Company registration in Mauritius

Mauritius is a small island state in the Indian Ocean in Southeast Africa. It is also a major financial and business center in the region. Its favorable location at the crossroads of trade routes makes it famous for starting businesses in various fields.
However, to successfully open an offshore company in Mauritius, you must know the specifics of local legislation. Otherwise, you risk encountering rejections that will lead to time loss. Lawtter Solutions offers clients company registration services on the island of Mauritius on the most favorable terms. We offer affordable prices and fast registration.

Order a service


5 700 EUR*

Cost of service

2-3 days

Time required for registration

0%, 28% – 34%

Income tax

Without personal visit

Type of company registration

Benefits

Advantages of Company Registration in Mauritius

Registering a company in Mauritius offers several significant benefits. We describe them further.

01

Developed Offshore Legislation

Revenues from offshore companies constitute a significant portion of Mauritius' budget. Therefore, the jurisdiction has developed the most simple and understandable legislation for the activities of such organizations.
02

Advantageous Geographical Position

Mauritius is located in Southeast Africa, at the crossroads of trade routes in the Indian Ocean. Trade routes to the south of Africa, Asia, and Australia are nearby. Mauritius is advantageous in logistics and well-suited for trading and logistics companies.
03

High Level of Confidentiality

The data of the final beneficiaries, indicated during company registration, are not stored in the Register. The register of shareholders and directors is closed. Information can be obtained from it only at the court's request.
04

The possibility of 100% ownership of the company for a non-resident

The owners of companies in Mauritius can be citizens of any country. The jurisdiction does not require resident ownership of the company.
05

Remote Registration

It is not necessary to visit Mauritius to open a company. This can be done online.

Before registering a company in Mauritius, it is necessary to choose its type. Businesses in Mauritius operate most often under such forms of ownership.

Sole Proprietorship

A sole proprietorship is a good choice for those who intend to run a small business in Mauritius. Taxes are very favorable for entrepreneurs in this jurisdiction, but there are also many restrictions. In particular, there is a certain threshold of income, limitation of the number of personnel, etc.

 

Domestic Company – DC

Domestic Company is used to conduct activities with residents of Mauritius such as trading, consultancy services, investment holding, and acquisition of immovable property under the Mauritius Real Estate Development Scheme. A local company can also apply for a Freeport license for warehousing, transshipment and/or processing products in the Freeport sector.

 

Global Business Company – GBC

This type of entity is frequently used for offshore registration in Mauritius. This somewhat flexible company allows you to comfortably conduct business both in the jurisdiction’s territory and outside of it.

 

Authorized Company – AC

The most popular type of company for offshore registration was largely developed for non-residents. It also provides a flexible structure and convenient business management. Tax and reporting requirements are loyal here. For example, a non-resident director can be appointed here.

 

Limited Partnerships

A limited partnership assumes one general partner, and the rest are limited partners. The general partner bears full responsibility for the company’s obligations. Others have limited liability.

Several requirements must be met to open a company in Mauritius. Read about them below.

Director

Companies must have at least one director. For AC companies, the director can be a non-resident; in the case of GBC and DC, a resident must be appointed. The minimum age of the director is 18. The director must not be on sanctions lists or a resident of a sanctioned country.

 

Shareholder

To register a business in Mauritius, you must have at least one shareholder. The minimum age of the shareholder is 18. They must not be on sanctions lists or a resident of a sanctioned country. A shareholder can be a non-resident of Mauritius.

 

Legal Address

The company must have a legal address in Mauritius.

 

Name

The name must be unique. All company types can end in either LTD or Limited.

 

Share Capital

Mauritian law does not set a minimum share capital for a company. You can start work with authorized capital from USD 1.

 

Local Account

There is no requirement to have a local account in Mauritius. You can work with an account in a bank in any country.

 

Registration Agent

According to the law of Mauritius, there is a requirement for the presence of a local registration agent in the company. You can open a local company only with their help.

 

Reporting

All companies are required to prepare and submit reports within the specified period.

The territorial principle of taxation applies in Mauritius. Tax is paid only on the profit received from Mauritius resident companies.

Income Tax

The income tax for non-resident companies is 0%, and residents of Mauritius must pay a tax of 15%.

 

Withholding Tax

There is no withholding tax in Mauritius.

 

VAT

The basic rate of VAT in Mauritius is 15%. However, the base rate has been reduced to 0% for some categories of goods.

According to Mauritius law, all companies are required to prepare and submit reports to the tax authorities, regardless of whether they are liable to pay tax or not. The following documents must be submitted.

Annual Report

All companies, without exception, submit an annual report. The company’s reporting period is 12 months but does not coincide with the calendar year. The fiscal year in Mauritius runs from July 1 to June 30.

 

Audit

The audit is mandatory for all companies except AC. Furthermore, companies whose turnover does not exceed Rs. 100 million are not audited.

 

VAT Reporting

The VAT report is submitted monthly or quarterly, depending on the company’s turnover. The VAT report must be submitted within 20 days of each month following the reporting month.

Documents

Documents Required For Registration

To register a company in Mauritius, you must submit a package of documents. It includes:

  • Identification documents. A copy of a passport or ID will do.
  • Confirmation of residential address. You can provide a bank account statement, utility bill, or other document.

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