Features of Mauritius Offshore Company (GBC2)

Type of Company GBCII
Political Stability Good
Common or Civil Law Hybrid
Disclosure of Beneficial Owner No
Migration of Domicile Permitted Yes
Tax on Offshore Profits Nil
Language of Name Latin Alphabet
Minimum Number of Shareholders One
Minimum Number of Directors One
Bearer Shares Allowed Yes
Corporate Directors Permitted Yes
Company Secretary Required No
Standard Authorised Share Capital Unlimited
Registered Office/Agent Yes
Company Secretary No
Local Directors No
Local Meetings No
Government Register of Directors No
Government Register of Shareholders No
Annual Return No
Submit Accounts Yes
Minimum Annual Tax/License Fee US$135 to FSC US$65 to ROC
Annual Return Filing Fee N/A

General Information


Mauritius is situated in the Indian Ocean approximately 800 km off the East Coast of Madagascar.


The population of the Island is approximately 1,200,000 made up principally by people of European, African, Indian and Chinese origin. Mauritius takes pride in the fact that these different cultures co-exist in peace and succeed in creating a cultural entity that is distinctly Mauritian.

Political Structure
The British ruled Mauritius for 158 years until 12 March 1968 when it became an independent country within the Commonwealth. The Republic of Mauritius is a Westminster style democracy. The President is the Head of State and Commander in Chief. Full executive power rests with the Prime Minister who is Head of Government. The Members of Parliament are elected every five years by popular vote and a number of political parties contest the elections, reflecting the country’s firm commitment to a multi-party-political system.

Since independence in 1968, Mauritius has developed from a low income, agriculturally based economy to a middle-income diversified economy with growing industrial, financial, and tourism sectors. For most of the period, annual growth has been of the order of 5% to 6%.

The government’s development strategy centres on foreign investment. Mauritius has attracted more than 15,000 offshore entities, many aimed at commerce in India and South Africa, and investment in the banking sector alone has reached over US$1 billion.

The economy in 2000 grew by 8.9% and the Gross National Income per capita at market prices reached 101,948 rupees. Unemployment rate for 2000 is estimated at about 8.0% while inflation stood at 4.2%.


English is the official language. However, the Mauritian population is largely bilingual, being equally fluent in English and French. Creole is also spoken and understood by everyone.



Mauritian Rupee.


Exchange Control 



Type of Law 

Common Law for corporate matters.


Principal Corporate Legislation

The Companies Act 2001.
Financial Services Act 2007.


Company Information


Type of Company for International Trade and Investment?

A Company holding a Category 2 Global Business License which is similar to a British Virgin Island International Business Company and is non-resident for tax purposes.


Procedure to Incorporate 

Submission of the Memorandum and Articles of Association and a Certificate from the Registered Agent confirming compliance with the requirements of the Ordinance. The application must be supported by a Legal Certificate issued by a local Lawyer certifying that local requirements have been complied with. Finally, directors and shareholders must execute consent forms and these must be filed with the Registrar of Companies.


Restrictions on Trading 

Companies holding a Category 2 Global Business License cannot trade within the Republic of Mauritius.

Powers of Company

A company incorporated in the Republic of Mauritius has the same powers as a natural person.


Language of Legislation and Corporate Documents

The legislation is in English; the documentation may be expressed in any language but must be accompanied by a certified English translation.

Shelf Companies Available


Name Restrictions 

Any name that is identical or similar to an existing company or any name that suggests the patronage of the President or the Government of Mauritius.

Language of Name

English or French.

Names Requiring Consent or a License

The following names or their derivatives: assurance, bank, building society, Chamber of Commerce, chartered, co-operative, government, imperial, insurance, municipal, royal, state or trust or any name which in the opinion of the Registrar suggests the patronage of the President or the Government of Mauritius.


Suffixes to Denote Limited Liability

Limited, Corporation, Incorporated, Public Limited Company, Sociét?Anonyme, Sociét’ Anonyme Responsabilit Limitée, Sociedad Anónima, Berhad, Proprietary, Naamloze Vennootschap, Besloten Vennootschap, Aktiengesellschaft or the relevant abbreviations.


Disclosure of Beneficial Ownership to Authorities 




Stated Share Capital

There is no limit to the number or value of shares that can be issued.

Classes of Shares Permitted 

Registered shares, preference shares, redeemable shares and shares with or without voting rights.



A Company holding a Category 2 Global Business License does not pay any tax on its worldwide profits to the Republic of Mauritius authorities.


License Fees

US$ 135 per year to FSC.
US$ 65 per year to the Registrar of Companies.


Financial Statement Requirements

Companies holding a Category 2 Global Business License are required to maintain financial statements to reflect their financial position but are not required to file accounts with the authorities.


Minimum one, who may be natural person or a body corporate.

Company Secretary 




The minimum number of shareholders is one.