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Crypto Regulation in Mauritius

Crypto Friendly

Mauritius has established itself as a crypto-friendly jurisdiction in Africa with the FSC issuing VASP licenses. The Virtual Asset and Initial Token Offering Services Act 2021 provides a comprehensive regulatory framework.

Region: Africa EastCurrency: MURRisk Score: 25/100

Tax Information

Capital Gains (Personal)
No capital gains tax in Mauritius
Capital Gains (Corporate)
15% corporate tax; no capital gains tax
VAT on Crypto
No
Staking Tax
No capital gains tax; business income at 15%
Airdrop Tax
No specific guidance
Mining Tax
Business income taxed at 15%
Summary
Mauritius does not impose capital gains tax, making it attractive for crypto investors. Corporate income is taxed at 15%. The Global Business sector offers favorable tax treatment for international operations.

Licensing & Registration

License Required
Yes
Regulator
FSC Mauritius (Financial Services Commission Mauritius)
Framework
Virtual Asset and Initial Token Offering Services Act 2021
License Types
VASP Class M (full), VASP Class O (advisory/initial token offering), VASP Class R (registered)
Estimated Cost (USD)
$10,000 - $75,000
Timeline
3-6 months
Ease of Licensing
Medium
Notes
The FSC Mauritius has been licensing VASPs since 2019 under its regulatory sandbox, then formally under the 2021 Act. Multiple crypto exchanges and custodians have obtained licenses. Mauritius positions itself as a gateway for crypto businesses targeting Africa and Asia.

AML / KYC

KYC Required
Yes
Travel Rule
Yes
FATF Member
No
FATF Status
Compliant
Suspicious Activity Reporting
Yes

Mining

Mining Legal
Yes
Status
Legal
Electricity Cost ($/kWh)
$0.13
Renewable Energy
22%
Climate
Tropical
Infrastructure
Good
Tax on Mining Income
15% corporate tax; no capital gains tax

DeFi, Stablecoins & NFTs

DeFi: unclearStablecoins: general frameworkNFTs: no_rulesCBDC: exploring

Soken Services

Legal Opinion
Available | $2,000 - $8,000 | 7 days
Banking
Difficulty: Medium | Crypto-friendly banks: none listed
Min. Deposit
$10,000
Fiat Rails
SWIFT, M-Pesa
Card Payments
Visa, Mastercard
Company Registration
$5,000 | 14 days | Limited Liability Company
Licensing Support
Available | $15,000 - $50,000

Sources

Frequently Asked Questions

Is crypto legal in Mauritius?
Cryptocurrency is currently classified as "Crypto Friendly" in Mauritius. Mauritius has established itself as a crypto-friendly jurisdiction in Africa with the FSC issuing VASP licenses. The Virtual Asset and Initial Token Offering Services Act 2021 provides a comprehensive regulatory framework.
What is the crypto tax rate in Mauritius?
In Mauritius, the personal capital gains tax on crypto is No capital gains tax in Mauritius, and the corporate tax rate is 15% corporate tax; no capital gains tax. Mauritius does not impose capital gains tax, making it attractive for crypto investors. Corporate income is taxed at 15%. The Global Business sector offers favorable tax treatment for international operations.
Do I need a crypto license in Mauritius?
Yes, a crypto license is required in Mauritius. The regulator is Financial Services Commission Mauritius under Virtual Asset and Initial Token Offering Services Act 2021. Estimated licensing cost: $10,000 - $75,000.
Is crypto mining legal in Mauritius?
Yes, crypto mining is legal in Mauritius. Electricity costs approximately $0.13/kWh. Mining income is taxed at: 15% corporate tax; no capital gains tax.
What are the AML/KYC requirements for crypto in Mauritius?
Yes, crypto businesses in Mauritius must comply with KYC (Know Your Customer) requirements. The FATF Travel Rule is implemented. FATF compliance status: compliant.