AAcapital International Limited holds a Management Company Licence issued by the Financial Services Commission of Mauritius (FSC).

As a duly licensed management company, AAcapital International Limited carries out all the necessary due diligence checks, prepares all the necessary documents and submits the application for the setting up of your Global Business Company to the FSC on your behalf.

What is a Global Business Company?

A Global Business Company is a company resident in Mauritius which has been issued a Global Business Licence by the Financial Services Commission of Mauritius.

A GBC allows a non-citizen of Mauritius to set up his company in Mauritius. The non-citizen can hold the majority of shares or voting rights or the legal or beneficial interest of a GBC.

Structure of a Global Business Company

A GBC can be structured as follows:

Global Business Company - Requirements

To satisfy the substance requirements of the FSC, a GBC shall:
In addition to the substance requirements, a GBC shall:

Global Business Company - Taxation

A GBC is taxed at a rate of 15% on its net profit.

A GBC can avail to a partial exemption of 80%, that is, 80% of its income will be exempted from tax if the income is derived from the following income/activities:

A GBC is not subject to any capital gains tax or withholding taxes on distribution.

Upon obtention of its Tax Residence Certificate (TRC) from the Mauritius Revenue Authority, a GBC can have access to the Double Taxation Agreements in force in Mauritius. A list of the Double Taxation Agreements in force can be consulted here: Double Taxation Agreements - Mauritius Revenue Authority (mra.mu)

Key Features - Global Business Company
Share Capital
Minimum Share Capital USD 1
Permitted Currency Any currency except MUR
Shareholders
Minimum One
Non-citizen shareholding Yes, non-citizen can hold 100% shares
Publicly accessible records No
Location of meetings Mauritius (proxy possible)
Directors
Minimum required Two
Resident directors At least two
Publicly accessible records No
Location of meetings Anywhere, but including at least 2 directors from Mauritius
Company Secretary
Company Secretary Yes, a management company shall act as company secretary
Accounts
Requirement Audited Financial Statements
Requirement to file accounts Yes (not publicly accessible)
Activities
Any restriction on activity No, however appropriate licences may be required depending on the type of activity
First Application Regulatory Costs
Processing Fee (FSC) USD 500
First Global Business Licence Fee July - September: USD 1,950

October - December: USD 1,470

January - December: USD 975

April - June: USD 490
Company Incorporation Fees MUR 3,000 for Private Company holding a Global Business Licence
MUR 13,500 for Public Company holding a Global Business Licence
Annual Government Costs
Annual Global Business Licence Fee USD 1,950
Annual Company Registration Fee MUR 9,000 for Private Company holding a Global Business Licence
MUR 13,500 for Public Company holding a Global Business Licence
MUR 2,500 for Limited Partnership holding a Global Business Licence
MUR 2,500 for Limited Liability Partnership holding a Global Business Licence