Mauritius Offshore Company

About Mauritius

Mauritius is located in the Southwest Indian Ocean on the coast of Africa. The official language spoken in Mauritius is English.

Mauritius is a well respectable offshore jurisdiction for incorporation. Corporate law in Mauritius is modeled on the advanced English legal system.  Mauritius has exceptional offshore services, such as offshore banking, insurance, registration of ships and vessels, investment fund management and the incorporation of Mauritius Global Business Companies and offshore companies.

The jurisdiction provides confidentiality and privacy for both individuals and corporations and has laws which allow flexibility in international business activities.

A Mauritius offshore company cannot do any business in Mauritius and consequently is not required to pay any local taxes. Since this type of company does not conduct business in Mauritius, its foreign earnings are not taxed locally.

Benefits of Setting up an Offshore Business in Mauritius

  • High degree of privacy protection (through the allowance of nominee directors and shareholders)
  • Mauritius company formation permits 100% foreign ownership (no local nominee is required)
  • Minimum one Director and one Shareholder
  • Legal tax exemption for offshore companies
  • No accounting auditing requirements
  • Limited liability without any paid up capital (no minimum capital required)
  • No withholding tax on dividends
  • No capital gains tax
  • No stamp duty on transfer of shares
  • Allowed repatriation of all earnings
  • Migration from a foreign company to/from Mauritius is permitted
  • Shareholders and Directors can meet anywhere

Key Corporate Features

Type of Company GBC I
Type of Law Hybrid
Shelf company availability No
Time to establish a new company 16 days
Minimum government fees (excluding taxation) US$1,750 to FSC and US$350 to ROC
Corporate Taxation Varies from 0% to 3%
Double Taxation Treaty Access Yes
Share capital or equivalent
Standard currency US$
Permitted currencies Any except Rs.
Minimum paid up US$1
Usual authorised US$1,000,000
Minimum number Two
Local required 2 required
Publicly accessible records No
Location of meetings Anywhere, but include at least 2 directors from Mauritius
Minimum number One
Publicly accessible records No
Location of meetings Mauritius - by proxy
Company Secretary
Required Yes
Local or qualified Local and qualified
Requirements to prepare Yes
Audit requirements Yes
Requirements to file accounts Yes
Publicly accessible accounts No
Recurring Government Costs
Minimum Annual Tax / Licence Fee US$1,750
Annual Return Filing Fee US$220
Requirement to file annual return No
Change in domicile permitted Yes

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