Investment dealer licence in Mauritius

About This Company

The Securities Act 2005 provides the statutory foundation for an Investment Dealer licence in Mauritius. Establishing a new licensed entity requires substantial preparatory lead time. In practice, applicants typically face 4 to 7 months from initial submission to final licensing, covering documentation, vetting, and local operational substance. Application fees range from USD 500 to USD 3,250. Section 17B of the Financial Services Act 2007 sets the statutory decision deadline at 10 working days once the Financial Services Commission deems an application complete. By contrast, acquiring an existing licensee channels the buyer into a change of control procedure under Section 23 of the Financial Services Act 2007 and Section 16 of the VAITOS Act 2021. Prior regulatory approval is mandatory for any issue or transfer of shares or beneficial interest, rendering unauthorised transfers void. Regulators in Ébène conduct fit and proper vetting on all controllers who hold 20% or more of voting power or shares. A buyer avoids initial entity establishment but must satisfy controller vetting before the share transfer can take effect. Confirmation of active licensing remains available on the FSC public register by filtering by licence category or searching by corporate name.