Mauritius Overview
Mauritius is an island situated off the coast of Africa in the Indian Ocean. The total land area of the island is 787 square miles. It is officially known as the Republic of Mauritius. The Republic includes the islands of St. Brandon, Rodrigues and the Agalega Islands. Together with Rodrigues and Reunion, Mauritius is part of the Mascarene Islands. Mauritius gained its independence from the United Kingdom on 12 March 1968. It became a republic on 12 March 1992.
The capital city of Mauritius is Port Louis.
The official language is English, however French is also widely spoken and predominantly used in the media. The most widely spoken language is Mauritian Creole.
- Mauritius company names can end in “Limited”, “Corp.”,” B.V.”, “N.V.”, or “S.A.” Prior name approval is required. Some wording is sensitive.
- It takes approximately 2 – 4 days to incorporate a company.
- Mauritius (GBC2) companies are tax exempt. There is nil corporate taxation.
- State share capital is US$1,000.
- The standard currency is US$ however any currency is permitted except Rs.
- The minimum paid up capital is US$1.
- The minimum number of Shareholders is 1.
- The Register of Shareholders is not disclosed on public file.
- Shareholders meetings can take place anywhere in the world. Annual Shareholders meetings are required.
- The minimum number of Directors is 1. Local directors are not required and Directors can be corporate bodies.
- The Register of Directors is not disclosed on public file.
- Directors meetings can take place anywhere in the world.
- The appointment of a Company Secretary is optional. Local Secretaries are not required. Secretaries can be corporate bodies.
It is not required to file annual returns. - Accounts are not filed and audited accounts are not required however the company must maintain proper accounting records.
- Company Seals are mandatory.
- Beneficial Ownership is not disclosed to the authorities.
- Documents to be retained at the Registered Office are: Corporate Records, Copies of Minutes, Register of Shareholders, Register of Directors and the impression of the company seal.
- Change in domicile is permitted.
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