Family Office

Family Office Licence

To further position Mauritius as a leading centre for wealth and succession planning, the Family Office Licence was introduced under the Financial Services Act 2007. This regime enables high-net-worth families to centralise and professionally manage their global assets and affairs through a regulated structure.

The Financial Services Commission (FSC) may license:

  • Single Family Office – serving the affairs of one family
  • Multiple Family Office – serving more than one unrelated family
  • Overseas Family Office (Single/Multiple) – for offices managed from abroad with qualifying ties to Mauritius

Permitted Activities

A licensed Family Office may offer a wide range of services, including:

  • Administration and management of investments, assets, and estates
  • Accounting, reporting, and consolidated performance monitoring
  • Tax compliance and wealth planning advisory
  • Family governance structuring, including family boards and charters
  • Risk management and disaster recovery planning
  • Philanthropy administration and social impact strategies
  • Concierge services and lifestyle management
  • Succession planning, education, and generational transition support
  • Compliance with local and international regulatory obligations
  • Other activities approved by the FSC

Risk Management & Compliance

Licence holders must implement a comprehensive risk management system, including the identification, measurement, reporting, and mitigation of risk across all areas of operation. The structure must also meet the FSC’s fit and proper, AML/CFT, and substance requirements.

Tax Incentives

Licensed Family Offices may benefit from a five-year corporate tax holiday, subject to satisfying substance conditions prescribed by the Mauritius Revenue Authority (MRA) and the FSC.

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