Jurisdictions
Regions
Industry Sectors
Fact File
Fact File Supplied By
AAMIL Ltd.
Location
Indian Ocean
Time zone
Greenwich Mean Time +3/4 winter
Population
1,300,000
Capital
Port Louis
Airport(s)
SSR International Airport
Language
English, French, Hindi, Urdu, Chinese.
Currency
Mauritian rupees (Rs).
Political system
Democratic parliamentary system
International dialing code
+230
Legal system
Hybrid, mix of common law and civil law.
Centre's expertise
Tourism, Financial Services, Agriculture and Textile.
Personal income tax
15%.
Corporate income tax
80% exemption on certain income derived by GBCs.
Exchange restrictions
No.
Tax Information Exchange Agreements
Yes, under the CRS and FATCA reporting.
Double Taxation Agreements
46
Permitted currencies
Any currency. A GBC may open an account in Mauritian currency to meet day-to-day ordinary operations in Mauritius.
Minimum authorised capital
No authorised capital, but stated capital (minimum USD 1.00).
Minimum share issue
One share.
Shelf companies
Not allowed.
Timescale for new entities
7-15 days.
Incorporation fees
$800 for AC, $2,000 for GBL companies.
Annual fees
$350 for AC, $1,950 for GBL companies.
Minimum number
Two for GBC.
Residency requirements
GBC companies only, for tax residency purposes.
Corporate directors
Allowed for Authorised companies only.
Meetings/ frequency
Yes, for GBC companies/not specified.
Disclosure
Yes for GBC & AC.
Bearer shares
No.
Minimum number
One.
Public share registry
No for GBC and AC.
Meetings/frequency
Yes for GBC/at least once a year.
Annual return
Yes.
Audit requirements
Yes, for GBC only.
Registered office
Yes.
Domicile issues
No.
Company naming restrictions
Very few.
