Services / Structures / Fund Licences
Fund Licences
VCC, CIS/CEF, and fund licensing under the Securities Act 2005.
Fund licensing for Variable Capital Companies (VCC), Collective Investment Schemes (CIS), Closed-End Funds (CEF), and other regulated fund vehicles. Mauritius offers a flexible, tax-efficient fund regime with multiple structures suited to private equity, venture capital, real estate and multi-strategy funds.
What's included
- 01
VCC incorporation and licensing
- 02
CIS/CEF fund structuring
- 03
Fund documentation and offering memoranda
- 04
Investment committee setup
- 05
AML / CFT framework for funds
- 06
NAV and fund accounting setup
- 07
Transfer agency facilities
- 08
Custodian and administrator coordination
- 09
FSC reporting and ongoing compliance
- 10
Investor onboarding procedures
Designed For
Private equity managers
Fund structures for PE/VC strategies with flexible capital call mechanisms.
Real estate funds
VCC and CIS structures for property investment across jurisdictions.
Multi-strategy managers
Umbrella VCC with ring-fenced sub-funds for different strategies.
Emerging fund managers
Cost-effective licensing for first and second-time fund launches.
How we work
- 01
Scoping
Fund strategy, target investors, jurisdiction, and treaty needs.
- 02
Structure
VCC, CIS or CEF selected based on strategy, investor base and regulatory requirements.
- 03
Documentation
Offering memoranda, partnership agreements, and fund documentation prepared.
- 04
Licensing
FSC submission with policies, fit-and-proper declarations, and fund documentation.
- 05
Launch
Licence grant, banking live, investor onboarding, ongoing compliance cycle.
Markets we serve
Related services
Common questions
Fund regime comparison
Retail CIS
Structure
Standalone fund
Target Investors
General public
Regulation
Full — prospectus, custodian, ongoing reporting
Setup Time
6-10 weeks
Professional CIS
Structure
Standalone fund
Target Investors
Professional investors
Regulation
Moderate — tailored disclosure
Setup Time
6-10 weeks
Expert Fund
Structure
Standalone fund
Target Investors
Sophisticated/institutional
Regulation
Light — limited disclosure
Setup Time
6-10 weeks
Special Purpose Fund (SPF)
Structure
Standalone fund
Target Investors
Single investor or related group
Regulation
Lightest — minimal disclosure
Setup Time
4-6 weeks
VCC
Structure
Umbrella company
Target Investors
Varies by sub-fund
Regulation
One GBL covers umbrella
Setup Time
8-12 weeks
Get started
Speak with our Fund Structuring Team
From Expert Funds to Professional CIS, we'll help you choose the right fund regime and manage the licensing process end to end.