Many foreign entrepreneurs face the challenge of relocating an international business structure to a country with a favorable tax policy. Many jurisdictions, including those in Europe, offer zero taxes on offshore income. However, there are not many countries where IBCs can also obtain an offshore brokerage license and bring their business to the global market in this niche, and their number is dwindling every year. Comoros, however, offers you the opportunity to do just that.
IBC registration in the Union of Comoros is not just a chance to optimize taxes and set up an international business structure, but also to get a license that will give you the right to engage in brokerage activities (forex), gambling, insurance, or banking. It would not be easy to pass all the stages of IBC registration, though, independently. Fortunately, the experienced specialists at Q Wealth can guide you through the process with minimal hassle. Contact us to arrange a complimentary, fifteen-minute consultation or a paid one-hour meeting with an expert in offshore company formation (currently 300 euros, from 500).
It is impossible to get a license for your business in Comoros and in some other countries without registering an IBC. If you want to choose the most suitable place to relocate your offshore international company, please get in touch with our experts by leaving your contact details or filling out a form on our website.
Discuss the details with an expert
Check the list of required documents, and get the details of the process, terms, and costs.
Contact a consultantLet’s talk via messenger
Comoros: Brief Information
The Comoros is an archipelago of volcanic origin located in the Indian Ocean, belonging to the continent of Africa. The economy of the island jurisdiction is primarily focused on agriculture, including the export of ylang-ylang and vanilla, as well as tourism and fishing.
It is a relatively undeveloped country with a low GDP, which is an indirect reason why it offers advantageous conditions for offshore business structures and obtaining licenses. At the same time, Comoros provides tax incentives only to international companies that are not managed in the country of registration and do not derive income from local sources.
The islands have a hybrid legal framework, being a combination of the French Civil Code and Islamic Sharia.
Each island in the Comoros archipelago is an independent part of the Union: it has its own constitution, governor, parliament, and financial center that the Central Bank of the Comoros does not control. Anjouan and Mwali, the Union’s autonomous islands, are chosen by many investors who want to register an international business and obtain licenses for activities such as gambling, brokerage, or cryptocurrency.
Having an international business in Anjouan and Mwali has many advantages, but it’s worth noting that there is one restriction: an IBC cannot own real estate on the island.
Where can you open a bank account in Africa or on any other continent remotely and without any risks? Get in touch with our specialists today to receive all the information you need: we have dozens of options for you!
International Business Corporation in Comoros: Advantages
An IBC (International Business Corporation) is an organizational and legal form of business that can be set up in Mwali and Anjouan (Comoros Islands). There are multiple reasons to consider establishing one, which we’ll explore now.
Advantages of a Comoros IBC:
- High level of confidentiality for business owners and founders.
- The international business structure can be used to keep and manage private assets and conduct activities outside Comoros.
- An IBC in Mwali and Anjouan (Comoros) is not considered a tax resident of the island, so it does not pay taxes on income generated in other countries.
- International Business Corporations in Comoros have no obligation to file accounting reports or to conduct an audit of the company.
- IBCs are not subject to currency control and can freely manage their assets, keeping, transferring, or accumulating them in accounts opened with foreign banks or payment systems.
- Corporations can be formed with 100% foreign capital and have only one founder, director, and shareholder, all of whom can be represented by a single person (either an individual or a legal entity).
- Companies are most often limited by authorized capital, but may also be limited by a guarantee, or both.
- Mwali and Anjouan offer fast and affordable IBC registration, taking 5-8 days.
The Comoros requires a special license to engage in banking, insurance, gambling, and brokerage activities.
If you want to set up an offshore business in Mwali and Anjouan in the Comoros, you will have to use the services of a registered agent approved by the Mwali Offshore Finance Authority. In addition, you, as the foreign company owner, will need to pass a check and prepare and submit documents in English (fortunately, there is no need to be present in person).
Be aware that company registration in Africa mediated by unverified partners may result in the loss of funds due to a high number of fraudulent offers. Get in touch with our experts and use our professional services to establish an offshore structure safely and more quickly!
How to Incorporate an IBC in Comoros in 2025
The procedure of International Business Corporation registration in Comoros in 2025 involves the following steps:
- Choose a unique name for your company. You can use the following corporate abbreviations: Corp, Inc, Ltd, Kft, PLC, BV, SPRL, SARL, NV, BVBA, SA, RT, AG LLC, etc.
- Prepare the documents in English and ensure they are legalized (an apostille is not required).
- Send all the documents to the registered agent.
- If necessary, obtain a license for your business through the local agent.
- Pay all fees and duties required.
If you have done everything correctly, your IBC in Comoros will be incorporated within 5-8 working days.
What other countries offer advantageous conditions for obtaining a banking or brokerage license? We will be happy to share this information upon your request if you want to consider all the opportunities before making a final decision!
KYC and Due Diligence for IBC Incorporation in Comoros
What documents will foreign entrepreneurs need to provide to the registered agent who will handle the offshore business setup in the Comoros (Mwali and Anjouan) in 2025? You will have to strictly follow the regulations set and transfer a notarized translation of the following documents (if they are executed in a language other than English) to the registered agent.
Personal data on the individual founder/shareholder:
- Copy of passport or another ID document that specifies citizenship and the date of birth
- Confirmed address of residence (utility bill or bank card statement)
- Bank certificate.
Data on the legal entity that is an IBC founder in Comoros:
- Certificate of Business Registration
- Memorandum of Association
- Articles of Association or Act of Partnership/Company
- Bank Statement
- Copy of Accounting Reports or Annual Report for the past period
- Certificate of Good Standing
- List of Shareholders that own more than 5% of the stock with the right to vote
- List of Company Directors
- Decision on the provision of powers to company managers and officials to conduct business on behalf of the legal entity
This list can always change. Contact our specialists for the latest information on the documents required to set up an IBC in the Comoros.
Additional Licensing Options in Comoros
IBC-structured companies in the Comoros may apply for various types of licenses, including brokerage, cryptocurrency, gaming, and banking licenses.
Comoros International Brokerage License
The Comoros Forex license is a well-regarded permit that enables businesses to engage in a wide range of financial services. It is one of the most popular options for international brokerages.
International Brokerage License allows for the license holder to engage in activities such as:
- Underwriting of Securities
- Stock Brokerage
- Securities Brokerage
- Financial Advisory
- Asset Management
- Fund Management
- Custody Services
- Transaction Clearing
- Payment Processing
- Currency Trading (FOREX)
- Issuance of Securities
For more details on the requirements and benefits of getting a Forex license in the Comoros, visit the Comoros International Brokerage License page.
Comoros Crypto License
The Comoros Crypto License is an excellent option for businesses operating in the digital asset sector. This license allows companies to offer cryptocurrency exchanges and related services legally, making it an attractive choice for blockchain-based companies. Learn more on the Comoros Crypto License page.
Gambling License in Comoros
The Comoros Gambling License offers a reliable regulatory framework for gaming businesses. It covers both online and land-based gaming services, providing entrepreneurs with opportunities. You can explore the details of this license on the Comoros Gambling License page.
Comoros Banking License
The Comoros Banking License offers a robust legal framework for financial institutions or companies seeking to provide banking services. It provides the necessary permissions to engage in various banking operations, such as deposit-taking and loans. For more information, visit the Comoros Banking License page.
Can a License Be Canceled?
The regulator can legally cancel a Forex license in Comoros under certain circumstances.
These include:
- Conducting an activity prohibited by the laws of Mwali or Anjouan.
- Use of local clients by the international business structure.
- Possession of real estate on the islands of Mwali and Anjouan (except for renting it for business purposes).
- Carrying out other licensed kinds of business without a relevant license. These may include insurance, sea or air travel, banking, and more.
- Less than one founder at any period.
At the same time, an IBC has the right to:
- Establish commercial relations with another similar international business structure that operates outside Mwali and Anjouan.
- Rent premises on the island to conduct business.
- Use the services or provide similar services to a brokerage company (deposits) that has a license in the Comoros.
- Use the services of an agent, lawyers, accountants, and other specialists who reside on the island.
- Keeping accounting reports and conducting directors’ meetings in Mwali and Anjouan is not mandatory and depends on the company’s specific type and activities.
- Own or issue shares and securities.
OFA may also suspend the license for late renewal or non-payment for the services.
How to Register an IBC in Africa (Comoros) online?
The safest option for registering an international offshore business abroad is to get professional support. Contact the specialists on our portal to obtain a full range of services related to IBC formation in Comoros or any other country.
We offer:
- Free consulting at all stages of company registration
- Assistance opening a bank account abroad for personal and offshore company settlements
- Checking the documents and helping with their preparation/legalization
- Registration of offshore structures (any organizational and legal form), including non-profit organizations, trusts, and foundations
- Services of an accountant, secretary, professional director (nominee service), audit, etc.
If you think that setting up an international offshore company in Comoros or in another jurisdiction is a good opportunity, please get in touch with us to ask any questions and receive professional help!
