Business registration, incorporation, efiling and payment of yearly fees. Fees quoted may vary dependent on exposure, level of technical complexity. Company registration process in mauritius for foreigner is discussed step by step. Department of registrar of companies and official receiver. Mauritius foreign company registration, formation or incorporation as law and process of the country manages business license, permissions of. The department of registrar of companies and official receiver announces that as of 30102019, the current website is terminated and visitors can address to the following new websites. The registrar of companies is responsible for tracking, processing, and administering all limited liability companies, including. This means, for example, that if a company including a company formed before 2016 was registered on 1 april, registration fees.
Mauritius offshore company formation financial companies. The business registration act 2002 mauritius chamber of. In line with international best practice, the law provides modern vehicle for domestic and international investors to invest in and from mauritius. All business activities that are set up and registered in mauritius will be registered with the registrar of companies. Cayman islands general registry an official website of. Companies as from 30th april 2019 to access this platform please click on incorporate your company on our website companies. Annual fees do not include professional, administrative or secretarial services. Clients establishing a mauritius offshore company can attract additional scrutiny from tax authorities and banks. Incorporation of company mauritius chamber of commerce. Register of companies and business trading names maintained. Search companypartnershipbusinessavailability of name. Registration fee payable is according to the workforce as follows not applicable to companies and commercial partnerships.
According to the act, the island records office should be established to record the following documents. Companies division one cathedral square, jules koenig street, portlouis. Corporate and business registration department mauritius. Executive services limited is a leading company in the field of corporate secretarial services in mauritius. Diligentia corporate services limited is located in mauritius. The island record office iro is an arm of the registrar generals department that was established by the record office act under the act of parliament in 1879. Appoint 2 persons who act as agents for the company and are residents of mauritius. Companies in india must conduct an annual general meeting at the end of each financial year and file an annual return with the ministry of corporate affair to maintain compliance. We register company information and make it available to the public. Mauritius offers everything from stable banks to unique global business company gbc legislation. Financial statements to be presented in mauritius currency unless otherwise approved by registrar.
The registrar has power under section 308 of the companies act 1965 to strike defunct companies off the register. Companies holding a category 2 global business license are required to maintain financial statements to reflect their financial position but, are not required to file accounts with the mauritius registrar of companies. Striking off defunct companies bcs 20205 corporate. Registration cyprus and administration schedule of fees of. The institute of judicial and legal studies of mauritius ijls devises, organises and conducts continuing professional development programmes, seminars or workshops for each of the three branches of the legal profession with a view to broadening the knowledge of law practitioners and legal officers and keep them abreast of developments in the law. This was introduced in order to put into operation the provision under section 51 of the companies. B u s i n e s s s t r u c t u r e b u s i n e s s s i n c o r p o r a i o n b u s i n e s s e r e g i s t r a t i o n. For a worldwide registry of most companies engaged in any type of financial transaction stocks, bonds, derivatives, foreign exchange, etc. Stakeholders are kindly advised to refer the revised name rules before making any application for company. Mauritius company registration, business in mauritius. First time buyer exemption under section 273 and 4 of the registration duty act first time buyer exemption under section 274 and 5 of the registration duty act first time buyer exemption under section 275a of the registration.
Companies and businesses registration integrated system cbris mauritius network services ltd mns is the service provider for the cbris. Mauritius companies suffer from the islands tax haven reputation. The project has been worked out by the corporate and business registration department cbrd in collaboration with mauritius. This means, for example, that if a company including a company formed before 2016 was registered on 1 april, registration fees must be paid not later than 29 april. Corporate and business registration department fees. In no event shall the fsc be held liable for damage of any nature, direct or indirect, arising from the use of information contained in this register. Deedsother documents registrar generals department.
Registrar of companies dubai international financial centre. A penalty of rs 2,000 per month or part of the month up to a maximum of rs 5,000 applicable to companies having annual turnover less than rs 10 miilion, excluding global business companies. Your annual return, which includes your address, and details of directors and shareholders, must be updated on the companies register every year. He may do this when he has reasonable cause to believe that a company is not carrying on with business or is not in operation. The country includes the islands of mauritius, rodriguez and the outer islands of agalega and st brandon. The fsc is the integrated regulator in mauritius for the financial services sector other than banking, and global business. As of 26 march, the cayman islands government has deferred the obligation to pay annual fees until 30 june for corporate entities registered in the cayman islands. Register of licensees financial services commission mauritius. Companies act 2001 corporate and business registration. The project has been worked out by the corporate and business registration department cbrd in collaboration with mauritius network services ltd mns, the service provider.
Mauritius company registration d oing business from outside of mauritius in 2020 effective 1 january 2019, the mauritius government abolished the category 2 global business license gbc2 company, and introduced a new entity, called the authorized company. The corporate and business registration department is a government office, which falls under the aegis of the ministry of finance and economic development. Fees payable all prices are vat inclusive fees mur search fee per company nil e modes of payment are. In addition, incorporated companies can also pay their yearly registration fees through the system. We would like to bring to your attention the provisions of a new law which was recently introduced in cyprus as a result of which, all companies incorporated in cyprus must from now on, pay an annual fee of 350 to the registrar of companies except in their year of incorporation. In order to perform a search for a particular organisation, key in the name or words from the name or the number of the organisation. Back to republic of mauritius portal sign in corporate and business registration department a department of the ministry of finance, economic planning and development. Mauritius foreign company registration service, fee, consultant. Mauritius company documents, order copies of official company documents held at the registrar of companies, apostille services available. One new case of covid19 was registered, today, after the country had seen zero new cases for the last five consecutive days. Our core businesses are incorporation of companies, business registration, full corporate secretarial and administrative services including accounting and tax services. Corporate secretarial service provider mauritius executive.
Fees corporate registry the information provided below is for convenience and is not intended as a replacement or interpretation of the legislation. Mauritius foreign company registration service, fee. A penalty of 5% of the amount of tax applicable to companies having turnover not exceeding rs 10 million and global business companies. It is in the year 1938, that the department of the registrar of companies was introduced, and the affairs relating to the registration of companies was assigned to it. A company register is a register of organizations in the jurisdiction they operate under. Miod has a service agreement with navitas corporate services ltd for the provision of company secretarial services. Ministry of corporate affairs has revised rule 8 of the companies incorporation rules, 2014 on 10th may 2019. Taking security in mauritius a comparative guide for investors provides an overview of the types of assets over which security can be taken in mauritius, the different types of security, as well as the related procedures for the perfection and enforcement of such security. Any person wishing to use the system must register with mns by following the procedure below.
This mauritius guide forms part of wider series focusing on the most. Your partner for company registration and opening bank accounts. Companies that hold a mauritius gbc2 are not resident for the purpose of tax and have no right to use mauritius. Global business license gbc gbc companies are considered as resident in this jurisdiction, hence benefit from various double taxation treaties that mauritius holds.
Fees corporate registry province of british columbia. Establishment of the cbrd 1 there is established for the purposes of this act a central business registration database, which shall be known as the cbrd. Organisation and name search this service offers the possibility to search in the list of registered organisations and names study file. The companies act 2015 requires a company to pay prescribed annual registration fees to the registrar of companies within 28 days of the anniversary of its registration date. Company information can be purchasedobtained from website. A foreign company can also set up a subsidiary company in mauritius. Registrars of companies roc appointed under section 609 of the companies act covering the various states and union territories are vested with the primary duty of registering companies and llps floated in the respective states and the union territories and ensuring that such companies and llps comply with statutory requirements under the act. Corporate and business registration department home. Civil registry information system cris deed or document recording. Mandatory activities should have to be done after registration of company. The companies and businesses registration integrated system cbris is a webbased portal developed for the corporate and business registration department cbrd to allow. Share holder will submit consent copy where share holders number of shares, qualification, paid up capital will be declared and this is basic requirement of company formation in mauritius. The tourism industry is partially closed to foreign investors looking for a business registration in mauritius.
These are the common ways of company registration in mauritius for foreigners under fdi law. Effective from 1 january 2019, the mauritius government has replaced the category 2 global business license gbc2 company by the standard global business license gbl company. Searching the companies register get help to use and understand our search options there are several ways you can search the companies register to find the information we hold about new zealand and overseas companies, and their current status. The mcci is a dynamic actor in the socioeconomic development of mauritius. Navitas corporate services ltd provides a wide range of corporate secretarial, administration and advisory services to domestic clients ranging from the small standalone companies to large conglomerates listed on the stock exchange of mauritius. Annual fees apply only where assets under management do not exceed 5 million usd. Ministry of corporate affairs registrar of companies. The accounting and corporate regulatory authority acra is the national regulator of business entities, public accountants and corporate service providers in singapore. Corporate and business registration department a department of the ministry of finance, economic planning and development top link bar corporate and business registration. To support national planning and to provide evidence of every birth, stillbirth, death, adoption and marriage and provide a secure repository for public records. Registrar of companies 5th floor, prithvi planet, behind hanuman mandir, ulubari, g.
The registrar of businesses shall be the registrar of companies appointed under the companies act 2001. Incorporated to the registrar of companies of the republic of mauritius in 2011 diligentia corporate services limited provides quality services to local and foreign clients in europe, usa, india, and china. Mauritius company formations incorporate in mauritius. We can incorporate both global business category gbc companies and authorised companies ac. Toggle navigation during this crisis please contact. New companies in bermuda must be registered with the registrar of companies. The departments mission is to ensure efficient and effective administration of entities interalia the registration of businesses, industrial property, marriages, administration of estates and. Registrar building pope hennessy port louis, mauritius. Private limited company mauritius incorporation process. Register company in mauritius other jurisdictions setup. Registration fee registration fee is an annual fee payable to the registrar of companies under part i of the twelfth schedule of the companies act 2001 so long the company or commercial partnership remains registered with the registrar.
Registrar of companies department of the registrar of. The companies act annual registration fees munro leys. Jun 21, 2018 registrar building pope hennessy, port louis, mauritius. You can check for company names, order certified documents, certificates of compliance and reserve your company name online. Mauritius offshore company formation registry gbc1, ac. The mauritius chamber of commerce and industry serves and promotes the interest of the business community. The information is held by the mauritius, registrar of companies and the mauritius registered agent. Your company profile can include contacts and description, products, photo gallery and your business location on the map. One of the good things for foreign investors is that companies registered in mauritius can be 100% foreign owned with no minimal capital required to set up the company. After then register a company and branch of a foreign company with the registrar of companies. The registrar of companies roc is established under article 7 of difc law no. Business registration procedures step by step at mcb, you will get the right support right from day one. Registrar definition of registrar by the free dictionary. Please find below a table detailing the main types of business entities available for registration in mauritius.
Registration of business mauritius chamber of commerce. Company registration process in mauritius, cost, time. Welcome to the malta business registry the malta business registry mbr, established under subsidiary legislation 497. Corporate and business registration department a department of the ministry of finance, economic planning and development top link bar corporate and business registration department. According to the company act of mauritius, the private limited company should dispense shareholders meetings and the minutes of the meetings should enter into the minute book. Mauritius business directory list of companies in mauritius. This document will help you register your business in mauritius. It is a popular tourist destination famed for its sandy white beaches. He may do this when he has reasonable cause to believe that a company. A mauritius gbc2, analogous to international business companies ibcs, is primarily used for trade and investment and has a well established offshore company formation industry. Register company in mauritius mauritius is full of potential for the avid investor seeking to begin a new base and registering a company in mauritius. Click to read the fee schedule and prices for the incorporation of an international corporation, llc or partnership in mauritius.
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