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FEES SCHEDULE Year 1 incorporation US$2,900 * Annual costs from Year 2 US$1,700 * Nominee director fee Company de-registration * Depending on corporate structure and professional services required. |
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If properly-structured, forming a Mauritius GBC2 Company is a low-cost, legal, tax-efficient way through which international business can be conducted. The following information will help you determine whether a Mauritius GBC2 Company is the optimum corporate structure to fulfill your international business objectives: |
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| Advantages of a Mauritius GBC2 Company | |
| 1. | Mauritius GBC2 company formation is simple and cost-effective. According to the 2008 Doing Business Survey by the World Bank, Mauritius is the world's 27th easiest place to do business. The survey measures factors including business start up procedures, time, cost and minimum capital required to start a business. |
| 2. | Mauritius is positively ranked as the world’s 18th freest economy according to the 2008 Index of Economic Freedom by The Heritage Foundation, a measure of freedom enjoyed in business, trade, monetary, financial, investment and labour markets. |
| 3. | A Mauritius GBC2 Company is exempt from all taxes on income derived outside Mauritius. There is no income tax in Mauritius. |
| 4. | A GBC2 can be 100% foreign owned. A minimum of one shareholder and one director is required to form a Mauritius GBC2 Company and corporate directors are permitted. Following GBC2 set up, directors and shareholders details are not available for public viewing. |
| 5. | A Mauritius GBC2 Company is not required to prepare or file accounts or financial statements. |
| 6. | A Mauritius GBC2 Company has no minimum capital requirements. |
| 7. | After incorporating a Mauritius GBC2, neither annual tax returns nor audited financial statements need to be submitted to the Mauritius Revenue Authority (MRA). |
| Disadvantages of a Mauritius GBC2 Company | |
| 1. | Mauritius is perceived as a 'tax haven' jurisdiction. In addition, Mauritius fell from the 42nd least corrupt country in the world to the 53rd least corrupt, according to the 2007 Corruption Perceptions Index by Transparency International, a global measure of corruption amongst public officials and politicians. |
| 2. | Unlike a Mauritius GBC1 Company, a GBC2 does not have access to the 28 double tax treaties Mauritius has signed. |
3. |
Mauritius is poorly ranked as the world's 60th most
competitive economy in the
World Bank's Global Competitiveness Report 2007-2008. |
| Other Information | |
Refer to the following links to read more information on Mauritius company formation:
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Contact Us |
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For more information on a Mauritius GBC2, please email email@healyconsultants.com or call us in Singapore at (+65) 6735 0120. |
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| Back to Mauritius Company Formation page. | |
Singapore Company formation, Dubai Company formation, Offshore Company formation
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FEES SCHEDULE Year 1 incorporation US$2,900 * Annual costs from Year 2 US$1,700 * Nominee director fee Company de-registration * Depending on corporate structure and professional services required. |
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