How can you register an offshore company in Mauritius?
Mauritius is a popular destination for offshore company registration due to its favorable tax laws and business-friendly environment. For Mauritius offshore company formation, follow these steps:
- First, choose a name for your company: Your company’s name must be unique and not already registered in Mauritius. Then, you can check the name’s availability on Mauritius’s Registrar of Companies website.
2. Appoint a registered agent: You must appoint a registered agent who will act as a liaison between your company and the authorities in Mauritius. The agent must be a resident of Mauritius and hold a Category 1 Global Business License.
3. Draft the memorandum and articles of association: The memorandum and articles of association set out the constitution of your company, including the name, objectives, share capital, and rules for the company’s management.
4. Open a bank account: You must open a bank account in Mauritius to deposit the share capital and conduct your business operations. Most banks in Mauritius offer offshore banking services.
5. Submit your application: You can submit your application to the Registrar of Companies in Mauritius. The application should include the memorandum and articles of association, the name of the registered agent, and the details of the shareholders and directors.
6. Obtain a Category 1 Global Business License: Once your application is approved, you must obtain a Category 1 Global Business License from the Financial Services Commission in Mauritius. This license will allow you to conduct your business activities.
7. Register for tax: You must register your company for tax with the Mauritius Revenue Authority. Mauritius offers a low tax regime for offshore companies.
Mauritius offshore company registration can be straightforward with a registered agent’s help, and the local authority’s support. It is recommended to seek the advice of a qualified professional to guide you through the process of offshore company registration in Mauritius.
If you are looking for expert guidance for setting up your offshore company in Mauritius, then Business Setup Worldwide is all set to assist you.