🇲🇺 Mauritius (GBC)
Mauritius Global Business Company (GBC) is subject to 15% corporate tax, with eligible foreign-source income qualifying for an 80% partial exemption, resulting in an effective rate of approximately 3%, subject to meeting economic substance requirements. GBCs are commonly used for investments in Africa and Asia. In recent years, additional levies such as the Corporate Climate Responsibility Levy (CCR Levy, from 2024) and the Fair Share Contribution (from 2025) have been introduced. Rules may change; please refer to the latest official announcements from the Mauritius authorities (FSC/MRA) for precise scope and rates.
Mauritius (GBC) Key conditions at a glance
| Common Company Types | GBC (Global Business Company) / Authorised Company |
|---|---|
| Corporate income tax | Standard rate 15%; certain foreign income may enjoy an 80% partial exemption, resulting in an effective rate of about 3%. |
| Estimated establishment costs | Approximately US$1,500–US$4,000 |
| Annual maintenance | Annual fee, management company, audit, registered address; must comply with substance requirements. |
| Substance/Reporting Requirements | Economic substance (partial tax exemption conditions), UBO, CRS; annual audit required. |
| Suitable for purpose | For investment holdings, funds, and IP in Africa/Asia. |
| Bank account opening | Assisted by a licensed management company, with strict KYC compliance. |
| Recent Changes | In recent years, additional levies such as the CCR Levy (from 2024) and the Fair Share Contribution (from 2025) have been introduced; exact applicability subject to MRA announcements. |
Mauritius (GBC) Key considerations
- An effective tax rate of approximately 3% is contingent upon 'meeting economic substance' requirements; those not meeting substance may not qualify for partial exemptions.
- GBCs must be managed by licensed management companies and possess local substance (directors, expenditures, etc.), with costs exceeding those of pure offshore entities.
- Home country CFC/substance taxation rules and treaty anti-abuse provisions may still apply.
Mauritius (GBC) Application process
- Apply for a GBC license and establish a company through a licensed management company.
- Arrange local directors, office, and economic substance.
- Register UBO and open a bank account.
- Annual audited financial statements and tax filings must be submitted in accordance with regulations.
Mauritius (GBC) Frequently Asked Questions
How is the 3% tax rate for Mauritius GBC derived?
The standard tax rate for GBCs is 15%, with certain offshore income qualifying for an 80% partial exemption under economic substance, resulting in an effective tax rate of approximately 3%; non-compliance with substance requirements will not be applicable, subject to official regulations.
Is a GBC required to have local substance?
To enjoy partial tax exemptions and treaty benefits, it is generally necessary to have local directors, offices, and expenditures; purely shell structures carry higher risks.
Does a GBC have any other additional fees besides corporate tax?
Yes. In recent years, Mauritius has introduced additional levies such as the Corporate Climate Responsibility Levy (CCR Levy, effective 2024) and the Fair Share Contribution (effective 2025). These should be factored into cost planning; the exact scope of application is subject to the latest official announcements.
How can I verify whether the company incorporation, tax, and compliance regulations for this jurisdiction are up to date?
Tax systems, annual fees, economic substance, and UBO (Ultimate Beneficial Owner) rules in each jurisdiction are frequently amended. Recommendations: ① Check official company registry or tax authority announcements of the jurisdiction (official source links are provided at the bottom of this page); ② Verify the data date indicated on this page; ③ Understand post-incorporation annual filing, accounting, audit, and economic substance obligations—do not focus solely on incorporation fees; ④ Stay alert to agent claims that exaggerate tax savings or suggest no filing or compliance obligations after incorporation, and consult qualified tax/legal professionals for major decisions. This site provides a neutral compilation of public information; always refer to the latest official announcements.
Where can I look up the official company registry for Mauritius (GBC), and is it public?
| Official registry | Corporate and Business Registration Department (CBRD) |
|---|---|
| Can the public search the register? | ⚠️ Limited online search (name/status only) |
| Notes | General companies can be searched online; details of Global Business Companies (GBC) are more limited. |
| Official search | Go to official registry search ↗ |
The above is a compilation of public information from official company registration authorities; public search rules and beneficial ownership disclosures are subject to change, so please refer to the latest official regulations. See the comparison table of registration transparency across jurisdictions →
Official sources: Financial Services Commission (FSC) Mauritius · Data date: 2026-06-27.This page is a neutral compilation of public data, for reference only, not tax/legal advice; options are subject to the latest official announcements.