Authorised Company
An Authorised Company is a company registered in Mauritius whose business activity and control & management are outside of Mauritius.
How BTG can assist
- Advice on structuring
- Formation of the company
- Provision of Registered Office
- Provision of Registered Agent
- Back-office administration and accounting services
- Regulatory compliance
- Assistance with opening and administration of local bank account
- Filing of Return of Income to the authority
Key Features
How is an Authorised Company treated for tax purposes in Mauritius?
An Authorised Company is treated as non-resident for tax purposes in Mauritius.
What are the statutory and operational requirements?
-
Must maintain its registered office and all statutory records in Mauritius
-
Requires a Registered Agent in Mauritius, which must be a Management Company
-
Audited accounts are not required
-
The principal bank account does not need to be in Mauritius
-
Meetings may be held anywhere in the world
What are the filing obligations?
An Authorised Company must file a Return of Income with the authority in Mauritius.
Can the license of an Authorised Company be changed?
Yes, it can change its license to a Global Business License if needed.
Are there any business activity restrictions?
Yes, an Authorised Company may not engage in reserved activities, including:
-
Financial services
-
Banking
-
Insurance
-
Activities related to collective investment funds
-
Provision of registered office, nominee, directorship, secretarial, or trusteeship services
Is registration required outside Mauritius?
Yes, the company should register for tax returns in the country where control is based.
Can an Authorised Company access Double Taxation Avoidance Agreements (DTAAs)?
No, an Authorised Company has no access to Mauritius’ Double Taxation Avoidance Agreements.
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.