Company Formation in Mauritius
Company formation in Mauritius |
We are local consultant of foreign company formation in Mauritius. All business entities are registered under company Act 2001 and Financial Service Act 2007.
Companies are formed by two ways:
- Global Business License (GBC1)
- Global Business License (GBC2)
- As company formation procedure in Mauritius, share holders write a letter to authority where share quantity, value, qualification requirement and etc information are mentioned and declared.
- Besides, passport copy, address verification, resident permit, secretary office etc are required to be mentioned.
Requirement of company formation in Mauritius
Company formation document, form 1, 7, 8, 9 are additional papers to fill up by the secretary and put signed by the directors.
Download Forms: http://companies.govmu.org/English/Companies%20Division/Pages/Downloadable-Forms.aspx
Company registration process in Mauritius
GBC 1 category company formation
Company title is given as: Limited, incorporated, corporation
Business entities are responsible to pay tax of revenue, foreign company's branch office cannot engage into business in Mauritius.
Minimum 1 share holder and one director are require to form a company in Mauritius and secretary shall be appointed by the company
No double taxation is applicable
Authorized capital of US$ 1,000,000.00 where at least two shares will be allocated between directors.
Some companies are restricted for trading in Mauritius, they are banks, insurance, fund management.
Corporation tax rate is low: Zero to Three percent
No liability to submit audit files, yearly.
Company incorporation in Mauritius
GBC 2 company formation in Mauritius
Offshore companies of Mauritius local business are not allowed trading within territory.
Bank, insurance, reinsurance, fund, investment, trust companies are not permission to register company in Mauritius
Hundred percent company holding by foreign ownership is permission by law and no local directors require to meet qualification
One director can hold the company and register business and hold position
Minimum authorized capital id US$ 100,000.00 and one share can be buy by the director and Us$ one can be the least paid up capital.
No return submit and tax submit as well.
Banks of Mauritius
for non resident in Mauritius
Mauritius Commercial Bank
Bramer Bank Mauritius
Bank One Mauritius
HSBC Mauritius
Bank of Baroda Mauritius
Standard Chartered Bank Mauritius
ABC Banking Corporation Mauritius
Indian Ocean International Bank
Habib Bank
Banque des Mascareignes
Barclays Bank
Company formation/ incorporation fees/ cost in Mauritius
GBC1 Fees: US $ 6800
GBC 2 Fees: US$ 1500
No comments:
Post a Comment