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Mauritius - GBC1 Formation Key Information

Updated time: Feb 3, 2018 , 10:59 (UTC+08:00)

Mauritius - GBC1

General
Type of entity GBC I
Type of law Hybrid
Shelf company availability No
Our time to establish a new company Normal 7 working days
4 working days in urgent
Corporate Taxation Varies from 0% to 3%
Double taxation treaty access Yes
Share Capital or Equivalent
Standard currency US$
Permitted currencies Any except MUR
Usual Minimum issued US$ 1
Usual authorized US$ 100,000
Directors or Managers
Minimum number Two
Local required 2 required
Publicly accessible records No
Location of meetings Anywhere, but include at least 2 directors
from Mauritius
Members or Shareholders
Minimum number One
Publicly accessible records No
Location of meetings No, member can authority to
local director
Company Secretary
Required Yes
Local or qualified Yes
Accounts
Requirement to prepare Yes
Audit requirements Yes
Requirement to file accounts Yes
Publicly accessible accounts No
Others
Requirement to file annual return Yes
Change in domicile permitted Yes

Documents required from customers

  • Passport of each shareholder/beneficial owner and director
  • Proof of residential address of each director and shareholder (Must be in English or certified translation version)
  • The proposed company names
  • The issued  share capital and par value of shares


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