Isavella Evripidou

Founder and Chief Executive Officer

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Mauritius ForexBrokerage License

Licenses are granted by the Mauritius Financial Services Commission (“FSC”) under the provisions of the Mauritius Securities Act 2005. Below please find features of the particular license categories in more details:

Feature/Category

Investment Dealer License

Investment Adviser License

Type of company required to be eligible

GBL

GBL

Corporate taxation

From 3% to 15% on profits

From 3% to 15% on profits

Minimum paid-up statutory capital

Market Maker License

10,000,000 Mauritian rupees

STP License

600,000 Mauritian rupees

Unrestricted

600,000 Mauritian rupees

Restricted

500,000 Mauritian rupees

Main requirements

Minimum 2 directors (locals), Compliance & AML Officers (locals), tax calculation, bookkeeping/audit, audited financial statements, qualified personnel

Minimum 2 directors (locals), Compliance & AML Officers (locals), tax calculation, bookkeeping/audit, audited financial statements, qualified personnel

Timeframe

A complete license application is normally decided upon FSC approval within 4-7 months from the date of filing

A complete license application is normally decided upon FSC approval within 4-7 months from the date of filing

Government fees

From 500 USD to 3250 USD*

From 750 USD to 1000 USD*
GFSC GLOBAL can offer as well the following services in relation to the license application, which include: 1) Opening of operational and clients bank accounts (worldwide) 2) Assistance with recruitment of personnel (e.g. Executive Director(s), Independent Non-Executive Director(s), other required qualified personnel) 3) Provide outsourced services, such as Accounting, Bookkeeping, Internal Audit, External Audit, Tax Calculation 4) Provide outsourced Compliance & AML Support services 5) Provide outsourced Risk Management services 6) Assistance with finding local premises 7) Assistance with Trademark & Brand Name registration 8) Provide in-house trainings/seminars 9) Provide Legal Opinions 10) Provide DPO & GDPR Advisory services

GFSC Global provides full Post Licensing support:

  • AML/ Compliance support, Risk management support, Legal services
  • Internal and External audit services
  • Capital Adequacy Calculation, ICAAP
  • In–house Seminars and Trainings
  • Registration of Branches, Rep. Offices worldwide
  • Legal opinions
  • CRS and FATCA reporting
  • DPO & GDPR advisory services

Apply for Mauritius ForexBrokerage License

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