Permitted Activities
By virtue of the Financial Services (Investment Banking) Rules 2016, an entity holding an Investment Banking License may by way of business engage, in one or more of the following activities:
Substance Requirements
Taxation
Upon fulfillment of the above-mentioned substance requirements, the entity holding an Investment Banking License will be exempted from corporate income tax for 5 years in Mauritius.
Minimum Unimpaired Capital
There is a requirement as per the Financial Services (Investment Banking) Rules 2016 to maintain a minimum stated unimpaired capital of MUR 50 million (equivalent to approx. USD 1,260,000).
The licensee shall inform the FSC immediately where its minimum stated unimpaired capital falls below the minimum required.
Regulatory Fees