Mauritius-Authorized Company

You and I know Mauritius as a popular tourist destination; today, you will learn that it is also a thriving business hub.

This place is often on the radar of entrepreneurs and investors looking to set up offshore companies.

Mauritius combines almost all the characteristics of an ideal offshore location.

It’s an independent, sovereign state with a robust economy. It is politically stable and equipped with state-of-the-art telecommunication technologies. The country has a dynamic banking system, with only internationally renowned banks operating in an exchange-control-free environment.

Mauritius has an expanding network of double taxation, which allows for efficient tax planning. As a business owner, you’re not privy to the idea of how important this is.

What is a Mauritius-authorized company?

Forming an authorized company in Mauritius, formerly known as GBCIO, is a simple, straightforward process if correctly structured.

A Mauritius-authorized company is an efficient, low-cost, legally tax-efficient entity in which to conduct business. There are several benefits attached to incorporating an authorized company in Mauritius. Authorized companies are private entities that conduct business outside Mauritius. An authorized company is not allowed to conduct business in Mauritius. An authorized company is an excellent structure for international trade.

Mauritius Offshore Company Benefits

Here are some of the top advantages of a Mauritius offshore company formation:

1. Legal tax exemption is available for authorized companies, but access to the Mauritian Double taxation treaties is not permitted.
2. 1. No withholding tax on dividends.
3. 2. Business can be conducted internationally.
4. 3. Migration from a foreign company to Mauritius is permitted.
5. 4. No capital gains tax.
6. 5. No stamp duty on the transfer of shares.
7. 6. Highest level of privacy protection.
8. 7. No minimum capital is required.
9. 8. 100% repatriation of the taxes.
10. 9. Fast and simple setup process.

The company formation procedure in Mauritius typically takes one week. These are the requirements you need to take care of before applying for your company formation:

• 1. The authorized company must have at least one director, who can either be an individual or a corporation.
• 2. Directors can be of any nationality or residence.
• 3. A minimum of one shareholder is required, who may be an individual or a corporate body.
• 4. Shareholders and directors' meetings internationally allowed.
• Mauritius is heaven for tourists and businesspeople as well.

I hope that this article has opened up your mind to a new side.

Did you know that Mauritius is popular for business as well?

I am working with startups, SMEs, and professional intermediaries to set up their businesses and branch offices in offshore destinations.