The government fee is €17,828 for issuance and €17,828 for annual renewal, identical for B2C and B2B. That is the fee, not the cost. A realistic Year 1 total is €24,000–€32,000 once due diligence (€1,700–€3,700), Key Person Authorisation (€2,000 per person), company formation, the policy pack, ADR designation and application management are included. Additional operational domains are €500 each. The full register is above.

Two to four weeks from submission on a complete file — document preparation five to ten working days, regulatory review two to three weeks, issuance within days of approval. Six weeks where the ownership chain runs through trusts, foundations or three or more corporate layers. Incomplete UBO documentation is the single most common cause of delay, and police clearance certificates are the item that should be ordered on day one.

Yes. Since July 2025 every B2B supplier serving an Anjouan licensee must hold a full B2B License (€17,828/yr) or an approved B2B License Recognition Certificate (~€9,500/yr). That captures game studios, content providers, platform and turnkey providers, aggregators, RNG and testing vendors, payment service providers and compliance technology suppliers. The operator carries the exposure for contracting an unauthorised supplier, so verification belongs in procurement.

Every licensee must designate at least one Authority-approved ADR provider and name it, with contact details, in player-facing Terms and Conditions. Four are approved: EGIS ADR, Axion ADR, iGaming ADR and CADRE B.V. You resolve internally within 30 days, after which the player may escalate; you bear the cost of the proceedings; most providers decline complaints filed more than 12 months after your final response.

No. Anjouan licensees must geo-block the United States, United Kingdom, France, Germany, Netherlands, Spain, Austria, Australia, the Comoros Islands including Anjouan itself, all FATF blacklisted jurisdictions, and any territory subsequently prohibited by AOFA. Enforcement must be technical, at IP and payment level. No offshore license reaches those markets — if your revenue plan depends on them, Malta is the conversation.

No. There is no local director requirement, no resident Key Person requirement and no physical office requirement. This is the principal operational distinction from the Curaçao LOK regime and the reason the total cost of ownership gap is wider than the headline fee gap suggests. You must appoint Key Persons holding Authority-issued Key Person Authorization, but they are not required to reside in Anjouan.

The €17,828 is not returned — application fees are non-refundable regardless of outcome. Re-application is possible, but the second file is reviewed against the first. This is the entire case for not submitting until the UBO file, the source-of-funds evidence and the disclosure of any nominee, trust or foundation layers are complete.

Annually, at €17,828, payable before the renewal date, alongside Key Person Authorization renewals at €2,000 per person. Beneficial ownership records must be current and available to the Authority on request, material changes notified, and domain additions or removals filed and approved before use. We handle renewal as a retainer item rather than as an annual emergency.

Different tools. Nevis costs €28,000 a year against Anjouan’s €17,828 and takes 8–12 weeks against 2–4, and buys measurably broader banking and EMI acceptance. Anjouan is the right call when speed and cost decide the launch, when the payment stack is crypto-first, or when you are migrating off Curaçao and need continuity now. Nevis is the right call when an EMI or acquirer relationship is the gating factor for the whole business. Operators frequently start on Anjouan and add Nevis at scale.

For most startup and mid-market operators, yes. LOK, effective 24 December 2024, replaced sub-licensing with direct CGA issuance: €4,592 application fee, €47,450 annual license fee, a local managing director from grant, a Curaçao statutory seat, a dedicated MLRO and Compliance Officer, and a three-to-five-month timeline. Anjouan reaches the same 0% GGR outcome at €17,828 with no local substance in two to four weeks. If a partner or payment provider contractually requires Curaçao, keep it. Otherwise model Anjouan first.

Yes, and it runs in parallel with your existing license, so there is no dark period. Migration covers re-papering supplier agreements to the new licensee, updating T&Cs including the ADR clause, re-verifying domain approvals, notifying payment providers and re-running acquirer underwriting against the new license, and reconfiguring geo-blocking to the AOFA prohibition list. Six to eight weeks end to end, of which licensing is the fastest component.

Yes, and the B2B conditions expressly contemplate disclosure of virtual asset settlement flows. Full KYC and AML/CFT apply to crypto deposits and withdrawals, with blockchain analytics screening and source-of-funds verification at defined thresholds, and a documented virtual asset policy covering custody, conversion and sanctions screening belongs in the application dossier rather than in a later remediation.

No. As of the FATF’s June 2026 statement on jurisdictions under increased monitoring, the Union of the Comoros is not grey-listed and is not subject to a call for action. Anjouan’s banking constraint is acquirer appetite and jurisdictional familiarity, not an AML listing — a distinction competitors selling more expensive jurisdictions tend to blur.