Mauritius GBC 1

TYPES OF COMPANY:

  • Company with a Category 1 Global Business License
  • Company with a Category 2 Global Business License (tax exempt)
  • Company Limited by Guarantee
  • Limited Liability Companies (LLC)
  • Civil Law Foundations
  • Protected Cell Companies
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Capital requirements: No minimum;
Annual fees: $850

RATE OF TAXATION:

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GBL 1 15%, but tax credit reduces it to effectively 3%
GBL 2 No tax

HOW LONG TO INCORPORATE:

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GBL 1 10 business days
GBL 2 2 business days

NO. OF DIRECTORS NEEDED:

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GBL 1 At least one person who is a resident
GBL 2 At least one person or company. Need not be resident
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Disclosure permitted: Regulators may require information on identity of beneficial owners and officers.
Also accounting information on companies.
Such information can be exchanged with other jurisdictions.
Annual meetings: Yes. May be held anywhere in the world. Not less than 12 months after incorporation,
but less than 18 months. But GBL 1companies wishing to show tax residence must hold
meetings in Mauritius which may be by telephone of video.
Annual returns: Not required for GBL 1 or GLB 2. Financial statements for GBL 1 and GBL 2 must be audited.
Audited financial statements not required with annual returns.
Exchange controls: None

ADDITIONAL SERVICES

NamePrice
Courier $125

BANK ACCOUNT OPENING

NamePrice
Caribbean $500
Europe $800
Hong Kong $1,000