| GENERAL INFORMATION | ||
| Entity type | Authorised company | Global Business Corporation |
| Type of law | Hybrid | Hybrid |
| Minimum fees | Licence processing fees (one-off): USD 150 Incorporation fees (one-off): USD 100 Annual FSC fees: USD 350 Annual ROC fees: USD 100 | Licence processing fees (one-off): USD 500 Incorporation fees (one-off): USD 125 Annual FSC fees: USD 1,950 Annual ROC fees: USD 325 |
| Place of effective Management | Control and management outside of Mauritius | In Mauritius |
| Access to double taxation treaty | No | Yes |
| Constitution | Optional | Not mandatory but recommended |
| STATED CAPITAL | ||
| Currencies | Any except MUR | Any except MUR |
| Minimum paid up | USD 1 | USD 1 |
| DIRECTORS | ||
| Minimum required | 1 (can be foreigner or local) | 2 resident directors |
| Corporate director | Allowed | Not Allowed |
| SHAREHOLDERS | ||
| Minimum required | 1 | 1 |
| Local Required | No | No |
| Corporate shareholder | Allowed | Allowed |
| COMPANY SECRETARY | ||
| Minimum required | No – company secretary is optional | 1 – company secretary is mandatory |
| Local required | No | Yes – local and qualified |
| REGISTERED AGENT/REGISTERED OFFICE | ||
| Requirement | In Mauritius | In Mauritius |
| Requirement to file accounts | Yes – financial summary with FSC | Yes – Audited financial statements with FSC |
| Filing of accounts | Within six months of balance sheet date | Within six months of balance sheet date |
| Audit requirement | No | Yes |
| Other filings | Annual tax return with the MRA – not taxable in Mauritius but annual tax return should be filed | Annual tax return with the MRA |
| Change in domicile | Permitted | Permitted |
| GENERAL INFORMATION | ||
| Immovable property | May not hold immovable property in Mauritius | May lease, hold, acquire or dispose of immovable property or any interest in immovable property situated in Mauritius |
| Bank accounts | Not compulsory to open a bank account in Mauritius Bank account in MUR cannot be opened | Yes – principal bank account in Mauritius MUR bank account may be opened |
| Location of meetings | Outside of Mauritius | Mauritius |
| Company records | At registered office in Mauritius | At registered office in Mauritius |
Both GBL and AC offers the highest degree of confidentiality and the choice between the two types will depend on a number of factors including the proposed activities of the company and the geographical area of operation.