Mauritius Forex License
The Republic of Mauritius is a sovereign island nation located in the Indian Ocean and a member of the British Commonwealth. The island is a parliamentary democracy with a strong constitution and stable government. English is commonly spoken on the Island and the United States Dollar is widely accepted. The economy of Mauritius is driven by its status as an international financial services hub. This includes the increasingly popular Mauritius Forex License.
Under the Financial Services Development Act of 2001, the government of Mauritius established the nation as a global financial services powerhouse recognized by sophisticated financial professionals the world over. Mauritius hosts over 300 licensed financial institutions. The nation offers a competitive tax rate of 3% and zero percent on capital gains for corporations operating offshore. Moreover, the nation has significant impediments to the registration of foreign judgments making it suitable for asset protection purposes.
Mauritius is an ideal location for promoters of Forex businesses. Mauritius offers a Global Business License which covers all related forex activity, including both acting as an introducing broker and direct broker. The Mauritius Forex License is recognized world-wide and many top forex brokers are licensed in Mauritius. In addition, the process of obtaining a license is both cost effective and can be accomplished quickly.
Advantages of a Mauritius Forex License
Aggregate daily trading volume in the forex markets exceeds $4 trillion. The streamlined and cost-effective process in obtaining a Mauritius Forex license can place you in this lucrative market in as little as three months. With increased volatility in the global currency markets, spreads have increased – and with that so have forex brokers’ profitable to the tune of over $1 billion annually. As such, smaller forex brokers are capturing tremendous returns owning just a small piece of this lucrative market.
Mauritius Forex License at a Glance
|License||Global Business License|
|Time to License||1 to 2 Months|
|Capital Requirement||Approx. $24,000|
|Tax Structure||Three (3%) Percent Tax on Offshore Profits|
Mauritius Forex License Package
- Incorporation of Mauritius offshore corporation
- Arrange for local registered officer and local directors, if required
- Draft corporate bylaws, minutes and owner share issuances
- Establishment of corporate bank account suitable for forex operations
- Establishment of merchant service account for accepting credit and debit cards
- Draft requisite business plan, financial statements and financial projections
- Draft requisite Anti-Money Laundering & Know-Your-Customer policies
- Arrange for requisite surety bond
- Prepare and process application for Mauritius Forex License
- Representation before licensing regulatory authority, banks and liquidity providers
Contact the Mauritius Forex License Experts
Trust our over fifty year’s combined experience in creating innovative solutions for our clients. Contact the forex
licensing experts at FinLaw to begin the process of obtaining your Mauritius Forex License today.
Our knowledgeable and skilled professionals are pleased to answer any of your questions.
Call contact us here.for your free consultation or