Mauritius has firmly established itself as a strategic financial hub for international investors, thanks to its stable legal framework and flexible corporate structures. Among the most prominent options are the Global Business Company (GBC) and the Authorised Company, both offering a secure, internationally compliant environment for local and cross-border operations.

C&S Secretarial Services outlines why these entities are essential tools for ensuring good governance, compliance and transparency and enabling businesses to optimise their international investments and transactions.

The importance of GBCs in Mauritius: Key figures and economic role

GBCs play a pivotal role in the Mauritian financial ecosystem. According to the IMF’s 2025 report, more than 13,000 GBCs were operational in Mauritius as of December 2023, a testament to their growing economic significance. These companies are integrated into the national accounts and balance of payments, contributing meaningfully to the country’s revenue and economic activity.

Main activities of GBCs

• Holding equity and managing financial assets
• Fund management and advisory services for international investors
• International trade and cross-border transactions
• Diversified financial services, including portfolio structuring and optimisation

The IMF has noted some discrepancies in estimates related to output and implied exports, prompting the Bank of Mauritius and Statistics Mauritius to align their data with technical assistance from the IMF. This process aims to ensure the reliability of macroeconomic indicators and strengthen the credibility of Mauritius as a financial centre.

Encart 1 – Key GBC statistics in Mauritius

• Over 13,000 GBCs were active in Mauritius as of December 2023
• Of the 13,564 GBC licences, approximately 30% are under foreign ownership
• GBCs mainly focus on equity holding, fund management, international trade, and consultancy services
• The IMF highlights their key role in the Mauritian economy and their growing integration into national accounts and the balance of payments

The GBC: A secure vehicle for international business

GBCs are licensed by the Financial Services Commission (FSC) and are designed for companies that conduct primarily international activities. They offer a flexible, compliant and transparent structure that aligns with both local and global legal requirements.

Governance and compliance

• Regular board meetings
• Detailed minutes for each strategic decision
• Accurate bookkeeping and financial reporting, aligned with FSC and international standards

These requirements ensure transparency and reliability, building trust among partners and foreign investors.

Strategic uses of the GBC

• International investments and asset management
• Holding international and local companies
• Global trade within a secure legal framework

Encart 2 – Governance and statistical harmonisation

• The Bank of Mauritius and Statistics Mauritius have improved the consistency of macroeconomic data related to GBCs
• Collaboration supported by the IMF through several missions (2021, 2024, and 2025)
• Goal: to align statistical treatment of GBC-related services with international standards
• Notable progress in the inclusion of GBCs in national accounts and the balance of payments, despite some ongoing discrepancies

The Authorised Company: A structure for foreign investors

The Authorised Company allows foreign investors to hold a majority stake while operating within Mauritius’ legal framework, ideal for securing international projects while retaining company control.

Governance and requirements

• Appointment of a company secretary for legal and administrative oversight
• General meetings and board meetings with full documentation
• Compliance with FSC and tax authority requirements

Strategic benefits

• Access to international investments and financial projects
• Asset and fund management
• Structuring of real estate or commercial projects requiring local authority approval

Governance in Mauritius: A pillar of investor security

Mauritius enforces strict standards to ensure sound corporate governance:

• Clear management structures with well-defined responsibilities
• Minutes of meetings and clear decision reports for all management committees
• Documented decisions and meetings across all governing bodies
• These requirements, combined with a stable legal framework, ensure investment security and alignment with both local and international obligations.

Additional services to maximise compliance and performance

Creating a GBC or Authorised Company goes beyond legal registration. The following additional services allow business leaders to focus on strategic growth:

• Corporate secretarial and administrative services: organising meetings, drafting minutes, monitoring legal obligations
• Registered office address provision
• Work and residence permits for foreign directors
• Tax and accounting services for compliance and optimisation
• Opening of local and international bank accounts

Why choose Mauritius for your GBC or Authorised Company

Mauritius offers a trusted and recognised legal framework, ideal for securing your operations and attracting international investors:

• Competitive tax regime and double taxation avoidance agreements
• Political and economic stability;
• Robust financial infrastructure: banks, specialised services, stock exchange
• Internationally favourable time zone and digital connectivity for global operations

Contact C&S Secretarial Services to create your Global Business Company (GBC) or Authorised Company in Mauritius. Our team provides end-to-end support, from legal registration to ongoing administrative management and regulatory compliance. We help you secure your operations so you can focus on growing your business in full transparency and alignment with international standards.

Source:

Statistiques économiques : le FMI salue les avancées, mais pointe des divergences – defimedia.info

​EBC Financial Group Enters South Africa, Advancing Strategic Expansion in Africa – ebc.com

L’article GBC and Authorised Company in Mauritius est apparu en premier sur C&S Secretarial Services.

The Republic of Mauritius has officially been selected to host the 18th U.S. – Africa Business Summit in 2026. This major event will bring together African heads of state, ministers, senior U.S. and African officials, and top business leaders. The announcement was formalised through the signing of a Memorandum of Agreement (MOA) during the United Nations General Assembly in New York, in the presence of Mauritian Minister of Foreign Affairs Dhananjay Ramful and Florizelle Liser, President and CEO of the Corporate Council on Africa (CCA).

The U.S. – Africa Business Summit serves as a strategic platform for public and private stakeholders to discuss investment opportunities, trade, and economic relations between the United States and Africa. It provides a unique space for forging high-impact agreements in key sectors such as energy, infrastructure, agribusiness, healthcare, information technology, and finance.

Why Mauritius is the ideal host

Located at the intersection of Africa and Asia in the Indian Ocean, Mauritius offers a combination of advantages that make it a natural host for a high-level international summit of this scale:

• Political stability and a robust legal system
• A progressive, investment-friendly economy driven by reform and innovation
• Strong governance and world-class infrastructure
• A dynamic financial and commercial ecosystem that facilitates regional and international trade

Mauritius’ unique combination of stability, innovation, and accessibility positions it as a premier destination for global events and a strategic gateway for cross-continental investment.

Key highlights

• Strategic location: Mauritius is a financial and commercial hub connecting Africa and Asia
• Official agreement: Signed during the UN General Assembly in New York between the Government of Mauritius and the CCA
• Priority sectors: Energy, infrastructure, agribusiness, healthcare, ICT, financial services, creative industries, and trade facilitation
• Opportunities: Networking with key decision-makers, exploring new opportunities, and signing major partnerships
• Expected impact: Tangible economic benefits for businesses, citizens, and workers across Africa and the U.S.

This milestone reinforces Mauritius’ role as a key international platform for investment and partnership development in Africa.

A catalyst for economic exchange

The 2026 Summit will provide participants with opportunities to:

• Explore new investment and trade opportunities
• Meet potential partners from both public and private sectors
• Seal strategic business deals with long-term value
• Discuss and promote effective policies to support U.S. – Africa trade and investment

Florizelle Liser, CEO of the CCA, stated: “This summit will provide an essential platform to strengthen U.S. – Africa economic ties and foster partnerships, increasing bilateral trade.”
Minister Dhananjay Ramful added: “Hosting this summit highlights Mauritius’ role as a hub for investment and partnerships across Africa.”

High-impact sectors

The summit will focus on key areas that drive economic growth and job creation:

• Energy and infrastructure
• Agribusiness and food security
• Healthcare and medical technology
• ICT and creative industries
• Financial services and trade facilitation

These sectors offer real opportunities for businesses and international investors, while also supporting the continent’s sustainable and inclusive development.

The role of the CCA

The CCA is a leading U.S.-based business association dedicated to strengthening economic ties between the United States and Africa. It brings together companies of all sizes, from SMEs to multinationals, and serves as a key conduit for public-private dialogue, investment promotion, and innovation-driven collaboration across the continent.

Opportunities for investors in Mauritius

Alongside the summit, Mauritius continues to strengthen its reputation as an attractive destination for international companies:

• Streamlined company setup for Global Business Companies (GBCs) and Authorised Companies
• A transparent, internationally respected legal and tax regime
• Modern financial infrastructure and high-quality corporate secretarial services

C&S Secretarial Services, a recognised leader in the sector, provides support to investors, from company incorporation and administrative setup to regulatory compliance. With a team of experienced professionals and an extensive network, the firm enables companies to thrive within the Mauritian business environment, offering a stable base for local and international operations.

With its combination of stability, innovation, and strategic connectivity, Mauritius is positioning itself as a leading business hub for Africa. The 2026 U.S. – Africa Business Summit will serve as both a showcase for the country and a powerful catalyst for investors seeking to leverage its dynamic, well-regulated economic environment.

Sources of this article:

Mauritius to Host 2026 U.S.-Africa Business Summit

Corporate Council on Africa Announces the Republic of Mauritius as Host of 2026 U.S.-Africa Business Summit

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A stronger global ranking and heightened international recognition

According to GFCI 38, published in September 2025, Mauritius now ranks 52nd worldwide with a score of 707, moving up six places from the previous edition (GFCI 37, where it ranked 58th with 694 points). It is classified as a Global Contender, signalling a dynamic financial centre that is still developing but gaining international visibility. This progress reflects improvements in infrastructure, regulatory quality, and overall competitiveness in a challenging global financial environment.

Mauritius also performs well in the FinTech category, ranking 56th with a score of 686. While the position has slipped slightly, the increase of 18 points shows a strengthening innovation ecosystem and continued appeal among startups and financial technology players.

A strong regulatory framework: The role of the FSC

The Financial Services Commission (FSC), established in 2001, oversees the entire non-banking financial services sector and global business activities. Its mandate includes:

• Promoting the development, efficiency, and transparency of financial institutions and capital markets
• Preventing fraudulent practices and protecting investors
• Safeguarding the stability and integrity of the Mauritian financial system

This regulatory stability helps position Mauritius as a credible, secure jurisdiction for establishing international business structures such as Global Business Companies (GBC), Authorised Companies (AC), regional holding entities, and investment funds.

Mauritius’ strategic advantages

Competitive tax regime and bilateral treaties

Mauritius offers an attractive corporate tax rate of 15%, with the possibility of further reductions through partial exemptions on eligible foreign-source income.

The island has also built an extensive network of double taxation treaties that facilitates smooth, tax-efficient cross-border financial flows. The absence of capital gains, donation, and inheritance taxes for certain structures further enhances its appeal.

Geographical positioning and market access

Ideally located in the Indian Ocean, Mauritius serves as a strategic bridge between Africa, Asia, and Europe. This makes it an ideal base for asset management, international trade, and regional headquarters. Investors can use the island as a launching point for African operations while benefiting from regulatory standards aligned with global best practices.

Local substance and international credibility

To fully benefit from the Mauritian system, companies are required to demonstrate real economic substance on the island, which may include maintaining offices, appointing local directors, and hiring local employees. This strengthens their credibility with banks, investors, and international partners, and supports activities such as fund administration, asset management, and fiduciary services.

Opportunities for investors and entrepreneurs

Mauritius appeals to a wide spectrum of economic actors, including:

• Pan-African investment funds
• Asset managers and fund administrators
• Regional holding structures
• Global trading companies
• FinTech startups and innovative businesses

The island offers a stable regulatory environment, modern infrastructure such as high-speed internet and strong cybersecurity systems, and a skilled talent pool. These factors make it easy for companies to set up operations and scale sustainably.

Spotlight on FinTech

Mauritius is actively nurturing its FinTech ecosystem, notably by enabling companies to test business models in a controlled regulatory environment before expanding into African markets. Although the FinTech ranking slipped from 53rd to 56th, the increase in score reflects a more competitive and mature innovation landscape.

Key factors behind Mauritius’ GFCI 38 ranking

The GFCI evaluates financial centres based on:

1. Economic indicators: GDP growth, inflation, public debt
2. Regulatory quality: predictability, flexibility, financial oversight
3. Infrastructure: digital connectivity, cybersecurity, transport, office spaces
4. Human capital: skilled professionals, visa accessibility
5. Reputation: stability, security, regulatory excellence
6. Connectivity and FinTech development
7. Regional competitiveness perceptions

Together, these factors explain Mauritius’ upward progression and its growing recognition as an emerging financial hub.

Conclusion: Why choose Mauritius?

Mauritius is a rising financial centre that offers a secure legal environment, attractive tax incentives, and strategic access to African and international markets. Its improved ranking in GFCI 38 reinforces its credibility, while its FinTech initiatives and stronger substance requirements enhance its appeal to global investors and entrepreneurs.

For companies looking to establish a GBC, an Authorised Company, or a regional headquarters, Mauritius provides:

• Strong and transparent regulation
• Significant tax advantages and a broad treaty network
• Modern infrastructure and skilled professionals
• Growth potential and global credibility

C&S Secretarial Services supports clients with the creation and management of companies in Mauritius, offering expertise in structuring, compliance, and tax optimisation to secure your investments and accelerate your global expansion.

L’article Mauritius: An emerging financial hub for global investors and entrepreneurs est apparu en premier sur C&S Secretarial Services.

What is a Global Business Company (GBC)?

A Global Business Company (GBC) is a Mauritian-registered entity specifically designed to conduct international trade and investment activities. It enables investors to structure their global operations while benefiting from substantial tax advantages.

Since 1 January 2019, companies previously categorised as GBC1 have been reclassified as Global Business Licence (GBL) entities. This reform replaced the former Foreign Tax Credit (FTC) regime with a partial exemption system, granting up to 80% tax exemption on selected types of foreign income such as dividends, interest, profits from foreign permanent establishments, and income from specialised activities like reinsurance or international leasing.

To qualify for this exemption, companies must meet economic substance requirements in Mauritius, meaning that core activities, management, and control must actually be carried out on the island. This includes having resident directors, a local bank account, and financial statements prepared and maintained in Mauritius.

In short, a GBC combines tax efficiency, operational flexibility, and international compliance, making it an ideal vehicle for investors and entrepreneurs managing cross-border operations from Mauritius.

Which income qualifies for tax exemption in Mauritius?

GBCs may benefit from a partial exemption on:

• Foreign dividends not deductible in the source country;
• Interest income and profits attributable to a foreign permanent establishment;
• Income from investment funds, including CIS and closed-end funds managed by Financial Services Commission (FSC)-licensed entities;
• Income derived from reinsurance, ship or aircraft leasing, and related services;
• Income generated by companies licensed in artificial intelligence or payment services.

Investment and closed-end funds may also qualify for a 95% exemption on interest income. GBCs benefiting from the 80% exemption, however, are not eligible to claim a tax credit on this foreign income.

The Tax Residence Certificate (TRC) and Double Tax Treaties

To benefit from tax advantages and Double Tax Treaties (DTTs), a GBC must hold tax residency status in Mauritius and obtain a Tax Residence Certificate (TRC) from the Mauritius Revenue Authority (MRA). The TRC is typically issued within seven days of submitting all required documentation.

Mauritius has signed 44 double taxation treaties, providing international investors with protection against double taxation and enabling efficient tax planning for their global operations.

Management and substance requirements in Mauritius

A GBC must be managed and controlled from Mauritius to maintain tax residency and qualify for exemptions. The main criteria include:

• At least two resident directors capable of making independent decisions;
• At least two resident directors capable of making independent decisions;
• Accounting records and statutory documents kept locally;
• Financial statements prepared and audited in Mauritius;
• Board meetings held in Mauritius with the participation of at least two resident directors.

Certain functions may be outsourced to licensed service providers, provided that effective management remains in Mauritius and economic substance is not duplicated.

Tax and operational benefits of a GBC

GBCs can benefit from an 80% exemption on selected foreign income streams, maximising profitability while remaining fully compliant with local tax regulations.

Exemption on foreign income

Eligible income includes interest, dividends, profits from foreign permanent establishments, reinsurance, and leasing of international assets.

Access to Double Taxation Treaties

With a Tax Residence Certificate (TRC), a GBC can benefit from the Double Tax Treaties (DTTs) signed by Mauritius with 44 countries, reducing or eliminating double taxation and facilitating the structuring of international operations.

Operational flexibility

The GBC structure allows for the management of a wide range of activities:

• Fund management and international investments;
• Ship and aircraft leasing;
• Payment services and international financial operations;
• Activities related to artificial intelligence and technology.

This flexibility makes it an ideal choice for entrepreneurs seeking to combine favourable taxation with global business opportunities.

International recognition

GBCs are recognised for their compliance with international governance and reporting standards, strengthening their credibility with partners and financial institutions worldwide.

4 steps to set up a GBC in Mauritius

Establishing a Global Business Company in Mauritius may appear complex, but with the right guidance, the process is clear and straightforward. Here’s a typical workflow:

1. Prepare and certify the necessary documents, including the constitution and identification of shareholders and directors;
2. Submit the application through a licensed Management Company to ensure full compliance and communication with the FSC;
3. Obtain the TRC to access tax benefits and double taxation treaties;
4. Finalise official registration and maintain ongoing compliance — including accounting, auditing, and board meetings.

Why establish a GBC in Mauritius?

Mauritius provides a secure and business-friendly environment for international investors, offering:

• Tax optimisation through exemptions and DTTs;
• Operational flexibility to structure and expand international activities;
• Regulatory stability under the supervision of the FSC and MRA;
• Global credibility through adherence to international governance standards;
• Access to an extensive DTT network, protecting and facilitating cross-border investments.

Conclusion

Setting up a Global Business Company (GBC) in Mauritius requires expertise, efficiency, and precision to secure your investments and ensure full tax compliance.

For a seamless and reliable incorporation process, partner with C&S Secretarial Services. We manage every step, from fast company formation to administrative and tax management, as well as coordination with local authorities, so you can focus on growing your business.

Contact us today to establish your GBC in Mauritius.

Source:

Global Business Licence (GBL) companies – taxsummaries.pwc.com

L’article Global Business Company (GBC): A complete guide to investing in Mauritius est apparu en premier sur C&S Secretarial Services.

What is a Global Business Company (GBC)?

A Global Business Company (GBC) is a structure licensed by the Financial Services Commission (FSC) of Mauritius and is mainly designed for conducting business activities outside the country. With its favorable tax regime and access to double taxation treaties, the GBC stands out as a strategic choice for international companies looking to expand their operations.

Advantages of a GBC in Mauritius

Tax benefits: Standard 15% income tax, with partial exemptions available on certain activities and no taxes on capital gains or dividends. Double taxation agreements often reduce the effective tax burden to around 3% for international activities.

Global flexibility: A GBC can operate almost anywhere in the world while benefiting from Mauritius’ economic and political stability.

Infrastructure and skilled workforce: Access to competent professionals, especially in the financial and legal sectors.

No exchange controls: Funds can move freely in and out of Mauritius.

Restrictions

Without a specific license, a GBC cannot conduct:

• Banking or insurance activities
• Trust or fund services
• Securities or collective investment fund management
• Gambling or casino operations

Constitution requirements

• Shareholding and control: Strategic decisions must be taken in Mauritius.
• Directors and secretary: At least two resident directors and one qualified secretary are required.
• Registered office: Mandatory in Mauritius.
• Name and documents: Name approved by the Registrar of Companies, incorporation documents in English or French, detailed business plan, legal certificates, compliance checks, and annual reports to the FSC and MRA.

Incorporation process

• Name check: Confirm availability with the Registrar of Companies.
• Application submission: Send required documents to the FSC.
• Payment of fees: Incorporation and annual renewal fees.
• Certificate of incorporation: Company officially created upon approval.

Compliance obligations

• Maintain sufficient share capital, with different share classes possible.
• Demonstrate adequate local substance: resident directors, bank accounts, and accounting in Mauritius.
• Submit financial statements and annual returns to the FSC and MRA.

Taxation

GBCs are subject to a 15% corporate tax on profits, with the possibility of an 80% partial exemption on certain activities, bringing the effective tax rate to 3–3.4%. Additionally:

• No withholding tax on dividends, interest, or royalties.
• No capital gains tax.

Key economic data

According to the FSC and recent statistics:

• Total GBC assets reached USD 753 billion in 2023.
• The global business sector contributes 8.4% to Mauritius’ GDP.
• Bank loans to GBCs stood at MUR 83.682 billion in December 2023.

These figures show that GBCs play a major role in the economic dynamism and development of Mauritius’ financial sector.

What is an Authorised Company?

An Authorised Company is one that is mainly owned by non-residents and whose management and control are conducted outside Mauritius. Unlike GBCs, an Authorised Company is not considered tax resident in Mauritius.

Key characteristics

• Taxed only on income sourced from Mauritius.
• Not eligible for double taxation treaties.
• Management and control recommended outside Mauritius, with most directors being non-residents.
• Must appoint a local Registered Agent, often a licensed management company like C&S Secretarial Services.

Restrictions and obligations

Authorised Companies cannot:

• Employ resident staff in Mauritius.
• Open accounts in local currency.
• Acquire or rent real estate in Mauritius.

They must, however:

• File annual tax returns with the Mauritius Revenue Authority (MRA).
• Maintain a registered office in Mauritius.

2023 statistics

• Active Authorised Companies: 6,296 (slight increase from 6,142 in 2022).
• These companies indirectly contribute to the Mauritian economy by purchasing local services such as accounting, management, and legal support.

What is a Domestic Company?

A Domestic Company is incorporated under Mauritian law and primarily intended to operate on the island.

Key characteristics

• Must comply with all local laws (Companies Act 2001, Income Tax Act 1995).
• Standard corporate tax applied on Mauritian income.
• Must maintain a registered office and minutes for board meetings.

Advantages

• Simple structure for companies operating only in Mauritius.
• Direct access to local markets.
• No international substance requirements.

How are Domestic Companies different from GBCs or Authorised Companies?

Unlike GBCs and Authorised Companies:

• A Domestic Company is a tax resident in Mauritius.
• It does not need to demonstrate that its main activities are conducted abroad.

Comparative summary of the three structures

Why choose C&S Secretarial Services to create your company in Mauritius?

Setting up a GBC, Authorised Company, or Domestic Company in Mauritius requires compliance with local legislation and a complete application file. C&S Secretarial Services offers:

• Full company incorporation and liaison with the Registrar of Companies.
• Management of board meetings, drafting of minutes, and administrative compliance.
• Provision of registered office address and management of local substance for GBCs.
• Assistance with work and residence permit applications for directors and employees.

With C&S, creating and managing your company in Mauritius is simplified and fully compliant with local and international standards.

Conclusion

Mauritius provides an ideal environment to establish or domicile your business thanks to its tax advantages, economic stability, and clear regulations. The choice between a GBC, an Authorised Company, and a Domestic Company depends on your objectives: internationalisation, tax optimisation, or local business operations.

For comprehensive and secure support in setting up your company in Mauritius, get in touch with C&S Secretarial Services today. Their expertise will save you time, ensure compliance, and let you focus fully on your business growth.

L’article GBCs, Authorised Company et Domestic Company: Understanding business structures in Mauritius est apparu en premier sur C&S Secretarial Services.

In a complex economic context, the Mauritian government has introduced its 2025–2026 Budget with two clear goals: to ensure long-term fiscal sustainability and to enhance the country’s attractiveness to investors. The budget is both pragmatic and forward-looking. It outlines a commitment to driving the country toward a more innovative economy, one with stronger tax governance and deeper alignment with social priorities. For companies already operating in Mauritius, and for those considering setting up, this shift brings about a new strategic landscape that requires careful adjustments. At this turning point, C&S Secretarial Services is here to support your transition with structure, insight and reliability.

A more targeted tax reform for fairer contribution and long-term balance

The budget introduces several major tax measures, starting with a reallocation of the corporate tax burden. A sector-specific minimum tax has been introduced for certain industries considered to be under-taxed. Targeted tax measures also apply to high-income earners and capital gains from property owned by non-residents. At the same time, incentives such as the Smart City Scheme and certain benefits for real estate developers have been discontinued. This revision of the tax framework, presented as a step toward greater social fairness and budgetary responsibility, prompts many businesses to rethink their financial structure. Key aspects like company type, jurisdiction of incorporation and tax flow management now need to be reassessed.

For guidance on this, see our article Choosing the Right Business Structure in Mauritius.

Why legal and strategic guidance is crucial in times of change

In such a fast-evolving environment, having a partner with in-depth knowledge of Mauritian law and its practical implications is no longer a luxury. It is a necessity. C&S Secretarial Services supports businesses through this strategic update process, helping them navigate new tax requirements while identifying opportunities for optimisation. With proven expertise in Domestic Companies, Global Business Companies (GBC) and Authorised Companies, our team recommends the most relevant adjustments based on your sector and business goals.

Work and Residence Permit reform: Attracting and retaining global talent

The 2025–2026 Budget also introduces a major reform of the work and residence permit system. As Mauritius seeks to attract skilled professionals in areas like technology, finance and the blue economy, this measure is a welcome step. By simplifying and digitalising the process, the government aims to reduce delays and make the conditions for obtaining permits more transparent. C&S Secretarial Services, with its in-depth knowledge of institutional procedures and legal requirements, handles the entire process on behalf of its clients. This ensures a smooth and compliant onboarding of employees, with no delays or risk of non-compliance.

Accelerated digitalisation and its impact on business operations

Another strong signal from this budget is the government’s intention to speed up the digital transformation of public administration. This directly affects how businesses operate in Mauritius. From filing company documents to maintaining registers and dealing with tax and regulatory authorities, processes are increasingly moving online. This shift demands internal adjustments as well as expert guidance to remain compliant. C&S provides secure, digital solutions that are fully aligned with legal standards, helping you maintain efficiency while meeting transparency and traceability requirements.

Sectoral strategy focused on innovation and high-value industries

The budget also reaffirms Mauritius’s strategic orientation toward specific high-growth sectors. ICT, green finance, marine technologies and other high-value services are expected to benefit from new support mechanisms, though many details are still to be defined. For businesses, this means adapting human resource strategies, management tools and sometimes even their overall business model. C&S is well-positioned to guide companies through this evolution, aligning your business structure with the national direction.

Large-scale public investment and the growing role of Public-Private Partnerships

The budget allocates nearly Rs 180 billion to infrastructure projects, especially in road and port development. These investments are significant, but mostly government-led. Private sector involvement remains limited, creating new opportunities for well-structured public-private partnerships. With its strong local network and deep understanding of Mauritian institutions, C&S helps clients develop solid legal frameworks for such partnerships, ensuring smooth collaboration between public and private players.

Governance and compliance: A core priority

Governance is taking on greater importance. With the new tax measures, growing digitalisation and increased regulatory oversight, companies need to strengthen their internal controls, compliance systems and transparency practices. C&S supports this by managing board meetings, drafting and filing minutes, maintaining legal registers and coordinating annual compliance.Our mission is to help your business remain fully compliant while you focus on operations and growth.

Turning challenges into opportunities

The 2025–2026 Budget highlights a deeper transformation of the Mauritian economy. To keep pace, businesses must adapt and gain clarity in their structure and strategy. With a more focused tax framework, shifting administrative processes and rising social expectations, partnering with a responsive and experienced local firm like C&S Secretarial Services becomes a true asset.

Mauritius has made its goal clear: to become a modern, sustainable and well-regulated investment platform. To make the most of this opportunity, companies need the right tools, a sound structure and trusted support. C&S goes beyond compliance. We bring together strategic insight, administrative support and operational advice to help you turn this budget into a real growth driver. Reach out to us today.

L’article Mauritius Budget 2025–2026 est apparu en premier sur C&S Secretarial Services.

The Mauritian labor market has undergone profound changes over the last decades, with women playing an increasingly important role across various economic sectors. The Labour Market Survey 2024 (LMS 2024), spearheaded by the Ministry of Labour, Human Resources and Training, provides essential insight into employment trends, particularly with regard to gender breakdown. The report focuses on analyzing the representation of women across industries and examines the distinct hurdles they encounter in securing employment and accessing training opportunities..

Women’s participation in the labor market

According to the LMS 2024 , women make up around 40% of the workforce in Mauritius, a figure that continues to rise steadily. However, they seem to remain largely confined to sectors labeled as “traditionally female” like health, education and hospitality. In contrast, their participation in technical fields like manufacturing and information technology remains disproportionately low.

Distribution of jobs by gender – Sectors with strong female presence

The LMS 2024 highlights the unequal job distribution between men and women on the Mauritian labour market. While certain industries remain male-dominated, others, traditionally perceived as more accessible to women, are recording high participation rates on their part. Below is an analysis of the sectors where women play a prominent role in shaping the economy.

Health and social services

The health and social services sector continues to be a cornerstone of female employment, with a large representation in professions such as nurses, care assistants, special educators and social workers. According to LMS 2024, 55% of vacancies in this sector were for women, reflecting the strong integration of the female workforce in these professions. These professions, often categorized as “care roles,” have deep historical and cultural associations with women, have historically been associated with women.

Hotels and catering

The hotel and catering sector, while offering opportunities in a variety of professions, remains particularly conducive to female employment, particularly in positions like waiting staff, receptionists, and housekeeping. In 2024, 73% of vacancies in this sector were open to women, underlining their contribution to this field.

Sectors with under-representation of women

While progress has been made in promoting gender equality and despite efforts to integrate more women, certain sectors remain predominantly male-dominated, posing significant challenges for women attempting to break into these industries. This section explores the reasons for this under-representation and the initiatives needed to encourage greater female participation in these sectors.

Manufacturing industry

Excluding textile production, the manufacturing sector continues to see limited female representation. The LMS 2024 reports that just 28% of job openings in manufacturing were for women, with even fewer women occupying technical roles like machine maintenance or production management. Barriers such as restricted access to technical training and limited encouragement deter women from entering these fields.

Construction sector

Construction is another sector where women are glaringly absent. Despite the sector’s abundance of job opportunities, women rarely pursue roles such as site managers or skilled tradespeople like electricians and bricklayers.

Pay disparities

Despite the growing presence of women in certain sectors, wage inequality persists. The LMS 2024 highlights significant pay gaps in industries such as healthcare and hospitality, where women frequently occupy roles but often earn less than their male counterparts, particularly in managerial positions. This pay inequality is all the more pronounced in the industrial and manufacturing sectors, where women are often confined to lower-paid positions.

Access to training and skills development

Access to training is a key factor in improving gender equality in the job market. LMS 2024 shows that while 32% of employers are open to collaborating with training centers to upskill women in technical fields, female participation in such programs remains minimal. Professions requiring technical qualifications, such as in the engineering and IT sectors, see greater resistance from women, due to perceived gender roles and a lack of support to overcome these barriers.

Government efforts to encourage the training of women in fields such as digital technologies, engineering and finance are key to bridging this gap. However, much remains to be done to raise women’s awareness of professional opportunities in these sectors and provide them with the resources they need to seize them.

Government efforts to promote the inclusion of women

The Ministry of Labor, Human Resources and Training has put in place various initiatives to encourage the inclusion of women in more diversified sectors and promote their economic independence. These efforts include awareness-raising programs on gender equality and specific actions to attract women into technical professions, often perceived as masculine. The government has also launched support programs for women entrepreneurs and for those seeking training in fast-growing sectors.

Conclusion

The Labour Market Survey 2024 showcases encouraging strides in women’s participation in Mauritius’ labor market. However, significant inequalities remain, particularly in high-paying, industrial, and technical sectors. To promote genuine equality of opportunity, we need to continue supporting women’s access to training in key sectors, challenge recruitment stereotypes, and implement policies promoting equal pay for equal work.

Collaboration between the government, employers, and civil society is critical to ensuring that women are afforded the same opportunities as men in the labor market.

L’article Women and employment in Mauritius est apparu en premier sur C&S Secretarial Services.

The main roles of a company director: Strategist and guardian

A director in Mauritius must wear two critical hats — that of a strategist and a guardian. They are tasked with shaping the company’s vision and strategy, steering operational decisions, but also ensuring compliance with all relevant laws. This position requires balancing innovative foresight with legal diligence.

Legal framework: Section 143 of the Companies Act 2001

The cornerstone of corporate governance in Mauritius is Section 143 of the Companies Act 2001. This key legislation outlines the foundational duties of company directors and good governance principles.

Acting in the Company’s interests

Directors must prioritize decisions that foster long-term value creation, keeping the interests of shareholders in clear focus.

Exercising care and responsibility

It is imperative that directors act with due diligence, ensuring they have all necessary information before making significant choices. Robust control systems should be in place to guarantee the company operates smoothly and ethically.

Avoiding conflicts of interest

Directors must remain impartial, avoiding any situation where personal interests might clash with those of the company. Full disclosure of any involvement in company transactions is essential, and they must abstain from related decision-making.

Beyond section 143: Broader responsibilities

The obligations of directors extend well beyond Section 143, touching on several critical operational areas:

Record-keeping

Directors are responsible for maintaining accurate financial records in line with established accounting standards. These records must be retained for a legally defined period.

Annual accounts preparation

Directors must prepare and present the company’s financial statements to the Annual General Meeting (AGM), ensuring they are audited and certified by a statutory auditor.

Organization of general meetings

Regular shareholder meetings must be convened and executed in accordance with legal provisions and the company’s internal rules.

Tax compliance

Directors must ensure the company meets all tax obligations on time.

Regulatory compliance

The director must ensure the company adheres to environmental, social, and other regulations.

Consequences of non-compliance

Failure to meet these responsibilities can lead to severe repercussions, including:

Personal liability

Directors could be held personally accountable for company debts in cases of gross negligence or legal violations.

Criminal sanctions

Serious offenses, such as misappropriation of corporate assets or fraudulent bankruptcy, can result in criminal prosecution.

Reputation damage

Poor management can irreparably harm a director’s professional reputation, hindering future career prospects.

CS Secretarial Services: Your trusted partner

The intricacies of Mauritian law require expert guidance. CS Secretarial Services offers tailored services designed to support directors in fulfilling their duties:

Record-keeping assistance: we help establish and maintain accounting records that comply with local standards and we ensure they are accurate and up-to-date.

Financial statement preparation: our chartered accountants will assist in drafting your annual financial statements, ensuring they present a transparent view of your company’s financial health.

Shareholders’ meeting organization: from agenda preparation to drafting meeting minutes, we handle every aspect of organizing your shareholder meetings, ensuring full legal compliance.

Tax advisory: we keep you updated on changing tax legislation changes in Mauritius, helping you optimize your company’s tax burden.

Regulatory compliance support: we ensure your company remains in full compliance with applicable environmental, social, and governance regulations.

Legal secretarial services: from drafting contracts to managing potential disputes, we offer comprehensive legal support.

Tailored training: we provide customized training programs to enhance your management skills and keep you abreast of the latest industry trends.

Why choose CS Secretarial Services?

• Local expertise: our team boasts an in-depth understanding of the Mauritian legal and economic environment.
• Personalized service: we tailor our offerings to meet your specific needs
• Responsiveness: we pride ourselves on swift, responsive service, addressing your concerns with urgency and professionalism.
• Confidentiality: we handle all information with the strictest confidentiality.

By entrusting your duties to CS Secretarial Services, you can focus on steering your company’s strategic growth, confident in the knowledge that your compliance obligations are expertly managed. Contact us today to discover how we can assist you.

L’article Setting up a business in Mauritius: What are the responsibilities of a company director? est apparu en premier sur C&S Secretarial Services.

A diverse and dynamic opportunity

While the offshore sector has long been the backbone of Mauritian economic growth, the nation has shown a capacity for adaptation. Mauritius has skillfully diversified its economic portfolio. From sugarcane, to textiles and tourism to now embrace the blue economy and beyond, the country keeps expanding its economic horizons.

The government’s current focus on initiatives like the blue economy, which aims to sustainably harness marine resources for economic growth, underscores an unwavering commitment to innovation and economic resilience.

A robust business environment

Mauritius stands out as a country with a business environment that is second to none. The country ranks among the top jurisdictions for doing business in Africa, thanks to transparent regulations, political stability, and top-tier infrastructure. Recent legislative reforms, though tightening offshore operations, are designed to enhance compliance and bolster the nation’s standing as a reputable international financial center.

CS Secreterial Services: Efficient corporate services you can trust

Navigating Mauritius’s evolving business landscape is made easier with CS Secretarial Services. With extensive experience and a deep understanding of local regulations, we are dedicated to delivering exceptional support for your business endeavors in Mauritius. Our specialties include:

• Company incorporation in just 48 hours: We streamline the incorporation process, enabling you to start operations swiftly and without unnecessary delays.

• Company registration: We ensure your business is registered in full compliance with current regulations, securing your enterprise’s legitimacy.

• Comprehensive administrative and secretarial services: Our offerings cover all essential administrative and secretarial needs, ensuring your business runs smoothly and efficiently.

Expertise you can rely on

Our team of seasoned professionals brings unparalleled expertise to the table. We stay ahead of regulatory changes, providing precise and timely advice crucial to the growth and sustainability of your business. Our commitment to confidentiality, professionalism, and integrity forms the bedrock of our success.

Political stability and a reliable legal framework

Mauritius enjoys exceptional political stability and a strong legal framework, creating a safe business climate. The country’s membership in various international organizations and its numerous agreements to protect foreign investments contribute to a stable and predictable business climate.

Expanding horizons across multiple sectors

Mauritius is continually evolving and developing new economic sectors offering diverse investment opportunities. Beyond the blue economy, the country is making strides in technology, renewable energy, and infrastructure. These emerging industries offer promising avenues for investors seeking growth in new, untapped markets.

Conclusion

Despite changes within the offshore sector, Mauritius remains a prime destination for foreign investors. With a diversified economy, a favorable business climate, and the top-tier services of CS Secretarial Services, the island continues to offer robust and sustainable opportunities for growth. Positioned to adapt to global shifts, Mauritius presents substantial investment potential.

CS Secretarial Services is here to guide you through the Mauritian business landscape, providing the tools and insights necessary for your success. To find out how Mauritius can be your next great investment opportunity, contact us today.

Contact us and we’ll discuss the various investment opportunities available in Mauritius for foreign investors.

Source of this article : Mauritius’ next growth phase: a new plan is needed as the tax haven era fades – theconversation.com/africa

L’article Foreign investment: Amidst global uncertainty, Mauritius remains an unshakable asset est apparu en premier sur C&S Secretarial Services.

2022/2023 Fiscal Year: Important Notice from the MRA

Are you familiar with Section 116 of the Income Tax Act? 

Every company is required to submit its annual income tax return within six months of the end of its financial year. If you have not yet filed your return for the 2022/23 tax year, the deadline is approaching and is set for May 17, 2024.

Failure to meet this deadline may result in an automatic tax claim under Section 122B of the Income Tax Act, including penalties. 

Directors and company officers, take note: you may be personally liable for any unpaid taxes owed by the company.

For more information, visit the MRA website or call the MRA assistance service at 207 6000 during office hours.

Why compliance is crucial for your business

Legal compliance is vital, especially for business with client contracts. These contracts include terms and conditions that bind both parties to legal requirements. Failing to meet these obligations can lead to costly lawsuits, severe penalties, and reputational damage.

“IF YOU THINK COMPLIANCE IS EXPENSIVE, TRY NON-COMPLIANCE!” 

This phrase perfectly captures the financial and legal risks associated with non-compliance.

How C&S Compliance can help

C&S Compliance helps businesses implement effective compliance measures, ensuring strong governance and risk reduction. Here’s what we offer:

• Risk assessment: We identify and prioritize non-compliance risks, assessing their legal, financial, commercial, and reputational impact.
• Compliance framework: We develop frameworks for managing organizational compliance risks and methodologies for risk assessment.
• Risk mitigation: We provide quantitative and qualitative measures to effectively reduce risks, lowering the likelihood and potential threat of risk events.
• Resource allocation: We ensure that the necessary resources are allocated for effective compliance management.

The benefits of compliance

Compliance is not a burden, it is an investment. Implementing a solid and transparent compliance policy offers significant benefits to your business:

• Clear guidelines: Written rules and processes accessible to all employees help avoid ambiguities and ensure uniform application of directives.
• Legal adherence: A compliant business respects the laws and regulations avoiding fines, penalties, lawsuits, and reputational damage.
• Improved corporate governance: A clear compliance policy enhances corporate governance by actively involving board members and employees, enhancing transparency and accountability.
• Enhanced trust: Adherence to rules and transparency fosters trust among stakeholders, such as customers, investors, and partners. This translates into a better reputation and greater loyalty.
• Catalyst for innovation: Compliance should not be seen as a hindrance to innovation but as a catalyst. By ensuring a solid legal and ethical framework, companies can freely explore new opportunities and innovate with confidence.
• Process consistency: A well-defined compliance policy ensures the consistency of internal processes, which helps avoid errors, delays, and resource waste.
• License compliance: Ensuring that licensing conditions are met helps businesses avoid disputes and license withdrawals, which can have serious consequences on their operations.

Why choose C&S compliance?

C&S Compliance stands out for its personalized approach and operational expertise. We offer tailored solutions that are both cost-effective and high quality, helping our clients overcome regulatory challenges without overwhelming them.

Conclusion

Don’t let non-compliance jeopardize your business and contact C&S Compliance today. Our aim is to help you enhance your compliance framework and implement necessary measures to maximize your business potential. We care about your success and work for you.

For more information, please visit our website or contact us directly. Let’s build a compliant and prosperous future for your business together!

L’article Compliance: The key to successful business endeavors in Mauritius est apparu en premier sur C&S Secretarial Services.