Anjouan is an island belonging to the Comoros, located in the Indian Ocean. As part of the Comoros, Anjouan has its own jurisdiction within the country, meaning the island operates under the laws and regulations established by the government of the Comoros.
Anjouan’s legal system is based on a combination of French civil law and Muslim law.
The island of Anjouan is attractive to entrepreneurs due to its natural beauty, potential in tourism and hospitality, ecological opportunities, and investment prospects in agriculture, construction, and real estate. The jurisdiction is also popular for establishing gambling businesses, which can be profitable due to the island’s tourist appeal, favorable tax conditions, lack of strict regulations, and minimal market competition.
International businesses may be most interested in the so-called “International Business Companies” (IBC). While domestic companies have a corporate income tax of 30%, the tax rate for IBCs is 0% on foreign income.
IBC Companies:
Corporate tax: IBCs have a 0% corporate tax rate on foreign income.
Not applied.
Anjouan is a small territory within the Comoros and the Southern African Customs Union (SACU), but it does not have the authority to independently conclude international treaties, including double taxation treaties. However, as part of SACU, which includes Botswana, Lesotho, Namibia, South Africa, and Eswatini, Anjouan can participate in the DTTs concluded by SACU on behalf of all its members.
In 2005, the Computer Gambling Licensing Act 007/2005 came into effect on Anjouan, a significant step in the development of the gambling industry on this territory. This law created the Betting and Gaming Commission (ABGB), granting it the right to issue gambling licenses. Since its introduction, Anjouan’s license has become available on the market and is an attractive option for entrepreneurs in the gambling industry.
The licensing process in Anjouan is known for its simplicity and transparency, making it an attractive choice for companies seeking a gambling license. Additionally, licensing fees in Anjouan are typically considered among the lowest in the industry, making this process more accessible to entrepreneurs.
It should also be noted that gambling and sports betting licenses can be issued not only to companies registered and based in Anjouan but also to companies registered in other countries. This expands opportunities for entrepreneurs looking to enter the gambling market in Anjouan, making this process even more attractive. Read more about the gaming license in Anjouan here.
If you are interested in establishing a company on the island of Anjouan and would like to receive more detailed consultation on this matter, contact the lawyers at Campio Group.
Our experienced specialists can help you develop an optimal strategy and guide you through all the stages of establishing a company in Anjouan, including obtaining a gambling license if necessary. Contact us to learn more and start your business in Anjouan.