All jurisdictions
VUT · Tier 4
Vanuatu
Vanuatu Financial Services Commission (VFSC) Online Gaming Licence — ultra-offshore, minimal framework, low prestige.
At a Glance
- Timeline
- 8–12 weeks
- Markets
- Global ex-restricted
- Tier
- 4
UNVERIFIED — figures for guidance only. As of 10 June 2026. Verify with the regulator before making licensing decisions.
What works here
Opportunities
- +Early-stage operators testing a hypothesis under a minimal regulatory framework
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
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