Mauritius Family Office & Wealth Structuring

A Mauritius family office can provide a coordinated platform for administering family investments, managing complex cross-border assets, establishing governance arrangements and planning intergenerational wealth transfers. Mauritius combines a dedicated regulatory framework with access to corporate, fiduciary and professional services for internationally active families.

A single family office (SFO) is organised around the affairs of one qualifying family. A multiple family office (MFO) serves multiple qualifying families through a professionally managed platform. The family office may work alongside trusts, foundations, holding companies and investment vehicles; these are complementary structures rather than interchangeable licences.

Depending on its approved scope, a family office may coordinate investment oversight, administration of family assets and estates, consolidated reporting, cash-flow and risk monitoring, succession planning, family constitutions and governance, philanthropy, tax and legal coordination, and selected lifestyle or concierge support. Investment management or other separately regulated services must be undertaken only where properly authorised.

A centralised family office can improve oversight across jurisdictions, enhance reporting and accountability, clarify decision-making between generations, facilitate succession planning, coordinate professional advisers and help maintain continuity during changes in family leadership. Mauritius also provides a recognised regulatory environment and proximity to investment opportunities in Africa and Asia. Outcomes depend on each family’s circumstances, the structure and applicable foreign laws.

The Financial Services (Family Office) Rules 2026 took effect on 1 June 2026, replacing the 2020 Rules. New applications are subject to the 2026 framework; existing licensees have a transition period ending 31 December 2026. ·
Core family-office services are subject to FSC licensing. Providers conducting only ancillary services may fall outside mandatory family-office licensing, although other regulatory permissions may still apply. ·
The licence holder must be an eligible corporation, a concept that can include qualifying companies, partnerships, trusts or foundations. Applications may be submitted through a management company. ·
An SFO must meet the applicable USD 5 million asset threshold; under the 2026 rules no prescribed minimum capital is specified for SFOs. ·
An MFO must meet at least USD 5 million in assets for each family and USD 25 million in aggregate, and minimum capital of USD 50,000. ·
The FSC assesses governance, suitable personnel, risk management, AML/CFT controls, confidentiality, cybersecurity and data protection. MFOs must address conflicts of interest and segregation between families. Physical presence and staffing should be evaluated against current licensing criteria and the proposed activities.

Mauritius has offered qualifying family offices tax incentives, including a ten-income-year holiday under published scheme guidance. However, tax eligibility depends on the current Income Tax Act, licensing date, substance, staffing and other applicable conditions. The 2026 regulatory reforms make older promotional brochures unreliable for some licensing thresholds. LGBS should verify the precise tax incentive with the MRA and specialist advisers before stating an unconditional entitlement on its website. Foreign tax, controlled foreign company, reporting and exchange-control rules may apply to family members and assets.

International entrepreneurial families; founders planning a business succession; families with diversified investments across countries; high-net-worth families seeking a central reporting and governance function; and families considering a combination of Mauritius trusts, foundations, holding entities and investment funds.

Mauritius Family Office