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Forex License in Anjouan

Plan an offshore forex brokerage in Anjouan

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Leonid Turok

Leonid Turok

Last updated: 8 min read

Fact Checked by: Kiryl Zaremba

Overview

Service Snapshot

A Forex license in Anjouan will be of particular interest to investors and brokers looking for effective offshore regulatory regimes. The jurisdiction offers an easy and quick start to operating in one of the most dynamic markets. Gofazen & Sherle will assist throughout the process of establishing a brokerage company and submitting an application, ensuring full compliance with regulatory requirements.

Note: in its communiqué of 8 December 2025, the Central Bank of the Comoros states that the Anjouan Offshore Finance Authority (AOFA) is not recognised in the Union of the Comoros and has no legal authority to issue licences for financial activities, and that no forex (“Brokerage License”) licences have been authorised or issued in the Comoros. An AOFA licence should therefore not be presented as authorisation to provide brokerage services or as a basis for bank or payment-system acceptance. Anjouan is a popular jurisdiction with straightforward requirements, where companies such as Grace xFX Ltd, KVB Prime Limited, Icare Forex Limited, etc. have already registered.

Forex in Anjouan: Key Benefits of an Offshore License

Anjouan forex license is the best option for small companies or financial platforms that plan to work with developing countries, and choose:

  1. Fast processing.

    The absence of bureaucracy, as in the EU or the UK, speeds up the licensing process to just 4-8 weeks.

  2. Low regulatory requirements.

    Companies must comply with AML/CFT procedures, but there are no requirements for a local office or hiring a resident director.

  3. Expansion of international activities.

    The license allows you to attract clients from Africa, Latin America, and Asia.

  4. Data protection.

    The jurisdiction does not provide access to data on the ultimate beneficiaries of the company, which helps in planning further activities.

  5. Business model flexibility.

    Platforms, fintech projects, and forex brokers (STP, ECN, MM) can take advantage of this jurisdiction.

  6. No tax obligations.

    When operating outside the islands, companies are exempt from profit tax, capital gains tax, or dividend tax, and are not subject to audit.

Regulatory Framework for Forex Licensing in Anjouan

AOFA regulation in Anjouan aims to establish a legal framework and ensure lawful operations of financial and banking structures, insurance companies, and brokerage firms in the market. AOFA's powers are outlined in the Offshore Financial Management Act of 2005.

The main legislative acts that regulate forex activities on the islands are:

Comparison of Anjouan (AOFA) & Vanuatu (VFSC)

ParametersAnjouanVanuatu
Minimum capitalNot specified, $10,000 - $25,000 recommended$50,000
Processing time4-8 weeks2-2.5 months
Local office requirementsNoNo, but planned to be introduced
TaxesNo income tax, VAT, dividendsNo income tax, VAT, dividends

Base Criteria for Obtaining a Forex License in Anjouan

Obtaining a Comoros Anjouan broker license requires consistent fulfillment of several requirements:

  1. State registration of the company.

    To register an IBC, at least one manager and one shareholder are required (no residency requirements).

  2. Financial requirements.

    Although there is no set minimum capital amount, it is recommended to contribute $10,000-$25,000. No deposit is required to obtain a license.

  3. AML/CFT policies and procedures.

    The company must have documentation on risk management, internal control, as well as anti-money laundering and KYC compliance.

  4. Biographical data verification.

    Shareholders and managers provide: passport details, proof of residence, resumes, and certificates confirming professional experience for verification by the regulator.

Steps to Obtaining a Forex License in Anjouan

In order to obtain a license, it is necessary to register an IBC through an authorized agent. The corporate structure must have at least one manager (no residency requirements), a unique name, and an office is not required.

The package of documents must include:

  • Passport details of all shareholders and managers, confirmation of their place of residence, resumes, and certificates.
  • Description of the company’s future activities, indicating the main markets and users.
  • The company’s main documents (certificates, memoranda, protocols, contracts, etc.).

Mandatory regulatory requirements include: the development and implementation of AML/CFT policies, risk management procedures, and internal control procedures.

After paying all the necessary state fees, an authorized agent submits the application to AOFA, and the regulator has the right to review the documents and make a decision within 4-8 weeks.

Overview of the Forex license in Anjouan (Comoros)

Processing time3 weeks
Minimum capital requirementNo requirements
Corporate income tax0%
Resident employeeNo requirements
Office requirementsNo requirements
KYC/KNOW YOUR CUSTOMERRequired

Conclusion

The key benefits of a forex license in Anjouan include favorable conditions, low registration costs, a quick application review process by the regulator, and confidentiality of beneficiary data. One of the main requirements of the AOFA for all financial companies is compliance with international AML and KYC standards. The jurisdiction remains quite popular among startups and companies that have decided to quickly enter the global financial market. Although Anjouan is a relatively young and small offshore zone, several well-known companies (Global Trade FX, Anjouan Capital, Island mFX Broker) already use its license, providing a wide range of services to clients from Asia, Africa, and Europe.

FAQ about the Forex License in Anjouan

How to obtain a Forex License in Anjouan?

AOFA issues licenses for financial market operations, including foreign exchange trading.

How long does the entire licensing process take?

From the moment the documents are submitted, AOFA has 4-8 weeks to review the application and analyze the licensee’s compliance with all requirements.

What are the main requirements for obtaining a license from AOFA?

The application to AOFA is submitted by a legal entity (IBC) registered in the islands, along with documents on key employees and shareholders, developed AML/CFT policies, confirmation of payment of fees, etc.

Client Testimonials

Trusted by Industry Leaders

Working with Gofaizen & Sherle team was a real pleasure. Their high level of professionalism and expertise made our journey through the process of establishing and licensing of our company really easy and time efficient. G&S is a trusted partner for us in any topics related to FinTech business.

cratos logo Edward Kost CEO - VULTURE OÜ
Cypher Trading UAB Case study

Cypher Trading UAB

Services Provided: Corporate legal and governance support, including preparation of corporate documentation, share capital adjustments, changes of legal address and directors, HR advisory in special cases, C-level and AML officer recruitment, payroll accounting, and legal opinion preparation.

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Leonid Turok
Leonid Turok
Associate Partner, Head of Consulting (iGaming & Forex)
Kiryl Zaremba
Kiryl Zaremba
Senior Associate, Head of Product (iGaming & Forex)
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