VAITOS Licence
Mauritius's comprehensive regulatory framework for virtual asset and token offering service providers — one of the most complete digital asset regulatory regimes globally.
The Virtual Asset and Initial Token Offering Services (VAITOS) Act provides Mauritius's regulatory framework for virtual asset service providers (VASPs) and initial token offering (ITO) issuers. Enacted to align Mauritius with FATF recommendations on virtual assets, the VAITOS Act establishes a licensing regime providing regulatory clarity and investor protection.
Licence Categories
VAITOS licences are available for Virtual Asset Broker-Dealers, Custodians, Exchanges, Transfer service providers, and Initial Token Offering (ITO) Issuers.
AML/CFT Requirements
VAITOS licence holders must implement comprehensive AML/CFT programmes including customer due diligence, transaction monitoring, and Travel Rule compliance.
Banking Access
A key benefit of VAITOS licensing is the ability to access banking services in Mauritius. Regulated VASPs are treated as financial institutions for AML/CFT purposes.
ITO Framework
The VAITOS Act provides a regulatory pathway for Initial Token Offerings, requiring an approved prospectus and investor protections.
Licensing Process
VAITOS applications are reviewed by the FSC with focus on technology systems, cybersecurity, AML/CFT frameworks, and qualifications of key personnel.
Ongoing Compliance
VAITOS licence holders must submit annual compliance reports, maintain FATF-compliant AML/CFT programmes, and cooperate with FSC inspection activities.
Ready to establish your Licence?
Our team will guide you through every step — from initial structuring advice through to incorporation, licensing, and ongoing administration.