Family Office

A family office is a private organization designed to manage and hold the investment, assets and estate of one or more families.

The activities of a Family Office as per the Act include:

    • •   Trusteeship services
    • •   Wealth and estate/succession planning
    • •   Portfolio management/investment services
    • •   Fund management and advisory performance
    •     monitoring
    • •   Tax optimization and structuring
    • •   Legal services
    • •   Asset protection
    • •   Philanthropy and charitable work coordination
    • •   Family education
    • •   Dedicated concierge services

Key Requirements:

    • •   The minimum stated unimpaired capital shall be at least USD 50,000 for a SFO and USD 100,000 for a MFO
    • •   An SFO/MFO shall be structured as a company under the Companies Act and shall, at all times, have a
    •     licensed Management Company as an agent
    • •   Substance requirements to benefit from tax holiday of 5 years:
      • •   Minimum employment in Mauritius: 1 for SFO and 3 for MFO
      • •   Minimum AUM for each family: USD 5 million

Our Professional Services to Family Offices:

    • •   Filing an application for a license with the FSC
    • •   Maintaining records of the SFO/MFO
    • •   Acting as Company Secretary of the SFO/MFO
    • •   Application of work and live permits for immediate family members in Mauritius