We employ highly experienced and qualified professionals providing Fund set up and administration services. We not only provide fund administration services to structures established in Mauritius but also to structures incorporated in other major financial centres since coupled with our quality of service, Mauritius is viewed as a cost effective centre.
We furthermore assist clients to structure their businesses through Mauritius in the most tax-efficient ways. It is not uncommon for Fund Managers or Fund Advisors to be set up in Mauritius as part of a structure to strengthen local presence in Mauritius. We also help in the set up and administration of such Fund Managers and Fund Advisors in Mauritius.
Our one stop shop services comprise the following:
- Establishment of open-ended (unit trusts, open ended companies or mutual funds) and close-ended funds (investment trusts).
- Establishment of Funds as Protected Cell Companies.
- Provision of two resident directors of caliber.
- Provision of a registered office.
- Corporate secretarial services.
- Registrar services.
- Preparation and filing of tax returns with the local tax authority.
- NAV calculation.
- Assisting in the preparation of Private Placement Memorandums (PPMs) and other constitutive documents.
- Management of Investors’ information.
- Preparation of audited financial statements in accordance with International Financial Reporting Standards.
- Point of contact for all service providers/connected parties/regulators.
- General administration.
- Maintenance of bank accounts and providing resident signatories.
- Keeping of all statutory and accounting records of the Company.
- Due diligence checks on investors.
- Ensuring compliance with local laws.
- Any other service that may be mutually agreed with the client.
The above does not exclude the possibility of the Fund obtaining assistance for the management of its assets from an investment manager/advisor established overseas, nor does it prevent management decisions in relation to investment and disinvestment being executed overseas. Also the requirement for the location of the issuance and redemption of shares in Mauritius does not preclude foreign intermediaries from participating in the placing and redemption operations as distributors or nominees. The regulator, the Financial Services Commission insists on the independence of the manager, the trustee and the custodian.
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