Iudara

VUT · Tier 4

Vanuatu

Vanuatu Financial Services Commission (VFSC) Online Gaming Licence — ultra-offshore, very cheap, low prestige.

At a Glance

Setup
$10K–$20K
Annual
$15K+
Timeline
8–12 weeks
Tax
Fixed annual fee
Markets
Global ex-restricted
Tier
4
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What works here

Opportunities

  • +Early-stage operators testing a hypothesis at minimal regulatory cost

What to watch

Watch-outs

  • !Tier-1 PSP acceptance is poor
  • !Reputational ceiling for any institutional fundraise
  • !Useful as an interim licence only

Permitted Verticals

CasinoSportsbookPokerB2B

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