Depending on your unique requirements, our company setup specialists will identify whether a GBL, Domestic Company, Trust or Freeport Company is more applicable and provide a roadmap to get your business off the ground.
Minimum of 10 resident fulltime professionals and at least 3 at senior management level.
Physical Office in Mauritius.
A Primary Bank account in Mauritius.
8 Year Tax Holiday.
LEVY ON CORPORATES
A company, having gross income exceeding Rs 500 million in an accounting year or if it forms part of a group of companies where the gross income of the group exceeds Rs 500 million, will be subject to a levy on its annual gross income at the rate of:
(i)0.3% for insurance companies, financial institutions, service providers and property holding companies; and (ii)0.1% for other companies.
The levy will not apply to a company which operates in the tourism sector or which holds a Global Business License.
Commercial Viability.
SOLIDARITY LEVY
As from the income year 2020-2021, the levy will be applied on the chargeable income plus dividends in excess of Rs 3 million of a Mauritian citizen at the rate of 25%.
Lump sum income received by a person is excluded from the computation of the Solidarity Levy.
The Pay As You Earn (PAYE) system will apply to the Solidarity Levy.
Solidarity Levy on Telephony Service Providers.
Alternative Minimum Tax on companies carrying on life insurance business.
AFRICA STRATEGY
Financial Hub for Africa: Robust network of bilateral 20 DTAAs and 23 IPPAs with a number of African States.
Preferential Market Access: SADC and COMESA.
Permanent Joint Commission: To establish sectorial framework and bilateral agreements with selected countries.
Special Economic Zones: Ghana, Madagascar, Senegal, Cote d’lvoire.