Mauritius offshore company

Mauritius is strategically located in the Indian Ocean with a favourable time zone (GMT + 4) and a long history of free enterprise. Mauritius has been actively involved in regional co-operation and is a member of the Common Market for Southern and Eastern Africa (COMESA), the Southern African Development Community (SADC) and the proposed Indian Ocean Rim Association.

Politically, Mauritius has the tradition of a democratically elected government and has enjoyed political stability for decades.

Mauritius GBC2s are companies incorporated under the Companies Act 2001 with a category 2 Global Business Licence. GBC2 companies are designed for business outside of Mauritius and may not carry on business in Mauritius (subject to a number of statutory exceptions).

Mauritius Offshore GBC2 Companies are commonly used for:

1. The holding / ownership of investments and assets( real estate or shares or other property)
2. Commercial transactions and international trading operations
3. Asset protection consultancy companies.

Features & benefits of Mauritius GBC 2 offshore companies

Fiscal advantages

1.  Mauritius taxation on foreign income: no
2.  Mauritius stamp duty on transfer of GBC2 shares: No
3.  Minimum Mauritius Government License fee: $235 Licence fee and $65 Registration fee

Directors

1. Minimum number of directors: 1
2. Corporate directors permissible: yes
3. Local director requirement: no
4. Publicly accessible records of directors: no
5. Location of directors meetings: anywhere

Shareholders (members)

1. Minimum number of shareholders: 1
2. Corporate shareholders permissible: yes
3. Local shareholder requirement: no
4. Location of shareholders meetings: anywhere
5. Publicly accessible records of shareholders: no

Beneficial owners (clients)

1. Publicly accessible records of beneficial owners: no
2. Shares may be held by a nominee on behalf of beneficial owner client

Company Secretary

1. Appointment of Company Secretary requirement: optional

Share capital

1. Stated Capital: With the Companies Act 2001, the concept of authorized share capital has been abolished. A GBC2 company can now issue shares without any restriction.   
2. Standard Minimum Paid up Capital: US$1
3. Standard currency: USD, EUR, GBP
4. Permitted currencies: any (except Mauritian Rupees)
5. Registered shares (bearer shares not permitted)

Accounts and returns

1. Requirement to file annual Accounts: no
2. Audit requirement: no
3. Publicly accessible Accounts: no
4. Requirement to file annual company return: no

Other

1. Migration/redomiciliation of companies to or from Mauritius : yes
2. Double taxation treaty access: no
3. Confidentiality: no publicly accessible records of directors or shareholders or beneficial owners / clients; and use of nominees permitted; Permitted currencies: any (except Mauritian Rupees)
4. Registered shares (bearer shares not permitted)

Mauritius resident company GBC1

Mauritius Bank Account opening checklist

Banks in Mauritius

1. Standard Chartered Bank,
2. Barclays,
3. Mauritius Commercial Bank Ltd,
4. State Bank of India,
5. Standard Bank,
6. HSBC

 

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Asset Protection s.r.o. is not a law firm and does not provide legal advices or legal services. We recommended to consult licensed professionals with regards to local tax and legal matters.