THE MAIN CHARACTERISTICS OF MAURITIUS COMPANY

General

Type of entity Global Business Company 1 Global Business Company 2
Type of law Hybrid
Shelf company availability No Yes
Our time to establish a new company 4 weeks 3 days
Annual fees payable to the government: Tax/Annual Return Filing Fee USD 1,750 to FSC and USD 220 to ROC USD 235 to FSC and USD 65 to ROC
Corporate Taxation 0-5% 0-5%
Double taxation treaty access/td> Yes No

Share Capital or Equivalent

Standard currency USD
Permitted currencies Any
Minimum paid up USD 1
Usual authorised USD 1,000,000 USD 100,00

Directors or Managers

Minimum number One
Local required Yes, but 2 required for tax treaty access No
Publicly accessible records No
Location of meetings Anywhere, but in Mauritius for treaty access Anywhere

Members

Minimum number One
Publicly accessible records No
Location of meetings Mauritius – by proxy Anywhere

Company Secretary

Required Yes Optional
Local or qualified No

Accounts

Requirement to prepare Yes
Audit requirements Yes No
Requirement to file accounts Yes
Publicly accessible accounts No

Other

Requirement to file annual return No
Change in domicile permitted Yes

Presentation of jurisdiction

Strategically situated in the Indian Ocean, the sovereign state of Mauritius is one of the special and exceptional countries whose hybrid legal system is based on English and French law. Thanks to its praiseworthy jurisdiction Mauritius has drawn global attention and earned reputation as a world class international financial services centre. The high level operation security, flexibility ensured and provided to investors have been the main factors that have garnished Mauritius a global relevance. Thus, the island has become a remarkable offshore centre that enjoys a robust banking and financial industries. Mauritius English-French jurisdiction, security, flexibility, and resources can provide the customer with tailored offshoring solutions.

Who should choose Mauritius Company and which activities benefit the most?

Who?

  • Entrepreneurs;
  • Consultants;
  • Stockbrokers;
  • Holding companies.

Which activities?

  • International trade;
  • Inheritance tax purposes;
  • Holding of intellectual property rights (IP);
  • Ownership of movable and immovable property;
  • E-Commerce.

INTEREST OF THE JURISDICTION OF MAURITIUS

Advantages of a company in Mauritius:

  • No corporate rate tax on net profits arising from offshore business operations.
  • No withholding tax on dividends and benefits are payable by offshore companies.
  • No capital gains tax.
  • No estate duty or inheritance tax is payable on the inheritance of shares of an offshore entity.

Disadvantages of a company in Mauritius:

  • May be confusion regarding different types of Mauritian company.
  • Filing with authority of jurisdiction is required.

How to proceed

Provision of the following documents for incorporation of the company:

  • A completed application form signed by the company or by the representative;
  • Copy of valid passport;
  • A personal bill, which is less than 3 months old from the date of the application;
  • Payment of our fees.

Note: additional documents may be required depending on the certain offshore bank.

Set-up time: From the moment, we are in possession of all required documents:

  • Incorporation of a company or purchase of an existing company: 3 days;
  • Delivery of the original company documents: 15 days;
  • Offshore Bank: offshore bank account opening: 3 weeks.