The Mauritius FSC has released on Monday 08th April 2019 a consultation paper on the Regulatory Framework for Overseas Family Offices (both Single and Multiple Family Office). Although at a consultation phase, subject to meeting the specific requirements such as employment (at least one professional for Single and at least three professional for Multiple) of residents in Mauritius; physical office in Mauritius, and assets under management (more than USD 5 million for Single and more than USD 5 million for each family for Multiple) – the Single and Multiple Family Office once licensed shall be subject to tax holiday/tax exemption of 5 years in Mauritius.
Please contact Neermal on n.poonie@rosemont.mu for more details.
We shall advise once the Regulatory Framework becomes effective in Mauritius
Mauritius - Regulatory Framework for Overseas Family Offices
10/04/2019