{"id":24353,"date":"2024-12-10T21:46:13","date_gmt":"2024-12-10T19:46:13","guid":{"rendered":"https:\/\/www.pfser.com\/?page_id=24353"},"modified":"2026-10-05T13:11:10","modified_gmt":"2026-10-05T11:11:10","slug":"forex-license-in-anjouan","status":"publish","type":"page","link":"https:\/\/www.pfser.com\/en\/forex-license-in-anjouan\/","title":{"rendered":"Forex License in Anjouan"},"content":{"rendered":"<p>[vc_row el_class=&#8221;pfser-row&#8211;white&#8221; css=&#8221;.vc_custom_1605644114086{padding-top: 50px !important;padding-bottom: 25px !important;}&#8221;][vc_column][vc_column_text css=&#8221;.vc_custom_1733858828551{padding-bottom: 50px !important;}&#8221;]<\/p>\n<h2 style=\"text-align: center; color: #1b1d1f;\">Forex License in Anjouan in 2026: Status, Process and Licensed Alternatives<\/h2>\n<p>[\/vc_column_text][vc_column_text css=&#8221;.vc_custom_1733858871093{padding-bottom: 30px !important;}&#8221;]<\/p>\n<p style=\"text-align: center; margin-bottom: 20px; color: #333333;\">The Anjouan forex license is sold as the fastest and cheapest way to run a regulated brokerage. Four to eight weeks, a five-figure budget, no capital locked up locally, no resident staff. As a description of the buying process that is broadly accurate. What buyers rarely get told is what the certificate is worth the moment they try to use it.<\/p>\n<p style=\"text-align: center; margin-bottom: 0px; color: #333333;\">Private Financial Services has arranged corporate and financial licensing since 1997. This page sets out what an Anjouan authorisation actually is, the official position of the Union of the Comoros, how the application runs in practice, and which supervised jurisdictions give you comparable speed with a licence your bank will accept.<\/p>\n<p>[\/vc_column_text][vc_row_inner][vc_column_inner width=&#8221;1\/4&#8243;][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_single_image source=&#8221;external_link&#8221; alignment=&#8221;center&#8221; custom_src=&#8221;\/wp-content\/uploads\/2021\/01\/il-reg-spec.svg&#8221; el_class=&#8221;pfser-icon&#8211;width-75p-mobile&#8221; css=&#8221;.vc_custom_1613964782058{padding-bottom: 50px !important;}&#8221;][\/vc_column_inner][vc_column_inner width=&#8221;1\/4&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;pfser-row&#8211;columns&#8221; css=&#8221;.vc_custom_1605644319447{padding-top: 0px !important;padding-bottom: 30px !important;}&#8221;][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text]<\/p>\n<h3 style=\"margin-bottom: 25px; color: #1b1d1f;\">What an Anjouan forex authorisation is<\/h3>\n<p style=\"margin-bottom: 20px; color: #333333;\">Anjouan, known locally as Ndzuwani, is one of three islands that make up the Union of the Comoros, in the Mozambique Channel between Mozambique and Madagascar. It is not a separate country and has no separate central bank.<\/p>\n<p style=\"margin-bottom: 20px; color: #333333;\">The product sold under the name is a package: an <a style=\"color: #c6996f;\" href=\"\/en\/offshore-companies\/\">International Business Company<\/a> registered on Anjouan, plus a certificate issued in the name of the Anjouan Offshore Finance Authority (AOFA) and delivered through a commercial registered agent. A single Category A certificate is presented as covering spot forex, CFDs, metals, indices and, with some agents, <a style=\"color: #c6996f;\" href=\"\/en\/offshore-crypto-licenses\/\">crypto brokerage<\/a> and proprietary trading.<\/p>\n<p style=\"margin-bottom: 20px; color: #333333;\">There are no client-money segregation rules of the kind CySEC or the Mauritius FSC enforce. No leverage caps. No capital adequacy calculation that anyone verifies. No periodic reporting to a supervisor who reads it. The absence of obligations is the product being sold.<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text]<\/p>\n<h3 style=\"margin-bottom: 25px; color: #1b1d1f;\">What the Union of the Comoros says<\/h3>\n<p style=\"margin-bottom: 20px; color: #333333;\">Comorian banking law reserves the authorisation and supervision of financial institutions to the Banque Centrale des Comores (BCC). The relevant statutes date from 2013 and 2015, and they leave no room for an island-level licensing authority.<\/p>\n<p style=\"margin-bottom: 20px; color: #333333;\">On 15 June 2022 the BCC published a communiqu\u00e9 describing AOFA as a fictitious body with no power to license financial services. The Ministry of Finance republished that communiqu\u00e9 in December 2025. A December 2025 investigation by ABC News in Australia quoted the secretary-general of the Comorian financial intelligence unit saying AOFA\u2019s registered agent operates without legal basis, and World Bank and IMF reviews have described the arrangement in similar terms.<\/p>\n<p style=\"margin-bottom: 0px; color: #333333;\">One point worth separating out, because vendors blur it deliberately: the Comoros is not on the FATF grey list. That fact is about the country\u2019s national AML framework. It says nothing about whether AOFA can issue a licence, and it is regularly quoted as though it does.<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; css=&#8221;.vc_custom_1603734025783{padding-top: 50px !important;padding-bottom: 60px !important;background-color: #ba8350 !important;}&#8221; el_class=&#8221;pfser-row&#8211;colored pfser-row&#8211;vertical-center pfser-row&#8211;mobile-cols&#8221;][vc_column width=&#8221;1\/3&#8243;]\n        <div class='pfser-icon pfser-icon-clock pfser-icon--align-center'><img decoding=\"async\" src=\"https:\/\/www.pfser.com\/wp-content\/themes\/levelup\/assets\/icons\/clock.svg\" style=\"max-width:50px;width:50px;max-height:50px; height:50px;margin-bottom:30px\" alt=\"\"><\/div>\n    [vc_column_text]<\/p>\n<h2 style=\"text-align: center; margin-bottom: 0px;\">What This Means for Your Brokerage<\/h2>\n<p>[\/vc_column_text][\/vc_column][vc_column width=&#8221;2\/3&#8243;][vc_column_text]<\/p>\n<p style=\"margin-bottom: 20px; color: #ffffff;\">A licence is not a certificate. It is a relationship with a supervisor that third parties can verify. Four consequences follow from the Comorian position, and every broker holding an Anjouan certificate meets all four sooner or later.<\/p>\n<p style=\"margin-bottom: 20px; color: #ffffff;\"><strong>Banking and payments.<\/strong> Tier-one banks decline on sight. Most tier-two banks and serious EMIs run a regulator-verification step that an AOFA certificate fails, because there is no supervisory register a compliance officer can query. What remains is high-risk card acquiring at four to eight per cent with rolling reserves, or nothing. This is the constraint that kills most projects, and it is usually discovered after the licence has been paid for.<\/p>\n<p style=\"margin-bottom: 20px; color: #ffffff;\"><strong>Liquidity and technology.<\/strong> Prime brokers and the major platform vendors tightened onboarding through 2024 and 2025. Several now decline Comoros-issued paper outright, which leaves you with B-book-only arrangements and weaker pricing.<\/p>\n<p style=\"margin-bottom: 20px; color: #ffffff;\"><strong>Client acquisition.<\/strong> Financial services certification on Google Ads, Meta and the larger affiliate networks requires a recognised regulator. In most markets you cannot legally advertise a forex brand on paid channels with an AOFA certificate, which pushes acquisition toward channels that carry their own regulatory risk.<\/p>\n<p style=\"margin-bottom: 0px; color: #ffffff;\"><strong>Legal exposure.<\/strong> The certificate does not authorise you to solicit clients in the EU, UK, United States, Canada, Australia, Japan or Singapore. It never did. And a licence from a body the host state says cannot issue licences gives you no defence if a regulator in a client\u2019s country takes an interest. If a licence is the objective rather than the wrapper, start from <a style=\"color: #ffffff;\" href=\"\/en\/licensing\/\">our financial licensing practice<\/a>.<\/p>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; el_class=&#8221;pfser-row&#8211;colored&#8221; css=&#8221;.vc_custom_1605667909514{padding-top: 50px !important;padding-bottom: 60px !important;background-color: #1b1d1f !important;}&#8221;][vc_column text_color=&#8221;#fafafa&#8221;]\n        <div class='pfser-icon pfser-icon-advantage pfser-icon--align-center'><img decoding=\"async\" src=\"https:\/\/www.pfser.com\/wp-content\/themes\/levelup\/assets\/icons\/advantage.svg\" style=\"max-width:-1px;width:-1px;max-height:100px; height:100px;margin-bottom:30px\" alt=\"\"><\/div>\n    [vc_column_text css=&#8221;.vc_custom_1733859030977{padding-bottom: 50px !important;}&#8221;]<\/p>\n<h2 style=\"text-align: center; color: #fafafa;\">How the Anjouan Process Actually Works<\/h2>\n<p>[\/vc_column_text][vc_column_text css=&#8221;.vc_custom_1733859068310{padding-bottom: 50px !important;}&#8221;]<\/p>\n<p style=\"margin-bottom: 20px; color: #fafafa;\">Stripped of the marketing, the sequence is short and the same everywhere.<\/p>\n<div class=\"pfser-list pfser-list--leo-head\">\n<div class=\"pfser-list__container\">\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p style=\"color: #fafafa;\"><strong>Company.<\/strong> An International Business Company is <a style=\"color: #c6996f;\" href=\"\/en\/company-registration\/\">incorporated on Anjouan<\/a> through a licensed registered agent: name approval, memorandum and articles, registered agent and registered address. Incorporation is remote and takes a few days.<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p style=\"color: #fafafa;\"><strong>Due diligence.<\/strong> Notarised passport copies, proof of residential address, police clearance certificates and CVs for every shareholder, director and beneficial owner. A banker\u2019s reference is usually requested. This part is real, and files do get rejected on it.<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p style=\"color: #fafafa;\"><strong>Application file.<\/strong> Business plan, ownership chart running up to the natural persons, an AML and counter-terrorist financing manual, and evidence of source of funds. Most agents supply templates. Template AML manuals are also the first thing a correspondent bank identifies later.<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p style=\"color: #fafafa;\"><strong>Fees.<\/strong> The agent fee plus the authority\u2019s charge. Published quotes for the identical deliverable run from roughly USD 14,000 to over EUR 25,000, which tells you the price is set by what the buyer will bear rather than by any published schedule.<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\">\n<div class=\"wpb_wrapper\">\n<p style=\"color: #fafafa;\"><strong>Issue.<\/strong> A certificate under a category code, commonly A for full brokerage and B for a restricted scope. The stated review window is around thirty days. Four to twelve weeks end to end is realistic once document chasing is counted.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p style=\"margin-top: 40px; margin-bottom: 20px; color: #fafafa;\">Now compare three vendor pages side by side. One states USD 50,000 of paid-up capital. The next states none. A third substitutes a security bond. A local office is mandatory on one page and unmentioned on the following one. Timelines range from two weeks to four months for the same certificate.<\/p>\n<p style=\"margin-bottom: 0px; color: #fafafa;\">Where a statutory supervisor exists, requirements sit in a published rulebook and do not change according to who is selling. The inconsistency is not sloppy copywriting. It is what you see when nobody is enforcing a standard.<\/p>\n<p>[\/vc_column_text][vc_separator color=&#8221;#ba8350&#8243; width_in_percentages=&#8221;yes&#8221; css=&#8221;.vc_custom_1630293450145{margin-top: 75px !important;margin-bottom: 80px !important;}&#8221;][vc_row_inner el_class=&#8221;pfser-row&#8211;not-mobile-flex-center&#8221;][vc_column_inner width=&#8221;1\/3&#8243;]\n        <div class='pfser-icon pfser-icon-license pfser-icon--align-center'><div class='pfser-icon__image' style='max-width:95px;width:95px;max-height:80px; height:80px;margin-bottom:30px'><?xml version=\"1.0\" encoding=\"UTF-8\"?>\n<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"140\" height=\"200\" viewBox=\"0 0 140 200\"><g fill=\"none\" fill-rule=\"evenodd\"><g fill=\"#C6996F\" fill-rule=\"nonzero\"><path d=\"M136.667 0H3.333C1.493 0 0 1.492 0 3.333v170c0 1.841 1.492 3.334 3.333 3.334h5.3l-1 .966c-1.03 1.03-1.273 2.609-.6 3.9.66 1.286 2.074 1.999 3.5 1.767l15.4-2.567-2.6 15.4c-.157 1.37.546 2.695 1.767 3.334.473.298 1.01.48 1.567.533.886.005 1.737-.343 2.366-.967l22.334-22.366h37.266l22.334 22.366c.629.624 1.48.972 2.366.967.532-.006 1.056-.132 1.534-.367 1.221-.639 1.923-1.963 1.766-3.333l-2.566-15.4 15.4 2.567c1.37.157 2.694-.546 3.333-1.767.674-1.291.43-2.87-.6-3.9l-1-.967h5.467c1.84 0 3.333-1.492 3.333-3.333V3.333C140 1.493 138.508 0 136.667 0zm-104.3 174.3c-.76-.76-1.84-1.108-2.9-.933L19.7 175l24.467-24.467 8.666 3.334 3.334 8.666-24.5 24.434 1.666-9.767c.166-1.066-.194-2.147-.966-2.9zm20.4-39.467l-4.334-6.666 8.234-2.967c.98-.363 1.732-1.166 2.033-2.167L61 115.1l7.333 4.433c1.09.69 2.478.69 3.567 0l6.667-4.333 2.9 8.133c.338.892 1.042 1.595 1.933 1.934l8.167 3.1-4.334 6.666c-.732 1.113-.732 2.555 0 3.667l4.334 6.667-8.234 2.766c-.89.339-1.595 1.042-1.933 1.934l-3.1 8.166-6.667-4.333c-1.112-.733-2.554-.733-3.666 0l-6.667 4.333L58.533 150c-.338-.891-1.042-1.595-1.933-1.933l-8.167-3.1 4.334-6.667c.648-1.065.648-2.402 0-3.467zM58.033 170l4.1-4.067L70 160.667l7.867 5.266 4.1 4.067H58.033zm52.5 3.333c-1.073-.191-2.171.154-2.942.925-.77.77-1.116 1.87-.924 2.942l1.633 9.767L83.833 162.5l3.334-8.667 8.666-3.333 24.467 24.467-9.767-1.634zm22.8-3.333H124.7l-25.433-25.467L94 136.667l5.433-8.167c.563-.845.71-1.9.4-2.867-.311-.968-1.047-1.742-2-2.1L87.167 119.5l-4.034-10.667c-.358-.952-1.131-1.688-2.1-2-.966-.31-2.022-.163-2.866.4l-8.167 5.5-9.333-5.6c-.889-.528-1.973-.614-2.934-.233-.954.38-1.68 1.18-1.966 2.167l-3.067 10.5-10.533 3.966c-.953.358-1.689 1.132-2 2.1-.31.967-.163 2.022.4 2.867L46 136.667l-5.267 7.866L15.3 170H6.667V6.667h126.666V170z\" fill=\"#c6996f\"\/><path d=\"M16.667 160H20c1.84 0 3.333-1.492 3.333-3.333 0-1.841-1.492-3.334-3.333-3.334V20h100v133.333c-1.84 0-3.333 1.493-3.333 3.334 0 1.84 1.492 3.333 3.333 3.333h3.333c1.841 0 3.334-1.492 3.334-3.333v-140c0-1.841-1.493-3.334-3.334-3.334H16.667c-1.841 0-3.334 1.493-3.334 3.334v140c0 1.84 1.493 3.333 3.334 3.333z\" fill=\"#c6996f\"\/><path d=\"M83.333 40c0-7.364-5.97-13.333-13.333-13.333-7.364 0-13.333 5.97-13.333 13.333 0 7.364 5.97 13.333 13.333 13.333 7.364 0 13.333-5.97 13.333-13.333zm-20 0c0-3.682 2.985-6.667 6.667-6.667s6.667 2.985 6.667 6.667-2.985 6.667-6.667 6.667-6.667-2.985-6.667-6.667zM103.333 60H36.667c-1.841 0-3.334 1.492-3.334 3.333 0 1.841 1.493 3.334 3.334 3.334h66.666c1.841 0 3.334-1.493 3.334-3.334 0-1.84-1.493-3.333-3.334-3.333zM103.333 73.333H36.667c-1.841 0-3.334 1.493-3.334 3.334 0 1.84 1.493 3.333 3.334 3.333h66.666c1.841 0 3.334-1.492 3.334-3.333 0-1.841-1.493-3.334-3.334-3.334zM103.333 86.667H36.667c-1.841 0-3.334 1.492-3.334 3.333 0 1.84 1.493 3.333 3.334 3.333h66.666c1.841 0 3.334-1.492 3.334-3.333 0-1.84-1.493-3.333-3.334-3.333zM103.333 100H90c-1.84 0-3.333 1.492-3.333 3.333 0 1.841 1.492 3.334 3.333 3.334h13.333c1.841 0 3.334-1.493 3.334-3.334 0-1.84-1.493-3.333-3.334-3.333zM50 100H36.667c-1.841 0-3.334 1.492-3.334 3.333 0 1.841 1.493 3.334 3.334 3.334H50c1.84 0 3.333-1.493 3.333-3.334 0-1.84-1.492-3.333-3.333-3.333zM70.467 150c3.654.033 7.068-1.819 9.033-4.9.976-1.565.498-3.624-1.067-4.6-1.564-.976-3.624-.498-4.6 1.067-.733 1.123-1.992 1.79-3.333 1.766-1.978.134-3.691-1.356-3.833-3.333v-6.667c.142-1.963 1.835-3.448 3.8-3.333 1.34-.023 2.6.644 3.333 1.767.631 1.012 1.754 1.61 2.947 1.57 1.192-.04 2.272-.714 2.833-1.767.561-1.052.518-2.324-.113-3.337-1.96-3.07-5.358-4.921-9-4.9-5.645-.112-10.321 4.356-10.467 10V140c.146 5.644 4.822 10.112 10.467 10z\" fill=\"#c6996f\"\/><\/g><\/g><\/svg>\n<\/div><\/div>\n    [vc_column_text css=&#8221;.vc_custom_1733859117044{margin-bottom: 20px !important;}&#8221;]<\/p>\n<h2 style=\"text-align: center; color: #fafafa;\">Who Regulates What in the Comoros<\/h2>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;2\/3&#8243;][vc_column_text]<\/p>\n<p style=\"margin-bottom: 20px; color: #fafafa;\">Four names come up in this market and they are not equivalent.<\/p>\n<div class=\"pfser-list pfser-list--leo-head\">\n<div class=\"pfser-list__container\">\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p style=\"color: #fafafa;\"><strong>Banque Centrale des Comores (BCC).<\/strong> The only body empowered under the 2013 and 2015 banking laws to authorise and supervise financial institutions across the Union of the Comoros, Anjouan included. It has not issued a retail forex brokerage licence to an international broker.<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p style=\"color: #fafafa;\"><strong>Anjouan Offshore Finance Authority (AOFA).<\/strong> Presents itself as the island\u2019s offshore financial regulator and issues the certificates sold worldwide. The central bank\u2019s published position on it is set out above.<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p style=\"color: #fafafa;\"><strong>Mwali International Services Authority (MISA).<\/strong> The equivalent body on Moh\u00e9li, selling a near-identical product under a different island name. The same objection applies, and brokers refused on an AOFA certificate are frequently offered a MISA one as the fix. The island authorities market <a style=\"color: #c6996f;\" href=\"\/en\/anjouan-gambling-license\/\">gaming certificates<\/a> on the same basis, and the position there is identical.<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\">\n<div class=\"wpb_wrapper\">\n<p style=\"color: #fafafa;\"><strong>Registered agents.<\/strong> The commercial intermediaries who actually take your money and file your documents. Your contract is with an agent. It is not with a supervisor, and it carries none of the protections that implies.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; css=&#8221;.vc_custom_1605655412485{padding-top: 50px !important;padding-bottom: 60px !important;}&#8221;][vc_column][vc_column_text css=&#8221;.vc_custom_1733859141421{margin-bottom: 30px !important;}&#8221;]<\/p>\n<h2 class=\"text-gold\" style=\"text-align: center;\">Licensed Alternatives Your Bank Will Recognise<\/h2>\n<p>[\/vc_column_text][vc_row_inner equal_height=&#8221;yes&#8221; el_class=&#8221;max-w-1140 xs-flex-column grid-gap-25&#8243;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;h-100p-c&#8221; width=&#8221;1\/2&#8243;][vc_single_image source=&#8221;external_link&#8221; alignment=&#8221;center&#8221; custom_src=&#8221;\/wp-content\/uploads\/2021\/01\/ill-reg-legal.svg&#8221; el_class=&#8221;h-100p display-flex xs-pb-30 align-center xs-justify-center&#8221;][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text]<\/p>\n<p style=\"margin-bottom: 20px; color: #333333;\">Every jurisdiction below has a statutory regulator, a public register and a supervisory relationship a compliance officer can verify in minutes. That is the whole difference, and it is the difference that decides whether you can bank.<\/p>\n<div class=\"pfser-list pfser-list--leo-head\">\n<div class=\"pfser-list__container\">\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p style=\"color: #333333;\"><strong>Mauritius.<\/strong> Investment Dealer licence from the Financial Services Commission, a statutory regulator with a public register and an IOSCO relationship. Capital from USD 18,500 depending on category, a resident director and local substance, three to six months. This is the usual answer for a broker who needs a licence banks accept without EU-level cost. See <a style=\"color: #c6996f;\" href=\"\/en\/forex-license-in-mauritius\/\">forex licensing in Mauritius<\/a>.<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p style=\"color: #333333;\"><strong>Seychelles.<\/strong> Securities Dealer licence from the Financial Services Authority. USD 50,000 minimum capital, two resident directors, a physical local office, three to six months. Stronger bank acceptance than Anjouan at a fraction of the Cyprus cost.<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p style=\"color: #333333;\"><strong>Labuan, Malaysia.<\/strong> Money Broking licence from Labuan FSA. MYR 500,000 paid-up capital, an operating office in Labuan, and three per cent corporate tax on audited net profits. Well regarded across Asian banking relationships.<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p style=\"color: #333333;\"><strong>Vanuatu.<\/strong> Dealers in Securities licence from the VFSC. Cheaper than Mauritius and weaker on banking, but a genuine statutory regulator with a verifiable register, which is the distinction that matters here.<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\" style=\"margin-bottom: 30px;\">\n<div class=\"wpb_wrapper\">\n<p style=\"color: #333333;\"><strong>Cyprus.<\/strong> Cyprus Investment Firm authorisation from CySEC under MiFID II, with passporting into all 27 EU member states. EUR 75,000 to 750,000 capital depending on the permissions. Nine to eighteen months and the most demanding file of the group. Often paired with <a style=\"color: #c6996f;\" href=\"\/en\/company-formation-in-cyprus\/\">a Cyprus holding structure<\/a>.<\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element pfser-list__item\">\n<div class=\"wpb_wrapper\">\n<p style=\"color: #333333;\"><strong>United Arab Emirates.<\/strong> Securities and Commodities Authority on the mainland, or ADGM and DIFC in the financial free zones. Expensive, slow and increasingly the jurisdiction institutional counterparties prefer to see.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p style=\"margin-top: 40px; margin-bottom: 20px; color: #333333;\">One thing to be clear about: there is no conversion path. An AOFA certificate cannot be upgraded, exchanged or recognised anywhere. Moving to a supervised jurisdiction means a new company, a new application and a new file built from scratch. Budget three to six months, and build the compliance documentation the regulator will actually read rather than the minimum an agent will accept.<\/p>\n<p style=\"margin-bottom: 0px; color: #333333;\">If the model carries crypto alongside FX, the licensing map is a different one. Start from <a style=\"color: #c6996f;\" href=\"\/en\/offshore-crypto-licenses\/\">the non-EU crypto licensing options<\/a>, look at <a style=\"color: #c6996f;\" href=\"\/en\/crypto-license-in-mauritius\/\">crypto licensing in Mauritius<\/a> where you want both permissions under a single regulator, and at <a style=\"color: #c6996f;\" href=\"\/en\/cryptocurrency-and-blockchain\/how-to-get-the-mica-license-a-comprehensive-guide-for-crypto-businesses\/\">MiCA authorisation<\/a> if European clients are in scope at all.<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_separator color=&#8221;#ba8350&#8243; width_in_percentages=&#8221;yes&#8221; css=&#8221;.vc_custom_1630365044273{margin-top: 90px !important;margin-bottom: 80px !important;}&#8221;]\n        <div class='pfser-icon pfser-icon-info pfser-icon--align-center'><img decoding=\"async\" src=\"https:\/\/www.pfser.com\/wp-content\/themes\/levelup\/assets\/icons\/info.svg\" style=\"max-width:-1px;width:-1px;max-height:100px; height:100px;margin-bottom:30px\" alt=\"\"><\/div>\n    [vc_column_text css=&#8221;.vc_custom_1733859200642{padding-bottom: 50px !important;}&#8221;]<\/p>\n<h2 style=\"text-align: center; color: #1b1d1f;\">Costs, Taxation and What to Do If You Already Hold One<\/h2>\n<p>[\/vc_column_text][vc_row_inner][vc_column_inner width=&#8221;1\/6&#8243;][\/vc_column_inner][vc_column_inner width=&#8221;2\/3&#8243;][vc_column_text]<\/p>\n<h3 style=\"margin-bottom: 25px; color: #1b1d1f;\">The cost comparison nobody runs properly<\/h3>\n<p style=\"margin-bottom: 20px; color: #333333;\">Anjouan is quoted at USD 14,000 to EUR 25,000 including the company. Seychelles runs USD 30,000 to 45,000 in year one with capital on top. Mauritius lands between USD 35,000 and 60,000. Cyprus starts around EUR 80,000 and rises with permissions.<\/p>\n<p style=\"margin-bottom: 20px; color: #333333;\">Set against those numbers, Anjouan looks decisive. The comparison is wrong, because the licence fee is not the cost. The cost is everything you spend to reach your first settled client payment. A brokerage that cannot open a bank account, cannot obtain card acquiring at a workable rate and cannot advertise has spent USD 20,000 to arrive nowhere, and then spends the Mauritius budget anyway a year later. We have run that remediation often enough to price it: redoing it costs more than doing it once.<\/p>\n<h3 style=\"margin-top: 45px; margin-bottom: 25px; color: #1b1d1f;\">Taxation<\/h3>\n<p style=\"margin-bottom: 20px; color: #333333;\">An Anjouan IBC is exempt from local tax on foreign-source income, with no corporate income tax, capital gains tax or withholding on distributions, and no local audit or accounts filing. All of that is accurate and all of it is close to worthless if the entity cannot hold a bank account.<\/p>\n<p style=\"margin-bottom: 20px; color: #333333;\">The part left out of most pages matters more. Your own country of residence taxes you regardless. Controlled foreign company rules attribute the profits of a low-taxed foreign entity to its controllers in most of Europe, and place-of-effective-management tests can make the company tax-resident wherever the director actually sits. An Anjouan company run from Warsaw or Dubai is assessed on that reality, not on its certificate of incorporation. We look at both sides before recommending a structure, which sometimes means telling clients the plan does not work. See <a style=\"color: #c6996f;\" href=\"\/en\/offshore-companies\/international-tax-planning\/\">international tax planning<\/a>.<\/p>\n<p style=\"margin-bottom: 20px; color: #333333;\">There is a second-order point on transparency. The Comoros is not a Common Reporting Standard participating jurisdiction. A decade ago that was the selling point. Today an account application from a non-CRS jurisdiction routes straight into enhanced due diligence at every serious institution, so the feature has inverted into a cost.<\/p>\n<h3 style=\"margin-top: 45px; margin-bottom: 25px; color: #1b1d1f;\">If you already hold an Anjouan licence<\/h3>\n<p style=\"margin-bottom: 20px; color: #333333;\">You are not in an emergency, but you should not wait for the bank to make the decision for you. What we do, in order: assess where the current structure is genuinely exposed, whether that is client jurisdictions, payment rails or marketing claims; correct any statement on your website that describes AOFA as a regulator of the Union of the Comoros, because that is the claim that creates liability; select the replacement jurisdiction against your actual client base; then run the new application while the existing operation continues, and migrate clients in a controlled sequence rather than all at once.<\/p>\n<p style=\"margin-bottom: 0px; color: #333333;\">Brokers who plan the move keep their clients. Brokers who wait for a payment processor to terminate them lose the book along with the licence.<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/6&#8243;][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; css=&#8221;.vc_custom_1604093814111{padding-top: 50px !important;padding-bottom: 60px !important;background-color: #ba8350 !important;}&#8221;][vc_column text_color=&#8221;#fafafa&#8221;][vc_column_text css=&#8221;.vc_custom_1733859239311{margin-bottom: 50px !important;}&#8221;]<\/p>\n<h3 style=\"text-align: center; margin-bottom: 0px;\">How Private Financial Services Can Help<\/h3>\n<p>[\/vc_column_text][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;1\/2&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZCUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]<\/p>\n<p style=\"color: #ffffff; margin-bottom: 0px;\">An honest assessment of whether an Anjouan authorisation fits your model, before you pay for one<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;1\/2&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZCUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]<\/p>\n<p style=\"color: #ffffff; margin-bottom: 0px;\">Anjouan IBC incorporation and AOFA application where you decide to proceed with the risks disclosed in writing<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;1\/2&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZCUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]<\/p>\n<p style=\"color: #ffffff; margin-bottom: 0px;\">Investment Dealer licensing in Mauritius through the Financial Services Commission<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;1\/2&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZCUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]<\/p>\n<p style=\"color: #ffffff; margin-bottom: 0px;\">Securities Dealer licensing in Seychelles and Money Broking licensing in Labuan<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;1\/2&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZCUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]<\/p>\n<p style=\"color: #ffffff; margin-bottom: 0px;\">Cyprus Investment Firm authorisation under MiFID II, with EU passporting<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;1\/2&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZCUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]<\/p>\n<p style=\"color: #ffffff; margin-bottom: 0px;\">Migration of existing Anjouan and Mwali brokerages to a supervised jurisdiction, with the client book preserved<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;1\/2&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZCUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]<\/p>\n<p style=\"color: #ffffff; margin-bottom: 0px;\">Corporate structuring, holding companies and placement of intellectual property<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;1\/2&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZCUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]<\/p>\n<p style=\"color: #ffffff; margin-bottom: 0px;\">AML and CFT manuals, risk assessments and compliance policies written for the specific regulator, not from a template<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;1\/2&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZCUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]<\/p>\n<p style=\"color: #ffffff; margin-bottom: 0px;\">Business plans and financial projections in the format the regulator expects<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;1\/2&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZCUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]<\/p>\n<p style=\"color: #ffffff; margin-bottom: 0px;\">Corporate bank accounts, EMI accounts and payment processing introductions<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;1\/2&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZCUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]<\/p>\n<p style=\"color: #ffffff; margin-bottom: 0px;\">Resident directors, registered office and local substance arrangements<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;1\/2&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZCUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]<\/p>\n<p style=\"color: #ffffff; margin-bottom: 0px;\">Ongoing accounting, audit coordination and regulatory reporting<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/4&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_column_text css=&#8221;.vc_custom_1733859286393{margin-bottom: 50px !important;padding-top: 15px !important;}&#8221;]<\/p>\n<h3 style=\"text-align: center; margin-bottom: 0px;\">We will tell you when a licence cannot do what you need it to do. That conversation costs nothing and saves more than any discount.<\/h3>\n<p>[\/vc_column_text]\n        <div class='pfser-icon pfser-icon-logo pfser-icon--align-center'><div class='pfser-icon__image' style='max-width:200px;width:100%'><?xml version=\"1.0\" encoding=\"UTF-8\"?>\n<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"400\" height=\"120\" viewBox=\"0 0 400 120\"><defs><linearGradient id=\"prefix__a\" x1=\"38.359%\" x2=\"50%\" y1=\"46.425%\" y2=\"52.205%\"><stop offset=\"0%\" stop-color=\"#FFF\"\/><stop offset=\"100%\" stop-color=\"#AAA7BA\"\/><\/linearGradient><\/defs><path fill=\"#ffffff\" d=\"M144.304 11.154s-8.101 0-9.874.253c-1.772.253-2.531.76-2.531.76l-3.545 3.797 12.659-1.266c-.254-.253 1.519-3.038 3.29-3.544zm68.354 97.455c7.595 0 15.19.253 22.785.253-.253-1.012-.506-3.29 1.013-4.05 1.519-.506 3.038-.76 3.038-.76l3.29.507 4.558.506s.76-.506.76-2.531c.252-2.025-.507-5.316-3.039-6.834-2.531-1.52-9.62-7.341-14.43-12.15-4.05-4.05-10.38-13.67-11.14-20.251-.759-7.594-.759-10.632-.759-10.632s-2.785 11.391-1.772 13.923c-2.278-.254-5.063 1.012-9.62 3.037-7.848 3.544-11.646 7.34-20 10.378-8.355 3.038-18.734 1.52-18.734 1.52s1.519-1.013 2.531-3.545c.76-2.53.76-6.328.76-6.328s-.76 3.038-4.05 7.088c-2.786 3.544-19.241 25.313-21.267 25.82-1.519.505-3.038 3.543-3.544 4.809 6.582-.254 13.165-.254 19.747-.507.253-1.012.76-2.025 1.266-2.531 1.519-1.266 8.354-1.266 8.354-1.266s1.772-3.543.253-7.34c-1.519-4.05-4.05-9.366-4.05-14.176 0 0 4.81.76 9.62.253 5.063-.506 9.114-1.518 9.114-1.518s-2.785 4.81-3.798 4.81c-1.012 0-2.025.505-2.025 1.518 0 1.012 2.025 7.34 3.544 9.113 1.52 1.771.507 7.34.507 7.34-2.026.253-5.823 1.266-6.33 3.544h14.684c.253-.76.506-1.519.76-2.025.506-1.012 5.063-2.025 6.329-2.025 1.265 0 4.303-1.012 4.303-1.012l7.09-8.607s-.254-2.531-2.533-5.569c-3.29-4.556-8.354-8.1-5.316-14.934 0 0 6.835-4.05 8.86-4.557 2.026-.506 4.051 0 5.57 1.52 1.52 1.518 4.051 6.327 5.064 7.593 1.012 1.266 3.797 5.316 3.797 5.316s-2.025 8.1-2.278 9.872l-.507 3.544-10.126 8.1s-2.279 1.265-2.532 2.531l.253.253zm40.507.76C305.063 110.887 354.43 114.43 400 120c-63.544-3.797-130.633-5.822-200-5.822-69.367 0-136.456 2.025-200 5.822 38.987-4.81 80.76-8.1 124.557-9.872 0-.506 1.266-4.81 2.532-5.316 1.265-.506 10.38-.506 10.38-.506s7.088-24.047 11.139-31.641c1.519-3.038 2.784-6.329 4.05-9.113-2.278 2.278-4.557 4.81-6.076 7.088-5.063 7.34-7.341 13.162-7.341 13.162s-3.798-27.59-11.14-37.463l9.114-5.822 5.317-5.062c.506.253 2.784 1.012 7.088 4.303 5.317 3.544 8.355 10.631 8.355 10.631s-.76-4.303-3.038-7.847c-2.026-3.037-8.608-7.847-10.38-9.112l1.519-1.52h.253l.253-.252 8.102-3.291.253-.506 1.519-6.075s8.354 4.81 14.43 7.087c5.823 2.278 8.608 4.05 12.405 4.557-2.025 5.568-5.57 11.39-12.658 14.934 1.772-.506 3.544-1.265 5.316-2.025 2.279-1.265 4.81-3.544 6.076-5.062 1.772 1.012 4.304 2.025 7.342 2.025 11.646.253 13.671-2.785 25.57-5.822 9.114-2.279 18.48-.253 25.063 6.075 2.785-.253 6.076-.506 7.089-1.266 2.278-1.519 4.557-8.1-.254-14.175-4.557-6.075-14.936-6.582-33.417-2.025-18.228 4.556-27.089-6.075-24.81-15.694C190.886.775 203.038-.743 216.203.27c12.91 1.265 25.822 6.834 25.822 6.834s1.52-.253 4.81-2.025c3.292-2.025 11.393 1.772 15.95 4.303 4.81 2.532 11.645.76 11.645.76s-8.354 8.86-17.468 8.353c-9.114-.506-9.873-2.531-16.203-7.847-6.329-5.063-22.531-8.607-38.227-6.075-15.697 2.531-8.608 17.972 4.05 17.466 12.659-.507 21.266-8.354 36.962-2.785 15.697 5.822 15.443 17.213 12.152 23.288-2.025 4.05-7.595 6.329-10.886 7.594v.253c5.823 11.391 4.05 25.82 5.823 33.16 1.772 7.341 7.342 14.429 7.342 14.429s1.012 2.784.253 4.81c-.76 2.024-1.772 2.784-3.038 3.29-.76.76-1.772 2.784-2.025 3.29zM141.519 15.457s4.557-3.797 5.316-4.05c.76-.253 16.203 3.291 21.013 5.063 1.013 2.784 7.089 10.631 11.646 13.922-6.33-.76-14.937-6.075-20.76-8.606v-3.291l-1.012-1.013h-13.418l-2.785-2.025zm-37.215 16.96l-.253 1.266 2.025 2.025 3.291 3.544 1.266.759 3.038.76-1.266-2.532 3.798-2.784 2.784 3.037 1.266 4.303-3.797 2.532-1.772-.253-.507-1.52h-.76l.254 3.545s.506 1.518 1.013 2.278c.506.76 2.784 5.315 2.784 5.315l4.304-3.037.253-3.29 14.178-8.86 8.86-8.354 8.861-3.543L155.95 19h-12.405l-3.797-3.544-19.494 2.532-2.025 4.05s-6.33 4.81-8.101 5.569c-1.773.759-5.823 4.81-5.823 4.81zm17.468-6.834l2.025-2.532 6.076-1.012-5.57 3.797-2.53-.253z\"\/><\/svg>\n<\/div><\/div>\n    [\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; css=&#8221;.vc_custom_1601767431615{padding-top: 50px !important;padding-bottom: 60px !important;background-color: #1b1d1f !important;}&#8221; el_class=&#8221;pfser-row&#8211;colored&#8221;][vc_column][vc_custom_heading text=&#8221;Get a personal offer!&#8221; google_fonts=&#8221;font_family:Open%20Sans%3A300%2C300italic%2Cregular%2Citalic%2C600%2C600italic%2C700%2C700italic%2C800%2C800italic|font_style:300%20light%20regular%3A300%3Anormal&#8221; font_container=&#8221;tag:h2|text_align:center&#8221; el_class=&#8221;form-dark__title color&#8211;white&#8221;][vc_row_inner el_class=&#8221;form-dark&#8221;][vc_column_inner]<div class=\"pfser-form-shortcode pfser-form-shortcode--fill\"data-fill-value=\"Forex Broker License in Anjouan\" data-fill-field=\"Country\"><div role=\"form\" class=\"wpcf7\" id=\"wpcf7-f17358-o1\" lang=\"en-US\" dir=\"ltr\">\n<div class=\"screen-reader-response\"><p role=\"status\" aria-live=\"polite\" aria-atomic=\"true\"><\/p> <ul><\/ul><\/div>\n<form action=\"\/en\/wp-json\/wp\/v2\/pages\/24353#wpcf7-f17358-o1\" method=\"post\" class=\"wpcf7-form init\" novalidate=\"novalidate\" data-status=\"init\">\n<div style=\"display: none;\">\n<input type=\"hidden\" name=\"_wpcf7\" value=\"17358\" \/>\n<input type=\"hidden\" name=\"_wpcf7_version\" value=\"5.4.2\" \/>\n<input type=\"hidden\" name=\"_wpcf7_locale\" value=\"en_US\" \/>\n<input type=\"hidden\" name=\"_wpcf7_unit_tag\" value=\"wpcf7-f17358-o1\" \/>\n<input type=\"hidden\" name=\"_wpcf7_container_post\" value=\"0\" \/>\n<input type=\"hidden\" name=\"_wpcf7_posted_data_hash\" value=\"\" \/>\n<\/div>\n<p><input type=\"hidden\" name=\"additional-data\" \/><\/p>\n<div class='superform superform--dark'>\n<div>\n<p><span class=\"wpcf7-form-control-wrap client-name\"><input type=\"text\" name=\"client-name\" value=\"\" size=\"40\" class=\"wpcf7-form-control wpcf7-text wpcf7-validates-as-required\" aria-required=\"true\" aria-invalid=\"false\" placeholder=\"Name\" \/><\/span><\/p>\n<\/div>\n<div>\n<p><span class=\"wpcf7-form-control-wrap client-phone\"><input type=\"tel\" name=\"client-phone\" value=\"\" size=\"40\" class=\"wpcf7-form-control wpcf7-text wpcf7-tel wpcf7-validates-as-required wpcf7-validates-as-tel\" aria-required=\"true\" aria-invalid=\"false\" placeholder=\"Phone\" \/><\/span> <\/p>\n<\/div>\n<div>\n<p><span class=\"wpcf7-form-control-wrap client-email\"><input type=\"email\" name=\"client-email\" value=\"\" size=\"40\" class=\"wpcf7-form-control wpcf7-text wpcf7-email wpcf7-validates-as-required wpcf7-validates-as-email\" aria-required=\"true\" aria-invalid=\"false\" placeholder=\"E-mail\" \/><\/span> <\/p>\n<\/div>\n<div>\n<div class='sendis'>\n<p class=\"sendis-ov sendis-ov--en\"><input type=\"submit\" value=\"Send request\" class=\"wpcf7-form-control wpcf7-submit\" \/><span class=\"shiney\"><\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"wpcf7-response-output\" aria-hidden=\"true\"><\/div><\/form><\/div><\/div>[\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row][vc_column][vc_toggle title=&#8221;Is the Anjouan forex license legitimate?&#8221;]<\/p>\n<p style=\"color: #333333;\">Not as a licence issued by the Union of the Comoros. Comorian banking law from 2013 and 2015 reserves the authorisation of financial institutions to the Banque Centrale des Comores, and on 15 June 2022 the BCC published a communiqu\u00e9 describing the Anjouan Offshore Finance Authority as a fictitious body with no power to license financial services. The Ministry of Finance republished that communiqu\u00e9 in December 2025.<\/p>\n<p style=\"color: #333333;\">The certificate physically exists and the agent who sells it is a real company. What it does not carry is recognition from the state whose name appears on it, which is the only thing a bank, a prime broker or a payment processor checks.<\/p>\n<p>[\/vc_toggle][vc_toggle title=&#8221;Can I open a corporate bank account with an Anjouan forex license?&#8221;]<\/p>\n<p style=\"color: #333333;\">With a tier-one bank, no. With most serious tier-two banks and regulated EMIs, no, because their onboarding includes a regulator-verification step and there is no supervisory register to verify against. What remains available is high-risk card acquiring at four to eight per cent with rolling reserves, and a shrinking set of institutions willing to take Comoros-issued paper at all.<\/p>\n<p style=\"color: #333333;\">This is the single most common reason brokers come to us after buying an Anjouan licence rather than before. Banking should be tested at the planning stage, not after the certificate is paid for.<\/p>\n<p>[\/vc_toggle][vc_toggle title=&#8221;How much does an Anjouan forex license cost and how long does it take?&#8221;]<\/p>\n<p style=\"color: #333333;\">Published quotes run from about USD 14,000 to over EUR 25,000 for the same deliverable, normally including the IBC. The stated review window is around thirty days; four to twelve weeks end to end is realistic once document collection and follow-up requests are counted.<\/p>\n<p style=\"color: #333333;\">The spread in pricing is itself informative. Where a statutory regulator sets fees, they are published and identical for everyone.<\/p>\n<p>[\/vc_toggle][vc_toggle title=&#8221;Is the Comoros on the FATF grey list?&#8221;]<\/p>\n<p style=\"color: #333333;\">No. The Comoros is not on the FATF list of jurisdictions under increased monitoring. Vendors quote this correctly and then use it to imply something it does not support.<\/p>\n<p style=\"color: #333333;\">Grey-listing concerns a country\u2019s national anti-money-laundering framework. It has no bearing on whether a particular body inside that country is empowered to issue financial services licences. On that separate question, the Comorian central bank has stated its position publicly.<\/p>\n<p>[\/vc_toggle][vc_toggle title=&#8221;Can an Anjouan license be converted into a Mauritius or Seychelles license?&#8221;]<\/p>\n<p style=\"color: #333333;\">No. There is no conversion, upgrade or recognition path from an AOFA certificate to any supervised jurisdiction. Moving means a new company, a new application and a full file built to that regulator\u2019s standard.<\/p>\n<p style=\"color: #333333;\">Plan for three to six months for Mauritius or Seychelles, longer for Cyprus. Operating history helps the application, but the licence itself carries no weight with the new regulator.<\/p>\n<p>[\/vc_toggle][vc_toggle title=&#8221;What is the best alternative to an Anjouan forex license?&#8221;]<\/p>\n<p style=\"color: #333333;\">For most brokers, <a style=\"color: #c6996f;\" href=\"\/en\/forex-license-in-mauritius\/\">a Mauritius Investment Dealer licence<\/a>. The Financial Services Commission is a statutory regulator with a public register and an IOSCO relationship, at a cost far below European authorisation. Three to six months, with a resident director and genuine local substance.<\/p>\n<p style=\"color: #333333;\">Seychelles is the lower-cost option with a real regulator behind it. Labuan suits Asian banking relationships. <a style=\"color: #c6996f;\" href=\"\/en\/company-formation-in-cyprus\/\">Cyprus<\/a> is the answer only if you need EU passporting and can carry the capital and the timeline.<\/p>\n<p>[\/vc_toggle][vc_toggle title=&#8221;I already hold an Anjouan license. What should I do?&#8221;]<\/p>\n<p style=\"color: #333333;\">Start with the website. Any statement describing AOFA as a regulator of the Union of the Comoros should be corrected, because that claim is where the legal exposure sits. Then assess your client jurisdictions and payment rails, select a replacement licence against your actual book, and run the new application while the current operation continues.<\/p>\n<p style=\"color: #333333;\">Brokers who plan the migration keep their clients. Brokers who wait until a payment processor terminates them tend to lose the book and the licence together. We handle this as a defined project with a fixed scope, through <a style=\"color: #c6996f;\" href=\"\/en\/licensing\/\">our licensing practice<\/a>.<\/p>\n<p>[\/vc_toggle][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row el_class=&#8221;pfser-row&#8211;white&#8221; css=&#8221;.vc_custom_1605644114086{padding-top: 50px !important;padding-bottom: 25px !important;}&#8221;][vc_column][vc_column_text css=&#8221;.vc_custom_1733858828551{padding-bottom: 50px !important;}&#8221;] Forex License in Anjouan in 2026: Status, Process and Licensed Alternatives [\/vc_column_text][vc_column_text css=&#8221;.vc_custom_1733858871093{padding-bottom: 30px !important;}&#8221;] The Anjouan forex license is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":25390,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"footnotes":""},"class_list":["post-24353","page","type-page","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.pfser.com\/en\/wp-json\/wp\/v2\/pages\/24353","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pfser.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.pfser.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.pfser.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pfser.com\/en\/wp-json\/wp\/v2\/comments?post=24353"}],"version-history":[{"count":4,"href":"https:\/\/www.pfser.com\/en\/wp-json\/wp\/v2\/pages\/24353\/revisions"}],"predecessor-version":[{"id":25392,"href":"https:\/\/www.pfser.com\/en\/wp-json\/wp\/v2\/pages\/24353\/revisions\/25392"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pfser.com\/en\/wp-json\/wp\/v2\/media\/25390"}],"wp:attachment":[{"href":"https:\/\/www.pfser.com\/en\/wp-json\/wp\/v2\/media?parent=24353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}