Global Business Corporation
Bridging the Mauritius IFC to Africa, Asia and the World
Mauritius has evolved into an International Financial Centre (IFC) of choice in Africa.
A GBC is a resident corporate entity with a separate legal identity, incorporated under the Companies Act of 2001 and licensed under the Financial Services Act of 2007. While it is a resident company, it is owned or controlled by non-Mauritian individuals and conducts its business exclusively outside Mauritius.
Key Requirements
Substance Requirements
A GBL must:
- Have at least 2 directors resident in Mauritius.
- Have a principal bank account in Mauritius.
- Keep accounting records in the registered office.
- Have financial statements audited in Mauritius.
Enhanced Substance Requirements
A GBL must also have:
- A minimum Annual Expenditure: USD 30,000.
- A minimum Employment in Mauritius (Direct or Indirect):
- If assets are under management are:
-
- Less than USD 100m: 1
- Between USD 100m and USD 500m: 2
- Above USD 500m: 3