Licensing and Franchising

We provide the necessary services for the setting up of entities in order to receive royalties from the licensing or exploitation of intellectual property (copyright and patents). These royalties may be exempt from withholding taxes if properly structured to benefit under double taxation agreements which Mauritius has with various countries.

Royalties will normally attract withholding tax in the country of origin and will be taxed in the resident country of the owner of the intellectual property. However, GloConsult advises clients on how to maximise the amount of royalties yielded from the international licensing and franchising of copyright protected works and patented inventions.

This will involve the use of an appropriate structure set up in an appropriate jurisdiction so as to receive these royalty payments with low corporation tax rates and which is additionally granted access to double taxation agreements with low or no withholding taxes.