Mauritius Offshore Company
There are two types of companies which can be formed in Mauritius. When establishing a Mauritius offshore company, it is essential you understand which category your business is in so you can address the company requirements Mauritius specifies.
DeltaQuest offers a wealth of knowledge in terms of registering and establishing Mauritius offshore companies. For more information, please visit our Mauritius Company Formation page.
To begin the procedure for establishing an offshore company, complete our Company Application form.
Registering a Mauritius Offshore Company
Mauritius offshore companies operate under the Financial Services Development Act of 2007, which enforces laws governing the establishment of the two types of Mauritius companies;
Global Business Category 1 (GBC1): is a form of offshore company, which enables international business to be conducted in Mauritius, by employees that are not local residents. A GBC1 requires local residents to be the directors of the company as well as having stringent rules in place in order to operate.
Global Business Category 2 (GBC2): is a form of offshore company which is similar to most offshore companies across the globe. It does not require a local resident to be the director; in addition it is exempt from taxes implemented in the Mauritius republic.
Both GBC1 and GBC2 require a minimum of one director and one shareholder in order to operate. The regulations regarding each type of offshore entity are different in regards to taxation, with GBC1 subjected to a 15% income tax and exempt to capital gains tax whereas GBC2 is exempt to all types of taxation.
The minimum capital requirement for GBC1 is US$1 million with a par value for shares, while for a GBC2 company there is no minimum capital requirement. The procedure to establish a GBC1 can take up to 3 weeks whereas the GBC2 only requires 3 working days. This is a result of more stringent regulations for the establishment of a GBC1 in contrast to GBC2.
To establish a Mauritius offshore company, it is advised to seek the assistance of a professional consultancy firm in order to ensure that you are getting the most out of your offshore entity.
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