Mauritius Incorporation -

MAURITIUS INCORPORATION

Mauritius company. Mauritius Offshore Company. Mauritius Incorporation.

KGN Services specializes in Mauritius Company Formation (GBC I and Authorized Company) and opening of bank accounts.

Mauritius Company – Overview

Business types for international trade, investment and tax planning

– New Zealand Limited Liability Company

– New Zealand Limited Partnership

Advantages of Cook Islands Company Formation

Exemption from all local taxes and stamp duty
Maximum confidentiality and anonymity
Easy operation, maintenance and control
Active security
No information or minimum capital requirement
The minimum number of shareholders is one
The minimum number of directors is one
Company directors and shareholders are permitted
Excellent and flexible follow-up services after incorporation
No statutory requirement to hold annual general meetings

Mauritius Company – Overview

Main company legislation

Companies Act 2001, Financial Services Act 2007.

Type of law

Hybrid.

Legislative language and corporate documents

English.

Mauritius Companies: Key Aspects

Business types for international trade, investment and tax planning

Mauritius Global Business Company I (tax resident)
Mauritius Authorized Company (Mauritius Offshore Company)

GBC I (tax resident)
Authorized company (offshore company)
GBC I (tax resident)

Mauritius GBC I – Mauritius tax resident

Share capital

Standard authorized share capital is $1,000,000. Minimum paid-up share capital is US$1.

Available share classes

registered shares, preference shares, redeemable shares and shares with or without voting rights.

Bearer shares

Not allowed.

Restrictions on trade

Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship are not permitted.

Registered domicile required

Every Mauritius company must have a registered agent and registered office in Mauritius, provided by a licensed service provider.

Directors

A Mauritius company requires at least two directors. Director can be of any nationality and need not be resident, but at least two directors must be resident in Mauritius.

Shareholders

A Mauritius company requires at least one shareholder.

Publicly available records

None.

Nominee shareholders and nominee directors

Allowed.

Location of board and shareholder meetings

Everywhere.

Personal presence required

None.

Taxation

0-3%.

Access to double taxation

Belgium, Botswana, China, Croatia, Cyprus, France, Germany, India, Italy, Kuwait, Luxembourg, Madagascar, Malaysia, Mozambique, Namibia, Nepal, Oman, Pakistan, Rwanda, Singapore, South Africa, Sri Lanka, Swaziland, Sweden, Thailand , Uganda, Great Britain, Zimbabwe.

Requirements for registration of accounts

Yes.

Requirement to submit an annual statement

None.

Revision requirements

None.

Exchange control

None.

The language of the name

English.

Limited Words

Words like “Assurance”, “Bank”, “Building Society”, “Royal”, “Trust Company”, “Trustee Company”, etc. will require justification.

Name of a company

The words “Limited”, “Corporation”, “Incorporated”, “Public Limited Company”, “Societe Anonyme”, “Sociedad Anonima” or Ltd, Corp., Inc., PLC, SA must be part of the name of any Mauritius Company .

Time to incorporate

Three to four weeks.

Mauritius GBC I Company incorporation fees

Authorized company (offshore company)

Mauritius authorized company (offshore company)

Share capital

Standard authorized share capital is $1,000,000. Minimum paid-up share capital is US$1.

Available share classes

registered shares, preference shares, redeemable shares and shares with or without voting rights.

Bearer shares

Not allowed.

Restrictions on trade

A Mauritius Offshore company cannot trade within Mauritius. Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship are not permitted.

Registered domicile required

Every Mauritius Offshore Company must have a registered agent and registered office in Mauritius, provided by a licensed service provider.

Directors

A Mauritius Offshore company requires at least one director. The director may be of any nationality and need not be resident in Mauritius. Company directors are allowed.

Shareholders

A Mauritius Offshore company requires at least one shareholder.

Publicly available records

None.

Nominee shareholders and nominee directors

Allowed.

Location of board and shareholder meetings

Everywhere.

Personal presence required

None.

Taxation

Zero.

Access to double taxation

None.

Requirements for registration of accounts

Yes.

Requirement to submit an annual statement

None.

Revision requirements

None.

means of payment

Mauritian rupee (MUR).

Exchange control

None.

The language of the name

English.

Limited Words

Words like “Assurance”, “Bank”, “Building Society”, “Royal”, “Trust Company”, “Trustee Company”, etc. will require justification.

Name of a company

The words “Limited”, “Corporation”, “Incorporated”, “Public Limited Company”, “Societe Anonyme”, “Sociedad Anonima” or Ltd, Corp., Inc., PLC, SA must be part of the name of all Mauritius offshore company.

Time to incorporate

Three days.

___________________________________________________________________________________________________

Mauritius Authorized Company Incorporation Fees

Mauritius Authorized Company Formation Package includes:

Company Name Check
Initial business approval
Preparation of application documents
Business registration fee
Registered office address for 1 year
Registered agent services for 1 year
State registration fee
Certificate of registration
Memorandum and Articles of Association
Minutes of the first meeting on the appointment of the director(s).
Register of shareholders
Register of board members

From: $1190

Do you have questions? Need advice?

Send an inquiry or request a confidential call back or chat with us.

MAKE AN INQUIRY

REQUEST A RECALL

Why choose KGN Services?

We have been helping business owners since 1996

Our focus is to incorporate your business

We make a complex process quick and easy

We work closely with the company registers to guarantee our service

Fastest offshore companies and accounts – The most competitive rates worldwide

Services related Formation of a Mauritius Company / Mauritius Offshore Company

KGN Services provides the following services related to the formation of a Mauritius company or a Mauritius offshore company:

Mauritius company formation
Mauritius Offshore Company foundation
Registered office and agent services in Mauritius
The company’s secretarial service
Nominated shareholder / Nominated director
Opening bank accounts in Mauritius
Full business administration
Postal address in Mauritius
Virtual office in Mauritius
Trademark registration
Yacht registration

Create your Mauritius company

What do we usually think of when we hear about Mauritius? A wonderful island with green jungles, white sandy shores and a sky blue sea. However, it does not end here. Mauritius is not just an island in the Indian Ocean. It is another country with opportunities for foreign entrepreneurs. If you are not familiar with Mauritius company formation, here is your chance to learn more.

Two main documents regulate all processes associated with corporate activity in the Republic of Mauritius. They are the Companies Act of 2001 and the Financial Services Act of 2007. It should be mentioned that all legislation and company documentation is in English. This means that all procedures are available in one of the most common international languages available.

If you have decided to set up a Mauritius offshore company, you can do so through Worldwide Incorporation Services. This company has been present in the industry since 1998 and has vast experience and efficiency levels when it comes to offshore business. You can start making your business dreams come true by choosing a standard package of services. Pricing starts at $1,190 and will increase if you choose a package with more features included.

Details to consider

Please note that there are two main types of company formation that you can set up in Mauritius. Each of them has its own specifications that you need to consider when registering companies in Mauritius.

1. Mauritius Global Business Company

This option means that you must hold a total standard share capital of $1,000,000. However, the minimum share capital is $1. At the same time, a large number of financial activities are prohibited for this type of company. Thus, you cannot carry out banking, insurance and reinsurance alongside several other schemes.

In addition, a company must have at least two directors, two of whom must be resident in Mauritius. There are also some restrictions on the words used in documents and the name of a company.

2. Mauritius Authorized Company

The share capital requirements remain the same at $1,000,000, with the same minimum share capital of $1. In addition to the restrictions mentioned above, it should be noted that trade within the island is not allowed.

A further detail to note is the number of directors. There must be at least one director. However, he or she need not be resident in Mauritius. And some specific words or phrases must not appear in documents or the name of a company.

As we can conclude, the Republic of Mauritius offers quite favorable conditions for foreign businessmen. But some restrictions still exist. Therefore, you should pay attention to them to avoid any inconvenience when running your Mauritius company registry. All things considered, the pros outweigh the cons.

Mauritius – General information

Location: Southern Africa, island in the Indian Ocean, about 800 km (500 mi) east of Madagascar.

Area: total: 2,040 km2, land: 2,030 km2, water: 10 km2; note: includes Agalega Islands, Cargados Carajos Shoals (Saint Brandon) and Rodrigues. …

Read more
Natural resources : Arable land, fish.
Population: 1,356,388 (July 2017 est.).
Capital: Port Louis.

Time zone: UTC+4.

Languages: Creole 86.5%, Bhojpuri 5.3%, French 4.1%.

Government Type: Parliamentary Republic.

Legal system : Civil law system based on French civil law with some elements of English common law.
Participation in international organisations:ACP, AfDB, AOSIS, AU, C, CD, COMESA, CPLP (Associate), FAO, G-77, IAEA, IBRD, ICAO, ICC (NGOs), ICCt, ICRM, IDA, IFAD, IFC, IFRCS , IHO , ILO, IMF, IMO, IMSO, InOC, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC (NGOs), MIGA, NAM, OIF, OPCW, PCA, SAARC (Observer), SADC , UN, UNCTAD , UNESCO, UNIDO, UNWTO, UPU, WCO, WFTU (NGOs), WHO, WIPO, WMO, WTO.

Economy : The economy currently relies on sugar, tourism, textiles and clothing, and financial services, but is expanding into fish processing, information and communication technology, education and hospitality, and real estate development. Sugarcane is grown on about 90% of the cultivated area, but sugar accounts for only about 3-4% of the national GDP. The authorities plan to emphasize services and innovation in the coming years. After several years of slow growth, government policies now seek to stimulate economic growth in five areas: serving as a gateway for international investment in Africa; increase the use of renewable energy; development of smart cities; growth of the marine economy; and upgrading and modernizing infrastructure, including public transport, the port and the airport. Mauritius has attracted more than 32,000 offshore entities, many targeting trade in India, South Africa and China. The offshore sector is vulnerable to changes in the tax framework and the authorities have been working on a Financial Services Sector Blueprint to enable Mauritius to transition to a higher value added jurisdiction. Mauritius’ sound economic policies and prudent banking practices helped mitigate negative effects of the 2008-09 global financial crisis. GDP grew in the range of 3-4% per year in 2010-17 and the country continues to expand its trade and investment around the world.

Currency: Mauritian rupee (MUR).

KGN Services | Mauritius Company (tax resident) / Mauritius Offshore Company

[hfe_template id=”8354″]

Requirement to submit an annual statement