Société en Nom Collectif (partnerships) and “Société en Commandite Simple” set up under the Code de Commerce Amendment Act 1985 (limited partnerships) may be used to structure investments in the global business sector.
A Société may conduct any qualified global business activities after it has received a Category 1 Global Business Licence for company incorporation in Mauritius from the Financial Services Commission. However, a Société does not qualify for a Category 2 Global Business Licence.
To enhance the use of such vehicles the Finance Act 1996 has introduced favourable taxation provisions which enable Sociétés to benefit from reliefs available under double taxation treaties.
