Specialized Collective Investment Schemes (“Specialized CIS”) are Collective Investment Schemes that invest in real estate, derivatives, commodities or other products authorized by the FSC. A Collective Investment Scheme that wishes to be designated as a Specialized CIS must apply to the FSC to be authorized as such. As part of this process, the FSC will decide which of the Regulations will apply to that Specialized CIS and whether any further terms and conditions should be applied.

Key Features

Mauritius Professional CIS

Corporate Details

General

  • Type of Entity

CIS

  • Type of Law

English Common Law

  • Registered Office in Mauritius

Yes

  • Other Local Service Providers

Yes

  • Our time to obtain licence

3 Weeks

  • Corporate Taxation

No

  • Types of Investment

Real Estate and Derivatives

Share capital or equivalent

  • Standard currency

US$

  • Permitted currencies

Any

  • Minimum Subscription

No

  • Minimum Investors

No

Directors

  • Minimum number

2

  • Local required

No

  • Corporate directorship allowed

Yes

Service Providers

  • Custodian

Yes

  • Fund Manager/Investment Manger

Yes

  • Fund administrator

Yes

  • Auditors

Yes

Accounts

  • Requirements to prepare

Yes

  • Audit requirements

Yes

  • Requirements to file accounts

Yes

Advantages

  1. There is no withholding tax on dividends payable to foreign individual and institutional investors in Mauritius;
  2. Dividends received by a Mauritian resident institutional investor are exempt from tax in Mauritius;
  3. No tax is imposed on capital gains, except on transactions in land and immoveable property;
  4. Any securities held for more than six months are considered as capital gains and are not taxable in Mauritius.

The Valsen Advantage

  • Speedy, Efficient and consistent Services.
  • Relentless effort to obtain bank accounts.
  • Expert advice on structuring options.
  • Dedicated ongoing compliance support.