What happens if a GBC misses the FSC fee or accounts deadline?
Last updated: Oct 21, 2026, 17:46 (UTC+08:00)
Penalties apply, and in serious or repeated cases the FSC can suspend or revoke the licence, which affects bank accounts and treaty claims. A company with no further purpose should be wound up properly through the management company rather than left dormant.
Source: Financial Services Act 2007, Financial Services Commission, Mauritius