The Reason Why Everyone Love Setting Up A Company In Mauritius

Setting up a company is a huge decision for a business owner, and there are many things to consider before you choose a location, such as the cost of setting up, the tax implications, as well as the business support available to you. That’s why Mauritius has emerged as the preferred destination of choice for setting up a company. Why is this? There are a number of reasons why a business owner might choose to set up a company in Mauritius, and the following is a summary of some of the main advantages of doing so.

 

·       Attractive and Flexible Tax System in Mauritius for Set Up Your Business

 

Mauritius has become a leading offshore financial services centre in the Indian Ocean, with the country’s tax system being particularly attractive. The corporate tax rate is only 12.5%, which is on average 3.3 percentage points below the rate of other competing financial services centres, such as Hong Kong, Singapore and the British Virgin Islands. This favourable tax regime is the main reason why Mauritius has attracted more than 1,000 offshore companies in just over a decade.

·       Easy Company Incorporation Process in Mauritius for Set Up Your Business

 

Incorporation of a private company is a process in which a company is created by registration in the commercial register. The process creates a company with separate legal personality. A company set up this way is called a limited company, or Ltd. The company is generally required to have at least one director and one secretary, and a company secretary is a legal requirement. A person cannot fill more than one of the roles, except when acting in a personal capacity. The Mauritius company registration process is relatively simple, with all forms available online in English. However, the company must be set up through a local registered agent who provides legal and corporate services.

 

·       Excellent Protection for Foreign Business Owners in Mauritius

 

TBI is a full-service law firm based in Mauritius that can provide a global and international legal service. It is one of the leading law firms in the country, with a wide range of international clients. It has an extensive experience in drafting contracts, setting up companies and trusts and in the due diligence process.