Procedure

PROCEDURE FOR THE PURCHASE OF AN ANJOUAN COMPANY AND INTERNATIONAL LICENSES

  1. Client completes application form (if it’s just for a company without a license then the client just completes the IBC part of the application form)
  1. After the application form is completed it is checked manually and we will confirm that a) the name is available and b) the form is corrected completed
  1. The applicant will then submit all the due diligence documents ( See KYC below )
  1. All the due diligence is checked and kept in a secure file, no Due Diligence is available to the public. 
  1. Invoices are prepared based on client’s requirements and then sent by email to the client. ( No documents are issued until full payment is received and cleared by our bank, usually takes 3/5 working days )
  1. After the Due Diligence documents are completed and filed if the applicant has just applied for an International Business Company ( meaning they do NOT want a License ) then the documents are prepared, checked and issued. If the company has applied for a License continue;
All clients MUST have an International Business Company before they can apply for any License, they can be applied for at the same time. An application form for an IBC can be obtained from here

KYC Documents required for each Individual Director

  1. A copy of Directors passport or current photo driving licence or national identity card showing the name, date and place of birth, nationality, signature of holder and data of issue/expiry. 
  2. Proof of residential address. Acceptable evidence includes an original utility bill, bank or credit card statement or any official document, must be less than 3 months old.
  3. Personal professional Reference for each director.

NOTE IF THE SHAREHOLDER IS A CORPORATION OR PARTNERSHIP THEN THE FOLLOWING IS REQUIRED;

  1. Certificate of incorporation or registration and the memorandum and articles of association or constitution or deed of partnership or Act de Société as the case may be.
  2. Company Reference.
  3. A certified true copy of latest audited account or annual report if more than 1 year old.
  4. List of substantial shareholders (who hold more than 5% of the voting power exercisable at the meeting of shareholder/member)
  5. A list of directors.
  6. Corporate structure. (Organisation chart would be helpful)
  7. A certified copy of Board resolution granting authority to its managers, officers or employees to transact business on its behalf.
  8. A Certificate of good standing.

For trusts acting as shareholders the following is required

  1. Certificate of registration and trust agreement
  2. List of all trustees
  3. Trust structure
  4. If the applicant has applied for a company and a license the full application must be completed and signed (note each License has a different company Constitution / Memorandum and articles of association, the difference for each License is the objects and purposes of the company)

REQUIRED KYC DOCUMENTS FOR AN IBC AND LICENSE

  1. A business plan of the company:
  2. The percentage of ownership of the shareholders if more than 5%
  3. The details of the ultimate beneficial owners (chart may help if many) 
  4. CVs of all the directors 
  5. Full contact details of the directors professional reference for all the beneficial owners and directors
  6. Clear certified passport copies of all beneficial owners and directors
  7. Proof of addresses for directors (utility bills less than 3 months old) 

For Corporate/Partnership acting as shareholder

  1. Certificate of incorporation or registration and the memorandum and articles of association or constitution or deed of partnership or Act de Société as the case may be. Document must be certified by banker, lawyer, notary, accountant or a person holding a recognized professional qualification.
  2. Company Reference.
  3. A certified true copy of latest audited account or annual report if more than 1 year old.  
  4. A Certificate of good standing 
  5. List of substantial shareholders (who hold more than 5% of the voting power exercisable at the meeting of shareholder/member) 
  6. A list of directors.
  7. Corporate structure. (Organisation chart would be helpful)
  8. A certified copy of Board resolution granting authority to its managers, officers or employees to transact business on its behalf.

For trusts acting as shareholders

  1. Certificate of registration and trust agreement
  2. List of all trustees
  3. Trust structure

Capital

Issued minimum share capital is €100,000, 

Timing

In general an International Business company ( IBC ) can be processed within 24 hours, subject to receiving all the required due diligence. 

Gaming Licenses can take up 5 weeks for documents to be processed and issued, 

All original documents are sent by DHL.

Payment

Invoice will be issued and must be paid and cleared before any documents are processed.

Payment can only be made by Bank transfer to our nominated payment provider or by BTC.