Crypto License in Anjouan

Obtain a Structured Offshore Crypto License 

A Crypto License in Anjouan provides an accessible regulatory pathway for cryptocurrency exchanges, brokers, wallet providers, token platforms, and blockchain-based fintech projects. Anjouan operates within the Union of the Comoros, and crypto licensing is administered by the Anjouan Offshore Finance Authority (AOFA).

Unlike Tier-1 jurisdictions, Anjouan offers a flexible offshore framework with moderate entry costs and faster approval timelines, making it attractive for startups and scaling crypto businesses targeting international markets.

This guide explains:

• What the license covers
• Realistic 2026 costs
• Timeline and process
• Legal requirements
• Ongoing compliance
• Practical considerations

What Is a Crypto License in Anjouan?

The Anjouan crypto license is an offshore authorization allowing companies to legally provide virtual asset services globally under a structured corporate framework.

Permitted activities typically include:

• Cryptocurrency exchange operations (spot trading platforms)
• Brokerage and intermediary services
• Wallet and custody services
• Token issuance and blockchain infrastructure
• Crypto payment processing
• Digital asset fintech services

The exact scope depends on the business model submitted during the licensing process.

Why Choose Anjouan?

Operators select Anjouan due to:

• Flexible regulatory approach suitable for digital asset businesses
• Faster licensing timeline compared to heavily regulated markets
• Moderate setup costs
• International operational positioning
• Structured but manageable AML/KYC requirements

It is particularly suitable for projects that require regulatory positioning without the capital intensity of EU licenses.

Crypto License in Anjouan — Estimated Costs 2026

Below is a realistic breakdown of market-based costs. Final pricing depends on provider and project complexity.

Government & Regulatory Fees

• License issuance fee: 5,000 – 10,000 USD
• Annual license renewal: 5,000 – 8,000 USD

These fees are payable to the regulator.

Company Formation (IBC)

A local International Business Company must be established before applying.

• IBC formation: 2,000 – 4,000 USD
• Annual IBC renewal: approximately 300 USD

Due Diligence & Director Verification

• Background checks and KYC review: 1,000 – 2,000 USD per director or shareholder

Costs vary depending on the number of individuals involved.

Advisory & Compliance Packages

Professional services typically include:

• Business plan drafting
• AML/KYC policy preparation
• Risk assessment framework
• Application submission
• Communication with the regulator

Market ranges:

• Basic advisory package: 10,000 – 12,000 EUR
• Extended support package: 13,000 – 15,000 EUR
• Full compliance and structured package: 18,000 – 20,000 EUR

Total First-Year Budget (Indicative)

For most projects:

• Conservative setup: 15,000 – 20,000 USD
• Full-service professional setup: 20,000 – 30,000 USD

The final amount depends on business complexity and level of compliance support required.

Timeline for Obtaining the License

Typical process stages:

1. Pre-assessment and business model structuring
2. Company incorporation (2–4 weeks)
3. Preparation of compliance documents (2–3 weeks)
4. Submission to AOFA
5. License issuance (2–6 weeks)

Overall estimated timeline: 2 to 3 months, depending on document readiness and regulator review.

Licensing Requirements

Although flexible, the framework requires structured documentation.

Applicants typically provide:

• Company incorporation documents
• Passport copies and proof of address for directors and beneficial owners
• CVs demonstrating relevant experience
• Detailed business plan and financial projections
• AML and KYC policies
• Internal risk management procedures

In some cases, appointing a compliance officer or establishing a local representative is recommended.

Banking & Payment Considerations

A crypto license strengthens regulatory positioning but does not guarantee banking approval.

Common operational setup includes:

• Corporate bank accounts (subject to KYC/AML review)
• Payment service providers compatible with crypto operations
• E-wallet integrations
• Stablecoin or digital asset settlement options

Bank approval depends on risk profile, jurisdictional exposure, and quality of compliance documentation.

Ongoing Compliance Obligations

After licensing, companies must:

• Maintain active AML/KYC procedures
• Keep transaction records and audit trails
• Pay annual government fees
• Renew the license on time
• Notify the regulator of structural changes

Failure to maintain compliance may lead to penalties or suspension.

Who Is This License Suitable For?

The Anjouan crypto license is commonly used by:

• Startup cryptocurrency exchanges
• OTC desks
• Crypto brokerage platforms
• Wallet and custody providers
• Token ecosystem operators
• Web3 and blockchain fintech projects

It is especially relevant for companies targeting international markets without requiring EU regulatory passporting.

Comparison with Other Jurisdictions

For context, other well-known regulators include:

• Curaçao eGaming — widely used in online gaming and crypto-related businesses
• Malta Financial Services Authority — high credibility within the EU
• Financial Conduct Authority — strong global reputation and strict compliance standards

Compared to these jurisdictions, Anjouan offers:

• Lower entry cost
• Faster approval
• Flexible operational scope
• Moderate international recognition

FAQ – Crypto License in Anjouan

Is the Anjouan crypto license legal?

Yes. It is issued under the regulatory framework of Anjouan within the Union of the Comoros.

How long does the process take?

Typically 2–3 months, depending on documentation readiness.

Can I open a bank account with this license?

It improves credibility, but final approval depends on the bank’s internal policies.

Is it equivalent to an EU or UK license?

No. It provides offshore regulatory positioning but does not grant EU passporting rights.

What is the realistic total cost in 2026?

Most projects budget between 15,000 and 30,000 USD for the first year, including licensing and compliance setup.