Global Business Company
A GBC is a body corporate registered in Mauritius and licensed by the FSC. This type of structure is commonly used by those clients wishing to benefit from the various DTAAs which Mauritius has signed with other jurisdictions. This is because a GBC is considered for tax purposes, to be a resident in Mauritius. A GBC licence may be used for structuring investments, holding intellectual property, fund management, investment adviser/ dealer/broker and to provide other non-banking financial services, requiring special licences, amongst others
Few Features of GBC:
Place of Effective Management and Control (POEM) should be in Mauritius
Having a minimum level of expenditure, which is proportionate to its level of activities
Can do business in Mauritius and outside Mauritius
Accounting records must be kept at the registered office address of the Company
Main Uses of a GBC
To structure investments in countries which are DTA partners
Holding rights to intellectual property such as copyrights and patents
Trading business, Consultancy, closed end funds, PCC, Limited Partnerships and Global Funds
Family Office and Global headquarters administration
Insurance and Actuarial Services
Should you need any additional information, kindly feel free to contact us.