Company Incorporation Services in Mauritius
Authorised Company
(Formerly GBC2)

What is an Authorised Company?

An Authorised Company (AC) refers to a business entity that is incorporated in Mauritius but is treated as a non-resident for tax purposes. To be classified as an AC, a company must meet the following conditions:

• The majority of its shares, voting rights, or beneficial ownership must be held by individuals or entities that are not citizens of Mauritius.
• The company’s primary business activities must occur outside of Mauritius.
• The company’s place of effective management (POEM) must be situated outside of Mauritius.

In order to operate, these companies must obtain authorisation from the Financial Services Commission (FSC) and adhere to specific regulatory standards to ensure compliance with both local and international regulations.

Key Features

Authorised Companies (ACs) are designed to cater to the needs of international businesses and offer several distinct advantages:

Non-Resident Tax Status
ACs enjoy notable tax benefits due to their non-resident status in Mauritius. They are subject to a 0% corporate tax rate on income generated outside Mauritius. However, any income earned within Mauritius is taxed according to local regulations. ACs are still required to submit annual tax returns to the Mauritius Revenue Authority (MRA) to ensure transparency and adherence to compliance standards.

Efficient Incorporation Process
Setting up an AC is a relatively quick and straightforward process, typically completed within ten days, assuming all required documentation is provided. This streamlined process makes Mauritius an appealing choice for entrepreneurs looking for a fast-track entry into global markets.

Flexible Structure

• Shareholders: A minimum of one shareholder is required, and non-resident shareholders are allowed.
• Directors: The company can appoint corporate directors, and there is no obligation for directors to reside in Mauritius. To maintain the non-resident status, it is advisable that the majority of directors are based outside Mauritius.
• Local Regulated Agent: Every AC must designate a Local regulated agent in Mauritius, usually a licensed management company. This agent ensures the company complies with local regulations and handles administrative tasks.

Confidentiality
One of the key advantages of the AC structure is its strong emphasis on confidentiality. Key documents such as the shareholder and director registers, as well as accounting records, are kept at the company’s office in Mauritius. These documents are not publicly accessible, ensuring enhanced privacy for investors.

Open your Offshore Company in
Mauritius today!

Advantages of the Authorised Company Structure

The Authorised Company model provides several strategic benefits for entrepreneurs and investors operating in global markets:

– Tax Efficiency
– With a 0% tax rate on foreign income, ACs offer a cost-effective solution for structuring international business operations.
– International Market Access
– By focusing operations outside Mauritius, ACs can leverage the nation’s strong trade networks and agreements to access a broad range of global markets.
– Enhanced Confidentiality
– Limited public access to corporate records and non-disclosure of certain documents ensures greater privacy and security for business owners.
– Streamlined Operations
– A simplified incorporation process and flexible regulatory environment allow for easy setup and efficient ongoing management of the company.

Regulatory Compliance and Limitations

Authorised Companies (ACs) benefit from a flexible corporate structure; however, this comes with clearly defined regulatory boundaries aimed at ensuring responsible management. Notable restrictions include:

• Prohibited Activities: ACs are not allowed to undertake certain regulated functions such as banking, financial services, or acting in a fiduciary capacity as trustees.
• Local Limitations: These entities cannot lease, acquire, hold, or dispose of immovable property in Mauritius, nor can they employ individuals who are Mauritian residents.
• Business Scope: ACs are required to conduct the majority of their commercial activities outside of Mauritius. Nonetheless, they may engage in specific permitted activities domestically—such as maintaining a foreign currency bank account or investing in listed securities on the local stock exchange.

Maintaining compliance with these rules is vital for preserving the company’s authorised status and supporting its long-term success.

Tax Implications

One of the most appealing aspects of operating as an Authorised Company is the favorable tax treatment. Income earned from foreign sources is exempt from corporate taxation in Mauritius. However, the country where the company’s Place of Effective Management (POEM) is located may impose local taxes on that income.

To manage tax exposure effectively, it is essential to evaluate the tax framework of the POEM jurisdiction. In some cases, securing a Tax Residency Certificate (TRC) from the relevant authorities can enhance legal clarity and reduce the risk of double taxation.

At TBA, we assist clients in navigating these cross-border tax complexities, ensuring their corporate structures are both tax-efficient and fully compliant with international standards.

Incorporate your Offshore Company in
Mauritius today!

How TBA Support your Business Setup

At TBA, we specialise in helping clients navigate the complexities of forming and operating Authorised Companies in Mauritius. Our dedicated team offers full-spectrum support to ensure a smooth and compliant establishment process—right from incorporation to long-term strategic management.

Our Services Include:

• FSC Authorisation Support
• Guidance and assistance throughout the application process to obtain approval from the Financial Services Commission.
• Strategic Company Structuring
• Tailored company structures aligned with your investment and operational objectives.
• Tax Planning & Regulatory Compliance
• Expert advice on building tax-efficient frameworks while adhering to both local – Regulated Agent Services
• Ongoing administrative and regulatory support to maintain efficient and compliant operations.

Why Choose an Authorised Company?

Authorised Companies provide a strategic entry point for businesses seeking international expansion via Mauritius. With advantages such as zero tax on foreign income, a flexible corporate structure, and a strong regulatory environment, ACs are well-suited for entrepreneurs and investors aiming to grow globally while maintaining operational efficiency.