Trust Administration in Mauritius
Comprehensive ongoing administration for Mauritius trusts: fiduciary oversight, asset management, beneficiary reporting and regulatory compliance — handled by licensed professionals.
Once a trust is established, the quality of its ongoing administration determines whether it achieves the objectives for which it was created. Proper trust administration requires a licensed trustee to exercise genuine fiduciary duties — not merely to hold assets passively, but to actively manage, report and distribute in accordance with the trust deed and the interests of beneficiaries. Our trust administration service covers the full administrative lifecycle of a Mauritius trust, providing settlors and beneficiaries with confidence that their structure is being maintained to the highest professional and regulatory standards. We administer trusts governed by the Trusts Act 2001, from simple discretionary family trusts to complex multi-jurisdictional structures holding operating companies, investment portfolios and real estate across multiple countries. All administration is performed by qualified trust officers under the oversight of our licensed trustee entity.
What trust administration covers
Fiduciary oversight and decision-making
The trustee acts as legal owner of trust assets and must exercise prudent care, loyalty and impartiality. This includes reviewing investment mandates, approving distributions, maintaining conflicts registers and documenting all trustee decisions by formal resolution. Every material decision is considered by our trustee committee and recorded with supporting rationale, creating a defensible audit trail for any future scrutiny.
Asset custody and management coordination
We maintain records of all assets held in trust — whether bank accounts, investment portfolios, company shares, real estate or other property — and coordinate with custodians, investment managers and local agents to ensure assets are properly documented and overseen. Asset schedules are updated at least annually and provided to the settlor or principal adviser.
Annual accounts and financial reporting
Preparation or coordination of annual trust accounts, reconciling asset movements, income received and distributions made during the year. Copies are provided to relevant parties in accordance with the trust deed. Where required, we co-ordinate with external accountants or auditors to ensure accounts meet any applicable professional standards.
Beneficiary communication and distributions
Processing distribution requests, maintaining beneficiary records and issuing distribution letters and confirmations. Where the trust is discretionary, we prepare trustee resolutions documenting the exercise of discretion on each occasion. We handle beneficiary enquiries professionally and in accordance with the trustee's disclosure obligations under the Trusts Act 2001.
Regulatory and compliance obligations
Maintaining the trust's status with the Financial Services Commission (FSC) of Mauritius, filing CRS/FATCA reports annually with the Mauritius Revenue Authority (MRA), updating KYC records and ensuring the structure remains in good standing. We monitor regulatory developments and advise on any changes to FSC guidance or MRA requirements that affect the trust.
Trustee meetings and record-keeping
Preparing trustee meeting agendas and minutes, maintaining the trust file in good order and retaining records in accordance with Mauritius law and FSC guidance. All records are maintained electronically and backed up securely. The trust file is available for inspection by the FSC on request.
How ongoing administration works
Onboarding and file review
We review the trust deed and letter of wishes, identify all assets, parties and obligations, and establish a comprehensive administration file and compliance calendar. A dedicated trust officer is assigned as the primary point of contact for all matters relating to the trust. Any gaps or anomalies in the trust deed or existing documentation are flagged at this stage.
Asset reconciliation
All assets are identified, confirmed in the trust's name or under its control, and entered into our administration system. Third-party custodians and managers are notified as required. We prepare a complete asset schedule and confirm the current market value of all trust assets as at the date of onboarding.
Annual compliance cycle
Each year we prepare the trust accounts, obtain updated KYC where required, file CRS/FATCA reports with the MRA and ensure any regulatory renewals are completed on time. The compliance calendar is issued to the principal adviser at the start of each year, identifying all key deadlines. We target completion of CRS/FATCA filings before 30 June of each year, in line with MRA requirements.
Event-driven administration
We respond to distribution requests, asset acquisitions or disposals, changes to beneficial interests, protector consultations and any other events during the year, documenting each by trustee resolution. Urgent matters — such as time-sensitive investment decisions or distributions — are handled within agreed response times.
Periodic reporting to principals
We provide the settlor, protector or principal adviser with periodic summaries of trust activity, asset status and any matters requiring attention. The standard reporting cycle is annual, but quarterly or semi-annual reporting can be arranged by agreement. All reports are issued in English and, where requested, in French.
Annual review and forward planning
At the end of each administration year, we conduct a review of the trust's status — including any changes in the beneficiaries' circumstances, the adequacy of the letter of wishes, the performance of investment managers and any legislative or regulatory changes affecting the structure. Recommendations for structural or administrative improvements are presented to the settlor and their advisers.
Key documents and information required
- Executed trust deed and any supplemental deeds or amendments
- Letter of wishes (if any) from the settlor
- Full KYC documentation for settlor, beneficiaries, protector and any other relevant parties
- Schedule of all assets currently held in trust
- Contact details for all investment managers, custodians and advisers
- Details of any pending distributions or trustee decisions
- Most recent trust accounts (where the trust is being transferred from another administrator)
Indicative administration fees
| Item | Indicative range |
|---|---|
| Annual trustee fee (simple trust) | USD 5,000 – 10,000 |
| Annual trustee fee (complex / multi-asset trust) | USD 10,000 – 25,000+ |
| Annual accounts preparation | USD 1,500 – 4,000 |
| CRS / FATCA annual filing | USD 500 – 1,500 |
| Distribution processing (per event) | USD 300 – 800 |