| Main corporate features | |
| General | |
| Type of Compan | Global Business Company |
| Type of Law | Сommon law |
| Company Registration Period | 2 days |
| Corporate Taxation | No |
| Double Taxation Treaty Access | No |
| Automatic Information Exchange Agreement | No |
| Shelf Company Availability | Yes |
| Share capital | |
| Minimum Paid-Up Capital | US$1 |
| Standard Currency | US |
| Permitted Currencies | Any |
| Minimum Authorized Capital | No |
| Bearer Shares | No |
| Directors | |
| Minimum Number | One |
| Residency Requirement | No |
| Publicly Aсcessible Records | No |
| Board of Directors’ Meeting Location | Anywhere |
| Shareholders | |
| Minimum number | One |
| Publicly Aсcessible Records | No |
| Place of holding of Meetings of Shareholders | Anywhere |
| Company Secretary | |
| Secretary Appointment | No |
| Reporting | |
| Preparation Requirements | Yes |
| Requirements to prepare audit | No |
| Annual Return | No |
| Account Filing Requirements | No |
| Publicly Accessible Accounts | No |
| Recurring Government Costs | |
| Minimum Annual / Licence Fee | USD 235 |
| Annual Fees | USD 65 |
Global Business Company II (GBC II)
Corporate Legislation
The Companies Act 2001, Financial Services Act 2007, Finance (Miscellaneous Provisions) Act 2009.
Business Activities
A GBC 2 cannot carry out the business of company formation, banking, insurance, administration and management or provide professional nominee or trusteeship services. It is furthermore prohibited from raising capital from the public and offer financial services or other services to any investment fund or collective investment scheme.
Obligatory Requirements to the Company
GBC2 should have a Registered Office and Registered Agent in the Mauritius. GBC2 cannot conduct business operation on the territory of Mauritius.
Taxation
The company is exempted from taxes on 100%.
Type of Company used for International Business and Investments
Global Business Company.
Authorized Share Capital
Authorized capital can be in any currency.
Bearer Shares
Not allowed.
No par value Shares
Not allowed.
Shareholders and Directors
The minimum number of Shareholders - one (physical or legal person).
The minimum number of Directors - one (physical or legal person).
Provision of Fiduciary Services
Yes.
Disclosure of Information on the Beneficial Owner and Bank Operations
Information is not available to the third parties.
Shareholders/Directors Meetings
Meetings of shareholders and directors can be carried out worldwide.
Filing of Annual Accounts
No.
Filing of Annual Return
Yes.
Keeping of Documents of the Company
The place of keeping of operational documentation (resolution, minutes of meeting entc) of the company is up to the decision of the directors.
Registration Time Frame
Company can be registered within 2 working days.