Global Business Company

Global Business Company (GBC) in Mauritius

A Global Business Company (GBC) in Mauritius is designed for businesses that primarily operate outside the country while maintaining their management and control within Mauritius. Thanks to its favourable tax laws and efficient regulatory environment, the GBC structure is a powerful tool for international tax planning and global business operations.

Why Choose Mauritius for a GBC?

Business-Friendly Jurisdiction

Mauritius offers an exceptionally welcoming environment for international businesses. With no minimum capital requirement and a straightforward incorporation process, setting up a GBC is fast and hassle-free. The country’s political stability, sound legal infrastructure, and skilled workforce further enhance its appeal to global investors.

Strategic and Tax Planning Benefits

Attractive Taxation

GBCs are taxed at a standard corporate rate of 15%, which can be reduced to an effective rate of 3% through an 80% partial exemption on qualifying income such as:

• Dividends from foreign sources
• Interest income
• Profits from collective investment schemes
• Foreign exchange gains

These benefits are subject to meeting substance requirements set by the authorities.

Extensive Tax Treaty Network

Mauritius has signed over 45 Double Taxation Avoidance Agreements (DTAAs), allowing GBCs to:

• Minimise withholding taxes
• Avoid double taxation
• Gain credibility with foreign tax authorities

 Ease of Incorporation

Starting a GBC in Mauritius involves minimal administrative barriers. With the support of a licensed management company like Jupiter Corporate Services Limited, businesses can incorporate quickly and begin operations without needing to meet capital thresholds. The overall regulatory process is streamlined and transparent.

Confidentiality and Data Protection

Mauritius upholds strong data protection and confidentiality standards, ensuring that information related to GBCs is safeguarded against unauthorised disclosure. While remaining compliant with international financial regulations, the country respects the privacy of corporate clients.

Business Flexibility

GBCs offer excellent structural flexibility, including:

• The ability for foreign entities to register branches or redomicile to Mauritius
• The option for Mauritian GBCs to relocate to other jurisdictions if needed

This adaptability is key for businesses navigating shifting market conditions or pursuing global expansion strategies.

Regulatory and Substance Compliance

To qualify for tax incentives, GBCs must demonstrate substantial business presence in Mauritius. This includes:

• Being managed and controlled from Mauritius
• Conducting core income-generating activities (CIGA) locally
• Having a physical presence or operational setup in the country

Core Compliance Requirements

• Directors: A minimum of two directors must reside in Mauritius
• Management Company: The GBC must be administered by a licensed management company, such as Jupiter Corporate Services Limited
• Banking and Record-Keeping: The company must maintain its main bank account and accounting records in Mauritius
• Audited Financials: GBCs are required to prepare and submit audited financial statements annually

Conclusion

A GBC in Mauritius offers an efficient and reputable structure for companies involved in international business. With reduced tax rates, robust compliance systems, and access to a network of tax treaties, Mauritius remains a preferred jurisdiction for structuring cross-border operations and optimising global tax efficiency.