The Mauritius Offshore Business Activities Authority (MOBAA) deals with all offshore company matters on Mauritius with the exception of offshore banking.

The Mauritian government has been giving incentives to foreign investment companies in a variety of ways, including the Hotel Development scheme, with only 5 percent tax and a withholding tax holiday for 10 years; an Industrial Building Scheme, which has a 15 percent tax rate and permanent withholding tax holiday; an Expansion Scheme, which offers customs duty exemption and tax credits on environmentally friendly equipment; and a Pioneer Status Enterprise Scheme, which is aimed toward technological advances brought to Mauritius and includes tax-exemptions on withholding, customs duty, sales tax and a 15 percent corporate tax cap.

It only takes three days to set up a Mauritius offshore company, and share capital is accepted in any currency. Only one director and one member are needed, and neither need to be locally based or Mauritian; a company secretary is not required. There are no corporate taxes, and no annual return needs to be filed.

The Mauritius Stock Exchange (SEM) has been in operation for over 10 years, and employs an SEMATS automated trading system used at firms as opposed to convening on a stock market trading floor. Market value of publicly traded shares: $5.7 billion in 2007, the last year for which numbers were available. It is a proud member of the African Stock Exchanges Association (ASEA) and as of 2005 has been included in the World Federation of Exchanges (WFE).

Trusts established in Mauritius have varying durations - from perpetuity for charitable trusts, 25 years for purpose trusts to no more than 100 years for “normal” trusts. A settlor may not be the only beneficiary, but he or she can be named as one of at least two. He or she can also be named as one of the trustees.

Additional Mauritius company services available from Offshore Banking International include:

• Corporate Seal (required)
• Opening of Mauritius bank accounts
• Mauritius Incorporation
• Power of Attorney
• Certificate of Good Standing
• Notarization per document or set
• Apostle per document or set
• Nominee Director
• Nominee Shareholder
• Virtual office
• Domain name registration
• Website design

A Mauritius IBC is extremely flexible and can accommodate practically any current financial circumstance or future goal for your new Mauritius offshore formation.

In addition, Mauritius banking can open up a world of possibilities for your investments. We work closely with Mauritius banks to ensure that you have a financial plan that allows you to grow your wealth.

If you're looking to learn more about how a Mauritius company formation can help your bottom line or how a Mauritius bank account can assist you in your financial goals, please do not hesitate to contact us today. We're happy to give you sound advice and also choose the offshore jurisdiction that is right for you - whether it's Mauritius, or one of the dozens of other offshore jurisdictions we service.