Authorised Company
An Authorised Company is treated as a non-resident company for tax purposes in Mauritius and is required to file an annual tax return with the Mauritius Revenue Authority (“MRA”) and a financial summary within six months of its balance sheet date.
An Authorised Company can carry out most of the business activities in Mauritius except banking, financial services, nominee services, directorship services and secretarial and trusteeship services amongst others.
Eligibility criteria to apply for Authorised Company status
An applicant for Authorised 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 is required to have its central management and control outside Mauritius.
The authorised Company must have a registered office and agent in Mauritius. Details about its beneficial ownership and proposed activities must be provided to the FSC.
Authorised Company is normally used for international trading activities, consultancy services, holding private assets and invoicing.