Do you need to Register a Company and / or Trust in Mauritius? We help South Africans online or in-person.
With offices in Switzerland, Mauritius and South Africa, we have been setting up Offshore Companies and Trusts for our Clients for more than 15 years. We provide formation, management and administration services for our clients who invest, open business or trade in and through Africa using the fiscal benefits of Mauritius as a recognised and reputable International Financial Centre.
- Company type: Mauritius Authorized Company. We also assist to setup Trusts in Mauritius.
- Setup Cost: R35 000 (around US$ 2000) for Authorized Company Registration.
- Timeframe for Company Registration: 3 Weeks
- Standard currency: US$
- Auditing Required: No
- Capital Required: No
- Mauritius’ Ranking for Ease of Doing Business: Number 1 in Africa
- Taxation: There is no tax payable in Mauritius for this company – however, tax would need to be paid where the effective place of management and control will occur – if the owners run and operate the company from South Africa, then the company will need to pay South African tax.
- No visit to Mauritius is required to open your new Mauritius Authorized Company and/or Trust.
- Note that our setup costs is the basic cost that takes you from Zero to having an active Authorised Company in Mauritius. There are annual fees involved in owning an Authorised Company in Mauritius and potential additional services you may require from us based on your exact needs. This will be discussed in a consultation session with you.
- Bank Profits in hard currency, in Mauritius, with a Mauritius bank.
- Declare dividends post onshore tax to your Mauritius Trust (we can assist to setup as well) which can then invest the Owner’s entrepreneurial profit.
- The Trust is tax resident in Mauritius and will not pay Mauritius tax.
- If the Business is ever sold the Authorized Company’s shares can be sold by the trustee in Mauritius and the profit banked in the Trust account. (The sale is neutral to Capital Gains tax).
All Offshore Services Offered:
- Opening your Mauritius Company and Trust, including licensing, registration etc.
- We attend to your appointment as Director of your new Company, Corporate Trustee of the Trust and provide the Registered Office / Registered Agent.
- We attend to the regulatory Compliance of your Mauritius Company and Trust.
- Organizing and minutes of Meetings of Shareholders and Trustee, Annual General Meeting etc
- Keeping of your Company and Trust Records, including Shareholders Register and Book of Minutes.
- Preparation of Financial Summary and required interim statements.
- Forex Facilitating Services.
- Tax, Regulatory, Structuring assistance.
- Registration of Onshore Tax Filing.
- Accounting, Tax, Legal and other Corporate Services.
Our South African Presence:
You will be assisted by our local Representative (a South African Chartered Accountant / CA) whom has lived and worked in Mauritius, and now represent South Africans from within South Africa. We can visit you in person if needed (if you are based in Gauteng, Cape Town, Durban or Bloemfontein), or through a Zoom / Skype meeting (you can be based anywhere).
To learn more or to setup your Mauritius Authorized Company, complete and submit the easy online form below.
Please wait a moment while we prepare your account.
You will be taken to your account when it is ready.
Requirements for Offshore Company Formation in Mauritius
- Certified Copy of Passport
- Proof of Domicile (certified copy)
- Bank Statement and Reference Letter
- Business Plan
- Curriculum Vitae
We can provide more details and assistance about the above requirements. Note that the 3 week setup timeframe starts when we receive the above documents.
Benefits of Mauritius as an International Financial Centre for South Africans
– Free choice of functional currency
– No tax on dividends, interest or royalty income and no withholding taxes. Double Taxation Avoidance Treaties
– Low or no income tax, no stamp duties and no capital gains tax
– No exchange controls
– Stable political, investment and banking environment, with a well established company and corporate law
– Open policies for expatriate professionals
– Enabling laws allowing for access to key region economic blocs, tax treaties and investment promotion treaties to reduce withholding taxes, customs duties and taxes on capital
– Attractive fiscal policies and administrative ease of doing business
– Favourable time-zone for South Africans