renewal fee: €13,300.
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Submit updated compliance documents 2-3 months before expiration.
This license is ideal for international operators seeking a low-cost, business-friendly jurisdiction. However, strict compliance is essential to maintain the license.
About Comoros Gambling License
Main License Features
The Comoros gambling license, governed by the Computer Gambling Act of 1999 and the Betting and Gaming Act 2005, provides a structured framework for online gaming businesses. It is known for its broad coverage and operator-friendly terms.
Here’s a quick overview of its key features:
| Feature | Description |
|---|---|
| Tax Benefits | No tax on Gross Gaming Revenue (GGR), no VAT, and no corporate income tax |
| Domain Coverage | Includes up to 2 web addresses in the base license |
| Activity Scope | Covers sports betting, casino games, lottery, bingo, and other online gaming formats |
| Compliance Requirements | Enforces anti-money laundering (AML) measures and financial stability checks |
This license combines flexibility with essential regulatory measures. Operators can add more domains for an annual fee, making it easier to grow their online presence.
Licensing Authority
The Anjouan Offshore Finance Authority (AOFA) is responsible for balancing operational freedom with regulatory oversight. Through the Anjouan Gaming Commission, it monitors all licensed gambling activity.
The commission enforces AML rules, conducts background checks, manages license renewals, and ensures compliance with technical standards. With processing times typically between 1 to 1.5 months, it’s an appealing option for small to medium-sized operators.
License holders are required to maintain a solid compliance program and submit regular financial reports. This approach allows businesses to operate freely while upholding industry standards and safeguarding players.
License Requirements
Company Setup Rules
To start a gambling operation in Comoros, businesses need to register as an International Business Company (IBC) in Mwali. This setup ensures compliance with regulatory standards while taking advantage of the jurisdiction's business-friendly environment.
| Requirement | Specification |
|---|---|
| Minimum Capital | €250,000 or $250,000 (can include crypto assets, personal funds, or guarantees) |
| Directors/Shareholders | At least one (can be an individual or a corporate entity) |
| Legal Address | Must have a registered office in Mwali |
| Local Representative | A certified local legal representative approved by the Anjouan Gaming Commission |
Required Documents and Funds
To apply for a license, operators need the following key documents:
| Document Type | Details |
|---|---|
| Personal Documents | Copies of passports for directors and shareholders |
| Financial Records | Bank statements covering the last three months |
| Proof of Address | Official documents verifying address |
| Business Documents | Detailed operational plans and financial projections |
| Company Registration | Incorporation documents for the IBC |
All documents must be submitted in English. The initial license fee is €39,750, and there are no additional taxes on gross gaming revenue.
Technical Standards
Operators are required to meet strict technical standards, including secure systems, tools for responsible gaming (such as self-exclusion and deposit limits), and compliance with anti-money laundering (AML) regulations. This includes transaction monitoring and customer due diligence. Detailed documentation must be maintained for compliance inspections.
Once these requirements are fulfilled, operators can move forward with the application process to obtain their license.
Pros and Cons
The Comoros gambling license comes with both benefits and challenges that operators need to weigh carefully before deciding. Here's a breakdown of the key points:
| Advantages | Disadvantages |
|---|---|
| 0% tax rate on Gross Gaming Revenue (GGR) | Strict company setup and documentation requirements |
| No VAT on total revenue | Must appoint a certified local representative |
| 0% corporate income tax | Prohibited from serving local Anjouan residents |
| Competitive initial licensing fee (€39,750) | Regular financial reporting obligations |
| Fast application process (1-1.5 months) | Operators must prove financial stability |
| Covers various gambling activities | Requires indemnity insurance or a fidelity bond |
| Business-friendly regulations |
The Anjouan Gaming Commission has created a setup that appeals to operators looking for a cost-effective licensing option. A tax-free structure is a major financial perk, and the quick application process allows operators to enter the market faster than in many other regions.
That said, the license comes with operational restrictions. The ban on serving local residents means operators must target international audiences exclusively.
For startups and growing businesses, the financial incentives are appealing. However, operators must meet strict technical standards, including using approved software and adhering to global practices for responsible gaming and anti-money laundering (AML) compliance.
This license is a great fit for operators looking to minimize costs and enter the market quickly. But staying compliant with the requirements is crucial to maintaining the license and reaping its benefits.
How to Apply
The process of obtaining a Comoros gambling license involves specific steps set by the Anjouan Gaming Commission (OFAA) to ensure all applicants meet the necessary criteria.
Pre-Application Steps
Before applying, operators must set up an International Business Company (IBC) and appoint a certified local representative. This representative, who needs approval from the Anjouan Gaming Commission, should have expertise in regulatory compliance.
After completing these initial steps, operators should focus on gathering the required documentation to move forward with the application.
Document Preparation
All documents must be in English, recent (dated within the last 90 days), and notarized if requested.
| Required Documentation | Details |
|---|---|
| Identity Verification | Includes a notarized passport copy and a clean criminal record certificate |
| Address Proof | A recent utility bill |
| Professional Background | A detailed resume and references from an accountant or lawyer |
| Financial Documentation | Bank statements showing at least two years of activity |
| Technical Documentation | As outlined in the Technical Standards section |
| Domain Documentation | Proof of ownership for gaming websites |
Once all documents are prepared and verified, the application can be submitted to the OFAA for review.
Application Processing
The review process usually takes 1 to 1.5 months after submission. This efficient timeline reflects the jurisdiction's business-friendly nature, allowing operators to enter the market without unnecessary delays.
During this phase, the OFAA evaluates factors such as financial stability, technical readiness, corporate integrity, and compliance systems. The initial application fee is EUR 17,000, with additional fees like EUR 2,000 for Compliance Officer approval and EUR 500 per extra domain.
Operators must also meet the following key conditions:
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Set up an internal audit department
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Fulfill minimum paid-up capital requirements
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Secure indemnity insurance or a fidelity bond approved by the OFAA
Keep in mind, the license restricts serving local Anjouan residents, focusing instead on international markets.
License Types: B2C and B2B
After getting a handle on the application process, the next step is figuring out which license fits your business model.
B2C vs B2B Licenses
The Anjouan Gaming Commission (OFAA) provides two license options tailored to different business needs in the online gambling space.
| License Type | Focus Area | Requirements |
|---|---|---|
| B2C License | Direct services to consumers | - Dispute resolution systems - Responsible gaming monitoring - Legal address in Anjouan - Comprehensive business plan |
| B2B License | Services to other operators | - Reliable technical infrastructure - Agreements with licensed operators - Quality assurance proof - Partnership verification protocols |
Choosing the Right License
The choice between a B2C and B2B license boils down to how your business operates - whether you’re engaging directly with players or supporting other operators.
B2C License Highlights:
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Best for businesses that deal directly with players, requiring solid consumer protection and responsible gaming measures.
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Focuses on user-facing activities like marketing and customer engagement.
B2B License Highlights:
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Geared toward companies offering services to other operators, emphasizing technical reliability and operational consistency.
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Prioritizes backend support and partnerships with licensed entities.
If your business model spans both areas, you can apply for both licenses, as long as you meet the respective requirements. Processing times are the same for both types, taking about 1 to 1.5 months from application to approval.
Knowing the difference between these licenses helps operators align their licensing approach with their business goals, ensuring smooth compliance and easier renewals.
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License Renewal
Renewing a gambling license in Comoros is a streamlined process designed to ensure both regulatory compliance and smooth operations for license holders.
Renewal Requirements
Operators looking to renew their license must provide several key documents, including updated corporate paperwork, annual financial statements, compliance reports, proof of financial stability, and criminal activity certificates for key personnel. Additionally, evidence of adherence to regulatory standards is required. To avoid any disruptions, applications should be submitted 2-3 months before the license expires, as the process typically takes 1 to 1.5 months.
Renewal Costs
The annual renewal fee is EUR 13,300, which covers compliance reviews and updates to the registration. This fixed fee makes it easier for operators to plan for ongoing licensing expenses.
Failing to meet the renewal requirements could lead to serious consequences, such as license suspension, operational downtime, financial penalties, or damage to the operator's reputation. The renewal process places strong emphasis on compliance with AML (anti-money laundering), KYC (know your customer), and financial stability standards, which are critical for maintaining the license.
Compared to other jurisdictions, the Comoros renewal process is more straightforward, making it an appealing choice for operators who value efficiency without sacrificing compliance. This approach reflects Comoros' focus on balancing regulatory oversight with business-friendly practices.
Renewing your license ensures uninterrupted operations and demonstrates ongoing commitment to meeting Comoros' gambling regulations.
Gambling Laws in Comoros
Knowing the rules and regulations is key for operators looking to stay compliant and get the most out of a Comoros gambling license.
The Betting and Gaming Act, managed by the Comoros Finance Commission, lays out the legal framework for gambling activities in the country. This includes online casino games, sports betting, lotteries, and bingo [6].
Legal Requirements
Comoros' gambling regulations set clear expectations while offering favorable conditions for operators. Here are some of the main obligations:
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Financial Standards: Operators must meet specific financial ratios set by the Gambling Board.
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Operational Compliance: Businesses need a certified local representative and must register with the Anjouan Business Registry as part of the licensing process.
The Comoros Finance Commission monitors compliance through audits, financial reviews, and checks on operational changes. Penalties for breaking the rules can range from fines to license suspension or even revocation, depending on the severity of the issue.
Money Laundering Prevention
Comoros has strict Anti-Money Laundering (AML) and Know Your Customer (KYC) measures in place. Licensed operators are required to:
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Verify customer identities before allowing account creation.
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Monitor transactions for unusual activity and report any issues to the authorities.
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Enforce age restrictions and promote responsible gaming practices.
The Gambling Board ensures these standards are met through regular audits and operational reviews. Combined with Comoros' tax-friendly policies, these measures make it an appealing option for licensing.
Fees and Processing Time
This section breaks down the financial requirements and time needed to secure a Comoros gambling license, helping operators assess its practicality.
License Costs
Getting a gambling license in Comoros is relatively affordable compared to many other regions. Here's a quick look at the main costs:
| Cost Component | Amount | Notes |
|---|---|---|
| Initial License Fee | €39,750 | One-time fee for first-time applicants |
| Minimum Authorized Capital | €250,000 | Needed to set up an IBC in Mwali |
Notably, Comoros does not impose taxes on gross gaming revenue, nor does it require annual tax audits. Administrative expenses are also lower than in many other licensing regions.
Processing Duration
The typical timeframe to obtain a Comoros gambling license is about 1 to 1.5 months. Several factors can affect this timeline, such as:
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The completeness of your submitted documents
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How quickly you respond to requests for additional information
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The complexity of due diligence checks
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The speed of setting up the required business structure
To ensure a smooth application process:
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Provide all required documents in the correct format
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Address information requests quickly
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Work with certified local representatives
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Maintain open communication with the regulatory body
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Summary
The Comoros gambling license stands out as a cost-effective and flexible option for gaming operators. Key highlights include a 0% tax rate on Gross Gaming Revenue (GGR) and the ability to cover multiple gambling activities under a single license, simplifying operations for businesses.
Here's what makes the licensing framework appealing:
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No GGR taxes, creating a tax-free structure
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Coverage for a wide range of gaming activities
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A straightforward application process
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Flexibility in server location [6]
Operators must register as an International Business Company (IBC) in Mwali and comply with anti-money laundering measures and financial stability rules. This ensures a local presence while meeting essential regulatory standards.
The license is suitable for both B2C and B2B operations, offering businesses the freedom to align the license with their specific needs [6]. Combined with its tax-free benefits and simplified processes, Comoros is an attractive choice for operators looking to manage costs effectively.
The jurisdiction also enforces compliance monitoring and reporting to maintain operational integrity without imposing excessive administrative burdens. This balance between oversight and business-friendly policies creates a supportive environment for gaming companies.
The next section tackles frequently asked questions about the Comoros gambling license for added clarity.
