Why Choose a Mauritius Offshore Company?

• Read about Mauritius »
  Mauritius is an island in Indian Ocean that located about 2000km off the east coast of Africa and has 1.2 million inhabitants. Mauritius used to be Dutch, French and latter British colonies and eventually in 1992 became a Republic. As a result of multi cultures and multilinguism, Mauritian Creole, Bhojpuri, French and English are all official languages.
  
  The local currency is the Mauritian Rupee (MUR). Mauritius has experienced a rapid developing financial industry since its independence, including its leading international banks, agriculture, textiles and tourism. The financial industry is on the white list of OECD and is extremely valued.
  
  Mauritius well-established legislation is clear and concise, which creates a fertile legal environment to companies. Also, Mauritius is a part of a tax treaties network with no less than 37 countries to prevent double taxation. It provides excellent legal infrastructures for entry and exist transactions around the world, especially across Asia and Africa.
  
  There is no capital gains or inheritance tax. Also, there is no need to withhold tax on dividends, interest or royalty. It does not require any withholding tax for people outside Mauritius paying such fees. Finally, the tax rate is 15% for companies and individuals while business tax is 3% of profit maximum.
  
  Type One and Two Global Business Licenses (GBC) are two types of business allowed to establish in Mauritius:
  
  GBC 1 is considered a tax resident and is supposed to pay a 15% income tax. However, it can be reduced to a 3% effective rate with automatic tax deductions. It also can fully utilize the various tax treaties that Mauritius enjoys.
  
  GBC 2 is considered a tax-free offshore business and they cannot use the tax treaties in place.