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Authorized Business Activities

FSC Mauritius License

Understanding the scope of permitted activities and services you can offer under FSC regulation in Mauritius.

FSC MAURITIUS AUTHORIZED ACTIVITIES

License Categories & Permitted Activities

Each FSC Mauritius license category prescribes specific permitted activities. Choose the right category based on your intended business operations.

Investment Dealer

Primary trading and intermediary services

Investment Dealers can act as intermediaries, trade as principals, provide underwriting services, and manage client portfolios. Multiple sub-categories available based on service scope.

Investment Adviser

Advisory and portfolio management services

Investment Advisers focus on providing investment advice, portfolio management, and corporate finance advisory services. Different categories based on service restrictions.

Investment Dealer License Categories

Different Investment Dealer categories with specific authorized activities and service scopes

Investment Dealer - Full Service, Including Underwriting

The most comprehensive Investment Dealer license with full trading and underwriting capabilities

Most Comprehensive

Authorized Activities:

  • Act as an intermediary in the execution of securities transactions for clients
  • Trade in securities as principal with intention of reselling to the public
  • Underwrite or distribute securities on behalf of issuer or holder

Additional Services:

  • Give investment advice ancillary to normal business activities
  • Manage portfolios of clients

Investment Dealer - Full Service, Excluding Underwriting

Full trading services and portfolio management without underwriting activities

Popular Choice

Authorized Activities:

  • Act as an intermediary in the execution of securities transactions for clients
  • Trade in securities as principal with intention of reselling to the public
  • Underwrite or distribute securities (excluded)

Additional Services:

  • Give investment advice ancillary to normal business activities
  • Manage portfolios of clients

Investment Dealer - Broker

Focused on order execution, portfolio management, and advisory services

Advisory Focused

Order Execution

Execute orders for clients

Portfolio Management

Manage portfolios of clients

Advisory Services

Advise on securities transactions to clients

Investment Dealer - Discount Broker

Streamlined execution-only services without advisory functions

Execution Only

Order Execution Only

Execute orders for clients without advising on securities transactions

Investment Adviser License Categories

Advisory-focused licenses for portfolio management and investment guidance services

Investment Adviser - Unrestricted

Full advisory and portfolio management services without restrictions

Full Advisory

Portfolio Management

Manage, under a mandate, portfolios of securities

Investment Advisory

Advise on securities transactions, other than corporate finance advisory, through printed materials or other means

Investment Adviser - Restricted

Advisory services through printed materials and other means, without portfolio management

Advisory Only

Securities Advisory

Advise on securities transactions, other than corporate finance advisory, through printed materials or other means

Investment Adviser - Corporate Finance Advisory

Specialized corporate finance advisory services for securities transactions

Specialized

Corporate Finance Advisory Services:

Listing Compliance

Compliance with listing requirements of any security exchange

Capital Raising

Raising of funds through the issue of securities

Corporate Restructuring

Arrangement or restructuring including takeovers, mergers, and acquisitions

Choosing the Right License Category

Select the appropriate license based on your intended business activities and service offerings

Full-Service Brokerage

For comprehensive trading operations, choose Investment Dealer - Full Service with or without underwriting based on your needs.

Best for: Full trading operations and client services

Advisory Services

For advisory and portfolio management focus, choose Investment Adviser - Unrestricted for maximum flexibility.

Best for: Investment advisory and asset management

Execution Only

For streamlined operations, choose Investment Dealer - Discount Broker for execution-only services.

Best for: Low-cost execution services

Ready to Choose Your License Category?

Our experts will help you select the right FSC license category based on your business model and intended activities. Get personalized guidance for your Mauritius licensing strategy.

FSC Regulated

Full regulatory compliance

Expert Guidance

Professional license selection

Business Growth

Scalable license structure