Global Business Company

A Global Business Corporation is a licensed corporation by the Financial Services Commission, formed or registered in Mauritius, that primarily conducts business outside of Mauritius. If the company is controlled by non-citizens of Mauritius and its main activities are conducted outside of Mauritius, it must apply for a Global Business License. The license demonstrates substance in Mauritius and allows the entity to benefit from Mauritius’ Double Tax Treaties.

To become a Global Business Company, resident corporations must apply for a Global Business License through a licensed Management Company. As your Corporate Secretary, we can help you find the right Management Company to assist you with the incorporation process that fits your project and budget.

Global Business Company incorporation requirements

  • Appointment of 1 shareholder
  • Appointment of 2 qualified directors living in Mauritius
  • Board Meetings to be held in Mauritius
  • Main bank account & Physical office to be held in Mauritius
  • Accounting records and statutory documents must be well kept
  • Appoint a local Management Company like Mauritius Company Formation
  • Audited Profit & Loss account and Balance Sheet to be submitted yearly
  • Company clause to solve disputes by arbitration
  • Shares registered on a securities exchange

Activity licences which a GBC can avail under other legislations

While a GBC is incorporated and operates under the laws of Mauritius, it can avail itself of activity licenses under other legislations. Activity licenses allow a GBC to engage in specific business activities, such as financial services or investment activities, and operate in other jurisdictions. Below, we have compiled some of the activity licenses that a GBC can obtain under other legislations, providing you with a comprehensive understanding of the options available when looking to expand your operations globally.

Financial service providers / activities

Assets Management, Distribution of Financial Products, Pension Scheme Administrators, Registrar and Transfer Agent, Treasury Management, Custodian Services (non-CIS), Global Headquarters Administration, Global Treasury Activities.

Specialised financial services / institutions

Credit Finance, Factoring, Leasing, Actuarial Services, Credit Rating Agencies/Rating Agencies, Payment Intermediary Services, Representative Office (for financial services provided by a person established in a foreign jurisdiction), Other Financial Business Activity.

Securities or capital market intermediaries

Investment Dealer, Investment Adviser, Representative of Investment Dealer, Foreign Investment Dealer.

Collective investment schemes (CIS) and closed-end funds (CEF)

CIS, Closed-end fund, Foreign Scheme fund.

CIS functionaries and professionals

Custodian, CIS Manager, CIS Administrator

Insurers / Reinsurers

External Insurance Business, Professional Reinsurer

Insurance service providers

Insurance Manager, Insurance Agent (Company), Insurance Broker

Private pension schemes

Foreign Pension Schemes, External Pension Schemes