Mauritius is strategically located in the Indian Ocean, where it has a favourable time zone (GMT +4). Mauritius possesses a long history of free enterprise. Politically, Mauritius has long been following the tradition of democratically electing government officials and has thus enjoyed political stability for decades. Comprehensive legislation was introduced to pave the way for non-banking offshore activities, following the set up of the first offshore bank in August 1989. The Offshore Authority was set up in November 1992. This played a crucial role in establishing and developing the offshore sector at large. The Authority has adopted a professional and pragmatic regulatory approach by continuously improving on its services and guiding operators as to how they can enhance the competitiveness of the Mauritius offshore jurisdiction. The Financial Services Act 2007 (FSA Act) also allows for the Financial Services Commission (FSC) to act as a one-stop shop in all matters relating to global business.
Advantages of Incorporating a GBC2 Offshore Company in Mauritius
| Allowed activities | Trading, Consulting, Holding |
| Low fixed tax for incomes made out of Mauritius |  (USD 200/year) |
| Non-disclosure of director(s) | |
| Non-disclosure of shareholder(s) | |
| No Accountancy or audit Requirements | |
| Everything can be done from your country | |
| Only one director needed to form company | |
| Only one shareholder needed to form company | |
| Banking details kept confidential | |
| 100% foreign ownership of the company | |
| No minimum capital required | |
| Capability to obtain a UE VAT number |  |
| Capability to apply for a financial license | (with a GBC1 company) |
| Network of non Double taxation treaties | (with a GBC1 company) |
GBC 2 Company Formation
Our Company Formation Pack Includes :
- Research and reservation of company name
- Incorporation of the company in 2 or 3 weeks
- One year agency fee
- Registered address (mail forwarding in option)
- Certificate of Incorporation
- Statement of organizers (document that prove your company ownership)
- Bylaw
- Board Resolution
- Free online merchant account (conditions apply)
- A “no name” Mastercard debit card (with iban/swift account number)
How much does it cost to form a GBC2 company in Mauritius ?
- Company formation + bank account in Mauritius starting at € 1699.00
- Annual Fee (from the second year) is € 749.00 per year.
GBC1 Financial Company Formation
Opportunity in Mauritius: Form a GBC1 Offshore Company to Manage Financial Activities
Mauritius GBC1s are companies incorporated under the Companies Act 2001 and licensed by the Mauritius Financial Services Commission. GBC1s reside in Mauritius for taxation purposes and have access to Mauritius’ extensive double taxation avoidance treaty network, provided they hold a Tax Residence Certificate issued by the Mauritius Revenue Authority. Although subject to Mauritian tax, GBC1s benefit from tax credits and a low tax rate. GBC1 companies have commonly been used by foreign businesses to structure investments and projects with Mauritian double tax avoidance treaty partners, including India, China, Italy, Luxembourg, Thailand, Rwanda, South Africa, among others. A GBC1 may carry out business such as banking, insurance, reinsurance, fund administration, etc. If you would like to receive a quotation or further details regarding the formation of a GBC1, please contact us directly.
Offshore Bank Account Opening Features
- Documents required to open an offshore bank account (requirements may vary from bank to bank):
- Certified true copy of passport
- Original proof of address (e.g: utility bill)
- Original reference letter from a banker/lawyer/accountant/public notary
- All documents dated less than 2 months
- Account will be opened within 3 weeks of document collection and successful submission of bank application
- Opening done from remote location
- Minimum deposit is between EURO 500.00 and EURO 1000.00 (depending on bank)
- Visa card/MasterCard available (200% security deposit needed to use card)
- A 200% security deposit has to be done in order to use the Visa/Mastercard
- Internet banking facilities provided (bank transfers, account checking)
Please note that all banks have the right to decline any bank account application. In the case of a rejection, we will try to open your bank account at another bank. If we are not able to successfully open an account at any bank (due to no fault of the client), we will refund your payment.
Why choose Esmology to set up your company in Mauritius ?
- We take care of everything from company registration to bank account opening
- We provide special client 24/7 phone and e-mail support until the service is fully delivered
- We offer an online secure payment system as well as a “no name” MasterCard debit card for every company formation order. Through this, you can start your business just several days after payment and do not have to wait for the bank account opening in order to collect money from your clients.
- You can set up a virtual office (i.e. phone number, business address, and mail forwarding) in Mauritius or anywhere else.
- We can create a “Corporate Identity” for you, which includes a logo and web template design, letterheads, and business card designs.
- We have local onshore companies in five continents to help meet any of your needs
- We have a valuable and very experienced network of partners, including law firms, accounting firms, and business consulting, which we can introduce to our clients as needed
Please feel free to get in touch with us for any clarifications. Simply click the link below to fill up our brief order form and we shall get back to you as soon as possible. We look forward to providing you with our excellent service!