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, Rengang 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.
Rengang can assist you with the drafting and provision of high quality legal and corporate documents.