of the Financial Services Act to set up, manage and provide nominee and other services to a corporation that carries on or intends to carry on any global business, and such class of corporation as may be prescribed, or act as corporate trustee or qualified trustee under the Trusts Act 2001...
Companies incorporated in Mauritius for the purpose of doing business primarily outside Mauritius are designated as Global Business Companies (GBCs) and are governed by the Financial Services Act 2007. Prior to 2018, any resident corporation that proposed to conduct business outside Mauritius could ap...
Financial Services Act 2007 Extended powers have been given to the Chief Executive of the Financial Services Commission (FSC), who may exercise his powers under the Financial Services Act 2007 (FSA) and refer any licensee to the Enforcement Committee for disciplinary...
As per the Electronic Transactions Act, an agreement can be signed digitally, and it will not be denied legal effect. Subscription agreements and application forms can hence also be digitally signed, provided the licensee’s constitutive documents allow the same. Effective date: It is deemed when...
Apex Fund & Corporate Services (Mauritius) Ltd (previously GFin Corporate Services Ltd) is a private company limited by shares incorporated in Mauritius on 22 September 2010. The Company holds a management licence under the Financial Services Act 2007 and is regulated by the Financial Services Comm...
Financial Services Act 2007. A Company holding Category 1 Global Business License is resident for tax purposes and can access Mauritius' network of double tax treaties, provided that it is correctly structured and that the seat of management and control is in Mauritius. ...
Entities setting up in the Global Business Sector are licensed and regulated by the Financial Services Commission (FSC). Mauritius trusts set up under the Trusts Act 2001 provide for attractive features such as asset protection provisions, anti-forced-heirship provisions, segregation of the ...
high-risk jurisdictions by the Financial Action Task Force (FATF) and the European Commission, Mauritius has, in turn, come with a more or less similar list and it was made possible in accordance with Section 17H(1) of the Financial Intelligence and Anti-Money Laundering Act 2002 (FIAMLA)...
Doo Prime has been granted the Licence pursuant to Section 29 of the Securities Act 2005, Rule 4 of the Securities (Licensing) Rules 2007 and the Financial Services (Consolidated Licensing and Fees) Rules 2008. The ...
FINANCIAL SERVICES. Over the past few years, the financial services sector has really stepped up its role in the economy, partly due to government support of the industry. To stimulate the development of the financial sector, the government provides tax incentives for financial institutions under ...