Investment Dealer/Broker Companies

The Securities Act 2005 and rules & regulations made under it allow for Investment Dealer Companies to be set up and licensed in Mauritius. These are particularly beneficial for Brokerage Houses operating worldwide. Mauritius has the advantage of having a modern and flexible securities law, it issues clear Investment Dealer licences within a reasonable time, requires reasonable minimum capital requirement, charges reasonable licence fees and has a low tax rate. Mauritius is one of the best places to save on costs for Brokerage Houses and at the same time enjoy the array of service providers in the country. There are basically five categories of Investment Dealers under the Securities Act:

1. Full Service Dealer with or without Underwriting

Authorised to:
  • act as an intermediary in the execution of securities transactions for clients;
  • trade in securities as principal with the intention of reselling these securities to the public
  • underwrite or distribute securities on behalf of an issuer or a holder of securities (if this option is chosen);
  • give investment advice which is ancillary to the normal course of his business activities;
  • manage portfolios of clients.

2. Discount Broker

Authorised to execute orders for clients without giving advice.

3. Broker

Authorised to execute orders for clients, to manage portfolios of clients and to give advice on securities transactions to clients.

4. Investment Dealer (Commodity Derivatives Segment)

Authorised to act as broker in Commodity Derivatives only

5. Investment Dealer (Currency Derivatives Segment)

Authorised to act as broker in Currency Derivatives only.

Financial Statements Filing

All categories are required to file audited financial statements within 6 months of financial year end.

Staff Qualification

Staff employed must have relevant experience and qualification as required under the Securities Act Minimum Capital Required
Each category of Investment Dealer need to have a minimum capital.

Premier Professional Services to Investment Dealers

Premier Financial Services Limited provides the following services with respect to the activities of the Investment Dealers:
  • Advice and Formation of the Investment Dealer
  • Licence Application and Renewal of Investment Dealer Licence
  • Provision of registered office address.
  • Provide professional directors and qualified secretary resident in Mauritius.
  • Open bank account.
  • Preparation of quarterly accounts and filing with the authorities.
  • Prepare and file tax returns.


If you require an Offshore Company or need an advice for your needs, please call our Expert Team who can assist you with your requirements. You are invited to call us at (230) 245 6703. You may send your enquiries by email: contact@premier.mu or by fax at (230) 245 6704.

 
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