Mauritius Company Formation

Mauritius Company Formation
  • Secure jurisdiction and highly prominent reputation.
  • Time of Mauritius company formation takes around 3 WEEKS.
  • Personal presence not required

Tax Rates in Mauritius

Corporation Tax in Mauritius: 15%, but tax credits for global business companies mean an effective rate of 3%. There is no tax on income or profits for international companies.

Income Tax in Mauritius:10% on annual net income derived by an individual of up to 650,000 Mauritian rupees (MUR). Net income derived above MUR 650,000 will be taxed at 15%

VAT Tax in Mauritius: 15%

About Mauritius

Country: Republic of Mauritius

Capital: Port Louis

Continent: Africa

Language: Mauritian Creole

Currency: Mauritian rupee (MUR)

Time Zones: UTC+4 (MUT)

Dial Code: +230

Abbreviations: MA

What we can do for your Company in Mauritius

  • We do all paperwork on forming the company in Mauritius
  • Formation is completely remote
  • Can act as Secretary or Treasury
  • Provide nominee Directors/Shareholders
  • Assist with opening a bank account
  • Registration for Taxes, VAT & EORI
  • Develop a website for your business
  • Create a logo of your brand
  • Provide with full company administration services
  • Arrange a mailing address for your business
  • Arrange a virtual office for your company
  • Telephone answering service
  • Book keeping, audit & reporting
  • Preparing and submitting VAT return
  • Dealing with local authority
  • Trademark registration

Mauritius Company Formation. Mauritius Global Business Company II Mauritius Offshore GBC2

Main Characteristics and the basic rules of Company registration in Mauritius.

Are you serious about business expansion and taking the venture to faraway countries is on the agenda? If the answer is yes, you have to be careful about the destination. If expanding operation in a small country with suitable atmosphere for business expansion seems right – choose Mauritius. It is more than a tourist destination and over the last decade Mauritius has become preferred business destination for several entrepreneurs hailing from different countries. The socio-economic developments along with political stable democracy have made it ideal choice for foreign investors.

The role of government of a country is of utmost importance behind attracting foreign investment and entrepreneurs. Thankfully, the Mauritian Government encourages foreign investment and it has unveiled wide ranging incentives for the same. The changes in legal and fiscal framework have also made things rosier for business investors. These factors may make you eager to expand business operations in Mauritius but you may benefit by seeking our Mauritius Company Formation service.

The best thing about starting business in this country is that you do not have to wait for a long time for documentation and formalities. The processing gets done without much delay and it does not take even a week. The investors worried about taxation in a foreign country can relax after selecting Mauritius. Here, the corporate tax is set at 15% and dividends are tax free. Some types of tax exemptions are offered to business in specific niches and no inheritance tax is there. To top it all, Mauritius has non-double taxation agreements made with 33 countries.

Even though it is not a large country, investors can benefit from the well developed infrastructure. The excellent mobile telephone network, high speed web access and free port all are ideal for business expansion. These are helpful for your venture but you may still avail our Mauritius Company Formation service.

The free-market economy of Mauritius ensures there is no capping on transferring dividends, capital to other countries. So, you can transfer profits made in Mauritius by your venture to the company headquarters located in another country. For these factors, businesses belonging to niches like seafood, property development, healthcare, renewable energy, hospitality and agro industries have prospered here in the last decade.

The pro-business govt policies in Mauritius can encourage you to start business here. However, you will gain a lot by seeking Mauritius Company Formation services of BRIS group. Call us today for more information.

Mauritius Company FormationFinancial Advantages
Taxation:Non-resident for tax purposes. Tax-exempt in Mauritius
Double Taxation Treaty Access:Yes Treaty Access with many countries
Mauritius Tax Information Exchange Agreements:Yes, Mauritius signs Exchange Agreements
Account Filing Requirements:Yes accounting / reporting requirements
Annual Return Filing Requirements:Yes annual return/ reporting requirements
Audit Requirements:No Audit required
Mauritius Company FormationRegistration Requirements
Share Capital:US$ 100 000. Min paid US$1 in any currency
Classes of Share Available for Mauritius company formation:Registered shares
Bearer Shares:Not Allowed
Registered Office Required:Yes required and must be maintained in Mauritius
Shareholders:Minimum number is one
Directors:Minimum number is one. Can be any nationality and need not be resident of Mauritius
Your Company language:English
Documents required for Mauritius company formation:A certified copy of your passport or ID and proof of your residential address dated less than 3 months.
Mauritius Company FormationRestriction
For Mauritius company formation you cannot use words in your company names without justification:“Bank”, “Trustee Company”, “Assurance”, “Building Society”, ”Trust Company”, “Royal” etc.
Restrictions on Trading:None
Not permitted without a licence:Fund management, insurance, Banking, reinsurance, assurance, trust management, collective investment schemes, trusteeship business provision.
Mauritius Company FormationConfidentiality and Security
Publicly Accessible Records:No public register of company officers (Directors, Shareholders, Secretary)
Nominee Shareholders and Nominee Directors:Yes, Allowed
Disclosure of Beneficial Ownership to Authorities:No
Meetings of Directors and Shareholders to be held:Anywhere
Stability:Stable jurisdiction and good reputation.
About Mauritius
Capital city:Port Louis
Region:An Indian Ocean island nation, is known for its beaches, lagoons and reefs.
Political System:Democracy
Government:Constitutional Monarchy
Governing corporate legislation:The Companies Act 2001, Financial Services Act 2007.
Type of Law:Hybrid
Currency:Mauritian rupee (MUR)
Exchange Control:None
Language of Legislation and Corporate Documents:English
Time zone:GMT+4

Why Africa?

  • Save tax
  • Protect assets and reduce risk
  • Reduce Costs
  • Maintain privacy
  • To avoid unwarranted bureaucracy
  • Confidentiality and Privacy
  • Africa is rich in opportunities and potential. It is home to seven out of ten of the world’s fastest growing economies.
  • The International Monetary Fund (IMF) is predicting that no continent will grow more strongly over the coming years. With Governments across Africa working to improve the business climate, there has never been a better time to invest.

This publication is provided for information purposes only. This info should not be treated as a substitute for a tax or legal consultation or legislation. You should not act on the basis of the information contained in this publication without having obtained individual advice from the professional expert.

BRIS GROUP does not assume responsibility for any damage resulting from decisions made by the reader on the basis of this publication.

Our team of consultants are here to take you through the process.