Collective Investment Scheme

A collective investment scheme which is made up of a Global Fund licensed under the Financial Services Act and the Securities Act 2005, can be structured as a company, a trust, a protected cell company (PCC) and any other form that has received approval from the FSC.

The fund must be administered in Mauritius. Its bank account must be in a Mauritian offshore bank, all accounting and administration is to be done in Mauritius, as well as board meetings and the company secretary. In addition two locally based directors must be appointed.