Crypto License in Anjouan

In recent years, the world of crypto companies has been steadily moving toward clearer regulations, stricter requirements, and greater oversight of their operations. This approach often complicates matters for crypto startups, as it raises the barrier to entry. 

Anjouan remains one of the few jurisdictions today that offers crypto players an alternative path, with more flexible regulation and oversight. Read on for more details!

Regulation of the Anjouan Crypto License

Anjouan is a well-known cryptocurrency jurisdiction that, unlike others, allows you to quickly start a business with the support of local authorities and the potential for rapid growth. 

The Anjouan International Crypto License provides a structured legal framework for conducting a wide range of cryptocurrency and related financial activities under the supervision of the Anjouan Offshore Finance Authority, in accordance with Government Notice No. 004 and No. 005 of 2005.

The crypto license in Anjouan is designed to help you enter global markets while demonstrating your business’s commitment to compliance with regulatory requirements, combined with a certain degree of flexibility. The license enables companies to legally provide crypto-related services to international clients while maintaining a simplified compliance environment. 

One of the key advantages of this jurisdiction is the ability to operate under a single license covering multiple business models, including cryptocurrency exchange, custody, liquidity provision, and other financial services. This significantly reduces the need for additional licensing and allows for rapid scaling of operations.

Advantages of Obtaining a Crypto License in Anjouan

Everyone involved in the crypto world knows full well that obtaining a crypto license is becoming increasingly difficult with each passing year. Currently, there are almost no regulations left in the world that allow you to quickly launch a business and remain compliant while still maintaining flexibility.

The good news is that the Crypto license in Anjouan is an exception to this rule. 

To set up a crypto business and obtain a license, a single shareholder is sufficient (and this can be the same person). 

There is no requirement to have mandatory local staff, a physical office, or anything else; a registered address is sufficient. 

Additionally, Anjouan is a tax haven, which makes obtaining a Crypto license in Anjouan highly attractive. For international companies, there is no corporate income tax on earnings generated on the islands, and there is also no VAT or dividend tax in the jurisdiction.

The main advantage is the license processing time, which is only 3 months — an incredibly fast turnaround in the world of crypto licensing.

Thanks to these advantages, a Crypto license in Anjouan becomes an incredibly powerful tool in the world of crypto business. 

Types of Anjouan crypto Licenses

As we have already noted, the regulator’s approach in Anjouan is based on the principle that, with a single universal license, a business can provide a range of services, namely:

• Operation of a cryptocurrency exchange, including exchange of crypto-to-crypto and crypto-to-fiat
• Provision of crypto custody and storage services for clients
• Liquidity provision and market-making activities
• Facilitation of payment services, including opening and management of client accounts
• Asset management and holding of funds or financial instruments on behalf of third parties
• Execution of currency exchange transactions and financial operations
• Ability to act as an intermediary in financial and securities-related transactions
• Engagement in e-commerce and other financial services
• Provision of CFD and other derivative-related services, where applicable

Unlike other jurisdictions, which impose different requirements on various activities, Anjouan is a welcome exception, and many companies take advantage of this opportunity to expand and offer greater variety to their clients.