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Mauritius - Regulatory Framework for Overseas Family Offices
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Mauritius - Regulatory Framework for Overseas Family Offices

10/04/2019

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