What Is a Mauritius Global Business Company (GBC)? Complete Guide 2026

Last verified: April 2026

This guide is for informational purposes only and does not constitute legal, tax, or financial advice. Always consult a qualified professional for your specific situation.

Key Takeaways

• A Mauritius Global Business Company (GBC) is a tax-resident entity ideal for international business, benefiting from a 15% tax rate with an 80% partial exemption on specific foreign income, leading to an effective 3% tax rate.
• The GBC regime, which replaced the GBC1 structure, now enforces stricter economic substance requirements to comply with global standards.
• GBCs can leverage Mauritius' extensive network of over 45 double taxation agreements, making them a strategic choice for international investment structuring.
• Key substance requirements include having at least two resident directors, maintaining a bank account in Mauritius, and conducting core income-generating activities within the jurisdiction.
• The GBC is distinct from the Authorised Company (AC), which is not tax-resident and does not benefit from tax treaties.

What Is a Mauritius Global Business Company (GBC)?

A Mauritius Global Business Company (GBC) is a legal entity incorporated in Mauritius, licensed by the Financial Services Commission (FSC) to conduct business activities primarily outside of the jurisdiction. It is a popular vehicle for international investment and trade, offering a flexible and tax-efficient structure for global businesses. The GBC regime was first established in 1992 and has since been refined to align with international standards of transparency and substance, most notably through the Financial Services Act 2007 [1].

At Incorporator.io, we have helped numerous clients leverage the benefits of a Mauritius GBC. We have seen firsthand how this versatile structure can be used to optimize international tax planning, facilitate cross-border trade, and protect assets in a stable and reputable jurisdiction.

GBCs are considered tax resident in Mauritius, which allows them to benefit from the country's extensive network of Double Taxation Agreements (DTAs). This, combined with a favorable tax regime, makes the GBC an attractive option for structuring cross-border investments and transactions. The legal framework for GBCs is primarily governed by the Companies Act 2001 and the Financial Services Act 2007, which provide a modern and robust foundation for corporate governance and regulation [2].

Key Characteristics of a Mauritius GBC

Formation Requirements

The process of setting up a Mauritius GBC is relatively straightforward and can typically be completed within 2-3 weeks. At Incorporator.io, we can guide you through every step of the process, ensuring a smooth and efficient incorporation.

The key steps and requirements include:

1. Name Reservation: The proposed company name must be reserved with the Registrar of Companies.
2. Application to the FSC: An application for a Global Business License must be submitted to the Financial Services Commission (FSC), along with a detailed business plan, due diligence documents on the beneficial owners and directors, and other supporting documentation.
3. Incorporation: Once the FSC approves the application, the company is incorporated, and a Certificate of Incorporation is issued.
4. Appointment of a Management Company: A GBC must appoint a licensed management company in Mauritius to act as its registered agent and provide administrative services.
5. Bank Account Opening: A bank account must be opened with a bank in Mauritius.

Advantages and Disadvantages of a Mauritius GBC

Comparison with an Authorised Company (AC)

Another important legal entity form in Mauritius is the Authorised Company (AC). While both GBCs and ACs are used for international business, they have key differences in terms of tax residency, substance requirements, and permitted activities. The following table provides a comparison of the two:

Best Use Cases for a Mauritius GBC

A Mauritius GBC is a versatile vehicle that can be used for a variety of international business activities, including:

• Investment Holding: Holding shares in companies in other countries, particularly those with which Mauritius has a DTA.
• International Trade: Structuring import-export and other trading activities.
• Asset Protection: Holding assets in a stable and secure jurisdiction.
• Intellectual Property Holding: Holding and licensing intellectual property rights.
• E-commerce: Conducting international e-commerce activities.

Frequently Asked Questions (FAQ)

Q: What is the main difference between a GBC and an Authorised Company?

A: The main difference is that a GBC is tax resident in Mauritius and can access the country's DTA network, while an Authorised Company is not tax resident and is exempt from tax in Mauritius. GBCs are also subject to substance requirements, whereas ACs are not.

Q: Can a GBC conduct business within Mauritius?

A: A GBC's business activities must be conducted principally outside of Mauritius. However, it can have limited dealings with residents of Mauritius and can hold investments in companies that conduct business in Mauritius.

Q: What are the minimum capital requirements for a GBC?

A: There is no prescribed minimum capital requirement for a GBC. However, it is advisable to have a minimum stated capital of at least USD 1.

Q: How long does it take to set up a GBC in Mauritius?

A: The incorporation process typically takes 2-3 weeks from the submission of a complete application to the FSC.

Q: What are the ongoing compliance requirements for a GBC?

A: A GBC must file an annual tax return with the Mauritius Revenue Authority (MRA), prepare and file audited financial statements, and hold at least one board meeting in Mauritius each year.

Sources

[1] Mauritius Financial Services Act 2007, URL: https://www.fscmauritius.org/media/1013/financial-services-act-2007-28-aug-2019-cc.pdf [2] Mauritius Companies Act 2001, URL: https://www.fscmauritius.org/media/1000/companies-act-2001.pdf [3] Mauritius Revenue Authority, "Double Taxation Agreements," URL: https://www.mra.mu/taxes-duties/international-taxation/double-taxation-agreements [4] PWC, "Mauritius - Corporate - Tax credits and incentives," URL: https://taxsummaries.pwc.com/mauritius/corporate/tax-credits-and-incentives [5] Financial Services Commission, "Consolidated Licensing and Fees Rules 2008," URL: https://www.fscmauritius.org/media/211713/financial-services-consolidated-licensing-and-fees-rules-2008.pdf [6] Appleby, "Fund Finance Laws And Regulations 2026 – Mauritius," URL: https://www.applebyglobal.com/publications/fund-finance-laws-and-regulations-2026-mauritius/