Global Business Company

• GBL benefits from Double Taxation Avoidance Agreement (DTAAs) with 46 countries.

• GBL is a tax resident structure and is subject to an effective tax rate of 3% or 15% depending on its activity and categories of income.

• No exchange control and free repatriation of profits and capital. There is an ability to structure debt and financial instruments as well.

• No Capital Gains Tax (CGT)

To satisfy the substance requirements of the FSC, a GBC must:

• Have 2 directors resident in Mauritius

• Conduct business principally outside Mauritius;

• Carry out its core income generating activities in, or from, Mauritius;

• Keep its accounting records at its registered office in Mauritius;

• Have its financial statements audited in Mauritius.

• Employ, either directly or indirectly, a rational number of suitably competent persons to perform its core activities;

• Maintain its principal bank account in Mauritius at all times;

• Have a minimum expenditure rate which corresponds to its level of activities;

• Be managed and controlled from Mauritius; and

• Be administered by a Management Company.

• Application for specialised licence (if any required) and liaising with the authorities
• Company incorporation
• Company administration
• Provision of directors, secretary and nominee shareholders
• Processing of transfers
• Payment of regulatory fees
• Maintenance of books and accounting records
• Preparation and filing of financial statement and annual tax return