Frontfin incorporates four different tax friendly entities in Mauritius:

Trusts

Trusts may be either tax resident or non-resident. If electing and qualifying for tax residency, they are taxed as Offshore Companies. Otherwise they are not taxed.


Companies with Category 1 Global Business Licenses (GB1)

Companies and Trusts with Category I Global Business Licenses (GB1) are taxed at the same rate as any other company but may receive rebates for foreign taxes paid. A deemed foreign tax of up to 80% may be claimed without proof against foreign income. This reduces the effective tax rate for these companies to 3%. Trusts can also hold a GB1 license with the same tax effects. These companies can apply for tax residency status. There are restrictions on dealing with non GB1 and GB2 Mauritian companies.



Companies with Category 2 Global Business Licenses (GB2)


These companies are not tax resident in Mauritius and are therefore not taxed. Mauritian residents cannot be direct shareholders of GB2 companies.



Companies without either Global Business License (Domestic Companies)


These companies are taxed at 15% and are free to transact with local business. They are also used to hold property in Mauritius. They may be 100% owned by non-Mauritian citizens. 

Frontfin can provide trustees, nominee shareholders and directors.

Have a look at the legislation governing these entities.

Offshore Companies (GB1) and Trusts benefit from advantages gained from Double Taxation Avoidance Treaties.


We also assist with entities incorporated in jurisdictions other than Mauritius.

Most companies and individuals wishing to transact on an international basis find that the incorporation of one or more of the above entities has profound advantages.