{"id":90948,"date":"2026-08-04T17:17:08","date_gmt":"2026-08-04T11:47:08","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?p=90948"},"modified":"2026-08-04T17:17:12","modified_gmt":"2026-08-04T11:47:12","slug":"how-to-set-up-a-global-business-company-in-mauritius","status":"publish","type":"post","link":"https:\/\/enterslice.com\/learning\/how-to-set-up-a-global-business-company-in-mauritius\/","title":{"rendered":"How to Set Up a Global Business Company (GBC) in Mauritius: Complete Registration, Tax Benefits &amp; Compliance Guide"},"content":{"rendered":"<p>Mauritius has positioned itself as one of the most promising international financial centres by offering a stable economic environment, clear regulations, and effective connections worldwide. Over the last ten years, the island state has turned into a favourable territory for foreign entrepreneurs willing to set up efficient structures for cross-border business and investments. The state is famous for having a good legal <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Basis&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;In finance, the &amp;quot;basis&amp;quot; is a term with several applications, including representing the difference between the spot price and the future contract price of an asset, which is vital in investment(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/basis\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>basis<\/a>, favourable taxation, and access to the international <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Market&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;A market is a structured environment, either physical or virtual, where buyers and sellers convene to trade goods and services. This trading hub operates based on the principles of supply and(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/market\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>market<\/a> through a variety of treaties.&nbsp;<\/p>\n\n\n\n<p>Companies opt for international business through Mauritius due to the favourable investor environment, the&nbsp;simple process&nbsp;of registering the company, and access to the Mauritius Global Business License, which will allow the company to do business around the world using the advantages of local compliance.&nbsp;<\/p>\n\n\n\n<p>This guide will help the reader understand all&nbsp;the&nbsp;steps in registering a Mauritius GBC, including licensing, taxation, compliance&nbsp;requirements, and other&nbsp;key considerations. The registration of a GBC requires&nbsp;taking into account&nbsp;a number of&nbsp;regulatory, taxation, and other factors to ensure sustainable operation.&nbsp;<\/p>\n\n\n\n<p>Regardless of whether you plan to undertake international trade, investments, intellectual <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Property&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;Property refers to the legal designation of ownership over valuable items or assets held by an individual or a business. This ownership grants the holder certain legal rights to use, consume,(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/property\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>property<\/a> management, or service activities, knowledge of the Global Business Company (GBC) structure will be&nbsp;an important step&nbsp;prior to your market entry into Mauritius.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What is a Global Business Company (GBC) in Mauritius?&nbsp;<\/h2>\n\n\n\n<p>Global Business Company (GBC) refers to a business organisation in Mauritius used by firms engaging&nbsp;mainly in&nbsp;activities outside the&nbsp;jurisdiction&nbsp;of Mauritius. This type of company acts as a platform for international trade, investment holding, intellectual property, and other services across borders.&nbsp;<\/p>\n\n\n\n<p>This system is regulated through the Financial Services Act, where the Financial Services Commission (FSC) oversees and licenses all companies. The firm&nbsp;must obtain a&nbsp;Mauritius Global Business License to conduct any business within the country&rsquo;s legal frameworks but in the international market as well.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What is the&nbsp;Purpose of a GBC?&nbsp;<\/h2>\n\n\n\n<ul>\n<li>To&nbsp;assist&nbsp;in offshore company formation in an effective manner in terms of taxation.&nbsp;<\/li>\n\n\n\n<li>Establish an internationally acceptable structure for global investors.&nbsp;<\/li>\n\n\n\n<li>Allow easy access to double taxation avoidance agreements with Mauritius.&nbsp;<\/li>\n\n\n\n<li>Assist&nbsp;international business growth with regulatory reliability.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Difference Between Domestic Business and GBCs&nbsp;<\/h2>\n\n\n\n<ul>\n<li><strong>Domestic Business:<\/strong>&nbsp;Conducts&nbsp;business operations in Mauritius to cater to the domestic market under general corporate tax rules.&nbsp;<\/li>\n\n\n\n<li><strong>GBCs:&nbsp;<\/strong>Conduct business outside of Mauritius, receive tax incentives, and benefit from treaties.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Reasons Why Foreign Investors Favour&nbsp;the&nbsp;GBC Structure&nbsp;in Mauritius&nbsp;<\/h2>\n\n\n\n<p>For foreign investors, the GBC system&nbsp;in Mauritius&nbsp;offers a blend of legitimacy, tax efficiency, and convenience that makes Mauritius one of the most sought-after countries for offshore companies.&nbsp;<\/p>\n\n\n\n<ul>\n<li>Tax incentives with competitive corporate tax rates (presently 15%), with some exceptions that lower the rates.&nbsp;<\/li>\n\n\n\n<li>Compliance standards meeting Organisation for Economic Co&#8209;operation and Development (OECD) and Financial Action Task Force (FATF) requirements.&nbsp;<\/li>\n\n\n\n<li>Political stability and favourable investor-friendly policies.&nbsp;<\/li>\n\n\n\n<li><strong><a href=\"https:\/\/enterslice.com\/mu\/gbc-formation-mauritius\">GBC Mauritius company formation<\/a><\/strong>&nbsp;through an organised process with defined regulatory procedures.&nbsp;<\/li>\n\n\n\n<li>Facilities of foreign banks and financial services.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Why&nbsp;is&nbsp;Mauritius a Preferred Destination for Global Businesses?&nbsp;<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Strategic&nbsp;Geographic&nbsp;Position&nbsp;<\/h3>\n\n\n\n<p>The country is&nbsp;located&nbsp;at the&nbsp;crossroads&nbsp;of Africa and Asia, and for any business, it can be used as a portal to access the emerging markets. Its geographical position, which is close to major sea routes, helps it become a strategic location for offshore company incorporation.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Political and Economic Stability&nbsp;<\/h3>\n\n\n\n<p>This is another advantage of Mauritius because of the presence of democracy, stable&nbsp;governance&nbsp;and a stable economy. This ensures that foreigners can invest in this country without much worry.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Strong Financial&nbsp;Industry&nbsp;<\/h3>\n\n\n\n<p>The finance industry of Mauritius has been well regulated, with banks, insurance companies and investment firms providing worldwide connections. Mauritius Global Business License provides a basis of credible conduct.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Business-friendly Regulatory Structure&nbsp;<\/h3>\n\n\n\n<p>Compliance requirements as&nbsp;stated&nbsp;in the Financial Services Act are well enforced by the Financial Services Commission (FSC). This provides for an efficient and straightforward regulatory framework for registering&nbsp;GBCs in Mauritius.&nbsp;&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Multiple Double Taxation Avoidance Agreements (DTAAs)&nbsp;<\/h3>\n\n\n\n<p>The Mauritius government has&nbsp;entered into&nbsp;DTAAs with more than 40 countries and provides companies with an opportunity to reduce their tax burden and prevent double taxation. The treaty agreement&nbsp;constitutes&nbsp;one of the strengths of holding and investment firms.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Competitive Corporate Tax System&nbsp;<\/h3>\n\n\n\n<p>Corporate tax is 15%, with some exceptions providing further reductions. The competitive corporate tax system serves as a stimulus for entrepreneurs wishing to set up efficient international corporations.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Highly Skilled Multilingual Workforce&nbsp;&nbsp;<\/h3>\n\n\n\n<p>A&nbsp;highly&nbsp;educated and multilingual workforce proficient in English and French&nbsp;and also&nbsp;gaining experience in areas such as finance, law, and technology makes Mauritius&nbsp;very attractive&nbsp;to global firms.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Ease of Doing Business&nbsp;<\/h3>\n\n\n\n<p>It is known that the country regularly features among the top performers on the ease-of-doing-business ratings of the world. In fact, the incorporation procedure of the Global Business Company in Mauritius is quite simple.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">African and Asian Market Access&nbsp;<\/h3>\n\n\n\n<p>Mauritius has&nbsp;advantageous&nbsp;access to the African markets due to regional free trade agreements, while&nbsp;retaining&nbsp;its proximity to Asian countries. Thus, it can be viewed as&nbsp;an optimal&nbsp;location for transnational business services.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Advanced Banking System&nbsp;<\/h3>\n\n\n\n<p>There are some international banks&nbsp;operating&nbsp;on the territory of the island with modern digital platforms, trade financing services, and other types of banking activities.&nbsp;<\/p>\n\n\n\n<p><em>Expanding into the international business arena?&nbsp;<\/em><strong><em>Enterslice<\/em><\/strong><em>&nbsp;will&nbsp;assist&nbsp;you in incorporating your Mauritius GBC in a smooth regulatory process.<\/em>&nbsp;<\/p>\n\n\n\n<style>\n  \/* Enterslice CTA &mdash; scoped styles *\/\n  .es-cta-wrap { font-family: 'DM Sans', 'Segoe UI', system-ui, sans-serif; }\n  .es-cta-wrap > h2 {\n    color: #111c45;\n    font-family: 'Manrope', 'Segoe UI', sans-serif;\n    font-weight: 800;\n    font-size: 1.6rem;\n    margin: 0 0 14px;\n  }\n  .calling-person.blog_cta {\n    position: relative;\n    overflow: hidden;\n    padding: 30px 34px;\n    border-radius: 18px;\n    background:\n      radial-gradient(circle at 12% 18%, rgba(117,61,238,0.30), transparent 45%),\n      radial-gradient(circle at 88% 82%, rgba(56,91,251,0.30), transparent 50%),\n      linear-gradient(135deg, #0d1638 0%, #111c45 40%, #1e2e7e 100%);\n    color: #ffffff;\n    box-shadow: 0 16px 40px rgba(17,28,69,0.28);\n    border: 1px solid rgba(255,255,255,0.06);\n  }\n  \/* Subtle diagonal shine *\/\n  .calling-person.blog_cta::before {\n    content: '';\n    position: absolute; 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Get a free consultation from Enterslice experts.<\/h2>\n            <p class=\"mt-3\">\n              <i class=\"fa fa-star\"><\/i>\n              <i class=\"fa fa-star\"><\/i>\n              <i class=\"fa fa-star\"><\/i>\n              <i class=\"fa fa-star\"><\/i>\n              <i class=\"fa fa-star-half-full\"><\/i>\n              <span class=\"ms-2 text-white\">(4.8) 15,000+ clients served<\/span>\n            <\/p>\n          <\/div>\n        <\/div>\n      <\/div>\n      <div class=\"col-xs-12 col-sm-12 col-md-12 col-lg-8 mx-auto\">\n        <div class=\"d-flex justify-content-between call-chat\">\n            <a href=\"https:\/\/api.whatsapp.com\/send?phone=+16292766228&amp;text=Hi,%20I%20am%20Looking%20For%20Company%20Formation%20Mauritius.\" target=\"_blank\" rel=\"noopener\" class=\"es-wa-btn\" aria-label=\"Connect with Enterslice on WhatsApp\">\n      <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 32 32\" fill=\"currentColor\">\n        <path d=\"M16 3a13 13 0 00-11.3 19.4L3 29l6.9-1.7A13 13 0 1016 3zm0 23.6a10.6 10.6 0 01-5.4-1.5l-.4-.2-4 1 1-3.9-.2-.4a10.6 10.6 0 1119 5 10.6 10.6 0 01-10 0zm5.8-7.9c-.3-.2-1.9-.9-2.2-1s-.5-.2-.7.2-.8 1-1 1.2-.4.2-.7 0a8.6 8.6 0 01-2.5-1.6 9.5 9.5 0 01-1.8-2.2c-.2-.3 0-.5.1-.6l.5-.6a2 2 0 00.3-.5.6.6 0 000-.5c0-.2-.7-1.7-1-2.3s-.5-.5-.7-.5h-.6a1.2 1.2 0 00-.8.4 3.5 3.5 0 00-1.1 2.6 6 6 0 001.3 3.2 13.8 13.8 0 005.3 4.7c.7.3 1.3.5 1.8.7a4.3 4.3 0 002 .1 3.3 3.3 0 002.1-1.5 2.6 2.6 0 00.2-1.5c-.1-.1-.3-.2-.6-.4z\"><\/path>\n      <\/svg>\n      Connect with ENTERSLICE Today\n    <\/a>\n        <\/div>\n      <\/div>\n    <\/div>\n  <\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">What are the&nbsp;Key Features of a Global Business Company (GBC)?&nbsp;<\/h2>\n\n\n\n<p>The Global Business Company, being a corporate entity&nbsp;located&nbsp;in Mauritius, provides&nbsp;various benefits, which make it an especially desirable form of structure for international&nbsp;entrepreneurs. The features of such a corporation are presented below:&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Protection of Limited Liability&nbsp;<\/h3>\n\n\n\n<p>The liability of the shareholders is limited to the capital contributed to the company; thus, personal assets are protected.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Conducting International Business Activities&nbsp;<\/h3>\n\n\n\n<p>The GBC is created for conducting international business activities and is therefore suitable for trading, investments, and offshore incorporation.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Independent Legal Status&nbsp;<\/h3>\n\n\n\n<p>The GBC enjoys independent legal status, which is distinct from the shareholders. This allows for confidence and reliability in international dealings.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Advantages of Tax Residency&nbsp;<\/h3>\n\n\n\n<p>By becoming resident&nbsp;in&nbsp;Mauritius for tax purposes, GBCs will be able to enjoy favourable&nbsp;tax rates and exemptions, which will make them more competitive globally.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Governance Rules&nbsp;<\/h3>\n\n\n\n<p>GBCs need to follow certain governance norms prescribed by the Financial Services Commission (FSC). This includes the appointment of local directors and reporting norms.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Availability of Tax Treaties&nbsp;<\/h3>\n\n\n\n<p>The country of Mauritius has made&nbsp;numerous&nbsp;double taxation treaties, which help in minimising tax risk by giving the advantage of tax treaties to the GBCs.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Permitted&nbsp;Foreign Ownership&nbsp;<\/h3>\n\n\n\n<p>Foreign investors are allowed to have up to 100% shareholding in GBCs, thus providing greater flexibility in conducting international business.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Capacity to Make International Investments&nbsp;<\/h3>\n\n\n\n<p>Shares, intellectual property, and other assets can be held in a GBC from different countries, which makes it flexible for making international investments.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Banking Flexibility&nbsp;<\/h3>\n\n\n\n<p>There is&nbsp;a state-of-the-art&nbsp;banking system in Mauritius that allows GBCs to open accounts in multiple currencies and handle international transactions without any difficulty.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Protection of Assets&nbsp;<\/h3>\n\n\n\n<p>The GBC structure comes with excellent legal protection, and assets held by GBCs will be safe, as Mauritius has very favourable laws for investors.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Who Should Consider Setting Up a GBC in Mauritius?&nbsp;<\/h2>\n\n\n\n<p>The Global Business Company in Mauritius is a flexible vehicle that suits a variety of industries and business activities. Due to its flexibility, tax benefits, and global recognition, it is&nbsp;an appropriate choice&nbsp;for any entrepreneur or corporation interested in international expansion. The following list includes the sectors and organisations that could especially&nbsp;benefit&nbsp;from the creation of a GBC:&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Holding&nbsp;Companies&nbsp;&nbsp;<\/h3>\n\n\n\n<ul>\n<li>Good for owning and managing subsidiaries and making international investments.&nbsp;<\/li>\n\n\n\n<li>Benefit from the&nbsp;large number&nbsp;of tax treaties signed by Mauritius.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Investment&nbsp;Funds&nbsp;&nbsp;<\/h3>\n\n\n\n<ul>\n<li>Hedge funds, private equity, and venture capital firms utilise GBCs for their investment funds.&nbsp;<\/li>\n\n\n\n<li>Provides credibility and confidence due to FSC regulation.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Asset&nbsp;Management&nbsp;Firms&nbsp;&nbsp;<\/h3>\n\n\n\n<ul>\n<li>Suitable for managing assets effectively across borders.&nbsp;<\/li>\n\n\n\n<li>Efficient portfolio management within different&nbsp;jurisdictions.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">FinTech Companies&nbsp;<\/h3>\n\n\n\n<ul>\n<li>Utilises Mauritius&rsquo; advanced banking systems and regulation.&nbsp;<\/li>\n\n\n\n<li>Good choice&nbsp;for cross-border payments and digital finance operations.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">IT Service Providers&nbsp;<\/h3>\n\n\n\n<ul>\n<li>Uses GBCs to offer technology services offshore internationally.&nbsp;<\/li>\n\n\n\n<li>Gets ease of operation and skilled personnel.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Consulting Firms&nbsp;<\/h3>\n\n\n\n<ul>\n<li>Internationally renowned consulting firms earn a reputation through GBC of Mauritius.&nbsp;<\/li>\n\n\n\n<li>Provides easy invoicing and operation within various&nbsp;jurisdictions.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Export&ndash;Import Business&nbsp;<\/h3>\n\n\n\n<ul>\n<li>Provides geographical advantage of being&nbsp;located&nbsp;on a global trading route.&nbsp;<\/li>\n\n\n\n<li>GBCs provide tax efficiency in cross-border operations.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Shipping Companies&nbsp;<\/h3>\n\n\n\n<ul>\n<li>Take advantage of Mauritius as an intermediary in maritime activities.&nbsp;<\/li>\n\n\n\n<li>Leverage asset protection and the flexibility of international banking.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Intellectual Property Holding Vehicles<\/strong>&nbsp;<\/h3>\n\n\n\n<ul>\n<li>Protect IP rights using Mauritius laws.&nbsp;<\/li>\n\n\n\n<li>Ensure effective flow of royalties via tax treaties.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">International Trading Companies&nbsp;<\/h3>\n\n\n\n<ul>\n<li>Engage in international trade without much tax liability.&nbsp;<\/li>\n\n\n\n<li>Take advantage of African and Asian markets through Mauritius trade pacts.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Family Offices&nbsp;<\/h3>\n\n\n\n<ul>\n<li>Engage in wealth management and succession planning in a safe&nbsp;jurisdiction.&nbsp;<\/li>\n\n\n\n<li>Leverage asset protection and confidentiality.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Global Investment Vehicles&nbsp;<\/h3>\n\n\n\n<ul>\n<li>Suitable for multi-national investors who come together to pool their money.&nbsp;<\/li>\n\n\n\n<li>Offers transparency, governance, and treaty benefits.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">What are the&nbsp;Benefits of Setting Up a Global Business Company in Mauritius?&nbsp;<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Competitive Corporate Tax System&nbsp;<\/h3>\n\n\n\n<p>Mauritius provides a highly competitive corporate tax system of a 15% tax rate,&nbsp;with partial exemptions that may reduce the effective tax rate, lowering&nbsp;it considerably. Thus, Global Business Companies registered in Mauritius are more cost-efficient than in most other countries.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Ease of Foreign Investment&nbsp;<\/h3>\n\n\n\n<p>Investors from other countries&nbsp;have the opportunity to&nbsp;hold 100% shareholding of GBCs, making it easier to set up international businesses. The simplified process of incorporating GBCs in Mauritius helps in the process.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Availability of International Tax Treaties&nbsp;<\/h3>\n\n\n\n<p>Having more than 40 Double Taxation Avoidance Agreements (DTAAs), GBCs&nbsp;have the ability to&nbsp;reduce taxes and&nbsp;avoid&nbsp;double taxation, and this treaty network becomes a considerable asset for holding and investment companies.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Protection of Assets&nbsp;<\/h3>\n\n\n\n<p>The laws of Mauritius afford great protection to assets held through a GBC, making Mauritius an ideal country for asset management and succession planning.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Confidentiality&nbsp;<\/h3>\n\n\n\n<p>In complying with international standards, Mauritius provides confidentiality to the shareholders and directors of GBCs, which allows them to safeguard their sensitive business information.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Access to International Banking Facilities&nbsp;<\/h3>\n\n\n\n<p>Mauritius is home to international banks that offer multi-currency facilities, trade finance, and internet banking facilities,&nbsp;facilitating&nbsp;international business transactions.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Corporate Structure Flexibility&nbsp;<\/h3>\n\n\n\n<p>The corporate structure of a GBC may vary based on its business model, which may include investment holding, intellectual property management, or cross-border activities.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Strong Regulatory Regime&nbsp;<\/h3>\n\n\n\n<p>The Financial Services Act and regulations from the Financial Services Commission (FSC) ensure that GBCs&nbsp;are able to&nbsp;carry out their operations in a transparent and credible regulatory regime.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Ease of Profit Repatriation&nbsp;<\/h3>\n\n\n\n<p>Mauritius allows free profit and capital repatriation, which ensures that investors can transfer funds across the world without any hassle.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Efficiency in Business Environment&nbsp;<\/h3>\n\n\n\n<p>Mauritius has always been rated high on various indices concerning ease-of-doing-business. The&nbsp;<strong><a href=\"https:\/\/enterslice.com\/mu\/company-formation-mauritius\">company registration<\/a><\/strong>&nbsp;procedure in Mauritius is efficient.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Reputation as an International Financial Centre&nbsp;<\/h3>\n\n\n\n<p>Mauritius is internationally renowned as a reputable and reliable financial centre. Such a reputation adds to the confidence of investors and helps with globalisation.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Less Administrative Complexity Than Other Jurisdictions&nbsp;<\/h3>\n\n\n\n<p>With respect to other offshore&nbsp;jurisdictions, Mauritius is characterised by fewer compliance procedures and, therefore, lower administrative costs for business.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Eligibility Requirements for Setting Up a GBC&nbsp;in Mauritius&nbsp;<\/h2>\n\n\n\n<p>Requirements for forming a Global Business Company in Mauritius include certain legal and compliance standards. These standards are regulated by the Financial Services Commission (FSC). The following are the basic requirements for eligibility:&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Eligible Shareholders&nbsp;<\/h3>\n\n\n\n<ul>\n<li>Individuals as well as companies can serve as shareholders.&nbsp;<\/li>\n\n\n\n<li>Foreign ownership is allowed, and foreign investors may hold 100% equity.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Requirements for Resident Directors&nbsp;<\/h3>\n\n\n\n<ul>\n<li>There should be at least one director who is resident in Mauritius.&nbsp;<\/li>\n\n\n\n<li>The director ensures that there&nbsp;is&nbsp;local management and adherence to FSC rules.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Registered Office&nbsp;<\/h3>\n\n\n\n<ul>\n<li>GBC needs to have a registered office in Mauritius.&nbsp;<\/li>\n\n\n\n<li>This registered office will act as the official correspondence address of the company.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Local Management Requirements&nbsp;<\/h3>\n\n\n\n<ul>\n<li>It is&nbsp;required&nbsp;for companies to have effective management in Mauritius.&nbsp;<\/li>\n\n\n\n<li>The board meetings must take place locally, while strategic decisions&nbsp;have to&nbsp;involve resident directors.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Company Secretary (if any)&nbsp;<\/h3>\n\n\n\n<ul>\n<li>More complex GBCs can employ a company secretary who will be qualified.&nbsp;<\/li>\n\n\n\n<li>The secretary makes sure that the company&nbsp;complies with&nbsp;corporate governance rules.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Corporate Bank Account&nbsp;<\/h3>\n\n\n\n<ul>\n<li>There is a need for a corporate bank account based in Mauritius.&nbsp;<\/li>\n\n\n\n<li>It is helpful when it comes to conducting international business.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Compliance with FSC Regulations&nbsp;<\/h3>\n\n\n\n<ul>\n<li>GBCs&nbsp;have to&nbsp;follow the Financial Services Act as well as other FSC regulations.&nbsp;<\/li>\n\n\n\n<li>Annual filing, audited financial statements, and regulatory filing are all compulsory.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Business Activities Outside Mauritius&nbsp;<\/h3>\n\n\n\n<ul>\n<li>The GBC Company should be engaged in international business.&nbsp;<\/li>\n\n\n\n<li>The majority of&nbsp;business operations&nbsp;have to&nbsp;be performed abroad from Mauritius.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Economic Substance Requirements&nbsp;<\/h3>\n\n\n\n<ul>\n<li>The company&nbsp;has to&nbsp;demonstrate&nbsp;its actual economic presence on Mauritian soil.&nbsp;<\/li>\n\n\n\n<li>It means that it should employ local personnel, incur local costs, and have suitable offices.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Documentation Checklist&nbsp;<\/h2>\n\n\n\n<p>In order to&nbsp;successfully&nbsp;register Mauritius&nbsp;GBC, an applicant&nbsp;has to&nbsp;prepare several types of documents that&nbsp;have to&nbsp;be&nbsp;submitted&nbsp;to the Financial Services Commission (FSC). Each document plays a certain role in providing the necessary proof of compliance with certain requirements.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Document<\/strong>&nbsp;<\/td><td><strong>Purpose<\/strong>&nbsp;<\/td><\/tr><tr><td><strong>Passport<\/strong>&nbsp;<\/td><td>Proof of identity for shareholders and directors.&nbsp;<\/td><\/tr><tr><td><strong>Address proof&nbsp;<\/strong>&nbsp;<\/td><td>Proof of residential address of shareholders and directors.&nbsp;<\/td><\/tr><tr><td><strong>Business plan<\/strong>&nbsp;<\/td><td>Description of proposed activities,&nbsp;objectives, and strategies of&nbsp;GBC.&nbsp;<\/td><\/tr><tr><td><strong>Source of funds declaration<\/strong>&nbsp;<\/td><td>Proof of transparency of capital source and compliance with <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Anti-Money Laundering&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;In an increasingly complex global financial landscape, combating financial crimes like money laundering has become paramount. Anti-Money Laundering (AML) is a comprehensive framework of(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/anti-money-laundering\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>anti-money laundering<\/a> regulations.&nbsp;<\/td><\/tr><tr><td><strong><a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Shareholder&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;A shareholder is an individual or entity that owns at least one share of a company&amp;#039;s stock, granting them partial ownership of the company. This status allows them certain rights, including(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/shareholder\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>Shareholder<\/a> information<\/strong>&nbsp;<\/td><td>Description of the ownership and equity distribution.&nbsp;<\/td><\/tr><tr><td><strong>Director information<\/strong>&nbsp;<\/td><td>Governance structure of the company and compliance with the resident director requirement&nbsp;<\/td><\/tr><tr><td><strong>Company constitution<\/strong>&nbsp;<\/td><td>Establishes internal rules, governance policies, and operational structure.&nbsp;<\/td><\/tr><tr><td><strong>Name approval<\/strong>&nbsp;<\/td><td>Proof of a unique and approved company name with the Registrar.&nbsp;<\/td><\/tr><tr><td><strong>Bank reference&nbsp;<\/strong>&nbsp;<\/td><td>Verification of financial credibility and banking background of shareholders or directors.&nbsp;<\/td><\/tr><tr><td><strong>Professional reference&nbsp;<\/strong>&nbsp;<\/td><td>Provides third-party verification of integrity and professional standing.&nbsp;<\/td><\/tr><tr><td><strong>Ultimate Beneficial Owner (UBO) information<\/strong>&nbsp;<\/td><td>Ensures transparency and compliance through identification of those with the final authority or ownership.&nbsp;<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>The above list of documents will help you to prove that your Global Business Company in Mauritius satisfies all the regulatory requirements, has economic&nbsp;substance&nbsp;and&nbsp;operates&nbsp;transparently internationally.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Step&#8209;by&#8209;Step Process to Set Up a Global Business Company in Mauritius&nbsp;<\/h2>\n\n\n\n<p>Establishment of a Global Business Company in Mauritius is a systematic process supervised by the Financial Services Commission (FSC) and the Registrar of Companies. Given below is the comprehensive step-by-step procedure for setting up a global business company in Mauritius:&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 1. Define Business Activities&nbsp;<\/h3>\n\n\n\n<p>Determine&nbsp;the type of activities that you wish to conduct internationally, whether it involves investments, trading, consulting services, or intellectual property. This will ensure that it is in line with FSC requirements.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 2. Register Company Name&nbsp;<\/h3>\n\n\n\n<p>Apply for the registration of the company name from the Registrar of Companies. It should be unique and within the naming conventions of the locality.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 3. Hire a Management Company&nbsp;<\/h3>\n\n\n\n<p>Consult an experienced management firm based in Mauritius for incorporating, ensuring compliance, and acting as a link between the regulators and the organisation.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 4. Compile Incorporation Documents&nbsp;<\/h3>\n\n\n\n<p>Collect all the necessary documents such as the identity of the shareholders, directors, company constitution, and business plan.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 5. File Application to the FSC&nbsp;<\/h3>\n\n\n\n<p>File the application with the FSC along with all the documents and source of funds declarations.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 6.&nbsp;Acquire&nbsp;Mauritius Global Business License&nbsp;<\/h3>\n\n\n\n<p>Once approval is received from the FSC, a Mauritius Global Business License is issued to the organisation.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 7. Company Registration&nbsp;with the&nbsp;Registrar of Companies&nbsp;<\/h3>\n\n\n\n<p>The company will be registered with the Registrar to make it a legal person in Mauritius.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 8. Opening&nbsp;a&nbsp;Corporate Bank Account&nbsp;<\/h3>\n\n\n\n<p>Create a corporate bank account in Mauritius for the conduct of international business transactions and compliance purposes.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 9. Fulfil Economic Substance Requirements&nbsp;<\/h3>\n\n\n\n<p>Showcase&nbsp;your actual presence in Mauritius through having resident directors, conducting local board&nbsp;meetings&nbsp;and incurring local expenditures.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 10. Start International Business Operations&nbsp;<\/h3>\n\n\n\n<p>After completing all the licensing and compliance requirements,&nbsp;the&nbsp;GBC may conduct business across the globe.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Typical Registration Timeline&nbsp;<\/h2>\n\n\n\n<p>The registration process of a Global Business Company (GBC) in Mauritius will&nbsp;normally takes&nbsp;4 to 8 weeks, presuming that all required documents are complete and&nbsp;accurate. The process starts with the registration of the company at the Registrar of Companies and will be concluded in a few days following the submission of statutory forms and shareholder information.&nbsp;<\/p>\n\n\n\n<p>Next comes the application for the Global Business License to the Financial Services Commission (FSC). The process will normally take several weeks, depending on the complexity of the business structure and completeness of documents.&nbsp;<\/p>\n\n\n\n<p>Other formalities after the registration of the business include appointing resident directors, registering an office and completing compliance documentation. Getting the corporate bank account can take even more time due to thorough due diligence by the bank.&nbsp;<\/p>\n\n\n\n<p>In general, businesses can expect an organised process involving proper planning and submission of the right documents&nbsp;in a timely manner.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Regulatory Authorities Involved&nbsp;<\/h2>\n\n\n\n<p>Formation of a Global Business Company (GBC) in Mauritius needs cooperation between different regulatory authorities. Every agency has its own responsibilities in relation to compliance, transparency, and efficient conduct of business.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Financial Services Commission (FSC)&nbsp;<\/h3>\n\n\n\n<p>The FSC is the main supervisory agency for GBC. The agency provides a GBC license known as a Mauritius Global Business License and supervises the companies under the Financial Services Act.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Registrar of Companies&nbsp;<\/h3>\n\n\n\n<p>This department deals with the incorporation of companies and&nbsp;maintains&nbsp;the register of the company. The GBC should reserve its name and register with the Registrar&nbsp;in order to&nbsp;become a separate entity.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Mauritius Revenue Authority (MRA)&nbsp;<\/h3>\n\n\n\n<p>The Mauritius Revenue Authority&nbsp;is responsible for&nbsp;handling tax compliance issues such as corporate tax filing, tax exemptions, and tax treaties. This body makes sure that the GBCs meet the requirements of the tax regime of Mauritius.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Economic Development Board (EDB)&nbsp;<\/h3>\n\n\n\n<p>The EDB works to attract investment into the country by portraying Mauritius as a financial centre of international significance. It gives direction for the requirement of economic substance and helps companies&nbsp;comply with&nbsp;the country&rsquo;s national development&nbsp;objectives.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Banking Institutions&nbsp;<\/h3>\n\n\n\n<p>Local and foreign banking institutions in Mauritius help GBCs to&nbsp;maintain&nbsp;corporate accounts, conduct multi-currency&nbsp;transactions, and offer trade finance facilities. These banks are also involved in source of funds verification and anti-money laundering.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Taxation of Global Business Companies in Mauritius&nbsp;<\/h2>\n\n\n\n<p>Taxation is one of the strongest arguments for an entrepreneur to set up a Global Business Company in Mauritius. The country provides a competitive system of taxation in line with international&nbsp;standards, yet&nbsp;maintaining transparency and compliance.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Corporate Tax&nbsp;<\/h3>\n\n\n\n<p>The rate of corporate tax applicable to GBCs is 15%. Yet, the partial exemption of some types of income (foreign dividends and interest, for instance) may lead to a reduced tax rate of 3%.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Foreign Tax Credits&nbsp;<\/h3>\n\n\n\n<p>The country provides for the possibility of foreign tax credits for income taxed overseas, thus ensuring that double taxation will not apply to the same income.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Relief from Double Taxation&nbsp;<\/h3>\n\n\n\n<p>The country of Mauritius makes use of various Double Taxation Avoidance Agreements (DTAAs) to offer relief measures which help in reducing tax burdens for international companies.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Dividend Taxation&nbsp;<\/h3>\n\n\n\n<p>The dividends paid by a GBC are not subject to any withholding taxes in Mauritius. This improves the effectiveness of dividends being paid to investors.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Capital Gains&nbsp;<\/h3>\n\n\n\n<p>Capital gains earned by the GBCs are exempted from taxes in Mauritius, making the country a suitable destination for investments.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Withholding Tax&nbsp;<\/h3>\n\n\n\n<p>Dividend, interest, and royalty income received from Mauritius are exempted from withholding taxes for non-residents, adding value to its cross-border attractiveness.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">VAT&nbsp;<\/h3>\n\n\n\n<p>There is Value Added Tax (VAT) at 15% on all goods and services used in Mauritius. Nevertheless, most of the international transactions conducted by GBCs fall outside the VAT scope.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">International Tax Treaties&nbsp;<\/h3>\n\n\n\n<p>Over 40 countries have tax treaties signed by the Government of Mauritius, which provide for low tax rates for cross-border payments and guarantee treaty protection to investors.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Tax Residency&nbsp;<\/h3>\n\n\n\n<p>For a company to be classified as a tax resident in Mauritius, the company needs to prove that there&nbsp;is&nbsp;effective management and control within the&nbsp;jurisdiction.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Transfer Pricing Considerations&nbsp;<\/h3>\n\n\n\n<p>Mauritius follows OECD standards for its transfer pricing regulations. GBCs need to ensure that their transactions with related parties are done on an arm&rsquo;s length basis.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">OECD Compliance&nbsp;<\/h3>\n\n\n\n<p>Compliance with the OECD and FATF is ensured as Mauritius follows the international norms, which are based on transparency, anti-money laundering procedures, and compliance with Base Erosion and Profit Shifting (BEPS) initiatives.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Compliance Requirements After Incorporation&nbsp;<\/h2>\n\n\n\n<p>Once the GBC has been registered in Mauritius, continuous compliance becomes vital&nbsp;in order to&nbsp;retain&nbsp;its license. The Financial Services Commission (FSC) places heavy obligations on this to ensure transparency and compliance with international standards.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Annual Returns&nbsp;<\/h3>\n\n\n\n<p>GBCs&nbsp;have to&nbsp;file annual returns before the Registrar of Companies&nbsp;regarding&nbsp;their shareholders&rsquo; and directors&rsquo; information.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Financial Statements&nbsp;<\/h3>\n\n\n\n<p>Companies are obliged to produce their financial statements according to the International Financial Reporting Standards (IFRS).&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Audit Requirements&nbsp;<\/h3>\n\n\n\n<p>It is compulsory for GBCs to carry out annual audits. Auditors&nbsp;have to&nbsp;examine the financial documents to guarantee correctness and conformity.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Annual License Renewal&nbsp;<\/h3>\n\n\n\n<p>The Global Business License of Mauritius should be renewed annually with the FSC together with the compliance paperwork.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Accounting&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;Accounting is the language of business, serving as the backbone of financial management and decision-making. It involves the systematic recording, analysis, and reporting of financial(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/accounting\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>Accounting<\/a> Records&nbsp;<\/h3>\n\n\n\n<p>The accounting records&nbsp;have to&nbsp;be&nbsp;maintained&nbsp;in Mauritius. The accounting records&nbsp;have to&nbsp;be&nbsp;accurate&nbsp;and must include all transactions and activities.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Board Meetings&nbsp;<\/h3>\n\n\n\n<p>Meetings of the Board of Directors&nbsp;have to&nbsp;be held in Mauritius, as this reflects proper management on location. Meeting minutes&nbsp;have to&nbsp;be prepared.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Economic Substance Compliance&nbsp;<\/h3>\n\n\n\n<p>The requirement for Economic Substance&nbsp;has to&nbsp;be fulfilled through employment of staff in Mauritius, expenditure in Mauritius and provision of office space.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Resident Directors&nbsp;<\/h3>\n\n\n\n<p>It is mandatory to have at least one resident director&nbsp;in order to&nbsp;ensure that there&nbsp;is&nbsp;local control and compliance with the FSC regulations.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Tax Filing&nbsp;<\/h3>\n\n\n\n<p>Taxes are to be filed annually to the Mauritius Revenue Authority (MRA) covering corporate taxes,&nbsp;exemptions&nbsp;and foreign tax credits.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Updating KYC Information&nbsp;<\/h3>\n\n\n\n<p>Know Your Customer (KYC) information should be kept&nbsp;up-to-date&nbsp;for the purposes of anti-money laundering requirements.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Anti-Money Laundering Compliance&nbsp;&nbsp;<\/h3>\n\n\n\n<p>AML compliance needs to be&nbsp;observed&nbsp;strictly and includes transaction monitoring and reporting of any suspicious activity.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Beneficial Ownership Documentation&nbsp;&nbsp;<\/h3>\n\n\n\n<p>Information&nbsp;regarding&nbsp;the identities of ultimate beneficial owners (UBOs)&nbsp;is required to&nbsp;be kept and made known to the relevant authorities.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Economic Substance Requirements for Mauritius GBCs&nbsp;<\/h3>\n\n\n\n<p>The economic substance requirements were put into place in Mauritius as a way of meeting OECD and FATF requirements&nbsp;in order to&nbsp;ensure that businesses incorporated in Mauritius have genuine business activity and are not just shell companies. The economic substance requirements help in&nbsp;maintaining&nbsp;a good reputation as a legitimate international financial centre and avoid tax haven concerns.&nbsp;<\/p>\n\n\n\n<p><strong>Why Introduced<\/strong>&nbsp;<\/p>\n\n\n\n<ul>\n<li>In order to&nbsp;meet international transparency standards.&nbsp;<\/li>\n\n\n\n<li>To prevent any kind of tax malpractices as per OECD BEPS (Base Erosion and Profit Shifting) principles.&nbsp;<\/li>\n\n\n\n<li>For safeguarding the position of Mauritius as an established&nbsp;jurisdiction&nbsp;for foreign investments.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Who&nbsp;is Required to&nbsp;Meet it?&nbsp;<\/h2>\n\n\n\n<p>All companies classified as Global Business Companies (GBCs) in Mauritius&nbsp;are required to&nbsp;have substance, especially those that&nbsp;require&nbsp;tax residency and treaty benefits.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Core Income&#8209;Generating Activities&nbsp;<\/h3>\n\n\n\n<p>The GBCs&nbsp;are required to&nbsp;perform their&nbsp;main business&nbsp;activities in Mauritius, such as investment, consultation, or trading activities.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Local Expenditures&nbsp;<\/h3>\n\n\n\n<p>It is necessary for a company to ensure that it incurs&nbsp;appropriate levels&nbsp;of expenditures in relation to its scale of operations&nbsp;in order to&nbsp;show economic substance.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Suitable Employees&nbsp;<\/h3>\n\n\n\n<p>It is necessary to have suitable local employees to meet substance requirements and conduct day-to-day business.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Board Meetings&nbsp;<\/h3>\n\n\n\n<p>The GBC should hold regular meetings within Mauritius and have minutes written to prove decision-making within the country.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Decision Making&nbsp;<\/h3>\n\n\n\n<p>Decisions of strategic importance need to be made within Mauritius in the presence of resident directors to achieve proper management and control.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Documentation&nbsp;<\/h3>\n\n\n\n<p>The right documentation on the activities undertaken, expenditure incurred, and management should be kept&nbsp;in order to&nbsp;prove the existence of substance.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Physical Office&nbsp;<\/h3>\n\n\n\n<p>It is compulsory for a GBC to have a physical office in Mauritius, which will be able to&nbsp;facilitate&nbsp;the operations of the company.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Consequences of&nbsp;Non-Compliance&nbsp;<\/h3>\n\n\n\n<p>Non-compliance with substance rules may lead to the following consequences:&nbsp;<\/p>\n\n\n\n<ul>\n<li>Lack of tax residence status.&nbsp;<\/li>\n\n\n\n<li>Withholding of any benefits under treaties.&nbsp;<\/li>\n\n\n\n<li>License suspension or revocation by the Financial Services Commission (FSC).&nbsp;<\/li>\n\n\n\n<li>Loss of reputation that can affect investors&rsquo; confidence.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Common Challenges While Setting Up a GBC&nbsp;in Mauritius&nbsp;<\/h2>\n\n\n\n<p>Although Mauritius is one of the most appealing destinations for foreign companies, entrepreneurs may come across some difficulties while registering for the Global Business Company (GBC). It is important to know about these potential problems in advance&nbsp;in order to&nbsp;facilitate&nbsp;the company&rsquo;s incorporation.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Regulatory Approvals&nbsp;<\/h3>\n\n\n\n<p>Getting approval from the Financial Services Commission (FSC) may take time, especially in case of vague applications or lack of proper documents.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Documentation Errors&nbsp;<\/h3>\n\n\n\n<p>Errors in documentation&nbsp;such as shareholders&rsquo; information, funds sources, or beneficial owners&rsquo; details&nbsp;can cause delays in the registration process.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Choice of Appropriate Structure&nbsp;<\/h3>\n\n\n\n<p>The choice of structure is crucial, as inappropriate alignment of business operations and GBC requirements can cause compliance problems in the future.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Compliance Cost&nbsp;<\/h3>\n\n\n\n<p>The GBCs&nbsp;have to&nbsp;comply with&nbsp;stringent governance, reporting, and auditing standards. As far as new businesses are concerned, such a compliance cost is extremely cumbersome without professional&nbsp;assistance.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Opening of Bank Account&nbsp;<\/h3>\n\n\n\n<p>For the opening of a bank account for the company in Mauritius, proper due diligence must be carried out, which will require substantial documentation.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Cross-Border Taxation&nbsp;<\/h3>\n\n\n\n<p>The issue of international taxation agreements and proper utilisation of foreign tax credits may prove difficult for businesses with cross-border operations.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Economic Substance Requirement&nbsp;<\/h3>\n\n\n\n<p>The issue of economic substance, that is, employing local&nbsp;manpower, incurring costs in Mauritius, and conducting board meetings there, among others, may prove problematic for small businesses.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Changing&nbsp;Regulations&nbsp;<\/h3>\n\n\n\n<p>Mauritius consistently amends its legislation so that it is in line with OECD and FATF requirements. It is important for businesses to be&nbsp;up-to-date&nbsp;on changes to avoid any problems with non-compliance.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Licensing Delays&nbsp;<\/h3>\n\n\n\n<p>Delays in the license issuance process may occur&nbsp;if an application is not completed or when regulators require&nbsp;additional&nbsp;clarification.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How&nbsp;Do&nbsp;Professional Consultants Simplify Mauritius GBC Registration?&nbsp;<\/h2>\n\n\n\n<p>The establishment of a Global Business Company in Mauritius requires many regulatory processes. Consultants make this process easier and more efficient by providing services in all aspects involved in setting up a company.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Legal Advisory&nbsp;<\/h3>\n\n\n\n<p>They offer legal advice concerning the structure of the GBC&nbsp;in accordance with&nbsp;the Financial Services Act. Thus, it is possible to avoid some mistakes that can lead to legal complications.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Documentation&nbsp;<\/h3>\n\n\n\n<p>Consultants prepare the incorporation documents, information about shareholders and the sources of funds, as well as the documents on beneficial ownership to avoid any mistakes.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Company Incorporation&nbsp;<\/h3>\n\n\n\n<p>Consultants coordinate with the Registrar of Companies to carry out all processes&nbsp;regarding&nbsp;incorporation,&nbsp;from name reservation to the filing of statutory forms.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Tax Advisory&nbsp;<\/h3>\n\n\n\n<p>Expert advice is offered on corporate tax matters, tax credits, and treaties so that companies can optimise their taxation position and&nbsp;comply with&nbsp;regulations.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Compliance Management&nbsp;<\/h3>\n\n\n\n<p>Management of compliance activities such as reporting, auditing, and economic substance is provided by consultants to alleviate the burden for entrepreneurs.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Licensing&nbsp;<\/h3>\n\n\n\n<p>They take care of the licensing process through FSC (Financial Services Commission), making sure that the Mauritius Global Business License is issued&nbsp;in a timely manner.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Corporate Secretarial Services&nbsp;<\/h3>\n\n\n\n<p>They offer services related to governance, such as keeping the statutory registers up to date, holding board&nbsp;meetings&nbsp;and adhering to corporate governance practices.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Bank Account Opening Support&nbsp;<\/h3>\n\n\n\n<p>Bank account consultancy services ensure proper opening of corporate bank accounts in Mauritius through coordination with local banks.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Risk Minimisation&nbsp;<\/h3>\n\n\n\n<p>With the ability to&nbsp;monitor&nbsp;regulatory changes, consultants can&nbsp;assist&nbsp;businesses in risk management, penalty avoidance, and upholding their reputation.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Cost Factors Involved in Setting Up a Mauritius GBC&nbsp;<\/h2>\n\n\n\n<p>Setting up a GBC (Global Business Company) in Mauritius will involve budgeting for both set-up costs and maintenance costs. Although different services and structures attract different costs, the following aspects usually make up the total cost involved:&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Government Fees&nbsp;<\/h3>\n\n\n\n<p>Charges that can be paid to the Financial Services Commission (FSC) and the Registrar of Companies will usually fall between USD 500 and USD 1,000.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Costs of Incorporation&nbsp;<\/h3>\n\n\n\n<p>Preparation and filing of documents&nbsp;regarding&nbsp;incorporation, shareholders&rsquo; information, and the articles of association cost about USD 1,000-2,000, depending on the complexity involved.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">License Fees&nbsp;<\/h3>\n\n\n\n<p>The Mauritius Global Business License&nbsp;requires&nbsp;FSC license fees, which are usually around USD 1,500- 3,000, plus annual fees for renewals.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Fees for Registered Office&nbsp;<\/h3>\n\n\n\n<p>Renting an office in Mauritius, either&nbsp;by means of&nbsp;a management firm or by leasing, costs approximately USD 500&ndash;1,000 yearly.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Local Resident Director Costs&nbsp;<\/h3>\n\n\n\n<p>Annual professional fees for appointing a resident director are estimated to be between USD 1,000&ndash;2,000 yearly, based on duties.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Fees for Professional Services&nbsp;<\/h3>\n\n\n\n<p>Legal experts, consultants, and accountants levy a fee of USD 2,000&ndash;5,000 for incorporation and corporate governance.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Compliance and Audit Costs&nbsp;<\/h3>\n\n\n\n<p>Yearly audit procedures, accounting statements, and returns cost an&nbsp;additional&nbsp;USD 2,000&ndash;4,000.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Banking Costs&nbsp;<\/h3>\n\n\n\n<p>Costs of&nbsp;establishing&nbsp;and maintaining a corporate banking facility with multi-currency services would be around USD 500 &ndash; 1,000 per year.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Renewal Costs Per Year&nbsp;<\/h3>\n\n\n\n<p>Cost of renewing Global Business License as well as statutory registrations would come out at about USD 1,500 &ndash; 3,000 per year.&nbsp;<\/p>\n\n\n\n<p>In total, the start-up fees&nbsp;required&nbsp;for incorporation of a Mauritius GBC are normally from USD 5,000 to 12,000, while the annual maintenance fees are around USD 4,000- 8,000 per year. Such costs make Mauritius a cost-effective&nbsp;jurisdiction&nbsp;in comparison to other offshore locations, while being well respected worldwide.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Mistakes to Avoid While Registering a GBC&nbsp;in Mauritius&nbsp;<\/h2>\n\n\n\n<p>The incorporation of a GBC in Mauritius is a well-defined process; however, any mistakes in the registration of the company will cause problems or even the denial of your application. There are several common traps that one should avoid when&nbsp;establishing&nbsp;a GBC:&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Wrong Choice of Structure&nbsp;<\/h3>\n\n\n\n<p>Choosing a structure that is incompatible with the desired business operations can cause problems with corporate governance and taxation.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Neglecting Taxes&nbsp;<\/h3>\n\n\n\n<p>Any negligence&nbsp;regarding&nbsp;corporate taxes, foreign tax credits, and treaties might increase your tax liability and prevent you from optimising them.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Mistakes in the Registration Documentation&nbsp;<\/h3>\n\n\n\n<p>Any mistakes in the documentation related to your shareholders, sources of funds, and beneficial ownership usually lead to delays at the stage of FSC&rsquo;s approval.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Not Maintaining Substance&nbsp;<\/h3>\n\n\n\n<p>In order to&nbsp;maintain&nbsp;your tax residence, you&nbsp;have to&nbsp;follow economic substance requirements like employment of local people, spending on local services, and conducting board meetings in Mauritius.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Inadequate Compliance&nbsp;<\/h3>\n\n\n\n<p>Failing to submit&nbsp;annual returns, conduct audits, and file the necessary documentation could attract sanctions and reputational risks.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Supplying Wrong Information&nbsp;<\/h3>\n\n\n\n<p>Sending wrong or out-of-date information in an application could result in denial and possible legal troubles.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Submitting Late Annual Returns&nbsp;<\/h3>\n\n\n\n<p>Filing late tax returns, audit documentation, or license renewal paperwork may lead to fines and undermine the firm&rsquo;s reputation.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Ignoring Licensing Obligations&nbsp;<\/h3>\n\n\n\n<p>There is a chance that your license will be suspended or cancelled if you do not renew the Mauritius Global Business License every year and if you do not meet the criteria set by the FSC.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Future Outlook&nbsp;of Mauritius as an International Business Hub&nbsp;<\/h2>\n\n\n\n<p>Mauritius keeps reinforcing itself as one of the preferred destinations for foreign investors. The proactive regulations, openness to transparency, and inclination towards innovation of the country make it a potential centre of global businesses.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Foreign Investments on the Rise&nbsp;<\/h3>\n\n\n\n<p>Mauritius is&nbsp;witnessing&nbsp;more and more&nbsp;foreign investments, especially in the realms of finance, real estate, and technology. A safe political climate and supportive policies attract global players.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Digital Transformation&nbsp;<\/h3>\n\n\n\n<p>The government of the country is taking steps towards digital transformation and promoting businesses related to financial technologies, online commerce, and the blockchain industry.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">African Expansion&nbsp;<\/h3>\n\n\n\n<p>Being a link to Africa, the country allows investors to reach emerging markets in Africa. Its geographical position and trade treaties make it a perfect point for expansion.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Financial Innovation&nbsp;<\/h3>\n\n\n\n<p>Innovation in finance, fintech innovations, green&nbsp;finance&nbsp;and sustainable investments are being promoted by the&nbsp;jurisdiction&nbsp;as part of the global trends towards responsible business.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">International Tax Transparency&nbsp;<\/h3>\n\n\n\n<p>In accordance with&nbsp;OECD and FATF recommendations, the country guarantees tax transparency internationally, thus making the&nbsp;jurisdiction&nbsp;reputable and cooperative.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Opportunities within Business&nbsp;<\/h3>\n\n\n\n<p>Industries like renewable energy, ICT,&nbsp;logistics, and professional services have been opening up&nbsp;more and more&nbsp;opportunities for diversification through investment.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Government Initiatives&nbsp;<\/h3>\n\n\n\n<p>Reforms and incentives have been continuously implemented by the Economic Development Board (EDB) to attract international businesses, such as through simplified licensing and economic substance compliance.&nbsp;<\/p>\n\n\n\n<div style=\"text-align:center; margin: 30px 0;\">\n  <a href=\"https:\/\/api.whatsapp.com\/send?phone=+16292766228&amp;text=Hi,%20I%20am%20Looking%20For%20GBC%20Formation%20Mauritius.\" style=\"\n       display: inline-block;\n       padding: 16px 36px;\n       background: linear-gradient(135deg, #1A73E8, #1558D6);\n       color: #ffffff;\n       text-decoration: none;\n       font-size: 18px;\n       font-weight: 600;\n       border-radius: 50px;\n       box-shadow: 0 6px 18px rgba(26, 115, 232, 0.35);\n       transition: all 0.3s ease;\n       letter-spacing: 0.5px;\n     \" onmouseover=\"this.style.transform='translateY(-3px)'; this.style.boxShadow='0 10px 24px rgba(26,115,232,0.45)'\" onmouseout=\"this.style.transform='translateY(0)'; this.style.boxShadow='0 6px 18px rgba(26,115,232,0.35)'\">\nHave Questions? Get Free Expert Consultation.<\/a>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Conclusion&nbsp;<\/h2>\n\n\n\n<p>Mauritius still stands out among the leading offshore&nbsp;jurisdictions&nbsp;owing to its stable regulatory system, favourable tax system, and geographically&nbsp;advantageous&nbsp;position at the crossroads of Africa, Asia, and Europe. Besides, strict observance of the OECD and FATF standards&nbsp;adds&nbsp;weight to the country&rsquo;s reputation as an internationally respected financial centre.&nbsp;<\/p>\n\n\n\n<p>Nevertheless, setting up a successful Global Business Company (GBC) demands proper planning on the part of entrepreneurs. They&nbsp;have to&nbsp;make sure their paperwork is right, get the required approvals in time, and adhere to various ongoing responsibilities, including annual reporting, audits, and economic substance requirements. Good corporate governance and effective compliance management are crucial if one wants to keep a good relationship with the Financial Services Commission (FSC) and the Mauritius Revenue Authority (MRA).&nbsp;<\/p>\n\n\n\n<p>Companies that are aware of their obligations from the very beginning will be able to&nbsp;operate&nbsp;efficiently, make use of the double taxation agreements concluded by Mauritius, and grow their business internationally. With some foresight and professional&nbsp;assistance, companies will be able to use Mauritius as their international hub.&nbsp;<\/p>\n\n\n\n<p>Planning on setting up a Global Business Company in Mauritius?&nbsp;<strong><a href=\"https:\/\/enterslice.com\/\">Enterslice<\/a><\/strong>&nbsp;provides all-round services, ranging from business formation, obtaining Global Business Licenses, tax planning, and financial services and compliance, among others, to make your international expansion easier and more efficient.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">FAQs Releated To&nbsp;Set Up a Global Business Company (GBC) in Mauritius<\/h2>\n\n\n<div class=\"saswp-faq-block-section\"><ol style=\"list-style-type:none\"><li style=\"list-style-type: none\"><h3>What is a Global Business Company (GBC) in Mauritius?&nbsp;&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">A GBC is a corporate entity licensed by the Financial Services Commission (FSC) to&nbsp;operate&nbsp;in the country for carrying out international business through the country, which has the benefit of various incentives, including tax exemptions and other treaties.&nbsp;<\/p><\/li><li style=\"list-style-type: none\"><h3>Who can set up a Global Business Company in Mauritius?&nbsp;&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">Foreign and local investors, individuals, and companies have the freedom to incorporate a Global Business Company if they fulfil the requirements for incorporation, appoint a local director, and meet the requirements laid down by the regulations of the country.&nbsp;<\/p><\/li><li style=\"list-style-type: none\"><h3>What are the benefits of incorporating a Global Business Company in Mauritius?&nbsp;&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">Some of the main benefits of setting up such a company in the country are lower tax rates, no capital gains tax, tax treaties, no dividend withholding tax, excellent regulation, and the location of Mauritius as a gateway to Africa and Asia.&nbsp;<\/p><\/li><li style=\"list-style-type: none\"><h3>How long does it take to register a Mauritius GBC?&nbsp;&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">Registration usually takes four to eight weeks, depending upon the accuracy of documentation, approval by relevant authorities, and licensing by FSC and the Registrar of Companies.&nbsp;<\/p><\/li><li style=\"list-style-type: none\"><h3>Is a Global Business License mandatory for a GBC?&nbsp;&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">Yes, a Global Business License has to be obtained compulsorily from FSC.&nbsp;Otherwise, a company cannot qualify as a GBC or enjoy the tax benefits of Mauritius.<\/p><\/li><li style=\"list-style-type: none\"><h3>What documents are&nbsp;required&nbsp;for Mauritius GBC registration? &#8239;&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">Incorporation&nbsp;documents, list of shareholders and directors, beneficial ownership details, source of funds declaration, company constitution, and KYC documents are essential.&nbsp;<\/p><\/li><li style=\"list-style-type: none\"><h3>What are the tax benefits of incorporating a GBC in Mauritius?&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">The tax benefits are as follows: 15% tax rate (3% with partial tax exemptions), foreign tax credits, capital gains&nbsp;exemption, no withholding taxes on dividends, and tax treaties to reduce cross-border tax liabilities.&nbsp;<\/p><\/li><li style=\"list-style-type: none\"><h3>What compliance requirements must a GBC fulfil after incorporation?&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">A GBC&nbsp;has to&nbsp;file annual reports, prepare audited accounts, have a valid license,&nbsp;maintain&nbsp;accounting books, hold board meetings in Mauritius, follow substance rules, and update KYC\/AML requirements.<\/p><\/li><li style=\"list-style-type: none\"><h3>Is it possible for a foreigner to own 100% of a Global Business Company incorporated in Mauritius?&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">Yes, it is possible for a foreigner to own 100% of a GBC. Full foreign ownership is allowed in Mauritius, subject to certain local compliance requirements like having a resident director.&nbsp;<\/p><\/li><\/ol><\/div>","protected":false},"excerpt":{"rendered":"<p>Mauritius has positioned itself as one of the most promising international financial centres by offering a stable economic environment, clear regulations, and effective connections worldwide. Over the last ten years, the island state has turned into a favourable territory for foreign entrepreneurs willing to set up efficient structures for cross-border business and investments. The state [&hellip;]<\/p>\n","protected":false},"author":100,"featured_media":90951,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"acf":{"service_id":"721"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to Set Up a GBC in Mauritius: Compliance Guide<\/title>\n<meta name=\"description\" content=\"Global Business Company (GBC) refers to a business organisation in Mauritius used by firms engaging mainly in activities outside the jurisdiction of Mauritius.\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterslice.com\/learning\/how-to-set-up-a-global-business-company-in-mauritius\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to Set Up a GBC in Mauritius: Compliance Guide\" \/>\n<meta property=\"og:description\" content=\"Global Business Company (GBC) refers to a business organisation in Mauritius used by firms engaging mainly in activities outside the jurisdiction of Mauritius.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterslice.com\/learning\/how-to-set-up-a-global-business-company-in-mauritius\/\" \/>\n<meta property=\"og:site_name\" content=\"Enterslice\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/enterslice\" \/>\n<meta property=\"article:published_time\" content=\"2026-08-04T11:47:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-08-04T11:47:12+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2026\/08\/How-to-Set-Up-a-Global-Business-Company-GBC-in-Mauritius.webp\" \/>\n<meta name=\"twitter:creator\" content=\"@enterslice\" \/>\n<meta name=\"twitter:site\" content=\"@enterslice\" \/>\n<!-- \/ Yoast SEO plugin. -->","authorName":"Seo Team","authorImageUrl":"https:\/\/secure.gravatar.com\/avatar\/a4b52bd8c3668a1392e2e971a9619fb3?s=96&r=g","authorDescription":"","postViews":8,"readingTime":19,"nextPost":null,"prevPost":{"id":90937,"slug":"dubai-media-city-vs-ajman-media-city-free-zone-which-is-best-for-your-business"},"featuredMediaUrl":"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2026\/08\/How-to-Set-Up-a-Global-Business-Company-GBC-in-Mauritius.webp","postTerms":"Startup","_links":{"self":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts\/90948"}],"collection":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/users\/100"}],"replies":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/comments?post=90948"}],"version-history":[{"count":7,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts\/90948\/revisions"}],"predecessor-version":[{"id":90956,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts\/90948\/revisions\/90956"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media\/90951"}],"wp:attachment":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media?parent=90948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/categories?post=90948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/tags?post=90948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}