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Forex Licence in Mauritius

posted 2 months ago

Due to the regulator’s lenient requirements, many brokers choose a Mauritius Forex licence to start their brokerage activities. SBSB Fintech Lawyers experts help clients navigate the licensing process, handling all organizational and legal issues for them.

Advantages Of Mauritius Fx License

The Financial Services Commission of Mauritius (FSC) regulates the non-banking financial services market and issues licenses in this jurisdiction. For brokerage services, a broker’s license or the more extensive dealer’s license (allows you to trade securities on behalf of clients) is provided.

Each of them allows legally providing various services related to the Forex market. However, the Mauritius forex trading license requirements (minimum capital size, annual license fee, and the range of services allowed to be provided) are significantly different. To learn more about the differences and choose the optimal licensing option, contact SBSB experts!

There are several reasons why many brokers choose Mauritius for official registration:

  • favorable regulatory environment;
  • favorable tax rates for foreign companies that are not tax residents of Mauritius;
  • the functionality of the licenses allows working with clients from different countries;
  • Mauritius strictly adheres to international standards and has signed dozens of double taxation avoidance agreements.

Forex Licence Requirements Mauritius

Potential licensees must meet the following requirements:

  • a physical office is mandatory in the jurisdiction;
  • there must be at least 2 resident directors in Mauritius;
  • develop and implement AML policies and KYC procedures;
  • open a corporate account in a local bank.

To apply for a Mauritius license forex, applicants must prepare the following documents:

  • detailed information about directors and shareholders;
  • company information (business plan, charter, etc.);
  • description of services the organization plans to provide;
  • documents confirming compliance with the regulator’s capital requirements.

Stages And Timing Of Mauritius Forex Broker License

The licensing process is as follows:

  • preparation of a document package;
  • company registration;
  • payment of registration fees;
  • submission of an application to the regulator.

The review period for an application can take 3–4 months.

Our team also offers ready-made solutions, such as the Mauritius Forex license for sale. Leave a request for consultation, and our specialists will contact you to discuss your project!

Mauritius Forex License Cost

The cost of obtaining a license in this jurisdiction is influenced by various factors, including additional legal services and various expenses. Leave a request, and we will analyze the project to estimate its cost.

Obtain Mauritius Forex Trading License With Full Legal Support From SBSB Fintech Lawyers

To reduce the risk of rejection by the regulator when reviewing the application, contact SBSB Fintech Lawyers. Our team has specialized in FinTech, Crypto, and brokerage projects since 2013. We offer individual solutions tailored to the client’s requests and the specifics of their company’s business model. Contact us, and you will receive comprehensive “turnkey” legal support in obtaining a brokerage license or when searching for a forex broker license for sale in Mauritius. Our experts are familiar with regulatory requirements and the specifics of regulators’ work in different jurisdictions, so they can select and obtain the optimal solution for you.

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