Mauritius offers a strategic location, low taxes, political stability, business-friendly regulations, a skilled workforce, and a diverse economy, making it an attractive choice for entrepreneurs and international investments. Company formation in Mauritius involves several key steps to ensure compliance with local regulations. First, choose a unique company name and reserve it with the Registrar of Companies. Next, prepare essential documents, including the Memorandum and Articles of Association, which outline the company’s structure and governance.
Once the documents are ready, open a bank account and deposit the required minimum share capital, typically around MUR 100,000. After this, submit the incorporation application along with the necessary documentation to the Registrar of Companies.
Once approved, you'll receive a Certificate of Incorporation, which is vital for operating legally. Additionally, register for a Business Registration Number (BRN) and obtain any relevant licenses or permits based on your business activities. Finally, ensure compliance with tax registration and Social Security obligations. The entire process can usually be completed within a few weeks, making Mauritius a favorable destination for business formation.