Offshore Company Formation in Mauritius

Mauritius is one of the best places to start a foreign business. The island offers to invest in varieties of sectors including export and import, manufacturing, aviation etc… The place offers vitals of opportunities to grow to foreign investors by offering them to invest either in GBC1 or GBC2. Today, the land has become a central of attraction to many investors across the world. It is considered the safe place to invest. Companies that are looking for a foreign company formation in Mauritius, should be much aware of GBC1 and GBC2 company formation. Understanding to differentiate between GBC 1 and 2 gives the opportunity of safe investment. 

GBC1

Mauritius GBC1 companies are resident in Mauritius that consequently subject to tax. These companies gets benefits from tax credits and are allowed to do structure investments with Mauritius treaty partners including Luxembourg, India, China and Thailand. The companies ACT and Mauritius Financial Service Commissions are regulated to all GBC1 companies. They get a business license and are allowed to invest in various types of businesses across the world. Setting up a GBC1 organization takes around 3-4 weeks. The taxation varies from 0% to 3%. They are liable for double taxation. Various types of currencies are run for the business. In terms of rules and regulations, GBC1 companies have to follow some rules and regulations. According to the rules, GBC1 companies have required minimum 2 directors. It is must to appoint 2 local directors. Such companies should have at least one share holder and a company secretary is must to appoint. Audit for the business is must. As well as it is important to fill the account on time.

GBC2

A GBC2 company has found several types of work freedom. It is free from tax and the company setup rules and regulations for them are easy to follow. But they cannot do business with Mauritius business partners. They are not resident companies, therefore, the corporate tax on them is of 0%. There is no double tax. Various types of currencies can be used by them. It is must for them to appoint at least 1 director. Appointing a company secretary is optional for them. 

To establish a Offshore Company Formation in Mauritius, it is important to do a proper planning. Hiring a company formation agency is an excellent idea as they are smart in handling company formation issues smartly. They are mastered in dealing with various types of offshore company formation services including appointing a secretary, establishing a virtual office and official work. 

visit  Mauritius GBC1 kindly click on http://www.ukincorporation.co.uk/mauritius-gbc1 and Mauritius GBC1 kindly click http://www.ukincorporation.co.uk/mauritius-gbc2

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How to Start an Offshore Company

Decision of an offshore company setup is an excellent idea. It expands your business to international level. It gives recognition and branding to your occupation. There are several other benefits of starting your occupation offshore. It saves your tax and can provide better returns. If you are all set to setup your business outside your nation, it is must to be familiar yourself with challenges you may face at this time.

• Check your financial status first: It is must to know how much you can able to invest and your financial ability to bear financial challenges. Ensure about your financial assistance such loans and personal financial assistance. If you are financially well-established, you can run your occupation without any hesitation. Your strong financial condition helps you to bear risks in your occupation.
• Choose a country carefully: It is important to choose a country for offshore investment. It is necessary to select the nation that offers work freedom, tax saving and has easy legislation. Check carefully the statutory rules and regulations of investments. Banking facilities, the economic relationship of the country with other countries, economic and political stability etc… London, Singapore, Mauritius and various other islands offer easy offshore company formation opportunity.   
•  Setup a virtual office instead of a physical office: A virtual office is the office that saves your money because it offers you to run your foreign business from your prime office address. Today, offshore company setup agencies work on behalf of those companies interested in setting up a foreign corporation. These agencies offer virtual office assistance. Emails, calls and other statutory related documents are transferred to your prime office address. You can able to use the virtual office address for your company meetings many times without any interruption. Therefore, it is must to find out company formation agents to form an ideal company.
• Setting up a foreign bank account: It is must to open a business bank account in the country where you want to setup your foreign branch. This would be helpful in setting up your foreign business outside. It runs your occupation smoothly.

These are important things to keep in mind to setup your company in a foreign land. These are a few tricks to apply for your occupation. These days, many companies have found virtual office company formation idea excellent to give recognition to their occupation. Many of them have adopted the idea and have found success.

Learn More : UK offshore company formation

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