There are several options for offshore companies in Mauritius. The most important starting point is for us to understand your business, to see what purpose you have for the Mauritius offshore company formation, and then to make sure it is executed offering you the fiscal and tax advantages of Mauritius, whilst ensuring that it is a legitimate and lawful model.
The three main Mauritius offshore options are a Global Business Company (GBC), an Authorised Company (AC), and a domestic company. Each of these are suitable in different circumstances, although GBCs are likely to be the most useful vehicles for investment and trade.
Mauritius offshore company setup timeframes
Mauritius offshore company formation takes between a few day and 6 weeks depending on what is set up. A domestic company takes a few days and a Global Business Company takes 4-6 weeks including the setting up of an offshore bank account which is usually what slows things down. If you require a special licence such as an Investment Adviser Licence or a Payment Intermediary Service Licences, then this can take several months.
Mauritius offshore company formation Documentation
You should expect that with all Mauritius offshore company setups, the documentary requirements for KYC on directors and shareholders to be thorough. The Mauritius offshore company Business Plan will also need enough detail to reassure the FSC and the banks, that the operations of the company will be legitimate, and that the Mauritius offshore company formation will not be used for illegal means.
Items to consider with Mauritius offshore Company setups
- As you will require local directors for a company based in Mauritius, you will not need to attend Mauritius to set up offshore companies or offshore bank accounts.
- The first year is always the most expensive year for Mauritius offshore companies with the second year onwards being reduced.
- Always bear in mind that there are many administrative tasks not automatically included in management companies’ fees and so make sure you understand fully the financial price of the Mauritius offshore sector before setting something up.
There is a large variety of Management Companies, some with more global links, others specialised on locations or specific types of licences, it is wise to do a lot of homework before setting up an offshore company in Mauritius.
If you want to set up your offshore company in Mauritius, TBI Mauritius offers you an unparalleled quality of service to build a strong foundation for your business in Mauritius. We put our clients first and ensure that all the business procedures and legalities are carefully met in a well-organised and professional manner.