Another step towards enhancing the Mauritius International Financial Centre. Mauritius is the first African country to adopt legislation on the setup of VCCs, positioning the IFC as an attractive destination for investment funds, stimulating the establishment of new funds and encouraging existing funds to migrate to the VCC structure.

The Mauritius VCC Scheme is a flexible and innovative legal framework designed specifically for fund structures. It allows for the creation of multiple investment funds with variable capital within the VCC, providing investors with more flexibility, offering a streamlined and efficient process for setting up and managing investment funds and catering for the evolving needs of investors and investment managers.