Mauritius Foundation
A Foundation is a legal entity formed for such purposes as may be provided in its charter, including the carrying out of the objects specified in it.
How BTG can assist
- Advice on structuring
- Drafting of Foundation Charter and other related documents
- Establishment of the Foundation
- General Administration of the Foundation
- Provision of Registered Office
- Provision of resident Council Member
- Provision of Qualified Secretary
- Assistance with opening and administration of bank account
- Regulatory compliance
- Ensure records including account records are in place
How a Mauritus Foundation Works
Key Features
What are the key administrative requirements for a Foundation in Mauritius?
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Must have a Qualified Secretary in Mauritius
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Must have a Registered Office in Mauritius
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Must keep records, including accounting records, at its Registered Office address in Mauritius
Who has access to Foundation records?
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The Council is obliged to provide Foundation information to the beneficiaries
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Third parties can only access records with permission from the Foundation Secretary
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Confidentiality requirements are enshrined in law
When and how can a Foundation be established?
A Foundation can be established during the founder’s lifetime or by means of a will.
What are the objects of a Foundation?
The objects of a Foundation may be:
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Charitable or non-charitable, or both
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For the benefit of a person or a class of persons
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To carry out a specified purpose, or both
Does a Foundation need to be registered in Mauritius?
Yes, a Foundation must be registered with the Registrar in Mauritius to have a separate legal personality.
Can a Foundation engage in business activities?
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Must have a registered office in Mauritius
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Must keep records, including accounting records, in Mauritius
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Third parties can only access records with permission from the Trustee and Protector (if any)
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Confidentiality requirements are enshrined in law
How is a Foundation taxed in Mauritius?
If the central management and control is outside Mauritius, the Foundation is treated as non-resident for tax purposes and taxed only on Mauritius-sourced income.
A resident Foundation in Mauritius is taxed on its worldwide income.
What are the requirements for a Foundation's governing body?
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A Foundation must have a Council
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The Council must have at least one member resident in Mauritius
Can the Founder also be a beneficiary?
Yes, the Founder may be a beneficiary of the Foundation and does not need to be a resident of Mauritius.
Main Contact
Pravesh Heeroo
Business Development Specialist
Meet the rest of our Team
Other Services
Discretionary Trust
A Discretionary Trust in Mauritius is a flexible type of Trust mainly used in wealth protection and tax planning. It is established by a settlor who settles assets on trust to achieve the objects of the trust.
Global Business License Company (GBL)
A Global Business License Company is a resident corporation which proposes to conduct business principally outside of Mauritius and is licenced by the Financial Services Commission.
Domestic Company
A domestic company in Mauritius can operate with both residents and non-residents. However, if it is controlled by a non-citizen and conducts business mainly outside Mauritius, it must obtain a Global Business License.
Suitable for use for:
- Investment Holding to own property, share and bond portfolios, aircraft/ships, and other growth assets
- Family Office holding vehicle to own family office companies and investments
- Estate and succession planning
- Special purpose vehicle to perform certain actions