Mauritius Authorised Company
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30+ Years Of Experience
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50+ Team Members
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7500+ Happy Customer
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10,000+ Companies Formed (in UAE and worldwide)
Mauritius Authorised Company
SYNOPSIS
Mauritius is a sub-tropical volcanic island situated in the Indian Ocean, approximately 2400 kilometres off the South East Coast of Africa and covers an area of 1,865 square kilometres. The population of the island is approximately 1.1 million comprising of people of Indian, African, European and Chinese origin. Due to its past history as a colony of both France and Britain, this population is largely bilingual in English and French. The official language is English while “Creole” is widely spoken in the island.
The Republic of Mauritius is a Westminster style democracy headed by an appointed President. The President is the Head of State and Commander in Chief. The sixty members of Parliament are elected every five years by popular vote. Parliament is the legislative authority in Mauritius and is headed by the Prime Minister who is the Head of Government.
Mauritius is one of the few countries with a hybrid legal system based on English and French law. The procedural law both in criminal and civil litigation is mainly English whilst the substantial law is mainly based on the French Napoleonic code. The Company Law is modeled on the English law. The highest court of appeal is the Privy Council in England.
Mauritius Authorized Company
The GBC2 regime has been phased out and replaced by the “Authorised Company” regime. The following rules were issued by the FSC on 27 September 2018 and came into force 1st of October 2018.
An Authorised Company applies where the shares or voting rights or the legal or beneficial interest in a company incorporated under the Companies Act are held or controlled, as the case may be, by a person who is not a citizen of Mauritius and such company-
(a) Proposes to conduct or conducts business principally outside Mauritius; and
(b) Has its place of effective management outside Mauritius
Common uses of a Mauritius Authorized Company:
- Suitable as vehicle for holding and managing private assets
- Investment Holdings
- Trading and consultancy activities
- Ideal for one off projects
Features of Mauritius Authorised Companies
Can end with “Limited, Ltd , Corporation”
- Minimum: 1
- Residency Requirements: None
- Corporate Shareholder: Permitted
- Minimum: 1 USD or any equivalent in other currency
- Currency: AED, USD, GBP etc.
- Minimum: 1
- Residency Requirements: None
- Corporate Director: Permitted
- Minimum: 1
- Residency Requirements: None
Details of Beneficial Ownership are not available to the public records
Yes, Company must appoint an approved local registered agent.
Required
Not Required
Yes, annual financial summary in a set template
Yes, filing of annual return income within 6 months of its financial year end
No, authorised companies cannot avail of tax treaty benefits
Tax exempt in Mauritius
Foreign companies being manage and control in the UAE are subject to UAE Corporate Tax and required to register within 3 months from date of incorporation.
Approx 10 business days
Due every 30th of June irrespective of date of incorporation
Allowed
Documents Required for a Mauritius Authorised Company Set Up
KYC Documents for individual Director/Shareholder:
- Passport – original to be verified personally in our office, otherwise client can provide an original notarized copy of the passport
- Proof of address (in the form of utility bill, dated less than 3 months)
- Bank reference (dated less than 3 months with satisfactory record clearly mentioned and also the time period the client has been dealing with the bank: minimum of 2 yrs)
- Detailed CV
- Professional reference letter (can be issued by Lawyer or Certified Public Accountant)
- Dully filled FATCA Form
- Notarized US Declaration (if a US Person)
KYC for Corporate Director/Shareholder:
- Certificate of Incorporation
- Registered address and place of business
- Certificate of Current Standing if incorporated more than 1 year
- Register of Directors
- Register of Shareholders
- Memorandum & Articles of Association
- All documents of the corporate entity must be certified by a Lawyer or Certified Public Accountant
Mauritius Authorized Company cost
The Mauritius Authorised Company setup cost starts from USD 4,575/-
Global Business Services FZCO has helped many individuals and corporate entities to set up a Mauritius Authorized Company. Our Company acts as a one stop solution for Mauritius Authorized Company incorporation services.
If you are looking for Mauritius Authorized Company set up, please get in touch with us for professional assistance.
Why Choose GBS for Company Formation Services in UAE?
Understanding Clients’ Needs
As the best business setup consultancy firm in UAE, our team provides thorough analysis of client requirements and offers a personalized approach tailored to meet each client's needs.
Flexible Pricing & Cost Transparency
For company formation service in UAE, we offer flexible pricing and cost transparency with top of the line multiple payment options, including online payments and bank transfers
Years of Expertise
Global Business Services FZCO holds years of expertise while offering unmatched guidance and support when starting your new venture.
Work Track Record
As a prominent business advisor and consultant, GBS boasts a world-class track record, successfully supporting many firms across various industries.
Client words
Hear what our satisfied clients have to say about their successful journeys with us.
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10,000+
Companies formed
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100%
client satisfaction
I had a fantastic experience with the Global Business Services FZCO. their team was knowledgeable, professional, and efficient. they guided me through the entire process of establishing my business. I highly recommend their services to anyone looking to set up a business in Dubai.
I hired Global Business Services for my online store in Dubai Free Zone. They quickly handled everything from visas to paperwork. Great experience overall.
I’m happy to choose Global Business Services FZCO for their outstanding business setup services in UAE. Their professional team guided me through each stage, answering all my questions quickly and clearly. Their personalized approach made me feel well taken care of.
