Forming a Mauritius Company
- Incorporation time: 2 days
- Shelf companies: No
- Accounting: No
- Secretary: No
- Nominee Shareholder: Yes
- Nominee director: Yes
History of Mauritius
Mauritius is an island in the Indian Ocean. It is a former British Colony which gained independence in 1968 and has since grown its financial services industry. It now has approximately 1,200,000 inhabitants. Once mostly focused on agriculture, Mauritius has managed to evolve its secondary and tertiary sectors thereby increasing its wealth and that of its inhabitants.
Mauritius as an Offshore Centre
Ranked in first place in terms of economic development in 2008 by the World Bank, Mauritius is an offshore solution with a very favourable tax system and a good reputation. The main form of offshore company is the Global Business Company and companies in Mauritius are guaranteed zero taxation and high-quality banking secrecy.
Mauritius is an excellent jurisdiction for a stable offshore base outside Europe and is the perfect location for doing business with Africa. The country offers a good quality bank sector and banking secrecy is reliable.
Types of Mauritius Companies
There are two types of companies in Mauritius: GBL1 onshore companies (Global Business License, 1-15% tax) and GBL2 offshore companies (Global Business license 0% taxation).
Company formation in Mauritius requirements are handled by a local agent who drafts the necessary paperwork and handles the incorporation process. In addition a local lawyer must also confirm that local conditions for formation have been met.
For more information on the different types of companies in Mauritius see our GBL1 / GBL2 page.