Multi-Family Office in Mauritius
Institutional-quality family office services shared across multiple families — delivering professional governance, fiduciary expertise and comprehensive administration at accessible cost.
A multi-family office (MFO) provides the services of a family office — fiduciary oversight, consolidated reporting, governance support, investment co-ordination — to a number of wealthy families simultaneously. By sharing the fixed cost of infrastructure, compliance, expertise and technology across multiple client families, an MFO delivers institutional-quality services at a cost point that a dedicated single-family office could not justify for smaller wealth levels. For families with assets typically in the USD 5 million to USD 30 million range, or larger families who prefer the efficiency of a shared model, a multi-family office arrangement in Mauritius offers an excellent balance of personalised service and professional depth. Mauritius is particularly well-suited as an MFO domicile: its FSC-licensed trustee and management company framework, its network of double taxation agreements covering 45+ jurisdictions, its proximity to emerging market investment opportunities in Africa and Asia, and its well-regarded common law legal system provide a stable, internationally credible platform for families from diverse backgrounds.
What the multi-family office model provides
Shared infrastructure, personalised service
Each family's structures are administered independently and with full confidentiality. The shared model relates to the back-office infrastructure — technology, compliance, expertise and regulatory overhead — not to the sharing of any family's information, assets or strategic decisions with other families. Each family has a dedicated relationship manager and a separate file structure.
Licensed trustee and fiduciary services
Every family receives the same licensed professional trustee services under our FSC Category 1 Global Business Licence and trustee licence, with independent fiduciary governance, formal trustee decision-making, and the full compliance framework required under Mauritius trust law and FSC regulations. Trusts are established under the Mauritius Trusts Act 2001, providing robust legal protection and flexibility.
Consolidated reporting across structures
We provide each family with a consolidated view of their Mauritius structures — trusts, companies, investments and underlying assets — in a single periodic report, removing the need to chase information from multiple providers. Reports are prepared quarterly as standard, or monthly for families with active portfolios. Reporting can be tailored to the family's preferred currency and format.
Access to specialist expertise
Clients benefit from in-house expertise across Mauritius trust law, corporate governance, CRS/FATCA compliance, MRA tax requirements, FSC regulatory obligations and investment oversight — a multi-disciplinary capability that no single family could cost-effectively maintain independently. We also maintain relationships with specialist advisers in the key African and Asian jurisdictions where many of our clients have investments.
Governance and succession support
We assist with family governance frameworks, letters of wishes, distribution policies, family constitutions and inter-generational transition planning. We work with the family's legal and tax advisers to ensure that the Mauritius structures are correctly integrated into the broader succession plan, including the treatment of non-Mauritius assets and beneficiaries resident in multiple jurisdictions.
Scalable as wealth grows
A client who begins with a multi-family office relationship can transition to a more bespoke service level — or to a single-family office model — as their wealth and complexity grows, without changing provider. This continuity of institutional knowledge and relationship is a significant practical advantage, avoiding the disruption and documentation burden of switching service providers mid-wealth cycle.
Investment oversight and co-ordination
Where a family works with external investment managers or private banks, we provide oversight and co-ordination — reviewing investment mandates, monitoring compliance with trust deed and letter of wishes investment guidelines, receiving and reconciling portfolio valuations, and ensuring that investment activity is properly reflected in the trust's accounts and annual reporting. We do not provide investment advice but we act as an independent, fiduciarily accountable check on the investment process.
Tax reporting and CRS/FATCA management
We manage the annual CRS and FATCA reporting obligations for Mauritius trusts and companies within each family's structure, coordinating with the FSC-registered reporting financial institution where required. We also prepare the annual Mauritius tax return for each entity and liaise with the MRA, ensuring that the structure remains in good standing and that all treaty benefits are properly claimed.
Joining the multi-family office
Initial consultation
We discuss your family's situation, existing structures, wealth objectives, jurisdiction of residence and the specific services you require. We confirm whether the MFO model is the right fit and provide an indicative fee proposal based on the number and types of structures involved.
Structure review and design
We conduct a detailed review of your existing or proposed structures — trusts, companies, foundations and any Mauritius-based investment vehicles — and recommend any changes required to bring them into the Mauritius framework efficiently. We identify any outstanding compliance, tax or governance issues that need to be resolved before or during the transition.
KYC and onboarding
We complete the full FSC-compliant AML/KYC onboarding process for all beneficial owners, settlors, beneficiaries and controllers. Existing structures are transferred to our administration platform. A dedicated relationship manager is assigned, and access is provided to the client portal for consolidated reporting and document access.
Service commencement
We assume full responsibility for the agreed services. Regulatory filings are brought up to date, bank accounts and investment platform access is updated to reflect the new administration arrangement, and the family receives its first consolidated report within the agreed reporting cycle — typically within 90 days of onboarding completion.
Eligibility and requirements
- Minimum recommended wealth level of USD 5 million across Mauritius structures
- Willingness to engage in full KYC and source of wealth assessment under FSC AML/CFT guidelines
- Mauritius-based or Mauritius-connected structures (trusts, GBCs, foundations or authorised companies)
- Appointment of a single family representative as primary contact and authorised correspondent
- Agreement to the MFO service terms, fee schedule and annual review process
- Disclosure of all beneficial owners, controlling persons, protectors and principal beneficiaries for AML screening
- Provision of existing constitutional documents, trust deeds, prior accounts and correspondence for transition review
- Commitment to timely provision of updated KYC documentation whenever triggered by regulatory change or bank refresh request
Indicative multi-family office fees
| Item | Indicative range |
|---|---|
| Annual MFO administration retainer (per family) | USD 12,000 – 35,000 |
| Trustee fees for underlying trusts (per trust) | USD 5,000 – 15,000 |
| Company administration (per entity) | USD 2,500 – 6,000 |
| Consolidated reporting (included in retainer) | Included |