Mauritius Offshore Incorporation

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) November 3, 2009 -- Mauritius Offshore Incorporation
Global Business Company Category 2 (”GBC 2″)

Mauritius GBC2s are companies incorporated under the Companies Act 2001 with a category 2 Global Business Licence. GBC2 companies are designed for business outside of Mauritius and may not carry on business in Mauritius (subject to a number of statutory exceptions). GBC2s are commonly used for:

the holding / ownership of investments and assets( real estate or shares or other property)commercial transactions and international trading operations asset protection consultancy companies.
FEATURES & BENEFITS OF MAURITIUS GBC 2 Companies

Fiscal advantages

* Mauritius taxation on foreign income: no
* Mauritius stamp duty on transfer of GBC2 shares: No
* Minimum annual Mauritius Government License fee (aggregate): US$ 200

Directors

* Minimum number of directors: 1
* Corporate directors permissible: yes
* Local director requirement: no
* Publicly accessible records of directors: no
* Location of directors meetings: anywhere

Shareholders (members)

* Minimum number of shareholders: 1
* Corporate shareholders permissible: yes
* Local shareholder requirement: no
* Location of shareholders meetings: anywhere
* Publicly accessible records of shareholders: no

Beneficial owners (clients)

* Publicly accessible records of beneficial owners: no
* Shares may be held by a nominee on behalf of beneficial owner client

Company Secretary

* Appointment of Company Secretary requirement: optional

Share capital

* Stated Capital: With the Companies Act 2001, the concept of authorized share capital has been abolished. A GBC2 company can now issue shares without any restriction.
* Standard Minimum Paid up Capital: US$1
* Standard currency: USD,EUR,GBP
* Permitted currencies: any (except Mauritian Rupees)
* Registered shares (bearer shares not permitted)

Accounts and returns

* Requirement to file annual Accounts: no
* Audit requirement: no
* Publicly accessible Accounts: no
* Requirement to file annual company return: no

Other

* Migration/re domiciliation of companies to or from Mauritius : yes
* Double taxation treaty access: no

* Confidentiality: There are no publicly accessible records of directors or shareholders or beneficial owners / clients; and use of nominees permitted; Permitted currencies: any (except Mauritian Rupees)
* Registered shares (bearer shares not permitted)

Accounts and Returns

* Requirement to file annual Accounts: no


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