Anjouan Insurance License
The Anjouan Insurance License covers a wide scope of insurance-related activities and is generally perceived by entrepreneurs as an optimal, low-cost choice for accelerated market entry. As of 2026, this license is not officially recognised by the Union of Comoros government. Before pursuing the license, inquire with the LegalBison legal team for information on its current status and possible alternatives.
Our team of experienced professionals to assist you with any question and project pertaining to FinTech projects.
Provides essential support to clients navigating the complexities of FinTech licensing and compliance.
Advantages and benefits of basing your insurance business in Anjouan
At the moment, Anjouan insurance licenses are still employed in practice, but the recognition of the framework is restricted by the Union. This can cause significant legal exposure for your project, which is why we highly recommend consulting our experts personally before pursuing the insurance license in Anjouan.
- Jurisdiction overview
The administrative body in Anjouan provides oversight for various categories of insurance through a consolidated licensing system. This framework is designed to accommodate traditional coverage as well as those integrating newer financial technologies.
Categories of Coverage
An international insurance license covers several specialized areas:
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Life and Health: Coverage for personal medical and life-contingency risks.
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Reinsurance: Providing risk management services to other insurance providers.
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Captive Insurance: Managed internal structures for the risk profiles of parent organizations.
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Marine and Aviation: Protection for goods in transit and the operation of aircraft or vessels.
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Liability and Specialty Risks: Professional liability, corporate risk management, and property protection.
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Brokerage: Acting as a registered intermediary between providers and clients.
Corporate and Tax Structure
Insurance activities are typically managed through an International Business Company (IBC). These entities are generally exempt from local corporate income tax and Value Added Tax (VAT) on their global operations. However, these companies are not permitted to provide services to residents within the territory of Anjouan itself.
Multi-License Framework
A single corporate entity in Anjouan has the capacity to hold multiple authorizations simultaneously. This structure allows for the combination of insurance services with other financial activities, such as:
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Cryptocurrency and virtual asset services.
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Online gambling and sports wagering.
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Forex brokerage or banking operations.
Using one entity for multiple licenses can streamline administrative costs, such as initial company formation and the maintenance of core corporate records.
Compliance Standards
License holders must implement internal policies regarding financial crime prevention. This typically includes:
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Standard Know Your Customer (KYC) procedures.
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Customer due diligence protocols.
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Alignment with international best practices suggested by global financial monitoring bodies to ensure easier cooperation with international banking partners.
Legal assistance in forming an Anjouan International company: our packages
Important: due to minor subtleties in the legal work to be provided, we do not showcase a one-size-fits-all pricing for our services in forming an Anjouan insurance company with a license. Contact our consultants and present your activity in order to receive a detailed quotation.
Our team of experienced professionals to assist you with any question and project pertaining to FinTech projects.
+44 20 4577 0974
Provides essential support to clients navigating the complexities of FinTech licensing and compliance.
+44 20 4577 0974
Everything required to start your insurance business in Anjouan.
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Company registration in Anjouan (IBC)
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Legal address registration
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Set of corporate documents
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Assistance with the Anjouan International Insurance License
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Drafted AML-CFT policies and procedures
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Legal documents package for your website
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Assistance in searching and appointing a compliance officer
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EU-based AML course for up to three participants
The complete set-up with additional custom legal documents.
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Company registration in Anjouan (IBC)
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Legal address registration
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Set of corporate documents
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Assistance with the Anjouan International Insurance License
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Drafted AML-CFT policies and procedures
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Legal documents package for your website
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Assistance in searching and appointing a compliance officer
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EU-based AML course for up to three participants
A complete set of services to cover all your angles from day one.
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Company registration in Anjouan (IBC)
-
Legal address registration
-
Set of corporate documents
-
Assistance with the Anjouan International Insurance License
-
Drafted AML-CFT policies and procedures
-
Legal documents package for your website
-
Assistance in searching and appointing a compliance officer
-
EU-based AML course for up to three participants
Process, duration, cost and requirements of an insurance license in Anjouan
Below are detailed answers on the process, duration, cost and requirements of an insurance license in Anjouan. In just a few weeks and with LegalBison’s assistance, your insurance company can be up and running.
The process to form an insurance company in Anjouan
The process of getting an insurance license in Anjouan is simple and straightforward. It requires first registering a company in Anjouan in the form of an International Business Company (IBC). Once your Anjouan company is set up, the application process for the insurance license can begin. As the necessary legal documents are drafted by our legal team, the screening process from the Anjouan is short and last a business week or less.
As the company is registered and the insurance license has been granted, LegalBison can pursue assistance with services pertaining to opening a corporate account for your insurance business.
How long does it take to get an insurance license in Anjouan
The procedures in Anjouan are usually very fast. What entrepreneurs must keep into consideration is the time necessary to gather and prepare the documents pertaining to the corporate structure and licensing process.
Experience shows that 3 to 5 weeks is a realistic timeline for forming an insurance licensed company in Anjouan. This equates the Minimum Package presented into the package section above.
Price and cost of an Anjouan international insurance license
Entrepreneurs willing to create an insurance business licensed in Anjouan should expect complete costs in the five figures. The cost of creating an insurance company in Anjouan covers the registration of a company and everything necessary to apply for the international insurance license.
Insurance companies registered in Anjouan are liable to renew their license and, if necessary, corporate services such as the company legal address in the jurisdiction. The license renewal incurs an annual fee, to be paid from January 1st of each year.
Required documents and information to form an Anjouan insurance company
In order to properly prepare the application for an insurance license in Anjouan, you shall prepare the following set of documents:
- A full set of corporate documents,
- Passports, utility bills, and bank statements for Directors and Shareholders,
- Drafting of AML/Compliance policies,
- A description of the technical infrastructure and processes used to deliver insurance services.
LegalBison can assist you with the drafting and provision of high quality legal and corporate documents.
Recent updates on Anjouan’s regulatory framework for insurance licensing
According to the latest legal memorandum and regular internal compliance research by LegalBison lawyers, Anjouan’s autonomous administration does not hold sufficient authority to license and oversee financial, crypto, or iGaming activities independently. While the Anjouan-issued licenses are not officially recognised by the Union government, they continue to be used in practice, which does not provide legitimacy and can incur significant legal risks.
We strongly recommend entrepreneurs interested in Anjouan licensing to refer to the LegalBison team for detailed consultations and professional advice as to the current legal status of this authorisation.
What LegalBison clients say
As a result of the fruitful cooperation with LegalBison, Yellow Card obtained a VASP registration, fast and without any legal complications.
LegalBison excels at adapting to challenges and demonstrates a perfect understanding of our business needs.
Quick set-up and straightforward process. It was a smooth process, we are happy to have chosen LegalBison as our Partner for incorporations, globally.
About the Anjouan international insurance license
A complete Anjouan insurance set-up, including a company, license application and all the necessary support services, would go somewhere in the five figures. This makes it one of the cheapest way to access the insurance industry. For a detailed quotation, please get in touch with our consulting team.
The Anjouan insurance license allows for a very range of services. From classical insurance of goods or individuals (offshore life insurance) to offshore captive insurance or offshore reinsurance. It is also worth noting that it is possible to accumulate financial licenses in Anjouan, in order to provide composite services (for example: banking and insurance).
The process of getting an insurance license typically takes approximately one week. If we take into account all the corporate structure set-up and legal documentation drafting, the overall process may take around one month and a half.
Send us a request, receive a detailed plan
Our consulting team is available to analyze your project and design a legal solution and a corporate structure that fits your expectation and budget. With the assistance of our lawyers and experts, your insurance company is set for success from its inception.
Describe your business project and we will get back to you during the nearest business hours.
Our team of experienced professionals to assist you with any question and project pertaining to FinTech projects.
Provides essential support to clients navigating the complexities of FinTech licensing and compliance.
