Investment Dealer License

Retail Clients:

• Individual investors and traders
• Small and medium enterprises
• High-net-worth individuals

Professional Clients:

• Institutional investors -- banks, insurance companies, pension funds
• Regulated entities -- other financial services companies
• Government entities and sovereign wealth funds

Geographic Scope:

• Serve clients globally (subject to local marketing restrictions)
• No restrictions on serving international clients
• Access to multiple time zones from Mauritius strategic location

Investment Dealer Categories:

• Full Service (including underwriting): MUR 10M (approx USD 220,000)
• Full Service (excluding underwriting): MUR 1M (approx USD 22,000)
• Broker: MUR 700K (approx USD 15,000)
• Discount Broker: MUR 600K (approx USD 13,000)

Investment Adviser Categories:

• Corporate Finance Advisory: MUR 1M (approx USD 22,000)
• Unrestricted: MUR 600K (approx USD 13,000)
• Restricted: MUR 500K (approx USD 11,000)

Our Complete Service Package:

• Standard setup: From USD 35,000 (all-inclusive)
• Premium setup: From USD 50,000 (enhanced services)

What is Included:

• Company incorporation in Mauritius
• FSC license application and processing
• Legal documentation and compliance manuals
• Office setup and local presence
• Banking assistance and account opening
• Key personnel placement (directors, compliance)

Government Fees:

• FSC application fee: USD 1,000-2,500 (depending on license type)
• Registration and filing fees: USD 500-1,000

Mandatory Annual Costs:

• FSC license renewal fee: USD 2,500-5,000 (varies by license type)
• Local office and administration: USD 12,000-18,000
• Compliance officer and local staff: USD 24,000-36,000
• Audit and accounting: USD 8,000-12,000
• Legal and regulatory updates: USD 3,000-5,000

Optional Services:

• Enhanced compliance support
• Business development assistance
• Additional staff or office upgrades

Corporate Tax Benefits:

• 15% corporate tax rate (among the lowest globally)
• 3% deemed foreign source income for qualifying companies
• Extensive double taxation treaties with 40+ countries

Additional Tax Benefits:

• No withholding tax on dividends to non-residents
• No capital gains tax on securities transactions
• No inheritance tax
• Partial exemption on foreign source income

Global Business License benefits:

• Access to preferential tax rates under treaty network
• Substance requirements that are practical and achievable
• Professional tax planning opportunities

Detailed Timeline:

• Company incorporation: 2-3 weeks
• Documentation preparation: 4-6 weeks
• FSC review and due diligence: 12-20 weeks
• Final approval and setup: 4-6 weeks

Factors affecting timeline:

• Completeness of initial documentation
• Complexity of business model
• FSC workload and seasonal variations
• Response time to FSC queries

Foreign Ownership Benefits:

• No local shareholding requirements
• No minimum local director requirements
• Full repatriation of profits and capital
• No exchange control restrictions for licensed entities

Practical Requirements:

• Local registered office in Mauritius
• Resident management company or local representation
• Substance requirements -- adequate local presence

What We Provide:

• All required local infrastructure
• Professional local management
• Compliance and regulatory liaison
• Full operational support from Mauritius

Application Phase:

• No visit required -- all documentation can be handled remotely
• Virtual meetings with FSC can be arranged if needed
• Power of attorney allows us to represent you throughout

Operational Phase:

• Substance requirements -- adequate local presence needed
• Office and staff -- professional setup required
• Banking relationships -- beneficial to establish in person

Optional Benefits of Visiting:

• Meet your local team and see facilities
• Build relationships with banks and service providers
• Understand the local business environment

Professional Experience:

• Relevant financial services experience (minimum 5+ years recommended)
• Proven track record in investment services, securities, or related fields
• Qualified management team with appropriate credentials

Financial Standing:

• Adequate capital resources to meet minimum requirements
• Clean financial history -- no bankruptcy or major financial difficulties
• Source of funds verification for capital injection

Regulatory Standards:

• Fit & Proper assessment for all directors and key personnel
• Clean regulatory record -- no major violations or sanctions
• Good reputation in professional and business communities

Business Requirements:

• Comprehensive business plan with realistic projections
• Clear business model and target market strategy
• Adequate compliance framework and risk management

Investment Dealer - Full Service:

• Securities intermediation -- execute transactions for clients
• Principal trading -- trade for your own account with resale intention
• Underwriting services -- distribute securities for issuers (if authorized)
• Portfolio management -- discretionary management of client assets
• Investment advice -- ancillary to your main business activities

Investment Adviser Services:

• Portfolio management under mandate
• Securities advisory through various channels
• Corporate finance advisory -- M&A, capital raising, listing compliance

Geographic Scope:

• Global operations from Mauritius base
• Multiple asset classes -- equities, bonds, derivatives, FX
• Multiple client types -- retail, professional, institutional

Financial Reporting:

• Annual audited accounts (within 6 months of year-end)
• Quarterly regulatory returns and statistical reports
• Capital adequacy monitoring and monthly reporting
• Client money reconciliation and reporting

Operational Compliance:

• Client fund segregation -- separate from company accounts
• AML/CFT procedures -- ongoing due diligence and monitoring
• Risk management framework -- policies, procedures, monitoring
• Record keeping -- all transactions and client communications

Governance Requirements:

• Board meetings -- minimum quarterly with proper minutes
• Compliance monitoring -- regular reviews and updates
• Staff training -- ongoing education on regulatory changes
• Incident reporting -- breaches, complaints, operational issues

Financial Compliance:

• Maintain minimum capital at all times above required levels
• Submit timely reports -- financial, statistical, regulatory
• Pay all fees and levies on schedule
• Keep proper accounting records and audit trails

Operational Standards:

• Adequate local presence -- office, staff, management
• Professional conduct -- fair dealing with clients
• Proper systems and controls -- IT, risk management, compliance
• Client protection -- segregation, insurance, dispute resolution

Ongoing Engagement:

• Respond promptly to FSC communications and inquiries
• Notify changes -- directors, shareholders, address, activities
• Maintain professional standards -- staff training, qualifications
• Regular compliance reviews -- internal audits and assessments

Best Practices:

• Proactive communication with FSC
• Professional advisory support
• Regular compliance updates and training
• Strong corporate governance

Geographic Advantages:

• Strategic location -- between Europe, Asia, and Africa
• Excellent time zone coverage -- overlap with major financial centers
• Strong telecommunications and digital infrastructure
• English-speaking professional environment

Regulatory Benefits:

• Passport to global markets -- FSC license recognized internationally
• Treaty network access -- 40+ double taxation treaties
• Flexible operations -- can serve clients globally
• No geographic restrictions on client base

Practical Considerations:

• Marketing restrictions -- comply with local laws in client jurisdictions
• Cross-border regulations -- understand client country requirements
• Currency and payment systems -- multi-currency capabilities
• Professional relationships -- banks, liquidity providers, technology vendors

Our Global Support:

• International banking relationships
• Technology infrastructure for global operations
• Professional network and industry connections
• Cross-border compliance guidance

Regulatory Support:

• FSC liaison -- handle all regulatory communications
• Compliance monitoring -- ongoing reviews and updates
• Regulatory reporting -- prepare and submit all required reports
• License renewals -- annual renewals and fee payments

Operational Services:

• Local management -- experienced professionals handling day-to-day operations
• Office and administration -- maintained to FSC standards
• Banking relationships -- ongoing bank account management
• Staff and HR services -- local team management

Business Development:

• Strategic advisory -- business growth and expansion planning
• Market intelligence -- regulatory updates and market insights
• Professional networking -- introductions to key industry players
• Technology solutions -- platform integration and system support

Value-Added Services:

• Tax planning and optimization strategies
• Corporate structuring advice
• Risk management framework development
• Training and education for your team