• Offshore Incorporation
• MAURITIUS
• Tax Treaties

MAURITIUS - GLOBAL BUSINESS COMPANY I
Our Fees :	£2,475
Renewal :	£2,100

MAURITIUS GBC I

GBC I is a corporation holding a Category I Global Business Licence engaged in various activities including those involving capital raising from the public. It is characterized by its provisions for investor's protection and as such, it is required to file with the FSC annual audited financial statements.

A GBC I may be set up by direct incorporation or by registration of a branch of a foreign company, or by way of continuation where it is allowed by law in the country of origin. GBC I does have access to Mauritius's tax treaties provided that the local tax authorities are satisfied that effective control and management of the foreign company is in Mauritius.

Any individual, body corporate, trust or partnership including a limited partnership or a societe may apply for a Global Business Licence. There are three main types of corporate vehicles available namely: public company, private company and foreign company (i.e. branch of a company established in a foreign jurisdiction).

KEY FEATURES

• May or may not have a Constitution.
• One shareholder allowed.
• Corporate shareholder allowed.
• One share allowed.
• One director allowed.
• Company may be limited by shares or guarantee or by both.
• The shares of the company may be issued with or without a par value provided that all ordinary shares or all preference shares of the company shall consist of one kind or the other.
• Par value shares if any may be stated in more than one currency.
• Where authorised by the terms of its licence the company may lease, hold, acquire or dispose of immovable property or any interest in immovable property situated in Mauritius.
• Invest in any securities listed on the Stock Exchange.
• Open and maintain with a local bank an account in Mauritian currency for the purpose of its day to day transactions arising from its ordinary operations in Mauritius
• Open and maintain with a bank an account in foreign currencies.
• The company shall keep a register to be known as the Register of Directors, in such form as approved by the Directors (electronic or magnetic or otherwise), containing the names and addresses of directors of the company, their appointment dates and the date of resignation/removal. When the Register is electronic or magnetic or other storage data form, the company must be able to produce legible evidence of its contents.
• Remuneration of directors may be fixed subject to the Constitution of the company or in a unanimous shareholders agreement, by a resolution of director.
• May not hold shares, debenture, security or any interest in a local company or a Category 2 GBC.

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