Company Registration in Mauritius

1. No exchange controls
2. Free choice of functional currency
3. Low or no income tax, no stamp duties and no capital gains tax
4. No tax on dividends, interest or royalty income and no withholding taxes. Double Taxation Avoidance Treaties
5. Open policies for expatriate professionals
6. Attractive fiscal policies and administrative ease of doing business
7. Stable political, investment and banking environment, with a well established company and corporate law
8. 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
9. Favourable time-zone

Due to its free market policies and favorable tax structure, Mauritius is one of the most developed countries in Africa, yet conducting business there without local assistance can be difficult. Mauritius, which has one of the highest GDPs in Africa, is a financial powerhouse tucked away within a thriving continent.

Here are the main advantages of registering a Company in Mauritius:

• High degree of privacy protection (through the use of nominee Directors and shareholders).
• Mauritius company formation permits 100% foreign ownership meaning no local nominee is required.
• Only one Director and one Shareholder required.

Foreigners may own 100% of a Mauritius-incorporated company with no required minimum capital. However, an individual that wants to start a business as self-employed, will have to register only his business activity.

Yes, South Africans can engage in Mauritius company registration either online or in person. At Company Partners, we facilitate the entire process, ensuring that registering a company in Mauritius is seamless and efficient. Johan our Offshore Specialist has over 18 years of experience and can assist from anywhere in South Africa. Whether you’re looking to open a new venture or expand an existing one, Mauritius offers a strategic and welcoming business environment.

When setting up your company in Mauritius, ensuring you have the right documentation ready is crucial to a smooth registration process. Here’s what you’ll need:

Incorporation Forms: Complete the required incorporation forms, which include:

1. Form 1: Application for registration of a company.
2. Form 7: Consent and certificate by a director.
3. Form 9: Consent and certificate by a member (shareholder).
4. Form 8: This is required only if your company will have a secretary.
5. Proof of Residential Address: You must provide a recent proof of address in the director’s name. This can be a utility bill or a bank statement, not older than three months.
6. Beneficial Ownership Declaration: A letter must be signed by a director detailing the beneficial owners of the company. This letter should include information about the shareholders and their beneficial owners, if applicable.

Ensuring these documents are properly filled out and submitted will help facilitate the incorporation process, allowing you to focus on growing your business.

You can find and download the forms from the Mauritius Government here..

When establishing a private company in Mauritius, it’s important to understand the regulations regarding the number of shareholders:

1. Minimum Number of Shareholders: A private company must have at least one shareholder. This allows for the flexibility of single-person companies, where one individual can own and manage the business.
2. Maximum Number of Shareholders: A private company is limited to a maximum of 50 shareholders. This limit is designed to maintain the private nature of the company and ensure more straightforward management and operational processes.
3. Conversion to Public Company: If your business grows and you wish to expand the number of shareholders beyond 50, the company must be converted into a public company. This transition involves different regulatory requirements and a broader disclosure regime, reflecting the increased public interest in the business.