Snapshot of Mauritius


For GBC1 and GBC2

Overview
Population: 1.2 million
Currency: Mauritian Rupee (Rs.)
Language: English and French
Time zone: GMT plus 4
Centre’s expertise: All round centre with no distinction between onshore and offshore; many tax treaties

General requirements
Types of entities

Global business licence 1 (GBC1)

Global business licence 2 (GBC2)
Type of law Companies Act 2001 Companies Act 2001
Shelf company available No Yes
Time to establish a new company 14 days 3 days
Taxation 3% effective tax rate Exempt
Double taxation agreements Yes None
Forex restrictions

 None None
Language & name restrictions on companies No (provided English translation confirmed by an approved translator)

Share capital
Permitted currencies All major currencies All major currencies
Minimum paid up 1 Share 1 Share
Usual authorised capital Stated Capital concept – No Authorised Share Capital

Directors and personnel
Minimum number 2 1
Local required Yes No
Company secretary & qualifications Yes No

Shareholders
Minimum number 1
Publicly accessible records No

AGM
Minimum number 1 1
Disclosure requirements Yes Yes
Publicly accessible records No No
Obligations for annual meetings Yes Yes
Location of AGM No restriction No restriction

Accounts
Requirement to prepare Yes No
Audit requirements Yes No
Account filing obligations Yes No
Publicly accessible accounts No No

Other
Requirements to file annual return No No
Change in domicile permitted Yes Yes
Need to registered office Yes Yes
Number of companies set up 431 (2004) 1,728 (2004)
Total number of companies on register 7,791 18,340
Ready to Proceed? Just drop us an email at info@rikvinint.com or submit your queries online to discuss your requirements in detail. When you contact Rikvin, you can always expect your query to be responded to within 12 hours (but generally within an hour).