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5. Wondering how to get a work permit in Vietnam in 2020? Anguilla Offshore Company - How it works? 6. 15. Authorized Company is viewed as a foreign company for tax planning purposes. Mauritius Company Formation GBC II Vs. GBL. Mauritius Offshore Company Formation. Check out this article to know how this rule works! Offshore banking in Mauritius is integral to the offshore sector, especially where company incorporation is concerned. Mauritius enacted most of its offshore legislation in the late 1990’s, early 2000.
Le nouveau est un GBL. Mauritius company formation – secure jurisdiction and highly prominent reputation. Guide to Personal Income Tax in Vietnam for Foreigners 2020. 2 mins video Mauritius Offshore Company has become a credible jurisdiction offering a reliability and security to investors through its flexible regulatory framework, holding a Category 2 Global Business Company Licence (Authorised Company) is often used for trading and investment. Applications for St. Kitts citizenship are also facilitated.
Further help is provided from a licensed agent for other IBC formation services and asset protection tools.
Mauritius offshore incorporation further comprises the formation of Protected Cell Companies which are an innovative entity of the offshore sector. 8. Which is the most popular legal entity in Cayman? Find out what they are! Muritius Offshore. Mauritius, strategically located in the Indian Ocean region has built a strong international reputation as a well regulated and business-friendly financial services centre for conducting a host of offshore business activities and for efficient international tax planning. These services help make Mauritius a competitive offshore jurisdiction internationally and one of the leading financial centres within its region.
Vietnam import regulations in-depth explained. Guide to Corporate Tax in Vietnam for Foreigners. Furthermore, give the proposal company names so that we can check the eligibility of company name in Mauritius Registrar of Companies system. Find out more. There are some tools to help you check your company status and what licenses you need to prepare before registering a Hong Kong company. 7. Time of Mauritius company formation takes around 3 WEEKS. As a tax haven, Mauritius offers company incorporation services for these two types of offshore companies, giving investors the option of choosing the GBC2 which is solely used as a corporation, or to incorporate offshore the GBC1 which can undertake specified types of business activities that the GBC2 is prohibited from conduction. However, in this blog, we only dig into details with the two most popular types, which are Global Business Corporation and Authorized Company. Overview; Mauritius Business Start-up & Support. Here are its duties: However, the MRA issued a Statement of Practice to consider if a company is controlled and managed inside of Mauritius or not: According to the law, an Authorized Company is eligible for doing business in the following categories: And here is a list of restricted activities for AC according to the Fourth Schedule of the Financial Services Act 2007: Besides all the activities listed above, ACs are also not permitted to do any business that might cause harm to the reputation of Mauritius as an International Financial Centre, or go against the public interest. * Start your business at just $2,390. Our Solution, Your Success. Plus, tax returns are needed to be submitted with Income Tax Authorities. We provide the best and most competitive value to you as valued customers to transform your goals into a solution with a clear action plan. This blog will answer the big question: is it ideal for foreigners? Samoa Company Registry - How it works?
Set up and manage your oversea company across the globe, Open corporate bank accounts in offshore financial centers and leading financial hubs in Asia, Fulfill annual reporting requirements with outsourced accounting and auditing activities, Start receiving online payments with a merchant account, Enhance your business image with a mailing address in prime locations, Make informed decisions with news and insights.
The Prime Minister and Minister of Finance and Economic Development decided to reform the Global Business sector. As a tax haven Mauritius offshore a varied suite of offshore financial services, to include international trustee services, international insurance company services and offshore banking. This website uses cookies in order to improve user experience. There are several types of legal entities that are available to foreign investors inside of Mauritius, including Global Business Corporation (formerly known as GBC1), Authorized Company, Funds, Protected Cell Company, Limited Partnership, and Limited Life Company. Check out the guide to those useful tools! Check it out! We accept payment by Credit/Debit Card , Paypal or Wire Transfer to our HSBC bank account (Payment Guidelines). Also, all of the documents such as accounting records, statutory documents must be kept in the office at all times. La nouvelle structure est la formation d’une société mauricienne dotée d’une licence commerciale mondiale (GBL).
The corporate income tax rate in Vietnam is 20% currently. BBCIncorp can consult and assist you along the way of incorporation, from the registration process to the very end, click here to find out now! Full Mauritius Offshore Company kit will courier to your resident address by express (TNT, DHL or UPS etc.). We will only notify the newest and revelant news to you. Such tax freedom helps Mauritius offshore companies to make the best of their international business operations in a low tax environment. Mauritius is not a party in any double taxation treaty, which provides enhanced protection against fiscal inquiries. Mauritius thus has the potential of developing a formidable sector once the right among of resources can be invested into company incorporation, offshore banking and other key international financial services.
These are the 2 most common offshore business entities in Mauritius. Nous formons des sociétés mauriciennes. Offshore company incorporation is an activity that is well regulated and meets international standards set by agencies such as the OECD and FATF.
When should the annual return be delivered of Seychelles?
Offshore company for Indian citizens: What things to consider. Which is the most popular legal entity in Belize? Understanding Vietnam import regulations and obtaining a license aren't as hard as you think. The Authorized Company is a new type of company that has its business activities, as well as the control and management, are being carried out outside of Mauritius. After collecting full information from you, Offshore Company Corp will send you a digital version (Certificate of Incorporation, Register of Shareholder/Directors, Share Certificate, Memorandum of Association and Articles etc.) Mauritius offshore banking, as mentioned earlier, helps to facilitate offshore company incorporation, especially Mauritius offshore companies are able to use the island as a one stop shop to resolve their international trading matters. Mauritius offshore incorporation laws state that these offshore companies are resident companies, however the GBC2 is exempt from all local taxes. 19. Sounds perfect for a sunny holiday by the blue sea? The fundamental requirement to set up an AC in Mauritius is that the company must be detained or controlled by a person or a group who are non-resident. For more information about the cookies we use or to find out how you can disable cookies, click here. 18. A GBC must also be managed or controlled within Mauritius and more importantly, be administered by a Management Company – the middle man between a GBC and the FSC. Company Formation, Administration & Management; Accounting & Bookkeeping; Virtual Office Solutions; Bank Introductions; Trademark & IP services; Company Formation. This acts as a permanently-registered agent and is in charge of the administration of the AC. 11.
According to the law, a GBC must operate its core income-generating activities inside or from Mauritius. We promise swiftness, confidentiality and security. You settle the payment for Our Service fee and official Mauritius Government Fee required. Tax haven Mauritius continues to benefit from offshore company incorporation and seeks to expand its economy through diversification. Company incorporation is done through the Registrar who is appointed to issue certificates of incorporation as conclusive evidence of the legal existence of a Mauritius offshore company upon company incorporation. The GBC (formerly known as GBC1) is registered under the Companies Act 2001 and licensed by the Financial Services Commission. 16.
However, the government offers lower tax rates and also tax exemptions to some enterprises. As one of the most progressive economies in the Africa region, Mauritius can be your ideal choice when going offshore. Sole proprietorship in Vietnam and everything you should know before getting yourself into it. For support on how to apply for second citizenship under Dominica citizenship by investment visit the contact us page and submit a request for information. And unlike the GBC, this type of legal entity doesn’t benefit from Double Tax Avoidance Agreements of Mauritius. Jersey Offshore Company Formation - How it works? When should the annual renewals be delivered in BVI? 9. Depending on the business category or your demand, you can opt for either Global Business Corporate or Authorized Company. We are always proud of being an experienced Financial and Corporate Services provider in the international market. You can select level of services you need, normal with 5 working days or 3 working days in urgent case. These reforms have been put in force and strengthen the Global Business sector while guaranteeing the compliance of Mauritius toward international standards (peculiarly OECD’s BEPS Action Plan). Sounds perfect for a sunny holiday by the blue sea? If you close this box or continue browsing, we will assume you agree with this. Offshore banking can be considered the principal means by which offshore companies transact and conduct business, and therefore heavily rely on efficient, quality offshore banking services. All types of company in Vietnam and their required documents as per the current law to establish that foreign investors should know of. Mauritius offshore company incorporation is an important part of the island’s economy. One thing to keep in mind, two local directors must be assigned (the minimum number of directors) and the BoD meetings must be organized in Mauritius. During the past years, Mauritius has gone out of their way to gain a solid reputation as a secure and reliable investment destination when it comes to stable governance, transparency, ethics, economic, and political freedom. This in-depth explanation can make you step closer to your business dream. Fast, easy & highest confidential via Doing business in Mauritius as an offshore company. Hong Kong Tax Haven: What Can Be Revealed? The Mauritius offshore companies are formed according to the laws of the Mauritius Company Act of 2001. Your Mauritius Company formation completed, ready to do international business! Copyright © 2010 - 2020 Muritius Offshore.
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