The Mauritius Investment Dealer License (Full-Service Dealer Excluding Underwriting) is a popular choice for forex brokers and investment firms looking to establish operations in a well-regulated, internationally recognized jurisdiction.
4-6 weeks
Approval Timeline
~USD 25K
Minimum Capital
FSC
Regulator
License Overview
This license permits dealing in securities, trading as principal, and managing client portfolios. However, underwriting activities are excluded under this license category. For firms requiring underwriting capabilities, a different or upgraded license will be necessary.
Key Requirements
Personnel
- Two Dealers with regulated environment experience
- Two Local Directors (Mauritian residents)
- Compliance Officer for regulatory adherence
Infrastructure
- Physical office presence in Mauritius
- Corporate bank account (post-approval)
- Professional indemnity insurance
Capital Requirements
Minimum paid-up capital of MUR 1,000,000 (approximately USD 20,000-25,000). This capital must be deposited and maintained locally in a Mauritius bank account.
Timeline for Approval
Once documentation and personnel are in order, the approval timeline is approximately 4-6 weeks. This assumes all documentation is complete and personnel meet fit and proper requirements.
Factors That May Affect Timeline
Permitted Activities
Why Choose Mauritius?
Ongoing Compliance
Licensed entities must maintain ongoing compliance with FSC regulations, including regular reporting, audit requirements, and adherence to AML/CFT frameworks. Factor in operational costs for office, staff, systems, and insurance in your long-term planning.
Ready to Get Licensed?
We guide businesses through the licensing process across multiple jurisdictions, from application to approval.