Setting up company in Mauritius by foreigner/s

Mind you. If setting up a company in the field of activities you described,  you will need special licenses from the Financial Services Commission (FSC). You will only be able to get residency permits once the FSC has given its approval. There is a specific procedure for this and certain comfort (expertise, investment, infrastructure, etc.) will have to be provided in a well documented manner.

You will need to master the overall procedure and system - or hire a local professional to undertake that for you.

Thanks Nadeem for the info. Yes you right about me mastering the overall procedure and am trying to do that.  local professional chanrge a lot. I am aware of the license requirement.

Any idea on the overall cost from registration, licensing to getting residency permits for at least two directors?

Thanks again.

Residency permit fees (for a 3 year permit) : MUR20,000 per main applicant  + MUR5,000 per dependent.

LIcensing and registration will depend on the categories of licenses you will register for. You may check https://www.fscmauritius.org/en

You have licenses and their costs here
https://www.fscmauritius.org/en/others/codified-list