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Mauritius Company. Mauritius Offshore Company. Mauritius Company Formation.

KGN Services specializes in Mauritius Company Formation (GBC I and Authorised Company) and opening bank accounts.

Mauritius Company – Overview

Types of Company for International Trade, Investment & Tax Planning

– New Zealand Limited Liability Company

– New Zealand Limited Partnership

Advantages of Cook Islands Company Formation

Mauritius Company – Overview

Principal Corporate Legislation

The Companies Act 2001, Financial Services Act 2007.

Type of Law

Hybrid.

Language of Legislation and Corporate Documents

English.

Mauritius Companies: Key Aspects

Types of Company for International Trade, Investment & Tax Planning

  • Mauritius Global Business Company I (Tax Resident)
  • Mauritius Authorised Company (Mauritius Offshore Company)

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Why Choose KGN Services?

We’ve been helping business owners since 1996

Incorporating your business is our focus

We make a complex process fast and easy

We work closely with Companies Registries to guarantee our service

Fastest offshore companies & accounts – Most competitive pricing worldwide

Services related Formation of a Mauritius Company / Mauritius Offshore Company

KGN Services provides the following services related formation of a Mauritius Company or Mauritius Offshore Company:

Set Up Your Mauritius Company

What do we usually think of when we hear about Mauritius? A wonderful island with green jungles, white-sandy shores, and a sky-blue ocean. However, it does not end here. Mauritius is not just an island in the Indian Ocean. It is one more land of opportunity for foreign entrepreneurs. If you are not familiar with Mauritius company formation, then here is your chance to learn more.

Two main documents regulate all processes connected with corporate activity in the Republic of Mauritius. They are The Companies Act of 2001 and the Financial Services Act of 2007. It should be mentioned that all legislation and corporate documentation are in English. This means that all procedures are available in one of the most common international languages there are.

If you have decided to set up a Mauritius offshore company, you can do it through Worldwide Incorporation Services. This company has been present in the industry since 1998 and has enormous experience and efficiency rates when it comes to offshore business. You can start making your business dreams come true by opting for a standard package of services. The price starts from $1,190 and will increase if you opt for a package with more features included.

Details to Be Taken into Consideration

Be mindful that there are two main types of company formation that you can set up in Mauritius. Each of them has its own specifications that you have to consider when registering companies in Mauritius.

1. Mauritius Global Business Company

This option means that you have to possess total standard share capital amounting to $1,000,000. However, the minimum share capital is $1. At the same time, a large number of financial activities are prohibited for this type of enterprise. Thus, you cannot carry out banking, insurance, and reinsurance, alongside several other schemes.

On top of that, a company should have at least two directors, and two of them should be residents of Mauritius. There are also some restrictions on the words used in documents and the name of a firm.

2. Mauritius Authorised Company

The share capital requirements stay the same, at $1,000,000, with the same minimum share capital of $1. In addition to the restrictions mentioned above, it should be noted that trade within the island is not permitted.

One more detail to take note of is the number of directors. There should be at least one director. However, he or she does not need to be a resident of Mauritius. And some specific words or phrases must not appear in documents or the name of a company.

As we can conclude, the Republic of Mauritius offers quite favourable conditions for foreign business people. But some restrictions still exist. That is why you should pay attention to them in order to avoid inconveniences when running your Mauritius company registry. When all is considered, the benefits outweigh the disadvantages.

Mauritius – General Information

Location: Southern Africa, island in the Indian Ocean, about 800 km (500 mi) east of Madagascar.

Area: total: 2,040 sq km, land: 2,030 sq km, water: 10 sq km; note: includes Agalega Islands, Cargados Carajos Shoals (Saint Brandon), and Rodrigues. …

Natural resources: Arable land, fish.
Population: 1,356,388 (July 2017 est.).
Capital: Port Louis.

Time Zone: UTC+4.

Languages: Creole 86.5%, Bhojpuri 5.3%, French 4.1%.

Government type: Parliamentary republic.

Legal system: Civil legal system based on French civil law with some elements of English common law.
International organization participation:ACP, AfDB, AOSIS, AU, C, CD, COMESA, CPLP (associate), FAO, G-77, IAEA, IBRD, ICAO, ICC (NGOs), ICCt, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, InOC, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC (NGOs), MIGA, NAM, OIF, OPCW, PCA, SAARC (observer), SADC, UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCO, WFTU (NGOs), WHO, WIPO, WMO, WTO.
 
Economy: The economy currently depends on sugar, tourism, textiles and apparel, and financial services, but is expanding into fish processing, information and communications technology, education, and hospitality and property development. Sugarcane is grown on about 90% of the cultivated land area but sugar makes up only around 3-4% of national GDP. Authorities plan to emphasize services and innovation in the coming years. After several years of slow growth, government policies now seek to stimulate economic growth in five areas: serving as a gateway for international investment into Africa; increasing the use of renewable energy; developing smart cities; growing the ocean economy; and upgrading and modernizing infrastructure, including public transportation, the port, and the airport. Mauritius has attracted more than 32,000 offshore entities, many aimed at commerce in India, South Africa, and China. The offshore sector is vulnerable to changes in the tax framework and authorities have been working on a Financial Services Sector Blueprint to enable Mauritius to transition to a jurisdiction of higher value added. Mauritius’ sound economic policies and prudent banking practices helped mitigate negative effects of the global financial crisis in 2008-09. GDP grew in the 3-4% per year range in 2010-17, and the country continues to expand its trade and investment outreach around the globe.

Currency: Mauritian rupee (MUR).

KGN Services | Mauritius Company (Tax Resident) / Mauritius Offshore Company

Tags: Mauritius Company | Mauritius Company Formation | Mauritius Company Incorporation | Mauritius Company Setup | Offshore Mauritius | Mauritius Company Registration | Mauritius Authorised Company

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