Why Should You Incorporate Your Company in Mauritius?
ADVANTAGES OF COMPANY FORMATION IN MAURITIUS
The Island Nation of Mauritius has shown promising development in the last few years. From an economy that heavily relied on sugar, Mauritius has come to include Textile, Finance, Tourism and Apparel as the major economic activities as well. Mauritius is striving to equip itself with a highly skilled labour force and an extremely good infrastructure thereby attracting investors to start a business in Mauritius.
Low Tax Jurisdiction.
It has democratic government and is known for political stability.
It offers individuals a lucrative tax regime – no inheritance tax, no capital gains tax, and no customs duty.
The literacy rate is over 80% as a result of which the workforce is highly qualified.
They‘ve enacted policies in order to protect foreign investors hence it is safe and well regulated jurisdiction to conduct global business.
Easy company setup process.
Convenient time zone for eastern as well as western countries.
REQUIREMENT TO OPEN A COMPANY
Minimum 1 Directors and 1 Shareholder (any nationality).
Required 1 Resident Company Secretary.
Minimum Capital Requirement US$1.
Registered Local office address.
Shareholding Company's Memorandum and Articles of Association.
Photocopy of ID Cards and Passport for Directors.
Address Proof of Director (Utility Bills).
Certified copy of Constitution of the shareholding company.
Incorporation of the company
Provision of Corporate Address
Registration with the Registrar of Companies
Services for Registered address
Services for Company Secretary
Company Stamp and Seal
Application for Tax Residency Certificate
Opening of Bank Account
It usually takes 15-20 days for incorporation of company in Mauritius"