If you wish to open your business in Mauritius, there are different possible statuses. Here is a summary of them.

Global Business Company (GBC) :

  • A GBC is an offshore company in Mauritius. It is therefore a foreign company registered in Mauritius whose owner may be resident in Mauritius.
  • The company has little or no economic activity in Mauritius (90% of its activity is carried out outside).
  • It is a status that allows certain advantages in terms of taxes since it avoids double taxation of profits with the company's country of residence.
  • The company will be taxed at 17% on its profits in Mauritius.
  • No withoutolding taxes: if the activity is done outside Mauritius, there will be no withholding of profit by the authorities.
  • A GBC must obligatorily have 2 directors, one of whom must be Mauritian.
  • A GBC must obligatorily be registered by a Management Company (MC): For the incorporation and administration of the company. One of the directors must be part of the MC. The address of the MC shall be the address of the company in Mauritius and the MC shall be the secretary office of the newly registered company.
  • The GBC offers the total anonymity of its shareholders.

An Authorized Company:

  • An Authorized Company is also an Offshore Company in Mauritius. A foreign company registered in Mauritius whose owner is not a resident of Mauritius.
  • The company has little or no economic activity in Mauritius (90% of its activity is carried out outside).
  • The company will be taxed at 17% on its profits in Mauritius.
  • Unlike GBC, there is no need for a local director: the director can be the client and the entire foreign shareholder.
  • The company can do all kinds of services including billing or investment holding (holding shares in another company) but cannot offer financial services like a GBC (not a bank or investment fund).
  • An Authorized Company must also be registered by a Management Company (MC): For the incorporation and administration of the company.
  • There is no need for a secretary office necessarily attached to the Management Company, but only an approved agent.
  • The Authorized Compagnie offers the total anonymity of its shareholders.

Domestic Company:

  • It's not an offshore company in Mauritius.
  • The majority of the activity takes place on the Mauritian territory.
  • Only auditing companies, management companies and authorised agents can register a domestic company.
  • There's not necessarily a need for a management company.
  • It is not necessary to have a secretary office.
  • The activity of the domestic company is taxable at 3% (depending on the sector of activity).
  • The company must obtain a specific licence to operate its business.

For more details, please visit our partner site: https://visamauritius.com/faq/.

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