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Regulatory Sandbox License

The Regulatory Sandbox License (RSL) offers the possibility for an investor to conduct a business activity for which there exists no legal framework, or adequate provisions under existing legislation in Mauritius.  The RSL will be issued by the Economic Development Board to eligible companies willing to invest in innovative projects according to an agreed set of terms and conditions for a defined period.

Eligibility

Any investor who has an innovative project for which there exists no legal framework or adequate provisions which cover the materialization of his project may submit a duly filled in application for the issuance of an RSL.

The applicant should be able to demonstrate the innovative nature of the project at the local, regional or international level. 

Guidelines

Consult the Guidelines to apply a Regulatory Sandbox Licence for Non-Fintech Projects .

Consult the Guidelines to apply for a Regulatory Sandbox Licence for Fintech Projects

Mode of Application

An applicant for an RSL should submit his application with a business plan and other relevant documents on sandbox@edbmauritius.org, and should his application be approved under the RSL Scheme, he should present the original documents to the Board of Investment to obtain the RSL.

Details about the business plan and the list of documents to be submitted can be found on the following link.