An Asset Management licence from the FSC Mauritius authorises a company to manage clients’ assets and portfolios as a regulated financial institution. It covers services such as discretionary portfolio management, investment advice and strategic asset allocation across a range of eligible asset classes.
Licensed managers operate under the FSC’s supervision and must meet defined standards on governance, risk management, disclosure and transparency, giving investors confidence that their assets are handled within a robust regulatory framework
Mauritius offers an attractive tax regime for global business companies. The jurisdiction has a low corporate tax rate, and there are various tax treaties in place that can minimise withholding taxes on dividends, interests, and royalties.
Global Business Companies (GBCs) managing assets from within Mauritius benefit from exemptions on capital gains tax, whichcan enhance the returns on investment portfolios. Jump to our GBC section for more insights.
The FSC of Mauritius operates under a regulatory framework that aligns with international best practices. This provides a high level of confidence and trust among clients, knowing that their assets are managed under the supervision of a regulator.
Moreover, Mauritius has established itself as a stable and reputable jurisdiction for financial services. Holding an asset management licence from the FSC signals to clients that a firm is reliable and adheres to regulatory standards.
Mauritius is strategically located as a gateway to both African and Asian markets. This geographical advantage allows asset management firms to tap into emerging markets with significant growth potential through its extensive network of DTAAs to facilitate smooth cross-border investments and reduce the tax burden on international transactions.
Mauritius consistently ranks high in the global ease of doing business indices. The regulatory environment is business-friendly, and the process of obtaining licences and approvals is streamlined and efficient. Furthermore, the country boasts state-of-the-art telecommunications and financial infrastructure, ensuring seamless business operations and connectivity with global markets.
Develop a detailed business plan that sets out your proposed asset management strategies, target investor base, operating model and three‑to‑five‑year financial projections. This document underpins the licensing file and demonstrates the commercial viability and regulatory soundness of your proposition.
With Abbey House’s support, prepare and collate all required application materials, including the business plan, financial forecasts, governance and ownership information, personal questionnaires for directors and key officers, and relevant policies and procedures. Abbey House will submit the complete application pack to the FSC and other competent authorities, following which the regulators will conduct detailed due-diligence and compliance checks against the licensing criteria.
During the review, the FSC may request clarifications or further documentation. Once the regulator is satisfied that all conditions have been met and the fit‑and‑proper tests are passed, it will grant the asset management licence. Following approval, Aabey House will coordinate the finalisation of your banking arrangements so the licensed entity can begin operating.
After licensing, you will need to put in place the necessary operational infrastructure, systems and controls to run the asset management business, including portfolio systems, compliance and risk frameworks, and reporting tools. You should also recruit and train staff so they are fully familiar with Mauritius’ regulatory requirements, internal policies and recognised best practices in asset management.
Our team is ready to assist you with tailored solutions.