The breakout 2025–26 offshore iGaming licence after the Curaçao LOK reform. Annual renewal, 0% GGR tax, no local presence, ~8 weeks to issue — but a narrower banking partner list than Curaçao. Banking-first guide for operators making the switch.
Licence administered by Anjouan Licensing Services Inc. (ALSI) under AOFA + Anjouan Gaming Board oversight. €17,828 application + €17,828 annual renewal + €500 per additional domain (B2C). 0% GGR tax. 1-year licence, renewable.
§ Positioning
Anjouan is the licence operators choose when they want offshore economics with a regulator that actually publishes its fees. After Curaçao's 2024 LOK reform forced local presence and supervisory contributions on operators who'd built around the Master/Sub structure, Anjouan emerged as the practical alternative: cheaper, faster, no resident director required. The trade-off is banking depth — your partner list is shorter and your banking-introduction cost is higher than for an equivalent Curaçao operator. GetBanked's role here is closing that gap.
§ Banking
Anjouan licensees in 2026 bank primarily through offshore EMIs and specialist Caribbean private banks. EU mainland banks remain cautious — partly because the regulator is younger than Curaçao, partly because some Visa/Mastercard merchant approval workflows still treat Anjouan as a "newer" jurisdiction for risk-tier purposes. That caution is softening as the regulator publishes more transparent fee schedules and ALSI (Anjouan Licensing Services Inc., the AOFA-administered issuer) ships a fully online operator portal.
Realistic banking outcomes for an Anjouan-licensed operator with 12+ months of clean processing history and €1–10M monthly GGR: 1 operational EMI in a high-risk-friendly EU jurisdiction (Lithuania or Estonia), 1 offshore bank for FX and reserve holding, plus a stablecoin settlement rail for crypto-on-ramp operators. Pre-approval rate is materially lower than for an MGA operator (we see ~60–70% for Anjouan vs ~85% for MGA), but timeline is comparable — 10–14 business days once the documentation pack is correct.
The single biggest determinant of bankability is your AML/KYC dossier. Anjouan's regulator doesn't enforce as much pre-licensing AML scrutiny as MGA, so the burden falls on your bank-application stack: MLRO appointment, transaction monitoring stack (Sumsub or comparable), source-of-funds packaging, and named geo-blocking documentation. Operators who treat the AML pack as a compliance afterthought get rejected; operators who treat it as the bank's underwriting input get onboarded.
§ Recent regulatory changes
Online operator portal launched
ALSI shipped a fully online application + renewal workflow in 2025, replacing the prior paper-heavy process. Documentation requirements are unchanged; the win is timeline transparency — operators can track application status without chasing the regulator.
Visa / Mastercard merchant-approval treatment
Anjouan moved up the major scheme risk-tier matrices in late 2025, narrowing but not eliminating the historical gap with Curaçao. Practical effect: more acquirers now accept Anjouan licensees on the same terms they offer Curaçao licensees, but at slightly higher rolling reserve percentages (15–25% range vs 10–20% for Curaçao).
Banking partner expansion
EU EMIs (notably Lithuania and Estonia) have warmed measurably to Anjouan operators through 2025–26. The pattern: an EMI that opens 1–2 Anjouan accounts as a pilot and, if there are no compliance surprises in the first 6 months, opens the gate for further introductions through the same broker. GetBanked is one of those brokers.
§ Frequently asked
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Curaçao vs Anjouan
We bank Anjouan licensees in 10 business days on average. Pre-approval in 24 hours, free.