Do You Wish to Start an Offshore Company in Mauritius?
Various low-tax business registration options available for foreign investors. With solid local banking.
Are you interested in forming a company in Mauritius? Then you have come to the right place. Because a Mauritian Company offers you the following:
Tax Incentives/Fiscal benefits (Low Tax rates of 0% - 3%)
Good banking options
Company records are not available to the public.
Why Start a Company in Mauritius?
Mauritius is a politically stable island state located East of Africa. It is not just a peaceful paradise. It has an actual developed economy, ranking 20th in “Ease of Doing Business” worldwide. A skilled and bi-lingual (English & French) pool of qualified lawyers, accountants, and other professionals are at your desposal.
Mauritius acts as the main financial hub for investment into Africa. The jurisdiction is approved by the EU and white-listed by the OECD. It does not feature on any black list. Mauritius is a member of SADC, IOR-ARC and COMESA. Moreover, it has a growing list of Double Tax Treaties, allowing rock-solid tax planning.
As one of the few places in the world, Mauritius banks are still welcoming foreigners–especially those with a local company.
And besides the virtually non-existent corporate tax, there are no withholding tax on dividends, interest, and royalties paid outside of Mauritius. And if this is not enough, you do not have to worry about estate tax, capital gains tax inheritance, or wealth tax.
What Kind of Company Can You Start In Mauritius?
Businessmen who wish to set-up tax efficient companies in Mauritius have two options:
a Global Business License (GBL)
an Authorized Company (AC)
While the second is the classic offshore company; the first is a tax resident company that can benefit from an 80% exemption of corporate income tax (resulting in an effective tax rate of 3%). Both entities are great solutions if you're involved in international trading and holding activities.
The Global Business License (GBL) “Tax Resident”
The Global Business License is there for any activity, provided however that the ultimate purpose of the company is to make an investment or provide a product or a service outside Mauritius.
This is not a traditional offshore company. It needs two resident directors. As a result, this company is tax resident in Mauritius. It is subjected to tax and can be used to tax planning through an expanding network of tax treaties.
This company is subjected to 15% corporate tax. However, a foreign tax credit or deemed tax credit of 80% (whichever is higher) can be applied. The result is a maximum effective tax rate of 3%
(subject to meeting certain conditions).
This type of company has a registered office in Mauritius, and must submit Audited Financial Statements within 6 months of financial year end.
Authorised company (AC) “Tax Exempt”
The Global Business License is there for any activity, provided however that the ultimate purpose of the company is to make an investment or provide a product or a service outside Mauritius. Moreover, it cannot engage into any banking, financial and fiduciary services and trusteeship business.
This type of company is in line with more traditional offshore companies such as those found in the Seychelles or the BVI. It does not require local directors. As such, it is also not tax resident in Mauritius and cannot make use of tax treaties.
This company is subject to 0% tax in Mauritius
This type of company has a registered office in Mauritius, and must submit an (unaudited) financial summary within 6 months of financial year end. And even though no tax is payable in Mauritius, i still needs to file a tax return with the authorities.
Where to Bank?
There is no shortage of banking options in Mauritius. As of now, we can provide an introduction with the following banks: ABC Bank, Bank One, Afrasia Bank, Standard Chartered, Absa Bank, and Invested Bank.
Opening a corporate bank account is still possible here for foreign investors. This rings especially true if they own a local company. Having your bank and company in the same jurisdiction also prevents the more exotic structures of having the entity and bank account on opposite sides of the world.
Once you have explained us your business model, our banking officers can tell you more about the perfect banking solution for you.
Who are we?
We offer elite corporate services, such as: Company Formations, Bank Accounts, Merchant Accounts, and the Licensing of various operations and structures. Whether you represent a company, or are an individual entrepreneur; you'll receive first-class (confidential) assistance – with a unique, and personal approach.
Founded in 2009, Internet Incorporate Ltd
has quickly established its name in the corporate industry.
We pride ourselves for our customer service; confidentiality, quick response and professionalism. A “one-stop solution” attitude is what our new, and existing clients always receive from our team.
Through the years, we have paved the way by building a large network of trusted partners in the most popular jurisdictions and financial centers around the world. Our knowledge and expertise enables us to find the most advantageous solutions – even in the most difficult situations.
We can assist you with setting up any type of company (with bank account), or the registering of licenses, in the perfect jurisdiction for you!
What we can offer you:
Top quality formation services in more than 30 jurisdictions worldwide
One-stop-shop solutions tailored to meet and suit your individual requirements
Advice and consultancy on the corporate structures that will suit you better
Highest level of integrity and confidentiality
Wide range of administration and add-on services for the daily operations of your company
Specialist multilingual staff with extensive experience in international tax and corporate planning and administration
Personal approach and fast service at all times
Doing business with us is simple and straightforward. You contact us via the form below, and after a detailed discussion about your needs, we present the best possible solution for you.
If you agree, we take care of all the rest.
Next Step: Starting Your Mauritius Company
Next step is to fill in the form below.
Let us know that you are interested in a Mauritius company. We provide you with a free consultation, and a tailor made solution for your business.
Once you push the “Submit” button, the incorporation of your company starts. Easy as that!
Talk to you soon.