Structures / CIS Mgr
CIS Manager
Fund management licensing under the Securities Act 2005.
A Mauritius CIS Manager Licence enables a licensed entity to manage Collective Investment Schemes and Closed-End Funds, subject to the scope of its FSC authorisation. The CIS Manager is responsible for investment management and oversight of funds under its management, while specialist functions such as fund administration, NAV calculation and transfer agency may be performed by appropriately appointed service providers.
At a glance
- Statute
- Securities Act 2005
- Min capital
- MUR 1 million
- Team
- Investment Committee + CO + MLRO
- Tax
- 15% headline rate; effective rates can be as low as 3% on qualifying income, subject to applicable conditions
Used for
- 01
Management of Collective Investment Schemes
- 02
Management of Closed-End Funds
- 03
Portfolio and investment management of regulated funds
- 04
Management of multiple Mauritius or international fund structures
- 05
Establishment of a regulated Mauritius fund-management platform
Ongoing obligations
- 01
Investment Committee appointed
- 02
Compliance Officer, MLRO and Deputy MLRO appointed
- 03
AML/CFT framework for funds
- 04
Professional Indemnity Insurance
- 05
Annual FSC reporting and ongoing compliance
Designed For
International fund houses
Managing multiple funds globally including Mauritius-domiciled vehicles.
Emerging managers
First or second-time managers establishing a regulated fund platform.
Multi-strategy platforms
Consolidating fund management under one CIS Manager umbrella.
Family offices
Running discretionary mandates as professional funds.
How AcuFin supports it
Common questions
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