Comoros · Anjouan (AOFA) · Offshore licence
Anjouan forex licence: what it is and why recognition is the issue
Fast and cheap, with the same fundamental problem as Mwali: the Comoros central bank does not recognise island licences. Information only; we generally recommend other routes.
Updated
The Anjouan Offshore Finance Authority (AOFA) on the Comoros island of Anjouan markets forex and brokerage licences issued within weeks. The Central Bank of the Comoros named the AOFA in its June 2022 warning that island approvals have no legal effect, republished in December 2025, and a 2025 press investigation examined Anjouan licensing.
Key facts
| Regulator | Anjouan Offshore Finance Authority (AOFA), island-level |
|---|---|
| Licence | Marketed as a forex / brokerage licence |
| Legal basis | Island-level legislation (validity disputed by the Union of the Comoros) |
| Entity | Anjouan International Business Company |
| Typical timeline | A few weeks |
| Capital | No meaningful prudential capital regime identified |
| Tax | Marketed as 0% |
| Recognition | Not recognised by the Central Bank of the Comoros |
| Client markets | No recognised market access |
| EU passport | No |
| Our service | On request via partners |
Indicative information for comparison only, reviewed on the date shown. Requirements change and depend on your structure; confirm with the regulator and local counsel before deciding.
Overview
Anjouan (Nzwani) is another autonomous Comoros island whose offshore authority markets licences for brokerage, banking and gaming. Several look-alike websites exist, and the legal basis is disputed at Union level.
We profile Anjouan so founders can compare it honestly. In most cases we recommend a recognised licence or, for MT5 only, a company route such as Saint Lucia.
Substance and people
- No local office or staff
- Formed through private corporate service agents
Ongoing obligations
- Annual renewal
- No independent prudential supervision identified
Advantages
- Very fast
- Low cost
- Minimal requirements
Drawbacks
- Not recognised by the Union government or central bank
- No client protection
- High counterparty and reputational risk
Recent changes
The Central Bank of the Comoros named the Anjouan Offshore Finance Authority in its June 2022 warning, republished in December 2025. In December 2025 ABC News (Australia) published an investigation into the private operators behind Anjouan licensing, mainly in online gambling.
Frequently asked questions
Is Anjouan the same as Mwali?
No, they are different islands with different authorities, but both face the same recognition dispute.
Do you deliver Anjouan licences?
Only on request and after a written explanation of the risks; we usually recommend other routes.
Official sources
Primary sources we rely on. Rules change; always confirm current requirements with the authority.
- Banque Centrale des Comores (Central Bank of the Comoros) banque-comores.km
- ABC News: investigation into Anjouan licences (31 Dec 2025) abc.net.au
- Anjouan Offshore Finance Authority (AOFA) anjouanoffshorefinanceauthority.org
Similar jurisdictions
Comoros – Mwali
Mwali International Services Authority (MISA), island-level
International Brokerage and Clearing House licence
View profileSt Vincent & the Grenadines
Financial Services Authority (FSA), SVG — does not license forex
None; a foreign licence must be filed since 2023
View profileMarshall Islands
None for forex; companies registered via the Registrar of Corporations
None
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