In accordance with the most recent World Economic Forum (WEF) global competitiveness report which states that Mauritius has overtaken South Africa as the most competitive economy (both in the Southern Africa region as well as Africa as a whole), Mauritius is quickly becoming one of the most popular jurisdictions for business and investments.
As a jurisdiction the island is politically and financially stable with an extensive range of Double Taxation Agreements and most importantly, is not considered a tax haven location and is not on any blacklists.
Non-residents have the opportunity to set-up a corporate structure in Mauritius by incorporation any of the following types of companies:
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Trusts
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Global Business Company (category 1 licence) GBC 1
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Global Business Company (category 2 licence) GBC 2
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Protected Cell Companies (PCC)
The most commonly used are the GBC 1 and GBC2, with their main features being:
Global Business Company - Category 1:
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Used for trading or investment holding
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Access to double tax treaties network
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Income tax rate of 3% on foreign income
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No capital gains tax
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No withholding tax
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No tax on dividends
Global Business Company – Category 2:
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Ideal for trading of management of private assets
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Not authorised to provide financial services
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No access to the double tax treaties network
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Is also tax exempt
If you are interested in setting up any type of corporate structure in Mauritius feel free to contact us at
info@internetincorporate.com for a complimentary consultation with no obligations.
Source: Cobus Group, 19th November 2015
More information:
Are you interested in setting up a tax efficient offshore company? Visit our
Offshore Company Formation page.
One of the more popular offshore banks at the moment. Discover more about
ABC Bank in Mauritius.