Regulatory Frameworks in Mauritius (AML/CFT and Substance Requirements)

Mauritius offers a robust and transparent regulatory environment, ensuring compliance with international standards while fostering a business-friendly ecosystem. The following key frameworks demonstrate the country’s commitment to maintaining its reputation as a trusted International Financial Centre:

AML/CFT Compliance

Mauritius adheres to the highest standards of Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT). Regulated entities, including Management Companies like GWMS Ltd, are required to:

  • Conduct thorough due diligence on clients and transactions.
  • Implement robust Know Your Customer (KYC) and ongoing monitoring processes.
  • Report suspicious transactions to the Financial Intelligence Unit (FIU).

These measures align Mauritius with global AML/CFT guidelines, ensuring a secure and compliant business environment.

AML/CFT Compliance - GWMS
Substance Requirements - GWMS

Substance Requirements

To maintain access to double taxation avoidance agreements (DTAAs) and meet international tax standards, companies operating in Mauritius must comply with substance requirements:

  • Demonstrating significant Core Income Generating Activities (CIGA) in Mauritius.
  • Maintaining adequate office infrastructure and employing qualified personnel locally.
  • Ensuring that decision-making and management are conducted within Mauritius.

These criteria promote genuine economic activity and safeguard Mauritius’s status as a compliant jurisdiction under the OECD and EU guidelines.

At GWMS Ltd, we specialize in navigating these regulatory frameworks, offering expert guidance to ensure your business remains compliant while leveraging the full advantages of operating in Mauritius.