Anjouan License For Online Casinos- A Key To Success For Startups And iGaming Companies
Anjouan is an island in Africa situated between Mozambique and Madagascar and is a paradise for iGaming companies because of the apex gambling regulating body. This body has simplified the Anjouan licensing process and kept the tax rate zero in gross profit to help companies grow their online casino businesses effectively.
If you are stepping into the gambling world and want to provide online casino games to users, then Anjouan gaming license is ideal for you. This article covers a plethora of reasons for choosing an Anjouan casino license.
Why Is Anjouan Online Gaming License A Favorite Among Entrepreneurs And iGaming Companies?
The iGaming industry is flourishing, and analysts are expecting that this industry will grow at a CAGR of 9.7%. So, many startups are diving into this world and looking for several jurisdictions for availing of online gaming licenses, but their journey ends where they find legality, trust, and global presence. Anjouan online gaming license covers everything that any entrepreneur or iGaming company seeks, so it becomes the hub for them. If you also want to know what you will get from this jurisdiction, then go through the benefits provided below.
Streamline Licensing Process
Most startups don’t want to invest their time in a complex licensing process because they need to start their operation in no time. If you also believe in the same, then Anjouan jurisdiction is ideal for you to operate your online casino business effectively around the world. The licensing process is streamlined because of the less involvement of bureaucrats, and the waiting period is low, i.e. 4-6 weeks, compared to other jurisdictions offering online gaming licenses.
Low-licensing Cost
The cost of an online gaming license varies from jurisdiction to jurisdiction, so everyone wants to avail of the online gaming license at a minimum cost. The Anjouan Gaming Authority (AGA) understands this concern and provides online gaming licenses at a very low price compared to other jurisdictions so that startups can grow in the competitive world.
Zero Tax On The Gross Gaming Revenue
Zero tax on net income is another factor that attracts a lot of Startups and iGaming companies. After availing of the Anjouan gaming license, you won’t have to pay any tax on the gross revenue, which will help you to expand your business globally by utilizing the profits in marketing and other segments.
A Single License For Conducting Multiple iGames
Operating a range of online gambling games with a single license is like a dream come true. Yes, that’s true because The Anjouan Gaming Authority (AGA) provides a license that covers all online gambling games, including online casinos, slots, online poker, eSports betting, and many more. To conduct such games, you don’t have to get a separate license for each genre of online game, as the Anjouan online gaming license is sufficient for operating such games.
How To Get Anjouan Gaming License For Running An Online Casino Business?
If you want to get a casino license in Anjouan to start your online casino business, you must comply with the laws prescribed by Anjouan. In addition, you should have a policy supporting Anti-money laundering because the Anjouan Offshore Finance Authority (AOFA) is the body that keeps an eye on companies supporting money laundering in Anjouan. Now, let’s see the detailed process for applying for the online casino license Anjouan.
● First and foremost, you should incorporate a company, and it could be of any jurisdiction.
● Thereafter, you will have to submit the documents, including business financial statements, personal documents (passport copy, CV), a copy of RNG testing certificates, a domain ownership copy, and a business incorporation copy.
● After compiling all the documents along with the filled application form, submit it to the AGA office and ensure to make the payment of a license.
● AGA officers will scrutinize your documents, and if they find everything is per the gambling law, they will issue a license for you. However, the waiting time will be 3-4 weeks, so keep patience.
● Once you get a license, you can start your online gambling business, but ensure that the validity of the newly issued gaming license is 1 year and thereafter, you will have to renew it again to run a business.
Conclusion
Anjouan gaming license is the key to success for your online gaming business because it has a reputation in the global market, and players trust those operators who retain Anjouan gaming license. In addition, the licensing cost is very low compared to other jurisdictions, and there is zero tax on gambling activities, which means you can easily start your business without facing any legal challenges.