# Fintech licensing in Mauritius

Source page: https://protegra.io/licensing/jurisdictions/mauritius/

In Mauritius, fintech and crypto licences are issued by the Financial Services Commission (FSC). The Atlas covers 7 licence types there, in 2 families: investment firm and virtual asset service provider. Each licence page lists its legal basis, fees and decision period with sources.

## Financial regulators in Mauritius

- [MauritiusFinancial Services Commission (FSC)The FSC is the integrated statutory regulatory authority for non-banking financial services and global business in Mauritius, mandated under](https://protegra.io/licensing/regulators/fsc-mauritius/)

## Fintech licences available in Mauritius

### [Investment firm / broker-dealer](https://protegra.io/licensing/licences/investment-firm/)

- [IF · MauritiusInvestment Adviser LicenceFSC](https://protegra.io/licensing/licences/investment-firm/mauritius-investment-adviser/)
- [IF · MauritiusInvestment Dealer LicenceFSC](https://protegra.io/licensing/licences/investment-firm/mauritius-investment-dealer/)

### [Virtual asset service provider (non-MiCA)](https://protegra.io/licensing/licences/vasp/)

- [VASP · MauritiusVirtual Asset Advisory Services (Class I)FSC](https://protegra.io/licensing/licences/vasp/mauritius-class-i/)
- [VASP · MauritiusVirtual Asset Broker-Dealer (Class M)FSC](https://protegra.io/licensing/licences/vasp/mauritius-class-m/)
- [VASP · MauritiusVirtual Asset Wallet Services (Class O)FSC](https://protegra.io/licensing/licences/vasp/mauritius-class-o/)
- [VASP · MauritiusVirtual Asset Custodian (Class R)FSC](https://protegra.io/licensing/licences/vasp/mauritius-class-r/)
- [VASP · MauritiusVirtual Asset Market Place (Class S)FSC](https://protegra.io/licensing/licences/vasp/mauritius-class-s/)

## Main laws

- [The Virtual Asset and Initial Token Offering Services Act 2021](https://protegra.io/licensing/laws/mu-vaitos-act-2021/): Act No. 21 of 2021

## Path to market

Start by mapping the activities you plan to offer onto the licence types above; the activity pages show which licence permits each one. FSC offers pre-application meetings, an innovation hub and a regulatory sandbox; the regulator page explains how to use them. The application goes to FSC, together with the capital, governance and AML documentation the licence page lists.

Last verified: · Author: Danil Marmysh · Reviewed by Anastasia Sidorenkova · © Protegra. Data: CC BY 4.0, cite "Protegra Licensing Atlas". Not legal advice.