Regulatory Sandbox License Mauritius

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 Board of Investment to eligible companies willing to invest in innovative projects according to an agreed set of terms and conditions for a defined period.

Any person who has an innovative project for which there is no or an inadequate legal framework which is hindering its realization may apply for an RSL.

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

In addition, it should be made clear that the current legislative framework does not cater for the type of project. Where there are existing provisions, it would be deemed that the person is not eligible to apply for an RSL.