Mauritius AC Non-resident Company Formation
Mauritius, officially the Republic of Mauritius, is an island nation in the Indian Ocean located approximately 2,000 km off the southeast coast of the African continent. The country encompasses the islands of Mauritius and Rodrigues, along with the outer islands. The total land area of Mauritius is 2,040 km2, with its capital city being Port Louis, the largest in the nation.
Since gaining independence in 1968, Mauritius has undergone a remarkable transformation. Initially, it was a low-income, agriculturally based economy, but it has evolved into a middle-income diversified economy with thriving industrial, financial, and tourism sectors. Throughout most of this period, the country has achieved an annual growth rate averaging between 5% and 6%.
Mauritius has strategically focused on attracting foreign investment as a key driver of its economic development. Consequently, the nation has drawn the interest of more than 15,000 offshore entities, targeting business activities in South Africa and India. Investments in the banking sector alone have surpassed 1 billion US Dollars.
One distinctive feature of Mauritius is its legal system, which operates as a hybrid, drawing from both English and French law traditions.
Mauritius AC Non-resident Companies are entities that do not generate income from sources within Mauritius. These companies are not subject to taxation in the country, making them an attractive option for international businesses seeking tax-efficient solutions.
The welcoming business environment and tax advantages offered to Mauritius AC Non-resident Companies have made the nation a hub for international commerce and investment.
For additional information about Mauritius AC Non-resident Companies, you can check the site Consil Formation.
Advantages of Mauritius AC Non-resident Company Formation:
If you are interested in the Mauritius AC N0n-Resident Company Formation, you can contact us any time.
Summary of Mauritius AC Non-resident Company and main characteristics:
| General Information | |
|---|---|
| Type of company | Authorised Company (AC) |
| Corporate Legislation | Companies Act 2001 and licensed under the Financial Services Act 2007 |
| Taxation | Corporation Tax – 0%, a Mauritius GBC2 is not considered as a Mauritius tax resident company without having transactions with Mauritian residents or in Mauritian currency; Tax on Dividends – 0%, No taxes of any sort. |
| Currency | Standard Currency US$ The share capital can be denominated in any currency, except MURs. |
| Paid up capital requirement | No paid up capital required |
| Time zone | GMT+4 |
| Directors | |
| Minimum no. required | 1 |
| Local Director required | No |
| Location of Meetings | Anywhere |
| Shareholders | |
| Minimum no. required | 1 |
| Location of Meetings | Anywhere |
| Company Secretary | |
| Required | Optional |
| Local Secretary required | No |
| Registered office required | Yes, local registered address |
| Share Capital | |
| Standard Currency | US$ |
| Standard Authorized Capital | 1.000 US$ |
| Minimum paid up capital | The minimum capital requirement for a Mauritius AC is US$1 |
| Accounting Requirements | |
| Preparation of accounts | Required (can be completed by Consil Formation) |
| Requirement for audit | A Mauritius AC is not subject to audit requirements. |
| Accounts public accessible | No |
| Requirement to file Annual Return | A Mauritius AC is required to file an annual return with a summary of its financial position within 6 months from the year end. (can be completed by Consil Formation) |
| Further Information | |
| Bearer shares | No |
| Confidentiality | Yes |
| Nominee services | Available |
| Need to travel | No |
| Apostille | Yes, Hague Convention 1961 |
| Owners | Individuals or Corporate |
Register your Mauritius AC Non-resident Company
- Document Notarization per document: € 500
- Bundle of documents Notarization;
- Document Apostillation per document;
- Bundle of documents Apostillation.