An offshore oil rig stands in the ocean against a backdrop of distant mountains and a dramatic sky, with a warm glow and scattered clouds.

A towering modern skyscraper with reflective glass surfaces stands prominently under a clear blue sky. The building features a combination of blue and gold hues, with intricate architectural designs. In the foreground, a large building with a Standard Chartered Bank sign is visible.

Regulatory Compliance

Ensuring businesses meet international standards for operations and financial management.

Financial Oversight

Monitoring and analyzing financial activities to maintain integrity and transparency in operations.

Licensing Services

IRAGC provides an extensive array of licenses crafted to meet the varied requirements of offshore financial institutions. These licenses are specifically designed for non-resident activities, offering flexibility for global operations while ensuring each is subject to annual renewal and complies with stringent regulatory standards to safeguard market integrity and consumer interests.

- Brokerage License

Authorizes a broad spectrum of financial activities, including:

- Stock and securities brokerage

- Financial advisory and wealth management

- Asset and fund management

- Custody services and transaction clearing

- Payment processing and currency trading (FOREX)

- Issuance and underwriting of securities

Ideal for companies catering to high-net-worth individuals, institutional investors, or retail clients on a global scale.

- Virtual Asset Service Provider (VASP) License

Encompasses all digital asset activities, including:

- Cryptocurrency exchanges and trading platforms

- Digital wallet services (custodial and non-custodial)

- Blockchain-based platforms and smart contract services

- Initial coin offerings (ICOs), token issuance, and NFT platforms

Tailored to address the growing demands of the crypto and blockchain sectors while ensuring adherence to anti-money laundering and counter-terrorism financing compliance.

- Banking License

Permits offshore banking operations, including:

- Deposit-taking and lending services

- Foreign exchange and payment processing

- Trade finance and wealth management

Ideal for institutions aiming to function as comprehensive offshore banks.

- Insurance License

Enables the provision of:

- Life, property, and casualty insurance

- Reinsurance and captive insurance services

- Insurance brokerage and advisory services

Perfect for insurers focusing on international markets.

- Gaming License

Covers online gaming and gambling activities, such as:

- Online casinos and poker platforms

- Sports betting and e-sports wagering

- Lotteries and sweepstakes

Presents a competitive opportunity for operators in the rapidly expanding online gaming industry.

- Trust Fund License

Authorizes the establishment and management of trust funds, including:

- Estate planning

- Asset protection

- Charitable trust services

Caters to individuals and organizations seeking secure and legally compliant wealth preservation solutions.

License Application

Apply

Frequently Asked Questions

What is IRAGC's purpose?

IRAGC ensures integrity and transparency in offshore financial regulation for the Union of the Comoros.

How does IRAGC support businesses?

We provide a tax-efficient environment and adhere to international regulatory standards to serve global businesses.

When was IRAGC established?

IRAGC was founded in 2015 under the Grande Comore Financial Services Act to enhance financial regulation.

What services does IRAGC offer?

IRAGC provides regulatory oversight, licenses for financial services, and guidance for offshore companies.

How can I contact IRAGC?

You can reach us through our official website's contact page for inquiries and support.

Is IRAGC recognized internationally?

Yes, IRAGC is committed to aligning with global regulatory standards, ensuring international recognition for our jurisdiction.

Regulatory Projects

Explore our initiatives for a robust financial ecosystem.

A bright and colorful street scene featuring a small commercial building with a painted facade. The left side shows an older building with faded paint and a palm tree in the background. On the right, a vividly painted shop with the sign 'BANCA MJP', offering fast and secure payment services, is visible. The setting is tropical, with lush greenery and a clear blue sky overhead.

Compliance Framework

Our compliance framework ensures adherence to international standards, fostering trust and stability in the offshore financial sector of Grande Comore.

An offshore oil rig stands in the middle of a body of water, with a clear blue sky in the background. The structure is supported by multiple pillars and features a derrick and cranes, suggesting it is actively used for oil extraction. Surrounding the rig, there are distant cityscapes and verdant hills, indicating its proximity to a coastal area.

Innovation Initiatives

We promote innovative solutions to enhance financial services, driving growth and attracting global businesses to our jurisdiction.