1/4🇲🇺 Mauritius: A Great Jurisdiction for Business
October has been a turbulent month. In France, a wave of protests affected more than 700 schools and led to around 5,000 arrests. In Mauritius, protests over water supply disruptions and the rising cost of living broke out last week. On 19 October, the Government of Mauritius lifted the curfew, citing a favourable evolution of the situation. Unrest is rare there, and the island is considered one of Africa’s most stable democracies. That is why Mauritius remains one of the strongest jurisdictions for business.
Two company forms:
🇲🇺 GBC (Global Business Company)
🔵 Tax: the standard rate is 15%, but 80% of certain types of qualifying foreign income is exempt from tax. The resulting effective rate on such income is 3%
🔵 Mauritius has no capital gains tax and no withholding tax on dividends
🔵 Condition: real presence — two resident directors and a local office
🔵 Who it suits: holding companies and investment structures, projects for which access to tax treaties matters
🇲🇺 Authorised Company
🔵 Tax: the company is treated as non-resident and pays tax only on Mauritian-source income
🔵 Condition: management is carried out outside Mauritius; substance requirements are lighter
🔵 Who it suits: international trade and service businesses
💰 VASP Crypto License
Mauritius is one of the most well-developed jurisdictions for crypto outside the EU.
🔵 Regulation: virtual assets are regulated by the VAITOS Act 2021, with supervision by the Financial Services Commission (FSC)
🔵 Flexibility: the law provides for five classes of VASP licenses, as well as registration of token issuers. In other words, the license can be matched to a specific model: an exchange, a custody service, a wallet or brokerage services
🔵 Condition: a physical office in Mauritius is mandatory, and the business must be managed from the island
🔵 Who it suits: crypto projects focused on Africa, Asia and the Middle East that need a recognised license outside MiCA
✉️ We will find the right structure and license in Mauritius for your business @PfserBot
October has been a turbulent month. In France, a wave of protests affected more than 700 schools and led to around 5,000 arrests. In Mauritius, protests over water supply disruptions and the rising cost of living broke out last week. On 19 October, the Government of Mauritius lifted the curfew, citing a favourable evolution of the situation. Unrest is rare there, and the island is considered one of Africa’s most stable democracies. That is why Mauritius remains one of the strongest jurisdictions for business.
Two company forms:
🇲🇺 GBC (Global Business Company)
🔵 Tax: the standard rate is 15%, but 80% of certain types of qualifying foreign income is exempt from tax. The resulting effective rate on such income is 3%
🔵 Mauritius has no capital gains tax and no withholding tax on dividends
🔵 Condition: real presence — two resident directors and a local office
🔵 Who it suits: holding companies and investment structures, projects for which access to tax treaties matters
🇲🇺 Authorised Company
🔵 Tax: the company is treated as non-resident and pays tax only on Mauritian-source income
🔵 Condition: management is carried out outside Mauritius; substance requirements are lighter
🔵 Who it suits: international trade and service businesses
💰 VASP Crypto License
Mauritius is one of the most well-developed jurisdictions for crypto outside the EU.
🔵 Regulation: virtual assets are regulated by the VAITOS Act 2021, with supervision by the Financial Services Commission (FSC)
🔵 Flexibility: the law provides for five classes of VASP licenses, as well as registration of token issuers. In other words, the license can be matched to a specific model: an exchange, a custody service, a wallet or brokerage services
🔵 Condition: a physical office in Mauritius is mandatory, and the business must be managed from the island
🔵 Who it suits: crypto projects focused on Africa, Asia and the Middle East that need a recognised license outside MiCA
✉️ We will find the right structure and license in Mauritius for your business @PfserBot