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
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