Eternity Law International — News — Secure Your Trust License in Mauritius

Secure Your Trust License in Mauritius

Published:
July 5, 2024

The Republic of Mauritius is a state with a favorable and developed investment microclimate, which is conducive to doing business and creating companies in this jurisdiction. Some of the main reasons for setting up a business in Mauritius include the favorable tax system and free repatriation of profits for foreign entrepreneurs, as well as the fact that the jurisdiction has recently been recognized as having some of the highest financial standards in the world. To provide trust services locally, you must obtain a permit such as trust license Mauritius. Below we will look at the main nuances of this procedure and the benefits that Mauritius can bring to an entrepreneur.

Our team is made up of professional lawyers with extensive practical experience who have been working in the field of establishing and licensing businesses for many years. We offer quality professional trust services Mauritius and full corporate support. We also have an extensive inventory of ready-made trusts for sale around the world.

Trusts in Mauritius: establishment, licensing and further operation

Mauritius is an ideal technologically advanced center for creating and conducting trust business, especially for foreign corporations. A foreign investor must adapt to local Mauritius trust law when deciding to set up a trust firm, but there is no need to go through complex procedures when setting up a company.

A typical trust fund is used to provide services in matters of succession and estate planning, oversight of private wealth and development of strategies for private asset ownership. Trust structures in Mauritius allow capital owners and managers to direct investments to, among other places, Africa and Asia. A trust can be established in Mauritius as one of the following business forms.

  1. Global Business Company is a foreign company that carries out its business activities in Mauritius. This organizational form has additional tax benefits, making it a cost-effective corporate tool for global tax planning.
  2. An offshore company whose commercial shares, control and management are located and exercised outside Mauritius. This form is also popular among foreign investors for tax optimization purposes.
  3. A limited liability company registered in a jurisdiction.

Both foreign companies and individuals can register an organization in Mauritius. To obtain trust license Mauritius, it is necessary to collect a certain package of documents and bring the company into compliance with the norms and standards, trust law in Mauritius. There are no minimum capital requirements; in addition, Mauritian legislation allows for 100% foreign ownership.

So, how to get trust license in Mauritius? The applicant must provide the following information to obtain a license.

  1. Confirmation of company registration.
  2. Personal data of founders, owners and managers. Firms are required to appoint a minimum of one director, who can be an individual or a legal entity. The minimum number of shareholders is one. Any change regarding the owner/beneficiary of the company must be notified to the Mauritius Financial Services Commission within one month.
  3. Confirmation of the presence of a corporate account.
  4. Business plan and development strategies.
  5. Internal policies to ensure the safety and security of client funds.
  6. Address of the company’s registered office.
  7. Phone number and email address.

According to trust license requirements Mauritius, process of obtaining a professional permit consists of the steps presented below:

  • reserving a commercial name and preparing constituent documents for the company;
  • business registration;
  • opening a company bank account into which funds will be deposited to support its activities;
  • registration with the Commercial Register and Tax Administration;
  • submitting a package of documents and a completed trust license application Mauritius to the regulatory authority.

Trust license fees Mauritius required to pay range from 1.5 thousand euros. After receiving this permission, trust companies are required to appoint a responsible officer to maintain financial records and reflect the financial position of the business.

Our company is ready to offer you comprehensive consulting and practical support in obtaining this type of permit. We are focused on achieving the most effective results for our clients. We also help in opening a trust in Luxembourg, Denmark, France, Germany, Portugal and other countries.

Advantages of a trust license in Mauritius

Mauritius offers many benefits and privileges for entrepreneurs, including those listed below.

  1. Possibility of 100% foreign ownership for companies.
  2. Political and economic sustainability.
  3. A market favorable for investment and large-scale business development.
  4. A wide network of agreements with other states on the promotion and protection of investments.
  5. Qualified bilingual workforce (English and French).
  6. Wide range of banking services with the presence of international banks.
  7. Strategic location.
  8. Loyal income tax for individuals and legal entities at a rate of 15%.
  9. Free repatriation of dividends, capital and profits.
  10. An effective government program to reduce risks for investors.
  11. Any type of information about beneficiaries, employees, shareholders, directors and officers is not available to the public.

By using the professional services of our specialists, you can protect yourself from possible refusal to obtain a permit, and also significantly speed up the process of starting a business. Trust license cost Mauritius depends on many third-party factors and is calculated individually by our managers before the start of cooperation.

Our firm provides comprehensive Mauritius trust services and other jurisdictions. Our many years of experience, extensive background knowledge and the desire to keep abreast of any changes and innovative developments give us the opportunity to be reliable allies for our clients. We have an extensive list of ready-made trusts licensed in Hon Kong, Tokyo, Peru, the USA, Europe and around the world. Contact us for a preliminary consultation.

You could be interested

Which country is best for crypto exchange license?

In recent years, the crypto demand has experienced unprecedented growth, attracting both depositors and entrepreneurs seeking to capitalize on the digital asset revolution. As the popularity of cryptocurrencies rises, so does the need for a robust adjustment framework to govern the activities of crypto interchanges. Obtaining a crypto interchange license is a crucial step for...

BD company in FINRA and NYSE New York - USA

Finance and Insurance: Securities Brokers and Dealers, Investment Banks, Merchant Banks The Securities Firm is based in New York and is approved for most business lines. The company places lots on other BDs, retail business and investment banking are supported. There are no debts and no questions from the regulator. Price on request; Redomiciliation –...

Company registration in Denmark

Denmark is one of the most highly developed European countries. Therefore, it is attractive to foreign capital owners in terms of profitable investment opportunities. Although Denmark is not an offshore zone in the sense that we are used to, this jurisdiction offers foreign firms some privileges in terms of paying taxes. Organizational and legal forms...

Investment fund in the BVI

The British Virgin Islands (hereinafter “BVI”) ranks second in the world in terms of the number of active investment funds. It is rapidly gaining popularity as a jurisdiction for the creation of offshore investment funds. Benefits of investment funds in the BVI 1.No taxation. There is no taxation in the BVI, that is paid by...

Gaming license in BVI

The internet gambling sector is booming, driven by innovative advancements and enlarging global attraction. Economic challenges in other sectors, cyber speculating remains robust and lucrative, tailoring numerous capabilities for commercial functioning. This surge in interest has increased the expectation for online gambling licenses. Commencing a cyber wagering  business encompasses money earnings; it requires navigating a...

Cryptocurrency Market Inspection

The SEC – The US Securities and Exchange Commission has initiated massive audits of the cryptocurrency business. The Wall Street Journal published this information. The source, who wished to remain anonymous, reported that the commission’s representative sent an official request to many companies active in cryptocurrencies in the United States virtual market. The agenda states...

Discover our services

The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.

Ready-made companies for sale

Companies with a bank account around the world

Banks for sale

Established Banks for sale

Ready-made licenses for sale

Forex, cryptocurrencies, gambling, EMI, PSP, SVF, MSO, DLT

Licensing

Forex licenses, cryptocurrencies, gambling, EMI, PSP, SVF, MSO, DLT

Offshore company registration

Expert advice on the acquisition of an offshore company

Open a bank account

Open bank accounts in more than 120 banks around the world
Fill the blank:

Zurich

Dreikonigstrasse, 31A, Stockerhof
+41 435 50 73 23

Kyiv

Baseina street, 7
+38 094 712 03 54

London

Grosvenor Gardens, 52
+44 203 868 34 37

Washington

1629 K St. Suite 300 N.W.
+1 (888) 647 05 40 Toll Free

Vilnius

Gediminas Avenue, 44A
+370 52 11 14 32

Tallinn

Kesklinna linnaosa, Tuukri 19
+372 880 41 85

Edinburgh

Lochrin Square, 1
+44 203 868 34 37

Nicosia

Jacovides Tower, 5 floor
+371 665 550 51

Riga

Esplanade, 7 floor
+371 665 550 51

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai
+852800938622 Toll Free

Singapore

Level 42, Suntec Tower Three, 8 Temasek Boulevard
+6531594300

Sydney

20 Martin Place
+61 2 888 00 365

Porto

2609 Avenida da Boavista
+351 800 500 206 Toll Free
Calls are made only from Portugal

Tbilisi

Revaz Tabukashvili Str., N 45, area N 7
+995706070360