Mauritius is a strategically located island nation in the Indian Ocean, known for its robust and diversified economy. As a business-friendly destination, it offers a conducive environment for company registration, characterized by a favorable regulatory framework, political stability, and a well-established legal system based on both civil and common law principles. The country is a member of several international organizations, including the African Union, the Commonwealth of Nations, and the Southern African Development Community (SADC), providing companies registered here with access to a broad network of trade and investment opportunities.
One of the key advantages of registering a company in Mauritius is its attractive tax regime. The corporate tax rate is relatively low, and companies can benefit from numerous tax treaties with countries worldwide, reducing the tax burden and preventing double taxation. Additionally, Mauritius does not impose capital gains tax, inheritance tax, or withholding tax on dividends, making it an appealing jurisdiction for international businesses and investors.
Furthermore, Mauritius is committed to maintaining high standards of corporate governance and has implemented stringent anti-money laundering (AML) and counter-terrorism financing (CTF) measures to ensure compliance with international best practices. This regulatory rigor enhances the credibility and integrity of companies registered in Mauritius.
Manimama ensures a seamless company registration process in Mauritius. Trust us to provide expert guidance and support, so your business can thrive from day one in Mauritius. Start your journey with confidence, knowing you have the best team by your side.
Legal Opinion about Mauritius as a Jurisdiction for Company Formation
Ganna Voievodina
Manimama, CEO
“Mauritius offers a strategic, stable, and attractive environment for company registration, underpinned by a favorable tax regime, efficient regulatory processes, and a supportive business infrastructure. Its global connectivity, robust financial services sector, and commitment to good governance make it an ideal jurisdiction for entrepreneurs and international businesses seeking a reliable base for their operations. Manimama is ready to help you with business registration in Mauritius”.
Our Packages
Our comprehensive packages simplify the process of setting up the perfect legal entity for your business whether you are a small start-up, a non-profit company, or an international company. Let us guide you through every step, ensuring your business begins on a solid foundation.
Company Formation
- Company formation
- Registered address for the 1st year
- Annual accounting requirement bookkeeping
Annual Services
- Company renewal and registered address
- Annual Government Tax
- Mandatory Financial Beneficiary Report
Other Services
- Set of corporate documents (certified/apostille)
- Nominal service for 1 year
- Offshore banking
Key Numbers about Mauritius as a Jurisdiction for Company Formation
minimum 1director for a company |
up to 3 weekstimeline for a company registration |
nominimum share capital |
0%corporate income tax (CIT) rate for an AC on income from foreign sources |
up to 15%personal income tax (PIT) rate |
15%value added tax (VAT) |
Set up Your Company in Mauritius in Several Steps
Step 1. Initial setup
- Initiating a preliminary project assessment
- Preparation and filing of the package of documents
Step 2. Company registration
- Verification and reservation of the company name at the Mauritius Registrar of Companies
- Facilitating the notarial process for the company's official registration
- Incorporating the company's data into the the Registrar of Companies
- Obtaining the Certificate of incorporation from the Registrar of Companies, Memorandum and Articles of Association
- Opening a corporate bank account
Requirements for Company Formation in Mauritius
Before deciding to set up a new company in Mauritius, read the information below to understand the characteristics of a Authorized Company (AC):
Shareholders: the company is required to have at least 1 shareholder. The shareholders of the company can be a non-resident of Mauritius.
Director: the company must appoint at least 1 director. There are no requirements for the director residency.
Company secretary: there is no requirement.
Minimum share capital: there is no minimum capital requirement.
Legal address: the company is obliged to have an official registered office address in Mauritius.
Registered agent: appointment of a local registered agent, who must be a management company, is compulsory. This agent maintains and stores all company documentation.
Liability: the liability of its shareholders is limited to the amount of capital they have invested in the company through their shares.
Accounting: the company is not required to file annual financial statements. It shall only prepare such accounts and keep them in Mauritius or, if so ordered by a director of the company, outside the jurisdiction. Nevertheless, the company must file an annual return with the Registrar of Companies.
Taxes in Mauritius
- The basic CIT is 15% for resident and licensed companies in Mauritius.
- Companies involved in the export of goods are taxed at a rate of 3% of taxable income.
- Authorized companies are exempt from tax on income from foreign sources, while income derived from Mauritius is subject to tax.
- A resident of Mauritius is required to pay tax on his worldwide income, whereas a non-resident is required to pay tax on income derived from sources in Mauritius.
- Individuals receiving annual net income up to MUR 700,000 (approx. €13,799) are subject to income tax at the rate of 10%.
- The income tax rate rises to 12.5% if their annual net income does not exceed MUR 975,000 (approx. €19,220).
- But if their basic salary exceeds MUR 975,000 - it will be taxed at 15%.
- The standard VAT rate is 15%.
- Some goods and services are exempt from VAT: medical, hospital, and dental services, including clinical laboratory services, services provided in a health institution, and veterinary services; educational and training services provided by institutions approved by the Mauritius Qualification Authority; sale or transfer of buildings for residential purposes; all musical instruments, including parts and accessories; some of the banking services, etc.
- The entities must register for VAT if turnover exceeds MUR 6 million (approx. €118,278) a year.
Double taxation avoidance agreements in Mauritius: Australia, Barbados, Belgium, Botswana, Cabo Verde, Republic of Congo, Croatia, Cyprus, Egypt, Estonia, Eswatini, France, Germany, Ghana, Guernsey, Hong Kong, India, Italy, Jersey, Kuwait, Lesotho, Luxembourg, Madagascar, Malaysia, Malta, Monaco, Mozambique, Namibia, Nepal, Oman, Pakistan, People's Republic of Bangladesh, People's Republic of China, Rwanda, Seychelles, Singapore, Sri Lanka, South Africa, State of Qatar, Sweden, Thailand, Tunisia, Uganda, United Arab Emirates, United Kingdom, Zimbabwe.
Start Your Company Formation Process with Manimama
There are numerous reasons why Manimama is the leading company formation agent in Mauritius:
Expertise in Regulations of Mauritius
- 1. Manimama has an in-depth understanding of Mauritius' legal and regulatory framework.
- 2. Our team ensures all legal requirements are meticulously met for a seamless company formation process.
Local and International Experience
- 1. With extensive experience in both local and international markets, Manimama can cater to a diverse range of business needs.
- 2. Our expertise spans various industries, providing customized solutions for each client.
Efficient and Timely Service
- 1. We pride ourselves on our swift turnaround times, ensuring your company is registered promptly.
- 2. Our efficient processes minimize delays and get your business up and running quickly.
Client-Centric Approach
- 1. Manimama prioritizes customer satisfaction by offering personalized support and guidance.
- 2. Our dedicated team is always available to address any concerns and provide expert advice.
Robust Network of Local Partners
- 1. We have established strong relationships with local authorities, banks, and service providers.
- 2. This network ensures that your business receives the best possible support and resources.
Ongoing Compliance Support
- 1. We provide continuous support to ensure your business remains compliant with laws of Mauritius.
- 2. Our team keeps you updated on any regulatory changes that may impact your company.
Frequently Asked Questions
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What are the advantages of registering a company in Mauritius?Advantages include a favorable tax regime, political and economic stability, a robust legal system, and access to international markets through various trade agreements.
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How long does it take to register a company in Mauritius?The company registration process in Mauritius is relatively swift, often completed within 3 weeks, provided all required documents are in order.
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What are the main steps to register a company in Mauritius?The main steps include choosing a company name, preparing the incorporation documents, submitting the application to the Registrar of Companies, and obtaining the Certificate of Incorporation.
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What is an Authorized Company?An Authorized Company is one that conducts most of its business outside Mauritius and is considered a non-resident for tax purposes.
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Is there a minimum capital requirement for an Authorized Company?No, there is no minimum capital requirement for an Authorized Company in Mauritius.
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Do Authorized Companies need to have a local director?No, an Authorized Company does not need to have a local director. However, it must have a registered agent in Mauritius.
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Are there any residency requirements for shareholders?No, shareholders can be of any nationality and do not need to reside in Mauritius.
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What are the tax obligations of an Authorized Company in Mauritius?Authorized Companies are not subject to corporate tax in Mauritius. They are considered non-residents for tax purposes.
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Can a foreigner own 100% of a company in Mauritius?Yes, foreigners can own 100% of a company in Mauritius without any restrictions.
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Do I need a registered office in Mauritius?Yes, every company must have a registered office address in Mauritius where official documents can be served.
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Is it necessary to visit Mauritius to register an Authorized Company?No, it is not necessary to visit Mauritius. The registration process can be completed remotely through a registered agent.
Client Feedbacks
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"The result exceeded my expectations and I am sincerely appreciative of the help I received”.
Manimama as the Best Solution for Your Company Formation in Mauritius
By choosing our company formation service in Mauritius, you are partnering with a law firm that values integrity, expertise, and client satisfaction. Let us help you set up your company in Mauritius and pave the way for your business success.
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