Situated in the Indian Ocean, approximately 800km off the East Coast of Madagascar, Mauritius is a political and financially stable and mature democracy which has actively sought and welcomed foreign investors and business for many decades. The banking, communications, financial and professional infrastructure is adept at meeting the demands of international business and tax practitioners
Mauritius Global Business Licence (GBC) Companies are resident in Mauritius and consequently subject to tax. However, they benefit from a partial tax exemption where foreign dividend income, foreign interest income are taxed at 3%. Correctly structured and managed Mauritius GBC companies may access Mauritius' network of over 40 double tax avoidance treaties. Neither capital gains nor withholding taxes are levied. Consequently, Mauritius GBC companies are used by tax practitioners and businesses to structure investments into Mauritius' treaty partners, which include South Africa, Namibia, Mozambique, Kenya, India and many more.
Mauritius Authorised Companies are tax exempt, flexible business entities that are regularly utilised for international investment holding, international property holding, international trade, international management and consultancy.
An Authorised Company (AC) is not resident for tax purposes and do not have access to Mauritius' tax treaty network. Beneficial ownership is disclosed to the authorities. The place of effective management must be outside of Mauritius, the activity of the company must be conducted principally outside of Mauritius and must be controlled by a majority of shareholders with beneficial interest being individuals who are not citizens of Mauritius.