Curaçao and Anjouan: A Deep Dive into Gambling Licenses

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In the online gambling industry, choosing the right jurisdiction for licensing is crucial for an operator's success and reliability. Two popular jurisdictions—Curaçao and Anjouan—offer different conditions and requirements


1. License Acquisition Process

  - Curaçao: The licensing process takes 4-6 weeks. The cost includes an initial fee of €15,000 - €25,000, an annual fee of €19,400, and a monthly fee of €3,600. The license covers up to 40 domains, with an additional fee of €270 for each extra domain.

  - Anjouan: The licensing process takes about two weeks. The license costs around $35,000 and does not include a gross gaming revenue (GGR) tax, reducing the financial burden on operators.


2. Regulatory Requirements

  - Curaçao: The new LOK licensing system introduced in September 2023 includes mandatory audits, hiring local employees, and enhanced compliance requirements. These changes aim to improve the legitimacy and stability of Curaçao's gambling industry.

  - Anjouan: Anjouan offers more flexible regulatory requirements and simpler compliance rules. The absence of a GGR tax is a significant advantage.


License Benefits


1. Curaçao

  - International Recognition: Curaçao's license is highly recognized and trusted in the global gambling industry.

  - Infrastructure: Curaçao provides a well-developed technical infrastructure and support for operators.

  - Tax Benefits: Low corporate tax (2%) and no VAT make this jurisdiction attractive for operators.


2. Anjouan

  - Cost-Effectiveness: Lower costs for obtaining and maintaining the license.

  - Speed of License Acquisition: The process takes only two weeks.

  - Regulatory Flexibility: Less stringent compliance requirements and no GGR tax.


Owner Requirements


1. Curaçao

  - Company Registration in Curaçao: Operators must register a company and have a physical presence on the island.

  - Documentation: Includes identity verification of ultimate beneficial owners (UBO), bank references, professional recommendations, and software agreements.

  - Audits: Annual submission of audit reports and adherence to anti-money laundering (AML) and player protection regulations.


2. Anjouan

  - Company Registration: Operators must register a company and provide a detailed business plan.

  - Documentation: Includes identity verification, proof of domain ownership, and compliance with AML regulations.

  - Regulatory Compliance: Operators must follow player protection rules and submit annual reports.


Choosing between Curaçao and Anjouan licenses depends on various factors, including cost, ease of license acquisition, regulatory requirements, and strategic goals. Anjouan offers significant financial advantages and regulatory flexibility, while Curaçao provides international recognition and a well-established infrastructure.


#Gambling #CuraçaoGaming #AnjouanGaming #iGaming #OnlineCasino #GamblingIndustry #GamingRegulation #Compliance #Business #GamblingLaw

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