Authorized Company

An Authorized Company can carry out any lawful business activities except the following activities which are set out in the Fourth Schedule to the Financial Services Act 2007:

    • •   Banking;
    • •   Financial Services;
    • •   Carrying out the business of holding or managing or otherwise dealing with a collective investment fund or
    •     scheme as a professional functionary;
    • •   Providing registered office facilities, nominee services, directorship services, secretarial services, or other
    •     services for corporation; and
    • •   Providing trusteeship services by way of business.

The tax implication of an authorized company are as follows:

    • •   treated as non-resident for tax purposes in Mauritius;
    • •   required to file an annual tax return with the Mauritian Revenue Authority (MRA).

Key requirements/features of an Authorized Company:

An applicant for an Authorized Company should meet the following conditions:


    • •   the majority of shares or voting rights or the legal or beneficial interest in the company, are held or
    •     controlled, as the case may be, by (a) person(s) who is/are not a citizen(s) of Mauritius;
    • •   the activity (ies) of the Company is/are being conducted principally outside Mauritius or with such category
    •     of persons as may be specified in FSC rules; and
    • •   the company has its place of effective management (POEM) outside Mauritius.

Our professional services to Authorized companies include:

    • •   Advice on company set up
    • •   Incorporation of the company and liaising with the authorities
    • •   Day-to-day business and corporate administration services:
      • •   Provision of directors, secretary, and nominee shareholders
      • •   Processing of routine trasnfers
      • •   Payment of regulatory fees
    • •   Maintenance of books and accounting records
    • •   Preparation and filing of financial statement and annual tax return
    • •   Ensuring post-statutory compliance with the company and tax laws (filing of changes on Directors,
    •     Shareholders)