Category 2 Global Business Company (GBC2)

Category 2 Global Business Company (GBC2) is incorporated in Mauritius with the Financial Services Commission under the Financial Services Act 2007 to carry out its activities outside Mauritius. A GBC2 is non-resident for tax purposes in Mauritius and hence is tax exempt. It is also not qualified to take protection of the tax treaties to which Mauritius is a party and does not have any reporting requirement in Mauritius.

A GBC2 can be incorporated or continued from another jurisdiction or converted from a Mauritian GBC1. It can also migrate to another jurisdiction if allowed in the other jurisdiction.

Mauritian Trusts

A Trust comes into existence when an individual or a legal entity (settlor) gratuitously transfers the legal ownership of assets (trust property) to another person or persons (trustees) to hold for the benefit of other person(s) termed as the beneficiaries or for a specific purpose.

Confidentiality is ensured through the absence of non-disclosure requirements as regards the settler or beneficiary.

Fund

Over the years, Mauritius is now well known as a leading regional financial centre for Global fund structuring and administration for targeted investments mainly in Indian, Asian, Middle East and African countries.

A Fund is one where the company’s business consists of investing its funds mainly in securities with the aim of spreading investment risks and giving members of the company the benefit of the results of the management of its funds.  Although registered under the Companies Act 2001 and licensed as a Category 1 Global Business Company under the Financial Services Act 2007, the fund is regulated under the Securities Act 2005 as amended in 2007.

Main Features:

• Can be an open-ended or close-ended company
• Qualified to be Mauritian tax resident and thus may take advantage of the benefits under tax treaty network
• Taxable at concessionary income rate: maximum of 3% and are exempt from capital gains
• No withholding tax on payment of dividends, interests and royalties

Virtual Office

A Virtual Office is almost to be taken literally, it has the address of an office, the telephone numbers of an office and even the meeting rooms of an office, except for one determining factor, you do not have to be actually in the office. 

Whether you are looking for an address, or based abroad trying to establish yourself in Mauritius, our Virtual Office offer our clients a professional and unique tailor-made service.