About Monarch Detailed View

We provide end-to-end solutions, from incorporation to daily administration and ongoing compliance.

About Monarch

We are a boutique financial services firm based in Mauritius, specializing in the setup, administration, and ongoing management of offshore structures for private clients, international businesses, investment funds, and family offices.

With deep expertise in the financial services industry and a client-first philosophy, we provide tailored, compliant, and cost-effective solutions that help clients grow and protect their wealth across borders.

Our company is licensed by the Mauritius Financial Services Commission (FSC) to provide a full suite of corporate and fiduciary services to international clients, ensuring the highest standards of compliance and regulatory oversight.

Our Vision

To be a trusted and forward-thinking financial services provider that delivers value through transparency, efficiency, and deep client engagement.

Our Mission

To help our clients navigate complex international financial landscapes by offering world-class structuring, administration, and advisory solutions — grounded in integrity, innovation, and regulatory excellence.

Why Work With Us

Local expertise,
international standards.

Transparent,
efficient, and
proactive service.

Personalized
attention from senior
professionals.

Seamless onboarding
and digital
communication.

Our Team

Our leadership team brings decades of combined experience in fiduciary services, regulatory compliance, and corporate governance. The company is led by

Mr Kevin Bhagmal

Managing Director

Mr Bhagmal is an experienced professional with 17+ years in the offshore and financial services sector. Holds a BSc in Economics and Finance and an MBA from the University of MANCOSA. Proven track record in setting up and administering complex structures, business development, and regulatory compliance. Served as Managing Director and shareholder of a licensed management company for the past 5 years, leading its growth into a profitable organisation. Experienced director on various client entities, including those with special licenses.

Mr Jossy Shivjee Dowlutrao

Director

Mr. Jossy Shivjee Dowlutrao has over 15 years of experience in corporate administration, global business, and non-profit leadership. Graduated with a Bachelor in Economics and Finance from the University of Mauritius and a Master in Business Administration from the University of Southern Queensland of Australia, Mr. Dowlutrao had set up the Accuris Group which provides innovative business administration, outsourcing, and technical support services to enterprises. His entrepreneurial vision has helped businesses streamline operations and drive growth. He also attended several courses in anti-money laundering, financial crimes and project management. Jossy is a member of the Mauritius Institute of Directors.

Mr Tashley Soowamber

Director

Mr Tashley Soowamber is a seasoned Senior Tax Accountant with over 14 years of progressive experience in public practice and corporate accounting. Based in Osborne Park, WA, he currently serves at Concept Accounting Group, where he has built a reputation for delivering expert tax advisory, compliance, and strategic financial planning services to a diverse clientele, including individuals, businesses, trusts, estates, and non-profits.

As a Certified Public Accountant (CPA), Mr. Soowamber brings deep expertise in representing clients before federal, state, and local tax authorities. He is adept at identifying legal tax-saving opportunities, conducting risk assessments on major transactions, and advising clients on profit improvement strategies. His practical experience with leading software platforms such as MYOB, Xero, and QuickBooks has also enabled him to train clients for more effective financial management.

Why Mauritius

Mauritius is a leading International Financial Centre (IFC) strategically positioned between Africa and Asia. Known for its stable political climate, modern legal framework, and regulatory integrity, Mauritius offers compelling advantages for businesses, investors, and private clients.

Strategic Location

Mauritius is strategically positioned between Africa and Asia, making it a preferred financial hub for investment into Africa, India, and Southeast Asia.

Robust Regulatory Framework

The Mauritius Financial Services Commission ensures a well-regulated and transparent environment. Mauritius adheres to global compliance standards including OECD, FATF, and the EU.

Extensive Tax Treaty Network

Mauritius has a broad network of Double Taxation Avoidance Agreements (DTAAs) with over 40 countries, enabling efficient tax planning.

Political and Economic Stability

Mauritius is recognized for its strong governance, independent judiciary, and sound macroeconomic policies.

Reputable Offshore Jurisdiction

The country is considered a compliant and reputable international financial center — not blacklisted by the EU or OECD.

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