Fund

A Collective Investment Scheme means a scheme constituted as a company, a trust, or any other legal entity prescribed or approved by the FSC

• Whose sole purpose is the collective investment of funds in a portfolio of securities, or other financial assets, real property or non-financial assets as may be approved by the Commission

• Whose operation is based on the principle of diversification of risk,

• That has the obligation, on request of the holder of the securities, to redeem them at their net assets value, less commission or fees, and

• Where the participants do not have a day to day control over the management of the property, whether or not they have the right to be consulted or to give directions in respect of such management

A Closed-end fund is an arrangement or a scheme, whose object is to invest funds, collected from subscribers during an offering made to investors or from sophisticated investors, in a portfolio of sec

• Being listed on the Stock Exchange of Mauritius
• Being exempt from Capital Gains Tax
• Tax liability of 0-3% on business profits in Mauritius
• No withholding tax on dividends, interests or royalties
• No compulsory participation of local investors
• Access to a wide network of Double Taxation Avoidance Agreements
• directions in respect of such management

• Formation of fund

• Advice on the most efficient structure from various perspective mainly tax, substance, company law and compliance

• Fund Administration

• Assist with opening of bank accounts, handling matters following deliberations at Board meetings, liaison with service providers and regulatory authorities.

• Tax Advisory

• Ensuring compliance with licensing conditions and on-going rules & regulations.

• Transfer Agent services

• Fund Accounting