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Registration of a company in Mauritius
- Price:from 4 000 EUR
- Term:2-3 weeks
Mauritius is one of the most progressive jurisdictions in the African region. The jurisdiction will be interesting for trade with Middle Asia, China, Africa and for obtaining tax benefits. Despite the fact that Mauritius has reorganized its tax system and brought it to international standards, there are still options for non-residents not to pay local taxes. Moreover, the introduced requirements for substance affected only companies that were created to conduct commercial activities within the country.
This region is attractive for such businesses as: financial services, asset management, securities trading, shipping, international trade, logistics, IT, dealer and brokerage, fundraising.
- identification of the client according to the KYC procedure
- registration procedures
- payment of the registration fee
- services of a legal address for a year
- registered agent services
- provision of the Initial Signer,
- obtaining a Certificate of Registration
- legal and tax advice
- preparation of a package of corporate documents
- one courier delivery
- verification of the company's compliance with all compliance and KYC criteria
- legal support of the company
- payment of the annual registration fee
- registered agent services
- services of a legal address for a year
- legal and tax advice
- 1Mauritius Island offshore providing benefits for non-residents
- 2No taxes on capital gains, distribution of dividends, gift, inheritance and repatriation
- 3AC authorized companies do not pay corporation tax
- 4For GBL licensed companies, a corporate rate of 3% is available for export activities
- 5More than 50 double tax treaties
- 6Dividends paid to non-residents are not subject to taxation
- 7The data of the ultimate beneficiaries are not entered into the Register, and information on directors and shareholders is not publicly disclosed
- 8There are no requirements for the minimum authorized capital and its payment
- 9Non-residents are entitled to 100% corporate ownership
- 10You can open a company in Mauritius without visiting the country
Mauritius has a territorial taxation principle: residents pay corporate tax on worldwide income, non-residents only on income received on the island. If a company does not conduct business within the country, its control and management are fully carried out from abroad, it is exempt from local taxation. Such companies are registered as Authorized Company with the Mauritius Revenue Authority and annually file a zero income declaration.
Resident and licensed companies pay income tax at a rate of 15%. They are also eligible for a reduced tax rate if export activities are carried out - 3%.
VASP companies (exchange, transfer, storage and administration of virtual assets) licensed in Mauritius can claim an 80% exemption from income tax, provided that the substance requirements are met (real presence and economic activity in Mauritius are required).
- From July 1, 2025 to June 30, 2028, Mauritius will impose a “fair contribution” on companies with an annual taxable income of more than MUR 24 million:
- - 5% of income for companies with a standard tax rate of 15%;
- - 2% for companies with a reduced rate of 3%;
- - 5% for banks on income, including operations with non-residents and global business companies. For banks, there is an additional “fair contribution” of 2.5% of income from domestic operations (excluding international and GBL operations).
An exception to the payment of fair contribution is made for companies with a Global Business License (GBL form) and those that benefit from tax holidays or are exempt from income tax.
Dividends distributed to non-residents are not subject to tax, and interest and royalties can be optimized through the use of bilateral tax treaties.
The threshold for mandatory VAT registration in Mauritius is MUR 3 million.
You can create a company in Mauritius in several organizational and legal forms: a limited liability company, an authorized company, a partnership, an international licensed company, a branch, a foundation, a trust, an enterprise in the Free Economic Zone.
To optimize the tax burden, non-residents use an Authorized Company (AC), which actually uses an offshore mechanism and is completely exempt from local taxation if activities and control are carried out outside the island. Most often, this type of company is used for international trade, investment or as a holding company.
Non-residents who want to have the right to do business on the island, enter into transactions and contracts with residents, should consider an internationally licensed company (GBL).
- Capital - the minimum amount is not set, from 1 USD.
- Shareholder - a private or corporate person of any residency. The registration procedure requires 1 shareholder.
- Director - a private or corporate person of any residency. At least 1 director must be appointed.
- Secretary - the legislator does not require, the appointment is optional.
- Register of beneficiaries - there is no register in Mauritius, all information about the owners is confidential.
- Available information - about the name, legal address, the amount of the authorized capital. Information about shareholders and directors is kept in a closed register and is not publicly available.
- Substance requirements - do not apply, management and control is carried out outside the jurisdiction.
- Legal address - must be located on the territory of the island.
- Registered Agent – Mandatory, a local agent maintains and stores all company documentation.
- Capital - the minimum amount is not set, from 1 USD.
- Shareholder - a private or corporate person of any residency. The registration procedure requires 1 shareholder.
- Director - at least one private or corporate person resident in Mauritius. It is recommended to appoint 2 resident directors to enjoy tax benefits. We provide support in corporate management to comply with local legal requirements.
- Secretary - a private person, residence can be any, but a local secretary is recommended.
- Register of beneficiaries - there is no register in Mauritius, all information about the owners is confidential.
- Available information - about the name, legal address, the amount of the authorized capital. Information about shareholders and directors is kept in a closed register and is not publicly available.
- Substance requirements - real office, local employees, resident directors, bank account on the island.
- Legal address - must be located in the territory of the jurisdiction, where all accounting and internal documentation of the company will be stored.
- Registered agent – mandatory.
- License - the company receives a business license (Global Business) to conduct business.
Reporting requirements vary depending on the form of the company.
AC companies that do not pay corporation tax must file a zero tax return annually as evidence of no activity in Mauritius. In addition, authorized companies prepare and submit an annual financial summary (abbreviated balance sheet) to the tax authorities. There are no audit requirements.
GBL companies, in turn, will introduce activities on the island, so they are required to file an annual tax return along with a full financial statement, as well as undergo an audit.
- 3 desired company names;
- description of directions of work of the future company;
- national and foreign passports of all shareholders and directors;
- confirmation of the address of registration of the shareholder (for example, a utility bill receipt);
- confirmation of the director's registration address (eg utility bill);
- CV-resume for shareholder and director.