Company registration in Mauritius is done under Company Act 2001 and FS Act 2007. Basically two types of company are registered in Mauritius as follows:
01. | Company as Category 1 | Global Business License (GBC 1) |
02. | Company as Category 2 | Global Business License (GBC 2) |
Find here to apply through online registration: https://portalmns.mu/, Corporate and business registration office in Mauritius: http://companies.govmu.org/English/Pages/default.aspx
Company registration in Mauritius
- As basic requirement of company registration in Mauritius proposed share holders shall declare a approval letter in writing of figure of members, value of share, paid up and authorized capital;
- Passport copy of the proposed share holders, name approval paper, share holder’s address, company secretary’s address shall be additional requirement of company registration in Mauritius;
GBC 1: Company Registration in Mauritius
- Each business name is titled as corporation, corporate, limited
- Business entity shall pay tax as profit volume of business;
- Branch offices of foreign companies are not permitted to engage into trading in Mauritius;
- This type of company shall hold one share holder and one director as process of new company registration in Mauritius;
- Appointing company secretary for registered company is another requirement of new company incorporation in Mauritius;
- In case of treaty agreement countries, company can enjoy without paying double tax in particular business sectors;
- If company earn surplus does not need to pay taxation under GBC 1 category of company;
- Usually, authorized capital shall be US$ 1000,000 of each companies that is declared by AoA before papers submission of company registration in Mauritius;
- Note: Banks, insurance entities, trusty business, investment entities are not permitted to register new company in Mauritius unless taken prior permission by authority;
- This category of companies are not permitted to offer public share in market and is strictly forbidden;
- Business tax rate start from 0 to maximum 10% but at a certain layer tax rate stay between 0% to 3%;
- Audit report submission is not requirement of such company in Mauritius under GBC 1 category;
Company Incorporation in Mauritius
GBC 2, Company Incorporation in Mauritius
- Mauritius local offshore companies are not allowed to start business under this category and to company incorporation in Mauritius;
- Investment, trusty, insurance and reinsurance businesses are not allowed for company incorporation in Mauritius;
- Nonresident investors can hold full percent of shares to incorporate private limited company in Mauritius;
- Hiring/ appointing local person as director is not requirement of company incorporation in Mauritius;
- As process of new company incorporation in Mauritius, one share holder and one director is need, provided that multiple share holders are allowed;
- Double taxation treaty agreement is not applicable under GBC 2;
- As company incorporation in Mauritius policy, company is incorporated by minimum one share holder;
- Minimum paid up capital of a company might be US dollar one;
- Company shall have a correspondence address of each company;
- Exciting news is company income tax is zero and annual report submission is not requirement;
- Company incorporation in Mauritius under this category is preferred by foreign entrepreneurs;
BANKS FOR NON RESIDENT IN MAURITIUS
Many local and foreign banks are available in Mauritius as list of banks in Mauritius
Company registration cost in Mauritius
01. | Company registration fees in Mauritius | Category GBC1 Fees | US $ 6800 |
02. | Company registration fees in Mauritius | Category GBC 2 Fees | US$ 1500 |
Additional requirement of company registration in Mauritius:
- Work permit, business visa or investors visa can be obtained by foreign investors after completion of company registration in Mauritius;
- Foreign investment procedure is easier and kept in good eyes by government organs to provide maximum facilities to the nonresident investors;
- Garments and textile businesses are growing being well connecting countries of African country and European country, besides, mineral, gas, IT, services, big industry sectors have to established as remarkable;
- No hassle on generating revenue and tax issue by government;
- Investors can fully enjoy tax exemption if business is located inside of tax free zone areas;
- Many foreign banks are available to cooperate investors opening bank account and banking;
Company registration time in Mauritius
Company registration time in Mauritius | two weeks, highest | GBC 1 | |
Company registration time in Mauritius | four weeks, highest | GBC 2 |
Branch office registration in Mauritius
- Company certified papers are need to verify by embassy of Mauritius ;
- Business activities of the branch office have to be writing in meeting minutes;
- A person shall be authorized who will forward papers to have permission as consultant/ expert;
- It may take four weeks time to have completion of registration in Mauritius;
- Branch office registration permission is given by government concern department
Contact us
√ email@foreigncompanyregistration.com
√ Raffles Tower, Cybercity, Ebene, Mauritius
√ Find us here also to contact.