Why Choose Mauritius
When starting a business?

The Republic of Mauritius is an island nation off the southeast coast of the African continent in the southwest Indian Ocean.

Mauritius, with an area is 2040 km2 and Port Louis as the capital, is a member of the Southern African Development Community, the Common Market for Eastern and Southern Africa, the African Union, La Francophonie and the Commonwealth of Nations.

Since independence in 1968 from the UK, Mauritius has developed from a low-income, agriculturally based economy to a middle income diversified economy with growing industrial, financial, and tourist sectors. Nowadays, Mauritius has an upper middle income economy.

Forming a company in Mauritius is a simple, straightforward process regardless of whether you choose a GBC1 Company (a Resident Company) or a GBC2 (an Offshore Company). If correctly structured a Mauritius Company is an efficient, low-cost, legally tax efficient entity in which to conduct business. There are a number of benefits attached to incorporating a GBC1 and GBC2 company in Mauritius.

GBC2 Companies are private entities that conduct business outside Mauritius; a GBC2 Company is not allowed to conduct business in Mauritius. Confidentiality is a major benefit to a GBC2 and the identity of the beneficial owner can remain largely confidential. A GBC2 is a good structure for holding and managing private assets.

Due to the fact that Mauritius has double taxation treaties with many countries, those who wish to invest in any one of those countries can make use of a GBC2 through which to invest and then remit all investment profits made back to Mauritius and legally avoid at least the majority of withholding tax.

Mauritius GBC2 Benefits

– Anonymity;
– Highest level of privacy protection;
– Company formation procedure in Mauritius typically takes 1 week;
– The GBC 2 must have at least one director, which can either be an individual or a corporation. Directors can be of any nationality or residence;
– A minimum of one shareholder is required, who may be an individual or a corporate body;
– No minimum capital is required. Shares may be issued with or without par value and in any currency as permitted by the Memorandum of Association and Articles of Association;
– No accounting or reporting requirements;
– Business can be conducted internationally;
– Legal tax exemption for GBC2 Companies, but no access to the Mauritian Double Taxation Treaty allowed;
– No Withholding Tax on dividends;
– No Capital Gains Tax;
– No Stamp Duty on transfer of shares;
– Free repatriation of earnings;
– Migration from a foreign company to/from Mauritius is permitted;
– Shareholders and Directors meetings internationally allowed;

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