GENERAL

Company Legislation

The Companies Act 2001 and the Financial Services Act 2007

Approved Activities

Any lawful activity on a case-by-case basis, provided that the centre of economic activity lies “outside” Mauritius and as classified in the Financial Services Act 2007, as indicated above

Name

Prior approval required – some wording sensitive

Time to Incorporate

A maximum of 30 days, provided that all required information is received

Availability of Shelf Companies

Not permitted

Confidentiality

High

TAXATION

Corporate Taxation

Subject to Mauritius tax at 15% on profit but eligible for a “deemed” foreign tax credit which brings the effective tax rate to 3%

Withholding tax on dividends, interest or royalties

None

Capital Gains Tax

None

Access to Double Taxation Avoidance (DTA) treaties

Yes

Tax Credit Available

Yes

Exchange Controls

 No

SHARE CAPITAL

Required share capital

No minimum (except for Insurance and Leasing Companies, Fund Managers etc

Stated Capital

Standard USD 1,000

Standard Currency

USD

Permitted currencies

Any currency other than Mauritian Rupee

MEMBERS

Minimum number of shareholders

One (members may be individual or corporate)

Publicly accessible records

No

Location of meetings

Mauritius – by proxy

DIRECTORS

Minimum Number Required

One

Corporate Directors Permitted

No

Tax Residency

Must have at least two Directors resident in Mauritius for tax treaty access