Mauritius Global Business Company 2 (GBC2 – IBC) Formation

The Republic of Mauritius is an Island in the Indian Ocean, a former British colony which gained independence in 1968 and joined the Commonwealth forthwith.

Mauritius GBC2 are not resident for the purpose of tax. There are requirements for the company not to act in any way that can tarnish the well established reputation of Mauritius, of being an Offshore Financial Centre.

  • Exemption from local taxation
  • Low Cost Formation and Administration of Company
  • No Accounting or Reporting Requirements
  • No Audit Requirements
  • Anonymity – All information is only for the use of the Financial Services Commission (FSC), only disclosed if proof of illegal activity.
  • Assets and Investments
  • Royalties or Commissions
  • Property Acquisitions
  • Consultancy Services
  • Special Purpose Vehicles

A Mauritius GBC2 is restricted from conducting business with residents of Mauritius or own real estate in Mauritius.

There is also a restriction on conducting business in banking, insurance, or to own or manage a collective investment fund, provide nominee services, or to provide trustee services to more than three trusts.

An approved agent needs to be used for the formation of the company.
Submission of the Memorandum and Articles of Association and a certificate from the registering agent confirming that the requirements of the ordinance have been complied with.
Director and Shareholders must complete consent forms to be filed with the Registrar of Companies in English. All documents may be in any language but must be accompanied by a certified English Translation.

The application needs a lawyer in Mauritius to certify that all the relevant local requirements have been met.

Company TypeGBC2
Country LawHybrid
Company Law

Companies Act 2001

Financial Services Development Act 2001

Registered Office RequiredYes
Local Registered Agent RequiredYes
Shelf Companies PermittedYes
Migration Of DomicileYes
Average Time To Form Company2 to 3 Business Working Days
Government Fees
Minimum Government Formation Charge

$235 USD to Mauritius Financial Services Commission

$65 USD to Mauritius Registrar of Companies

Recurring Minimum Annual Company License Fee

$235 USD to Mauritius Financial Services Commission

Annual Return Filing Fee

$65 USD to Mauritius Registrar of Companies

Corporate Tax
Corporation TaxNo
Access to Double Taxation TreatiesNo

All Mauritius Global Business Companies 2 are exempt from taxes.

Minimum Required Directors1
Local Director RequiredNo
Records PublicNo
Board Meeting LocationAnywhere in the World
Corporate Directors PermittedYes
Privacy - Publicly Available RecordsNo

There is a minimum requirement of one Director, of which may be the only shareholder. Directors can be either individuals or corporate bodies of any nationality and resident of any country.

Company Secretary
Secretary RequiredNo - Optional
Local or Qualified PositionNo
Share Capital
Standard Currency

US Dollar

Permitted Share CurrencyAny - Except Mauritian Rs.
Minimum Paid Up Shares$1 USD
Usual Authorised$100,000 USD
Bearer Shares PermittedNo
No Par Value Shares PermittedYes
Minimum Number Of Shareholders1 Shareholder
Corporate Shareholdes PermittedYes
Meeting LocationsCan be held anywhere in the world
Privacy - Publicly Available RecordsNo

Annually, within 6 months of the GBC2s fiscal year end, audited accounts needs to be filed with the Financial Services Commission. Annual Tax Returns are not required.

All Mauritius GBC2s are exempt from taxes such as Corporation, Inheritance, Capital Gains and Estate Tax, to name a few.

Mauritius Facts

Island in The Indian Ocean

SizeApproximate area of 2040 sq. km
PopulationApproximately 1,261,208
Languages Spoken

No Official Language



Mauritian Creole


CurrencyMauritian Rupee (MUR)

Parliamentary Republic


Main Industries:




Financial Services



Road - Driving on the Left


Time Zone

Mauritius Time - MUT (UTC+4)

International Dialling Code+230

Contact us today to enquire about the Cost of Formation or if you have further questions regarding the application process.

Mauritius GBC2 Formation Enquiry

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