Banking license in Anjouan
Legal assistance in forming a company with a banking license in Anjouan. Secure a license for commercial banking, private banking, international payment processing, loan and credit, custodian, and other services.
- Beneficial regulatory framework
- Low capital requirements
- High level of confidentiality
- International recognition
Our team of experienced professionals to assist you with any question and project pertaining to FinTech projects.
FinTech business development expert with leading experiences in innovative payment services providers.
Banking License packages in Anjouan
By forming and providing existing Anjouan banking licensed companies to our clients, we gathered the experience to design streamlined packages for your project.
Our team of experienced professionals to assist you with any question and project pertaining to FinTech projects.
+44 20 4577 0974
FinTech business development expert with leading experiences in innovative payment services providers.
+372 53 42 2033
Receive a free consultation about the Anjouan banking license: cost, duration, requirements, and benefits.
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Initial consultation
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Company registration in Anjouan
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Full support in application for the Banking license
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Full support in drafting the AML rules & legal documents
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Communication with the regulatory bodies
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Legal address
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State duties
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Legal assistance
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Faster process
Turnkey solution, full assistance in setting up a company in Anjouan and preparing the application for the Banking license.
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Initial consultation
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Company registration in Anjouan
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Full support in application for the banking license
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Full support in drafting the AML rules & legal documents
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Communication with the regulatory bodies
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Legal address
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State duties
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Legal assistance
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Faster process
The fastest way to get started: purchase an existing Anjouan banking licensed company. Availability on request.
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Initial consultation
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Company registration in Anjouan
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Full support in application for the banking license
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Full support in drafting the AML rules & legal documents
-
Communication with the regulatory bodies
-
Legal address
-
State duties
-
Legal assistance
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Faster process
Understanding the Anjouan banking license
Anjouan provides a favorable business environment and a flexible regulatory framework that allows for licensing banking companies. If you are interested in a global expansion of your business with a prestigious and internationally recognized banking permit, you should pay attention to Anjouan and the benefits it has to offer. Although not the largest financial hub in the world, the country provides more flexibility compared to other jurisdictions, which allows businesses in the banking sector to adapt to regulatory changes quicker.
In addition, Anjouan’s framework is less expensive compared to other similar license types, which makes this jurisdiction particularly suitable for startups. If you aim to secure a banking license in Anjouan, acquaint yourself with the main advantages and regulatory subtleties of this jurisdiction.
- Legal Framework in Anjouan
- Privacy in Anjouan
- Taxes in Anjouan
Regulatory benefits of Anjouan
The Anjouan International Banking License (Class B) is granted by the Anjouan Offshore Financial Authority. It is among the fastest to obtain with minimal bureaucracy and compliance requirements. At the same time, this legal permit provides such benefits as confidentiality, a high level of data protection, a tax-free policy for companies, and no minimum share capital requirement for company formation.
Both the company incorporation and banking license obtainment processes, with LegalBison’s assistance, take no more than a month, after which your registered company can start offering its services to customers.
Confidentiality of Anjouan companies
Anjouan stands out compared to other offshore jurisdictions due to its high level of confidentiality. There are strict privacy laws in place that safeguard both the operational data of the company and the data shared by customers. The jurisdiction adheres to all the international data privacy standards, which fosters the trustability of banking businesses licensed in Anjouan.
Taxation in Anjouan
A major reason why so many startups and seasoned businesses strive to obtain a banking permit in Anjouan is the country’s beneficial taxation regime. Both the Corporate Income Tax (CIT) and the VAT are set at 0%, which means that the companies registered and licensed in Anjouan are fully exempt from taxation.
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Quick set-up and straightforward process. It was a smooth process, we are happy to have chosen LegalBison as our Partner for incorporations, globally.
Best company for Crypto Licenses! Kudos to the team for making the incorporation of our company really smooth
We are happy to cooperate with LegalBison for more than 2 years and during this time they definitely secured a reputation of very professional and reliable partner. Great knowledge, competence and good attitude. Keep up the good work!
The team of LegalBison was very helpful and fast in supporting my company’s structural set up. They are undoubtedly top-level experts when it comes to licensing and registrations in the crypto and web3 industry. Highly recommend!
Very proactive, responsive, and able to provide solutions and advice. The firm is familiar with the new industry of blockchain and cryptocurrency
What services are permitted by the banking license in Anjouan
Commercial Banking Services with an Anjouan Banking license
Commercial banking services can be provided both to individuals and businesses. Companies registered in Anjouan can accept deposits, issue debit and credit cards, and maintain current and savings accounts. Commercial banks are among the main drivers of Anjouan’s thriving economy – therefore, the jurisdiction allows beneficial licensing policies for this type of companies.
Private Banking Services with an Anjouan Banking license
Under the banking license in Anjouan, it is possible to provide private banking services, such as investment strategies, tax planning, estate management, and trust formation. Such companies offer dedicated managers to curate these services for customers with an increased level of confidentiality, personalization, and wealth protection. Individuals often resort to private banking establishments to protect their assets or get access to exclusive investment opportunities.
International Payment Processing with an Anjouan Banking license
Thanks to its tax-free policy and enabling business environments, Anjouan is one of the best destinations for providing cross-border transaction services. Businesses can allow their clients to send and receive funds globally through various payment systems that support multiple currencies. International Payment Processions companies use advanced technologies to ensure fast and seamless transactions, advanced fraud prevention measures, and compliance with international regulations and safety standards.
Loan and Credit Services with an Anjouan Banking license
Loan and credit services under an Anjouan banking license range from personal loans, mortgage financing, and vehicle loans, provided both to individuals and businesses. These institutions support the growth of the economy and enhance liquidity. The banking license in Anjouan, in turn, offers such companies a sufficient level of prestige, confidentiality, and asset protection.
Foreign Exchange Operations with an Anjouan Banking license
Foreign exchange operations are among the most popular and widespread activities for expanding to the global financial market. Banks licensed in Anjouan can facilitate foreign exchange transactions both for individuals and businesses, thus helping them interact with international financial markets more easily and efficiently.
Wealth Management with an Anjouan Banking license
The license in Anjouan allows for wealth management services by banks. They include comprehensive financial planning, risk assessment, and other services. Working mostly with individuals, Anjouan banks involved in wealth management help clients ensure their long-term financial security.
Custodial Services with an Anjouan Banking license
Anjouan-licensed banks engaged in custodial services can hold securities, manage corporate transactions, settle trades, and keep records for clients. Custodian service companies must have deep knowledge of international asset protection standards. The Anjouan banking license is globally recognized and can become the legal permit you need to ensure your clients’ peace of mind.
- Commercial Banking in Anjouan
- Private Banking in Anjouan
- International Payments in Anjouan
- Loan and Credit Services in Anjouan
- Foreign Exchange in Anjouan
- Wealth Management in Anjouan
- Custodial Services in Anjouan
Commercial Banking Services with an Anjouan Banking license
Commercial banking services can be provided both to individuals and businesses. Companies registered in Anjouan can accept deposits, issue debit and credit cards, and maintain current and savings accounts. Commercial banks are among the main drivers of Anjouan’s thriving economy – therefore, the jurisdiction allows beneficial licensing policies for this type of companies.
Private Banking Services with an Anjouan Banking license
Under the banking license in Anjouan, it is possible to provide private banking services, such as investment strategies, tax planning, estate management, and trust formation. Such companies offer dedicated managers to curate these services for customers with an increased level of confidentiality, personalization, and wealth protection. Individuals often resort to private banking establishments to protect their assets or get access to exclusive investment opportunities.
International Payment Processing with an Anjouan Banking license
Thanks to its tax-free policy and enabling business environments, Anjouan is one of the best destinations for providing cross-border transaction services. Businesses can allow their clients to send and receive funds globally through various payment systems that support multiple currencies. International Payment Processions companies use advanced technologies to ensure fast and seamless transactions, advanced fraud prevention measures, and compliance with international regulations and safety standards.
Loan and Credit Services with an Anjouan Banking license
Loan and credit services under an Anjouan banking license range from personal loans, mortgage financing, and vehicle loans, provided both to individuals and businesses. These institutions support the growth of the economy and enhance liquidity. The banking license in Anjouan, in turn, offers such companies a sufficient level of prestige, confidentiality, and asset protection.
Foreign Exchange Operations with an Anjouan Banking license
Foreign exchange operations are among the most popular and widespread activities for expanding to the global financial market. Banks licensed in Anjouan can facilitate foreign exchange transactions both for individuals and businesses, thus helping them interact with international financial markets more easily and efficiently.
Wealth Management with an Anjouan Banking license
The license in Anjouan allows for wealth management services by banks. They include comprehensive financial planning, risk assessment, and other services. Working mostly with individuals, Anjouan banks involved in wealth management help clients ensure their long-term financial security.
Custodial Services with an Anjouan Banking license
Anjouan-licensed banks engaged in custodial services can hold securities, manage corporate transactions, settle trades, and keep records for clients. Custodian service companies must have deep knowledge of international asset protection standards. The Anjouan banking license is globally recognized and can become the legal permit you need to ensure your clients’ peace of mind.
Secure a banking license in Anjouan hassle-free
Interested in obtaining the Anjouan banking license? Get in touch with our legal team today and secure a free primary consultation for registering and licensing your project in Anjouan.
Banking licensing process in Anjouan
Prior to applying for the International Banking License in Anjouan, one must incorporate a local company. The company formation is an equally fast and hassle-free process, with minimal documentation and other requirements: after forming a legal entity, one can move on right to the licensing application procedure.
Here at LegalBison, we are knowledgeable of all the licensing criteria and process subtleties associated with the Anjouan banking license. With the assistance of our legal team, you will be able to complete both the company incorporation and the licensing processes within the shortest timeframe possible.
Company registration in Anjouan
The most optimal corporate structure for a legal entity in Anjouan is an International Business Company (IBC). The incorporation requirements are minimal, which makes Anjouan an offshore country with one of the fastest company registration procedures.
- Set of corporate documents (identity documents of directors and shareholders, Articles of Association, company name, etc)
- A detailed business plan
- Legal address for the company
- Payment of the incorporation fee
The overall incorporation process takes no more than 1-1.5 business weeks, after which you can start the licensing application procedure. LegalBison assists with company formation in Anjouan effectively, preparing all the required paperwork and the application on the client’s behalf.
Requirements for a banking license in Anjouan
The minimum requirements for securing a banking license in Anjouan include:
- A full set of corporate documentation
- Passports, utility bills, and bank statements for directors and shareholders
- Drafting of AML/Compliance policies
- Due diligence checks of directors and beneficiaries
- A description of the technical systems and processes used for banking services
Due diligence is a mandatory process that must be performed during the primary licensing application and, from there – annually, along with the license renewal process. Due diligence is part of the legal assistance provided by LegalBison, and we fully account for the entirety of the procedure.
Duration for Anjouan banking license obtainment
The banking permit in Anjouan is among the fastest ones to obtain in an offshore jurisdiction. The assistance of LegalBison includes both company formation and license obtainment processes. Once all the documents are received by us, the incorporation takes 4-5 business days on average, and the licensing procedure takes approximately 3-5 business weeks after the application is submitted.
Obligations of an Anjouan banking company
A licensed Anjouan banking company must renew the license and the legal address every year. During the renewal process, the annual due diligence must also be completed. In addition, if a company has an appointed AML/MLRO officer, this position must be renewed once per year. LegalBison provides assistance with the annual renewal and maintenance, curating the entire exchange with the regulator on your behalf, as well as the payment of the renewal fee.
Alternatives to the Banking license in Anjouan
Depending on your business model and projected activity, the following licenses may prove to be efficient alternatives to the Anjouan banking license.
EMI License in Lithuania
on request-
Most reputed license in Europe
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Straightforward set-up
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Used by Revolut, etc
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Top economy
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Secure and trusted
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Compoundable license
Anjouan Insurance License
on request-
Simple requirements
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Low cost
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Wide coverage of activities
Crypto License in Anjouan
on request-
Very fast licensing process
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Low requirements
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Recognized by banking institutions
Forex License in Anjouan
on request-
Forex and other financial services
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Cheapest & fastest FX license
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Simple requirements
About the banking license in Anjouan
The Anjouan International Banking License offers such advantages as a business-friendly environment with constant growth and flexibility, zero taxation, a wide scope of allowed activities under a single license, and fast incorporation and licensing procedures with the most basic requirements.
Yes. Although offshore, this license is fairly popular on the international market, and entities licensed in Anjouan can expand their global presence without hassles.
The price depends on the underlying business model and additional services that might be included in the scope. Contact LegalBison’s team today for a free primary consultation and we will calculate the exact cost of the Anjouan banking license for your project.
The process encompasses company formation, which takes around 4-5 business days after all the documents have been received, and, once the company is incorporated, the licensing process takes around 3-5 business weeks upon the submission of the application. This timeframe may vary depending on the project: get in touch with our consultants today, and we will estimate the duration for your particular company plan.
Take the first step with a free first consultation
Leave your request here and we will schedule a free primary call to discuss the details of your project. Our legal team will calculate the costs, timeframe, and requirements for Anjouan banking license obtainment for your company.
Our team of experienced professionals to assist you with any question and project pertaining to FinTech projects.
FinTech business development expert with leading experiences in innovative payment services providers.
