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Mauritius Offshore Company Formationin UAE
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Mauritius Business Setup
In the recent years, Mauritius has gained solid reputation as a secure and reliable investment destination with several exciting features like stable governance, ethics, economic, transparency, and political freedom. Mauritius is an island in the Indian Ocean, situated to the southeast coast of the African continent. Mauritius offshore company formation in UAE needs to be handled by an experienced professional wiith knowledge of international law.
Mauritius is a precious destination in terms of beautiful flora, fauna and other exciting natural attractions. The country is now established as a leading platform for investors around the globe with plenty of offers, especially while establishing your offshore company.
Key facts on Mauritius business setup
The category two global business company is replaced by the authorized company. It’s considered as non-resident for taxation purpose, provided the place of management is outside the country. The business activities are principally conducted outside Mauritius and controlled by a majority of shareholders who are not the proper citizens of Mauritius.
Offshore Locations
Regulatory bodies
- Financial services commission
- Registrar of companies
General information company legislation
- The Companies Act, 2001
- Financial Services Act, 2007
General information company legislation
- Prior approval
- The company can end with ‘ltd’, ‘limited’, ‘corp’, ‘S.A’, or ‘Inc’
Important points on Mauritius business setup
Non-residents in Mauritius have a statutory capital standard of US $1000
- Minimum one shareholder
Directors
- Minimum one director
- Corporate directors are permitted
- Not a Mauritius resident
Secretary
- Optional corporate secretary
- No location restrictions
The companies require a registered office and that too in Mauritius
Company minutes and company seal
Constitution is not required but can be adopted
- Constitutive documents
- Minutes
- Register of members
- Register of officers and directors
- Register of interests
- Due diligence documents
- Accounting records and agreements
- For shareholders, directors, and beneficial owners – copy of passport, names, residential address proof, bank reference, business plan, and resume.
- For business entities – financial statements, corporate documents, business plan, consent forms, and proposed banker.
- Financial services
- Banking
- Providing trusteeship services
- Providing registered office facilities, directorship services, secretarial services, nominee services or any other services of incorporation.
- Cost-effective jurisdiction
- Business-friendly legislation
- Political and economic stability
- Easy procedures for company formation
- No exchange controls
- No trade restrictions
- Convenient time zone
- Highly – qualified bilingual professionals
- Keep up Security and privacy of information
- Internationally recognized banks
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