Mauritius Securities Dealers / Forex License Offshore
MAURITIUS INVESTMENT DEALERS LICENSE (FX)
THE LICENSE FOR FOREX, CFDs, INDICES ETC
Become an own Brokerage institute and offer Managed Accounts, Self Trading Accounts for customers and enable trading activities in CFDs, FX, Commodities, Shares, Bonds etc. - Get full SWIFT funding bank accounts and get access to reputable Liquidity Providers. Let's celebrate your success in a tax friendly environment. BL Corporate Services Ltd will introduce you to one of the best Management Companies in Mauritius, which is specialised on setting up Investment Dealer licensed entities.
Mauritius is a flourishing offshore financial center; its formation market has become one of the fastest growing company registries in the world due to its efficiency, innovation and its broad range of offshore services.
No other offshore jurisdiction can look back on annual growth rates between 5-8% per year like Mauritius. Offer your customers first class FX and securities dealing services and profit on spreads, put your mark-ups or manage even entire portfolios. Do it offshore in a regulated environment where it‘s easy but trusted.
Mauritius is the jurisdiction for it.
Investors and businesses are flocking to Mauritius, taking advantage of its low cost, strict confidentiality laws and flexible incorporation regulations making the formation process simple and efficient.
If you are looking for a jurisdiction with firm privacy regulations and tax-free opportunities in a supportive offshore environment, Mauritius may be the perfect choice for your next offshore company formation.
Outstanding advantages:
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Low corporate tax for your FX company
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Quick approval and application process
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100% Western standard in legal framework
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Fantastic banking infrastructure
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Guaranteed full bank account openings with multi currency accounts (suitable also for customers third-party funding)
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No problems to arrange partnerships with overseas brokerage institutes or liquidity providers
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Mauritius is a member of ESAAMLG, the assessment of the implementation of anti-money laundering and counter-terrorist financing (AML/CFT) measures in Mauritius was conducted by the International Monetary Fund (IMF) and adopted by ESAAMLG since 2008.
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English is business and trade language along with French
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Only 2 hours time difference to Central Europe - so strategically you can reach Europe, Asia, and the US within one business day
Trade in FX, CFDs, Commodities, Futures, Bonds, Shares etc. - either by offering Managed Accounts for your clientele or let them trade by themselves. Offer finest Securities Dealing in a white listed jurisdiction. Mauritius is your destination.
Regulator:
The regulator and supervisor for this activity is the Mauritius Financial Services Commission.
Professionalism in Mauritius through BL's network:
The experienced team within our collaborating MCs / CSPs in Mauritius will help you and guide you through the licensing process, preparing your paperwork, giving you priceless input and delivering more services than most Corporate Services Providers are offering.
Add-Ons
Partnerships with Liquidity Providers or other brokers are without any problems possible. White Listing is priceless.
PERMITTED ACTIVITIES
The Mauritius Investment Dealer Licenses enables you to carry out the following services:
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act as an intermediary in the execution of securities transactions for clients (CFDs, FX, Commodities, shares, bonds)
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trade in securities as principal with the intention of reselling these securities to the public
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give investment advice which is ancillary to the normal course of his business activities; and
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manage portfolios of clients
The definition of "dealing in securities" includes a requirement of an intention to make a profit. As a result, foreign exchange transactions that are intended to make a profit for the client (as opposed to simple money exchange) fall within the definition of "dealing in securities" and licenses are required to carry on that business.
IMPORTANT THINGS
Due to our 15 year long business activity we can offer you the introduction to EU regulated brokers and Australian Liquidity Providers. The introductions are free of charge.
Also in Payment Provider accesses in Europe to enjoy SEPA funding for customers and card processing to take-in funds, we can assist for a very little fee. Talk to us.
TAXATION
The Mauritius GBC1 is set up under the Companies Act 2001 and licensed under the Financial Services Act 2007 - so an attractively low corporate tax will apply to your business compared to FX entities to be registered in Europe or South East Asia.
A Mauritius GBC1 is considered as a Mauritius tax resident company (and therefore have access to the double tax treaties of Mauritius) if its management and control is exercised from Mauritius (what we will arrange in our setup package).
CAPITAL REQUIREMENT
The capital requirement / paid-up capital for a FX / Securities Dealers licensed entity in Mauritius is low compared to other jurisdictions (excluded of the setup and licensing price - can come from other entities, e.g. based on board resolutions).
BANK ACCOUNTS
An FX company without bank accounts is useless - just a licensed company without payment facilities won't bring you success.
We can guarantee through our CSP partners in Mauritius the opening of full SWIFT bank accounts in the name of your Mauritius FX company with the real big players in the islands. Multi Currency Accounts, online banking, digi pass security and debit cards to pay directly business expenses are standard.
Our MCs in Mauritius will provide you with all bank account opening forms pre-filled, ready for signature and shipment back to Mauritius.
Also the introduction to fully regulated EU Payment Providers we can arrange through our network. Up from day one after license approval you can start accepting customer funds and generate profits.
BROKERAGE & LP INTRODUCTION
If requested BL is organizing a full brokerage introduction to European Brokers based in Cyprus or Australian regulated Liquidity Providers. Use their infrastructure, software and tools and start offering your services from the first day on.
The brokerage introduction is for free and not a must. Our brokerage partners are working related to the MiFID guidelines and having the so called EU-Passport for cross-boarder services into any major European country. Use their regulation for a SAFE working.
FULL FX-BROKERAGE SETUP MAURITIUS
Standard Corporate Services:
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GBC1 Setup incl all register fees
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Regulatory Fees / FSC and ROC
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One Off FATCA Registration
Licensing services and licensing support:
Duly dated and pre-filled Application Form, Prescribed Processing and/or Annual Fee(s). - your future fee tableau and general basic info about the core business and core business activities you are going to undertake as Securities Dealer (should be in accordance to the Permitted Activities), Business Plan including: (i) – Introduction and Background; (ii) – Business objective, strategy and proposed activity; (iii) – Organisation Chart; (iv) – Target market(s) and client(s) profile; (v) – Mode(s) of financing; (vi) – Three year Financial Forecasts (Balance Sheet, Profit and Loss Account, and Cash Flow Statement); and (vii) – Any other relevant information, Confirmation that the Applicant shall implement a manual of internal control and compliance procedures, once it is licensed/ authorised, appointment of local directors and compliance officers, bank account opening, acquisition of tax advisor / auditor and much more.
Mauritius Investment Dealer FX Brokerage - Get exposure!
COMPLIANCE PACKAGE (MONTHLY PAYABLE)
To fulfil the requirements permanently, our Mauritian MCs are offering a full compliance package for your reguated entity to make sure that you will never disappoint the regulator and all goes really according to the laws. The content of the monthly package is:
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Administration Fees and Local Director (2x)
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Registered Office and Registered Agent
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Accounting and Yearly Financial Statements, Taxation (quarterly and annual)
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On-going Compliance to satisfy regulator / check of customers Due Diligence
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On-going FATCA Reporting of US customers
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Regulatory fee (FSC, ROC)
The payments for the ongoing services are to paid directly to our friendly and professional Mauritian counterparts.