What are the minimum capital requirements for Investment Dealer?

The applicant shall maintain a minimum stated unimpaired capital of Mauritian rupees 7 00,000 or an equivalent amount and submit evidence pertaining thereto. 

For a Global Business Company, the following should be submitted: 

• An undertaking that the applicant shall at all times maintains the prescribed minimum stated unimpaired capital (currently, MUR 700,000 or it’s equivalent in another currency).
• An undertaking that the applicant will not start its operations, trade, or incur any liabilities prior to meeting its minimum unimpaired stated capital of MUR 700,000 
• An undertaking that within one month of the licence being issued evidence that the proceeds of the share issue amounting to MUR 700,000 or its equivalent have been credited to the applicant’s bank account will be submitted to the Commission. 

For a domestic company applying for an Investment Dealer (Full Service Dealer excluding Underwriting) Licence, the following should be submitted: 

• The applicant should ensure that the stated capital of MUR 700,000 is injected prior to the licence being issued.
• Certified true copies of statutory filings with respect to the share capital.
• Confirmation that the stated capital is fully paid