Regulatory Licensing

Financial Services Licence Application & Advisory

FXBX provides end-to-end licence application management and advisory across 15 regulatory licence categories — covering FX, payments, crypto/VASP, and UAE-regulated frameworks including SCA, ADGM, VARA, and Freezone structures.

Licence Categories

FSC — Crypto / VASP

Mauritius VASP Licence

Regulatory Authority: Financial Services Commission (FSC) Mauritius  |  Region: Mauritius

What This Licence Permits You To Do

Operating as a virtual asset service provider under the FSC framework
Exchange between virtual assets and fiat currencies
Exchange between virtual assets
Transfer of virtual assets on behalf of clients
Custody and administration of virtual assets

Ideal For

  • Crypto exchanges seeking a well-regulated African/Indian Ocean VASP licence
  • Digital asset service providers targeting institutional clients
  • Entities seeking Mauritius's tax treaty benefits for VASP operations

Key Regulatory Requirements

  • Minimum stated capital: USD 200,000
  • Fit and proper directors and key personnel
  • AML/CTF compliance program aligned with FATF standards
  • Travel rule compliance framework
  • Local substance — registered office and resident director
  • Cybersecurity and operational risk framework

How FXBX Supports Your Application

Mauritius company incorporation
FSC VASP licence application preparation
AML/CTF program development (FATF-aligned)
Travel rule compliance framework
Cybersecurity framework advisory
Banking access advisory

Typical Timeline

4–8 months from application to licence grant

Timelines are indicative only and subject to regulatory authority processing times, completeness of application, and other factors outside FXBX's control.

Value Proposition

The Mauritius VASP Licence provides a well-regulated, internationally recognised credential for virtual asset service providers. Mauritius's FSC framework is FATF-aligned and offers access to an extensive tax treaty network — making it an increasingly preferred jurisdiction for institutional-grade VASP operations.

Regulatory Disclaimer: All information regarding licensing requirements, timelines, and regulatory frameworks is provided for general informational purposes only and is subject to change. FXBX does not guarantee any particular regulatory outcome. Regulatory authority decisions are made at the authority's sole discretion. Prospective applicants should seek independent legal advice regarding their specific circumstances before commencing any licence application.