Register a Company in Mauritius
Registering a company in Mauritius is a streamlined process with the right guidance. With Block3 Finance by your side, you can focus on growing your business while we handle the intricacies of Mauritius company registration.
Our team of experts will ensure that your new business is operational within the required timeframe, offering you a smooth experience through every step of the process.
Our Service Package Includes
Mauritius company formation with the Companies and Business Registration Integrated System (CBRIS)
Company secretary, registered local address, and nominee director services
Opening of a corporate bank account
Annual filing and tax services
Timeline to Register a Company in Mauritius
The company registration process in Mauritius with Block3 Finance takes approximately 2 weeks after receiving the required due diligence documents from the directors and shareholders. Once registration is complete, we assist with opening a corporate bank account, which typically takes 4 weeks.
You can expect to be fully operational and able to issue invoices within 6 weeks of engaging Block3 Finance.
How Do I Register a Company in Mauritius?
1. Choose the Right Business Entity: Before initiating the company registration process, Block3 Finance will assess your business needs to recommend the best business entity for your operations. We will conduct a Mauritius business entity search to ensure the most suitable option for your business goals.
2. Reservation of Business Name: We will check the availability of your preferred company name and reserve it with the Registrar of Companies in Mauritius.
3. Meet the Requirements: You will need to provide the following documents to proceed with the registration:
Personal information of stakeholders
Bank statements, financial statements, and more
Certificate of Incorporation and Constitution of the company
Proof of registered office address
If the original documents cannot be submitted, copies must be notarized
4. Registration Process: Our legal team will prepare all necessary documents, including the incorporation forms. Once the documents are ready, we will submit them to the Mauritius Registrar of Companies. You won’t need to travel for this process, as we will manage everything on your behalf.
Once registration is complete, we will send you the official documents, including your Certificate of Incorporation, Articles of Association, and Business Registration Card.
6. Corporate Bank Account Opening: After registration, we will assist you in opening a corporate bank account with a reputable bank in Mauritius. This ensures that your company is fully operational, with the necessary financial infrastructure in place.
Types of Offshore Companies in Mauritius
There are two main types of offshore entities you can register in Mauritius: Global Business Corporation (GBC) and Mauritius Authorized Company (MAC).
Global Business Corporation (GBC): Ideal for businesses conducting financial services, the GBC is licensed by the Financial Services Commission (FSC). Companies must meet certain substance requirements, including:
Two local resident directors
One shareholder
Corporate bank account in Mauritius
Accounting records kept in Mauritius
Annual audited financial statements
For qualifying GBCs, an 80% tax exemption is available on certain types of income, including foreign dividends and interest income.
Mauritius Authorized Company (MAC): MACs are best suited for businesses engaged in international trade, investment holding, and intellectual property ownership. These companies are exempt from corporate tax and only need to file an annual return with the Mauritius Revenue Authority (MRA).
Advantages of Setting Up a Company in Mauritius
Political: Mauritius has a stable political environment, with a relatively low level of corruption and a robust legal system. Its democratic government fosters transparency, making it an attractive location for investors.
Economic: Ranked 13th globally for ease of doing business, Mauritius has a favorable tax regime. Companies in Mauritius can benefit from an 80% tax exemption on certain types of income, making it an ideal destination for international business operations.
Technological: Mauritius is increasingly becoming a hub for technology and innovation, with strong broadband infrastructure and a government-backed initiative to develop the FinTech sector.
Legal: Mauritius has a strong legal framework that protects the interests of foreign investors. The country has business-friendly policies, including a range of double taxation treaties with over 50 countries.
Accounting and Tax Considerations
Mauritius offers a 15% corporate tax rate, but businesses can benefit from tax exemptions depending on their activities. Companies are required to file annual tax returns, and the government encourages compliance through an 80% tax exemption for certain activities.
For businesses conducting financial services, such as a Global Business Corporation (GBC), the tax structure is favorable, offering substantial tax relief. Block3 Finance will ensure that your company remains compliant with all local tax laws and regulatory requirements.
Why Register a Company in Mauritius?
Low Tax Rates: Mauritius offers an 80% tax exemption on foreign-sourced income for qualifying companies.
Stability: A democratic government and robust legal system make Mauritius an attractive destination for business.
Confidentiality: Company registers are not publicly accessible, providing a high level of confidentiality for beneficial owners.
Free Trade Agreements: Mauritius has signed numerous agreements, offering access to markets across Asia, Africa, and the Middle East.
Cost to Set Up a Company in Mauritius
The cost of registering a company in Mauritius with Block3 Finance varies depending on the services required. Our team will provide a detailed breakdown of all associated costs, including registration fees, bank account setup, and other necessary services.
Contact us to register Your company in Mauritius
Block3 Finance offers comprehensive support to help you register your company in Mauritius and ensure that all regulatory requirements are met. Reach out to our team today to get started, and we will get back to you within 24 hours.
