Offshore Mauritius GBL 2

Mauritius Offshore Company | 9 GBL2 Company Characteristics

Mauritius offshore company: Business outside Mauritius, zero tax, double tax treaty not applicable, hold assets

Mauritius offshore company: Characteristics

1. The offshore company is known as a Global Business License 2 (GBL2) company and is incorporated in Mauritius under the Companies Act 2001.

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2. It does not conduct business with a person resident in Mauritius nor conducts any dealings in Mauritius currency.

3. It holds a Category 2 Global Business License.

Mauritius Offshore Company | 9 GBL2 Company Characteristics

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Mauritius offshore company: Get a free quote now by filling in the box on the right and know its company characteristics

4. It is exempt from the provisions of the Income Tax Act and is declared as non-resident for tax purposes.

5. It is a suitable vehicle for holding and managing private assets.

6. It is however not allowed to raise capital from the public or to conduct any financial services or to act as a fiduciary.

7. The GBL 2 company incorporation in Mauritius is not resident for tax purposes and therefore does not benefit from double taxation relief under tax treaties.

8. The GBL 2 offshore company may either be limited by shares or by guarantee or limited by shares and guarantee or simply unlimited.

9. A GBL 2 category company may also be structured as a Limited Life Company. Mauritius is one of the premier new world offshore centers. It has a skilled and experienced offshore workforce. Also, it has successfully targeted offshore activities as a primary source of revenue to replace its traditional sugar exports.

Its offerings in financial services such as Trusts, Asset Management Companies, and Protected Cell Companies compete with other more established tax havens. Offshore companies in Mauritius are more expensive than those offered in Seychelles.

Mauritius Offshore Company | 9 GBL2 Company Characteristics

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Mauritius offshore company: Get a free quote now by filling in the box on the right and know its company characteristics

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Offshore Mauritius GBL 2 was last modified: June 8th, 2019 by Manu Raj

Manu Raj

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