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Investment Adviser

Investment Adviser Licence.

A Mauritius Investment Adviser licence authorises the holder to give investment advice on securities, or — under the Unrestricted category — to manage portfolios of securities under a discretionary mandate. The fastest, most capital-efficient route into the Mauritius regulated space.

Category

Unrestricted

Manage portfolios under mandate AND advise. Min. capital ~USD 17,500.

Category

Restricted

Advise on securities only — no discretionary management. Min. capital ~USD 14,500. Eligible for 80% partial exemption.

Category

Corporate Finance Advisory

Advise on corporate finance / securities transactions. Min. capital ~USD 30,000.

What you can do (Unrestricted)

  • Manage portfolios of securities under a discretionary mandate
  • Provide investment advice on securities through any media
  • Onboard private and institutional clients globally
  • Combine with Tradex brokerage tech to run an end-to-end advisory desk

Eligibility & substance

  • GBC company + FSC Investment Adviser licence
  • Min. capital ~USD 17,500 (Unrestricted) / ~USD 14,500 (Restricted)
  • At least 2 Mauritius-resident directors; staff with relevant degree + 4 years' investment experience
  • Principal bank account, accounting records and audited financial statements in Mauritius
  • Compulsory insurance cover under CIS Regulations 2008 / Securities Act 2005
  • Audited financials filed within 6 months of year-end
  • Tax rate 15% (Restricted: effective ~3% with 80% partial exemption, subject to substance)

Cost breakdown — Unrestricted (new company, USD)

Per the Premier Financial Services quote.

ItemYear 1 — GovernmentYear 1 — PremierYear 2+ — GovernmentYear 2+ — Premier
Formation / incorporation & application1,0008,000
Annual fees (Registered office, FSC-approved Secretary, 2 Resident Directors, FSC + RoC fees)4,1508,5004,1508,500
MLRO, DMLRO and Compliance Officer7,5007,500
Bank account opening (one-off)1,000
Annual tax return filing2,000
Annual accounts filing (minimum)2,500
Total fees5,15025,0004,15020,500

Excluded: audit fees (~USD 2,500/yr), insurance (~USD 3,000/yr), AML/CFT independent auditor (~USD 2,000/yr), monthly compliance fees, rented office space.

Adding to an existing Mauritius company (USD)

Investment Adviser (Unrestricted) — added to an existing GBC.

ItemYear 1 — GovernmentYear 1 — PremierYear 2+ — GovernmentYear 2+ — Premier
Licence application1,0005,500
Annual administrative fees4,1506,0004,1506,000
MLRO, DMLRO & Compliance Officer1,5001,500
Bank account opening1,000
Annual accounts filing (minimum)2,500
Total fees5,15014,0004,15010,000

Same exclusions as the new-company quote (audit, insurance, AML auditor, monthly compliance).

Ready to get advised-up?

We'll handle the FSC application end-to-end — from incorporation and key persons to MLRO, compliance and live trading on Tradex's infrastructure.

Start your application