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.

The main activities which qualify for a GBC2 licence are:

• International Trading
• Marketing
• Shipping and ship management
• Invoicing

A GBC2 is not allowed to undertake certain activities among which are  asset management, insurance, mutual funds, banking or professional financial services.