The Mauritius Financial Services Commission has clarified the restructured licensing fee framework for the Global Business sector following industry concerns about competitiveness and operating costs. The changes implement a 2025-2026 government budget measure and recalibrate fees that had not kept pace with regulatory costs. Processing fees had remained unchanged since 2008, while annual licence fees were last reviewed in 2019. The review accounted for inflation, expanded international compliance obligations, supervisory complexity and risk. Fees were reduced for several activities, including VCC Funds, asset management and Representative of Investment Dealer licences, while some remained unchanged. Higher fees for Authorised Companies reflect their cross-border activities, higher inherent risk and need for more intensive supervision. The Commission maintains that the revised fees remain competitive against comparable international financial centers and noted that the changes followed industry consultation.
2026-07-10Mauritius Financial Services Commission
Mauritius Financial Services Commission clarifies Global Business licensing fee realignment and risk-based charges
The Mauritius Financial Services Commission has clarified its Global Business licensing fee realignment, citing higher regulatory costs and fees that had not been comprehensively updated for years. Some fees were reduced or left unchanged, while higher charges for Authorised Companies reflect their cross-border risks and greater supervisory demands.