Financial Services (Consolidated Licensing And Fees) (Amendment) Rules 2026

Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins 626 Government Notices 2026 Government Notice No. 119 of 2026 THE FINANCIAL SERVICES ACT FSC Rules made by the Financial Services Commission under Section 93 of the Financial Services Act

1. These Rules may be cited as the Financial Services (Consolidated Licensing and Fees) (Amendment) Rules 2026.
2. In these Rules – “principal Rules” means the Financial Services (Consolidated Licensing and Fees) Rules 2008.
3. The principal Rules are amended – (a) in rule 8, paragraph 3A, by deleting the words “US$ 25,000” and replacing them by the words “USD 26,800”; (b) by deleting the First Schedule and replacing it by the First Schedule to these Rules; (c) in the Second Schedule, by deleting – (i) Part I and replacing it by the Second Schedule to these Rules; (ii) Part III and replacing it by the Third Schedule to these Rules.
4. These Rules shall come into operation on 1 July 2026. Made by the Financial Services Commission on 29 June 2026.

Government Notices 2026 627 Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins FIRST SCHEDULE [Rule 3(b)] FIRST SCHEDULE (Rules 4, 8 and 10) PART I Financial Service Providers / Activities Code Licence Relevant Section of the Act Processing Fee* Fixed Annual Fee* Variable Annual Fee* FS￾1.1 Assets Management 14 Rs 22,500 USD 1,000 Rs 52,000 USD 1,900 - FS￾1.2 Distribution of Financial Products 14 Rs 13,500 USD 700 Rs 49,000 USD 1,600 - FS￾1.3 Pension Scheme Administrator 14 Rs 30,000 USD 900 Rs 60,000 USD 1,800 10001- 15000 beneficiaries: Rs 14,000 USD 450 15001-20000 beneficiaries: Rs 18,000 USD 600

20000 beneficiaries: Rs 21,000 USD 700 FS￾1.5 Registrar and Transfer Agent 14 Rs 10,000 USD 400 Rs 36,000 USD 1,000 - - FS￾1.6 Treasury Management 14 Rs 25,000 USD 1,000 Rs 57,000 USD 1,900 51-250 Companies Rs 18,000 USD 600 251-500 Companies: Rs 27,000 USD 900 500 Companies: Rs 36,000 USD 1,200 FS￾1.7 Custodian Services (non￾CIS) 14 Rs 31,000 USD 900 Rs 71,000 USD 1,700 - FS￾1.8 Global Headquarters Administration 77C Rs 30,000 USD 1,000 Rs 75,000 USD 2,500 -

628 Government Notices 2026 Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins Financial Service Providers / Activities Code Licence Relevant Section of the Act Processing Fee* Fixed Annual Fee* Variable Annual Fee* FS￾1.9 Global Treasury Activities 77C Rs 30,000 USD 1,000 Rs 75,000 USD 2,500 - FS￾1.10 Global Legal Advisory Services 77A Rs 30,000 USD 1,000 Rs 75,000 USD 2,500 - FS 1.11 Funeral Scheme Management 14 Rs 25,000 Rs 50,000 - FS 1.15 Single Family Office 14 Rs 100,500 USD 2,500 Rs 161,000 USD 4,000 - FS 1.16 Multiple Family Office 14 Rs 201,000 USD 5,000 Rs 402,000 USD 10,000

FS 1.17 Peer to Peer Lending 14 Rs 30,000 USD 900 Rs 60,000 USD 1,800 0.35% of gross fees from Peer to Peer lending activities FS 1.18 Robotic and Artificial Intelligence Enabled Advisory Services 14 Rs 20,000 USD 400 Rs 76,000 USD 1,700 - FS￾1.19 Crowdfunding 14 Rs 36,000 USD 900 Rs 72,000 USD 1,800 0.35% of gross fees from Crowdfunding activities FS￾1.20 Moneylending 14A Rs 38,500 USD 900 Rs 74,000 USD 1,700 - FS￾1.21 Spot commodity broker 14 USD 900 USD 1,800 - FS￾1.22 Spot commodity broker’s representative 14 USD 400 USD 900 -

Government Notices 2026 629 Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins Financial Service Providers / Activities Code Licence Relevant Section of the Act Processing Fee* Fixed Annual Fee* Variable Annual Fee* FS￾1.23 Spot commodity clearing house 14 USD 5,000 USD 10,000 - FS￾1.24 Spot commodity market 14 USD 5,000 USD 10,000 - FS￾1.25 Spot commodity trading adviser 14 USD 900 USD 1,800 - FS￾1.26 Spot commodity trading adviser’s representative 14 USD 400 USD 900 -

• The fees set out in USD shall be applicable only to an applicant for a Global Business Licence or a corporation holding a Global Business Licence. For an applicant not applying for a Global Business Licence or a corporation not holding a Global Business Licence, the corresponding fee in Rupees (Rs.) shall be calculated based on the Indicative Exchange Rate as computed by the Bank of Mauritius as at date of payment.

630 Government Notices 2026 Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins Specialised Financial Services/Institutions Code Licence Relevant Section of the Act Processing Fee* Fixed Annual Fee* Variable Annual Fee* F.S￾2.3 Credit Finance 14 Rs 34,000 USD 1,000 Rs 77,000 USD 1,900 - F.S￾2.4 Factoring 14 Rs 25,000 USD 1,000 Rs 57,000 USD 1,900 - F.S￾2.5 Leasing 14 Rs 25,000 USD 1,000 Rs 57,000 USD 1,900 - F.S￾2.7 Actuarial Services 14 Rs 25,000 USD 1,000 Rs 57,000 USD 1,900 - F.S￾2.8 Credit Rating Agencies / Rating Agencies 14 Rs 50,000 USD 2,000 Rs 120,000 USD 3,800 - F.S￾2.9 Payment Intermediary Services 14 Rs 25,000 USD 1,400 Rs 57,000 USD 2,600 - F.S￾2.10 Representative Office (for financial services provided by a person established in a foreign jurisdiction) 14 Rs 22,500 USD 1,000 Rs 52,000 USD 1,900 - F.S￾2.11 Other Financial Business Activity 14 Rs 22,500 USD 900 Rs 52,000 USD 1,700

• The fees set out in USD shall be applicable only to an applicant for a Global Business Licence or a corporation holding a Global Business Licence.

Government Notices 2026 631 Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins Corporate and Trust Service Provider Code Licence/ Approval Relevant Section of the Act Processing Fee (USD) Fixed Annual Fee (USD) Variable Annual Fee + (USD) FS￾3.1A Management Licence 77 700 6,800

1. Administrative Services to corporations holding a Global Business Licence Amount of Variable annual fee (USD) Where a licensee administers: (i) 1 to 50* entity/ ies holding a Global Business Licence;

(ii) 51 to 250* entities holding a Global Business Licence; 6,000 (iii) 251 to 500* entities holding a Global Business Licence; Or 8,000 (iv) more than 500* entities holding a Global Business Licence. 10,000 2. Corporate Trusteeship services Amount of Variable annual fee (USD) Where a licensee provides corporate trusteeship services* 5,000

632 Government Notices 2026 Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins Corporate and Trust Service Provider Code Licence/ Approval Relevant Section of the Act Processing Fee (USD) Fixed Annual Fee (USD) Variable Annual Fee + (USD) 3. Authorised Company Amount of Variable annual fee (USD) Where a licensee acts as registered agent for – (i) one to 50 authorised companies;

(ii) 51 to 250 authorised companies; 4,000 (iii) 251 to 500 authorised companies 5,000 (iv) more than 500 authorised companies 6,000 FS￾3.1B Management Licence (Qualified Corporate Trustee only) 77 700 6,800 - FS￾3.2 Nominee Company (Approval) 78 300 500 -

• Where a licensee provides more than one service mentioned in the sixth column, the annual variable fee provided for each type of services shall be applicable.

Government Notices 2026 633 Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins

• The number of entities holding a Global Business Licence under the administration of the holder of the licensee, on 31st December of the year preceding the financial year for which fees are being paid.
• In case the licensee provided Corporate Trusteeship Services on 31st December of the year preceding the financial year for which fees are being paid. The number of Authorised Companies for which the licensee acted as registered agent, on 31st December of the year preceding the financial year for which fees are being paid. Self-Regulatory Organisations (SROs) Code Declaration/ Recognition Relevant Section of the Act Processing Fee Fixed Annual Fee Variable Annual Fee FS￾5.1 SRO 33 To be determined by the Commission on each case Investment Banking Code Licence Relevant Section of the Act Processing Fee Fixed Annual Fee Variable Annual Fee FS￾6.1 Investment Banking Licence 79A Rs 100,000 Rs 500,000 - Global Activities Code Licence Relevant Section of the Act Processing Fee Fixed Annual Fee FS￾7.1 Global Shared Services 77C USD 1,000 USD 2,500

634 Government Notices 2026 Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins Providers of Market Infrastructure Code Licence Relevant Section of the Securities Act Processing Fee (Rs) Fixed Annual Fee (Rs) Variable Annual Fee SEC￾1.1 Securities Exchange 9 250,000 Minimum of 500,000 To be determined by the Commission SEC￾1.2 Clearing and Settlement Facility 10 250,000 Minimum of 500,000 To be determined by the Commission SEC￾1.3 Securities Trading Systems 11 250,000 Minimum of 500,000 To be determined by the Commission Reporting Issuer Code Registration Relevant Enactment Registration Fee (Rs) Fixed Annual Fee (Rs) Variable Annual Fee SEC￾4.4 Reporting Issuer Section 86 of the Securities Act and Rule 3 of Securities (Disclosure Obligations of Reporting Issuer) Rules 2007 13,500 - -

Government Notices 2026 635 Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins Securities or Capital Market Intermediaries Code Licence Relevant Section of the Securities Act Processing Fee* Fixed Annual Fee* Other Fee* SEC￾2.1A Investment Dealer (Full Service Dealer including Underwriting) 29 and 53 Rs 100,000 USD 3,000 Rs 290,000 USD 9,500 As prescribed in the Stock Exchange (Brokerage) Regulations 1989 SEC￾2.1B Investment Dealer (Full Service Dealer excluding Underwriting) 29 Rs 7,500 USD 1,000 Rs 75,000 USD 3,400 SEC￾2.1C Investment Dealer (Derivatives) 29 Rs 30,000 USD 1,000 Rs 90,000 USD 3,000 SEC￾2.2 Investment Dealer (Broker) 29 Rs 4,500 USD 700 Rs 54,000 USD 2,700 SEC￾2.3 Investment Dealer (Discount Broker) 29 Rs 2,500 USD 300 Rs 45,000 USD 2,000 SEC￾2.4 Investment Adviser (Unrestricted) 30 Rs 6,200 USD 600 Rs 71,000 USD 2,400 - SEC￾2.5 Investment Adviser (Restricted) 30 Rs 5,000 USD 600 Rs 36,000 USD 1,500 - SEC￾2.5A Investment Adviser (Corporate Finance Advisory) 30 Rs 9,500 USD 900 Rs 94,000 USD 3,100 - SEC￾2.6A Representative of Investment Dealer (Full Service Dealer) Type 1 29 Rs 3,100 USD 200 Rs 34,000 USD 800 - SEC￾2.6B Representative of Investment Dealer (Full Service Dealer) Type 2 29 Rs 2,500 USD 200 Rs 27,000 USD 800 -

636 Government Notices 2026 Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins Securities or Capital Market Intermediaries Code Licence Relevant Section of the Securities Act Processing Fee* Fixed Annual Fee* Other Fee* SEC￾2.6C Representative of Investment Dealer (Full Service Dealer) Type 3 29 Rs 2,500 USD 200 Rs 27,000 USD 800 - SEC￾2.6D Representative of Investment Dealer (Broker) Type 1 29 Rs 2,500 USD 200 Rs 27,000 USD 800 - SEC￾2.6E Representative of Investment Dealer (Broker) Type 2 29 Rs 2,000 USD 200 Rs 24,000 USD 800 - SEC￾2.6F Representative of Investment Dealer (Discount Broker) 29 Rs 2,500 USD 200 Rs 27,000 USD 800 - SEC￾2.7A Representative of Investment Adviser (Unrestricted) 30 Rs 3,100 USD 250 Rs 34,000 USD 900 - SEC￾2.7B Representative of Investment Adviser (Restricted) 30 Rs 2,500 USD 250 Rs 27,000 USD 900 - SEC￾2.7C Representative of Investment Adviser (Corporate Finance Advisory) 30 Rs 3,100 USD 200 Rs 34,000 USD 800 - SEC￾2.6Cv Representative of Investment Dealer (Derivatives) 29 Rs 27,000 USD 900 Rs 81,000 USD 2,700 -

• The fees set out in USD shall be applicable only to an applicant for a Global Business Licence or a corporation holding a Global Business Licence, and its representatives respectively.

Government Notices 2026 637 Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins Investment Dealers - Government of Mauritius/Bank of Mauritius Securities Code Licence Relevant Section of the Securities Act Processing Fee Fixed Annual Fee Other Fee SEC￾3.0 Investment Dealer (Government of Mauritius Securities and Bank of Mauritius Securities Segment) 29 Rs 2,000 Rs 18,000 - Collective Investment Schemes and Closed-end funds Code Authorised/ Recognised / Approved Relevant Section of the Securities Act Processing Fee* Fixed Annual Fee* Collective Investment Scheme (CIS) SEC￾3.1A CIS (Single fund) 97 Rs 32,000 USD 1,200 Rs 112,000 USD 3,700 An additional annual fee of Rs 200,000 (USD 6,300) for an authorization to operate as a Special Purpose Fund An additional annual fee of Rs 200,000 (USD 6,300) in case of an authorisation to operate as a REIT SEC – 3.1 Bv CIS (having more than 1 fund) 97 Rs 25,000 USD 1,400 which includes the first fund and Rs 5,000 (USD 300) for each additional fund Rs 90,000 USD 4,000 which includes the first fund and Rs 18,000 (USD 600) for each additional fund An additional annual fee of Rs 200,000 (USD 5,000) for an authorization to operate as a Special Purpose Fund An additional annual fee of Rs 200,000 (USD 5,000) in case of an authorisation to operate as a REIT

638 Government Notices 2026 Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins Collective Investment Schemes and Closed-end funds Code Authorised/ Recognised / Approved Relevant Section of the Securities Act Processing Fee* Fixed Annual Fee* SEC￾3.1Cv CIS (Protected Cell Company) 97 USD 1,400 which includes the first cell and USD 300 for each additional cell USD 4,000 which includes the first cell and USD 600 for each additional cell An additional annual fee of Rs 200,000 (USD 5,000) for an authorization to operate as a Special Purpose Fund An additional annual fee of Rs 200,000 (USD 5,000) in case of an authorisation to operate as a REIT SEC 3.1 Dv CIS (Multiclass) 97 USD 300 USD 600 Closed-end fund SEC￾3.2A Closed-end fund (Single Fund) 97 Rs 25,000 USD 1,200 Rs 90,000 USD 3,700 An additional annual fee of Rs 200,000 (USD 5,000) for an authorization to operate as a Special Purpose Fund An additional annual fee of Rs 200,000 (USD 5,000) in case of an authorisation to operate as a REIT

Government Notices 2026 639 Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins Collective Investment Schemes and Closed-end funds Code Authorised/ Recognised / Approved Relevant Section of the Securities Act Processing Fee* Fixed Annual Fee* SEC￾3.2Bv Closed-end fund (having more than 1 fund) 97 Rs 22,500 USD 1,400 which includes the first fund and Rs 4,500 (USD 300) for each additional fund Rs 81,000 USD 4,000 which includes the first fund and Rs 18,000 (USD 600) for each additional fund An additional annual fee of Rs 200,000 (USD 5,000) for an authorization to operate as a Special Purpose Fund An additional annual fee of Rs 200,000 (USD 5,000) in case of an authorisation to operate as a REIT SEC￾3.2Cv Closed-end fund (Protected Cell Company) 97 USD 1,400 which includes the first cell and USD 300 for each additional cell USD 4,000 which includes the first cell and USD 600 for each additional cell An additional annual fee of Rs 200,000 (USD 5,000) for an authorization to operate as a Special Purpose Fund An additional annual fee of Rs 200,000 (USD 5,000) in case of an authorisation to operate as a REIT SEC 3.2 Dv Closed-end fund (Multiclass) 97 USD 300 USD 600 Foreign Scheme SEC￾3.3A Single Fund 101 USD 900 -

640 Government Notices 2026 Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins Collective Investment Schemes and Closed-end funds Code Authorised/ Recognised / Approved Relevant Section of the Securities Act Processing Fee* Fixed Annual Fee* SEC￾3.3B Scheme with more than 1 sub-fund - 101 For the recognition of the 1st to 25th sub￾fund USD 900 for each sub￾fund

For the recognition of the 26th to 50th sub￾fund USD 750 for each additional sub-fund

For the recognition of the 51st sub fund and any additional sub fund USD 500 for each additional sub fund

• Except for the fees under the heading Foreign Scheme, the fees set out in USD shall be applicable only to an applicant for a Global Business Licence or a corporation holding a Global Business Licence. Applicable for VCC Fund operating as a multi-class structure only. CIS Functionaries and Professionals Code Licence/Approval Relevant Section of the Securities Act Processing Fee* Fixed Annual Fee* SEC￾4.1 Custodian 100 Rs 32,000 USD 1,000 Rs 94,000 USD 2,500 SEC￾4.2 CIS Manager 98 Rs 25,000 USD 1,000 Rs 75,000 USD 2,500 SEC￾4.3 CIS Administrator (Approval) 99 Rs 15,000 USD 500 Rs 36,000 USD 1,200
• The fees set out in USD shall be applicable only to an applicant for a Global Business Licence or a Corporation holding a Global Business Licence.

Government Notices 2026 641 Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins Foreign Investment Dealers Code Authorisation Relevant Section of the Securities Act Processing Fee (USD) Fixed Annual Fee (USD) Other fees SEC￾6.1 Foreign Investment Dealer (Full Service Dealer including underwriting) 29(3) USD 2,700 USD 8,000 Brokerage Fees payable under the Stock Exchange (Brokerage) Regulations 1989 or any other enactment, as may be applicable. SEC￾6.2 Foreign Investment Dealer (Full Service Dealer excluding underwriting) 29(3) USD 700 USD 2,200 SEC￾6.3 Foreign Investment Dealer (Broker) 29(3) USD 400 USD 1,800 SEC￾6.4 Foreign Investment Dealer (Discount Broker) 29(3) USD 200 USD 1,300 SEC￾6.5 Foreign Investment Dealer (Derivatives) 29(3) USD 900 USD 2,700 - Remote Custodians participating on a clearing and settlement facility licensed under the Securities Act Code Recognition Relevant Section of Securities Act Processing fee (USD) Fixed Annual Fee (USD) SEC￾7.1 Remote custodian 155(2)(xc) 900 1,700

642 Government Notices 2026 Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins Insurers / Reinsurers Code Licence Relevant Section of the Insurance Act Processing Fee* Fixed Annual Fee* Variable Annual Fee - payable on quarterly basis + INS￾1.1 Long-Term Insurance Business 11 Rs 102,000 Rs 169,000 (0.35%* Gross Premium from policies issued on or after 1 July 2008) For Structured Investment-Linked Insurance Business: (0.35%* Gross Premium from policies issued to a maximum of USD 10,000) INS 1.1Av Long-Term Insurance Business (protected cell company) 11 USD 2,500 for the first cell, and USD 750 for every additional cell USD 3,800 for the first cell, and USD 750 for every additional cell (0.35%* Gross Premium from policies issued) For Structured Investment Linked Insurance Business: (0.35%* Gross Premium from policies issued to a maximum of USD 10,000) INS￾1.2 General Insurance Business 11 Rs 102,000 Rs 169,000 (0.35% * Gross Premium) INS 1.2Av General Insurance Business (protected cell company) 11 USD 2,200 for the first cell, and USD 700 for every additional cell USD 3,400 for the first cell, and USD 700 for every additional cell (0.35%* Gross Premium)

Government Notices 2026 643 Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins Insurers / Reinsurers Code Licence Relevant Section of the Insurance Act Processing Fee* Fixed Annual Fee* Variable Annual Fee - payable on quarterly basis + INS￾1.3 External Insurance Business 11 USD 1,000 USD 1,900 - INS￾1.3Av External Insurance Business (protected cell company) 11 USD 1,000 for the first cell, and USD 300 for every additional cell USD 1,900 for the first cell, and USD 400 for every additional cell

INS￾1.4 Professional Reinsurer 11 Rs 22,500 USD 1,000 Rs 52,000 USD 1,900 - INS￾1.4Av Professional reinsurer (protected cell company) 11 USD 1,000 for the first cell, and USD 300 for every additional cell USD 1,900 for the first cell, and USD 400 for every additional cell

• The fees set out in USD shall be applicable only to an applicant for a Global Business Licence or a corporation holding a Global Business Licence.

• The variable annual fees corresponding to the licence shall be payable within 20 days after the end of every quarter in September, December, March and June.

644 Government Notices 2026 Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins Insurance Service Providers Code Licence Relevant Section of the Insurance Act Processing Fee* Fixed Annual Fee* INS￾2.1 Insurance Manager 70 USD 1,400 Additional fees for Lloyd’s Coverholder USD 700 USD 2,600 Additional fees for Lloyd’s Coverholder USD 1,600 INS￾2.2 A Insurance Agent (Company) 70 Rs 6,200 USD 500 Rs 24,000 USD 1,200 INS￾2.2 B Insurance Agent (Individual) 70 Rs 3,100 Rs 9,300 INS￾2.3 Insurance Broker 70 Rs 14,000 USD 1,000 Rs 77,000 USD 2,600 INS￾2.4 Insurance Salesperson (Registration) 75 Rs 1,300 Rs 3,000 INS￾2.5 Claims Professional 78 Rs 22,500 - INS￾2.6 Other Insurance Professionals

• Third Party Administrator 78A Rs 25, 000 USD 900 Rs 47,500 USD 1,700

• The fees set out in USD shall be applicable for a Global Business Licence or a corporation holding a Global Business Licence. The Trusts Act Code Approval/Authorisation Relevant Section of Trusts Act Processing Fee (Rs) TAC￾1.1 Qualified Trustee (other than a Management Company) - Authorisation 2 9,000 TAC￾1.2 Enforcer (purpose trust created by a Mauritian national only) 19 and 21 - TAC￾1.3 Successor to Enforcer (purpose trust created by a Mauritian national only) 19 -

Government Notices 2026 645 Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins Private Pension Schemes Code Licence/ Authorisation Relevant Section of the Private Pension Schemes Act Processing Fee Variable Annual Fee PPS￾1.1 Pension Scheme 9 Rs 6,000 Rs 30 per member PPS￾1.2 Foreign Pension Scheme 10 USD 220 USD 1 per resident member PPS￾1.3 External Pension Scheme 12 USD 220 USD 1 per member PPS￾1.3Cv External Pension Scheme (protected cell company) 12 USD 1,000 for the first cell, and USD 300 for every additional cell USD 100 per member Authorisation to administer Private Pension Schemes Code Authorisation Relevant Section of the Private Pension Schemes Act Processing Fee Annual Fee Variable Annual Fee PPS￾2.1 Governing body to administer Private Pension Scheme 27 Rs 27,000 USD 900 - - - PPS￾2.2 Long-term insurer to administer Private Pension Scheme 27 Rs 30,000 USD 900 Rs 50,000 USD 1,500 10001-15000 beneficiaries: Rs 10,000 USD 350 15001-20000 beneficiaries: Rs 15,000 USD 500

20000 beneficiaries: Rs 20,000 USD 700

646 Government Notices 2026 Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins Captive Insurance Business Code Licence/ Authorisation Relevant Section of the Captive Insurance Act Processing Fee Fixed Annual Fee CI￾1.1A Captive Insurance Business 7 USD 1,000* USD 2,000* CI-2.1 Captive Insurance Agent 9 USD 1,000* USD 1,500*

• For an applicant not applying for a Global Business Licence or a corporation not holding a Global Business Licence, the corresponding fee in Rupees (Rs.) shall be calculated based on the Indicative Exchange Rate as computed by the Bank of Mauritius as at date of payment. Virtual Asset Service Providers Code Class of Licence Relevant Section of the Virtual Asset and Initial Token Offering Services Act 2021 Processing Fee Fixed Annual Fee VA – 1.1 Virtual Asset Broker -Dealer (Class M) 7 USD 1,000 Rs 45,000 USD 2,000 Rs 90,000 VA – 1.2 Virtual Asset Wallet Services (Class O) 7 USD 1,000 Rs 45,000 USD 1,900 Rs 85,000 VA – 1.3 Virtual Asset Custodian (Class R) 7 USD 1,500 Rs 70,000 USD 2,500 Rs 110,000 VA – 1.4 Virtual Asset Advisory Services (Class I) 7 USD 3,000 Rs 135,000 USD 5,000 Rs 220,000 VA – 1.5 Virtual Asset Market Place (Class S) 7 USD 3,000 Rs 135,000 USD 5,000 Rs 220,000 VT –1.1 Issuers of Initial Token Offerings 23 USD 2,000 Rs 90,000 -

Government Notices 2026 647 Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins Variable Capital Company Code Authorisation Relevant Section of the Variable Capital Company Act Processing Fee Fixed Annual Fee Variable Annual Fee VCC￾1.1 VCC Fund 7 Rs. 45,000 (USD 900) inclusive of the first sub-fund; and Rs 20,000 (USD 400) for each additional sub-fund or SPV Rs. 135,000 (USD 2,700) inclusive of the first sub-fund ;

Rs 45,000 (USD 900) each, for the 2nd to the 5th sub-fund/SPV; and Rs 87,750 (USD 1,800) For each additional sub￾fund or SPV An additional annual fee of Rs 225,000 (USD 4,500) for each sub-fund which is authorised to operate as a Special Purpose Fund An additional annual fee of Rs 225,000 (USD 4,500) for each sub-fund which is authorised to operate as a REIT

648 Government Notices 2026 Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins Part II Global Business and Authorised Company Licence Code Licence Relevant Section of the Act Processing Fee (USD) Annual Fee (USD) FS-4.1 Global Business Licence 72 600 2,600 FS-4.3 Authorised Company 71A 600 1,400*

• This amount excludes the annual registration fee of USD 65, or such other fee as the Registrar of Companies may determine, payable to the Registrar of Companies. Part III First Annual Licence Fee Months in which licence is granted GBC (USD) Nominee (USD) Management Licence (USD) Authorised Company (USD) July - September 2,600 500 6,800 1,400 October- December 1,950 375 5,100 1,050 January - March 1,300 250 3,400 700 April - June 650 125 1,700 350

Government Notices 2026 649 Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins SECOND SCHEDULE [Rule 3(c)(i)] Part I FEES AND CHARGES FOR GLOBAL BUSINESS CORPORATION Description Fees and charges payable (USD) If Annual Fee paid: On due date 2,600 Within 1 month after due date 3,250 After 1 month but within 3 months after due date 3,900 After 3 months but within 6 months after due date 5,200

Vinit/Imac06/Govt Notices/2026/FS (Consolidated Licensing and Fees) (Amd) Rules 2026 - 29.06.2026 - 5th Proof_Mins 650 Government Notices 2026 By Authority: Government Printing Department, La Tour Koenig 48/06/2026 – 806 THIRD SCHEDULE [Rule 3(c)(ii)] Part III FEES AND CHARGES FOR AUTHORISED COMPANY Description Fees and charges payable (USD) If Annual fee is paid: On due date 1,400 Within 1 month after due date 1,750 After 1 month but within 3 months after due date 2,100 After 3 months but within 6 months after due date 2,800