Mauritius is an island located in the Indian Ocean off the east coast of Madagascar and has a reputation as a tropical paradise by many people around the globe and attracts torurists from around the world. Mauritius provides a wide range of opportunities in the area of corporate and financial services. It is a perspective environment for banks, insurance and reinsurance companies, captive insurance managers, trading companies, ship owners or managers, fund managers and professionals to conduct their international business.

Mauritius Authorised Company is the most advantageous option for foreign investors since this type of company is principally owned by non-Mauritius citizens. Authorised Company carries out its activities and is centrally managed outside of Mauritius, the majority of shares / voting rights / beneficial interest are controlled by persons who are not citizens of Mauritius. 

Authorised Companies are treated as non-resident in Mauritius for tax purposes hence are not subject to tax on income from foreign sources along with not being eligible to benefits under Double Taxation Treaties. Companies nonetheless are required to file a return of income to the Mauritius Revenue Authority within 6 months of its year end.

According to the Financial Services Act, an Authorised Company is not allowed to perform the following activities:  

• financial services, including banking;
• holding, managing, or dealing with a Fund as a professional administrator;
• providing registered agent, nominee, directorship and secretarial services, or other services to corporations;
• providing trusteeship services;
• any other activities that may damage reputation of Mauritius.