Mauritius is a stunningly beautiful country, with plenty of tourist attractions for anyone who chooses it as a holiday destination. Over and above that, however, the country was ranked first in Africa, and 13th worldwide, by the World Bank, for the ease of doing business, and is considered to be a wonderful location to set up a business.
Starting a business in Mauritius is quite simple and follows a relatively straightforward process. Listed below are the six steps required to getting your Mauritian business off the ground.
First of all, entrepreneurs and investors should consider the various business models that the Mauritius jurisdiction offers in terms of Companies, Trusts, Foundations and Limited Partnerships, amongst others. It is imperative to choose the business structure that will best work for your specific needs, taking into consideration the various advantages and risks associated with each structure.
Should the proposed business be engaged in regulated activities, certain relevant licenses may be required. In this case, the applicant should submit an application for said license to the relevant authority.
Should the proposed business be engaged in regulated activities, certain relevant licenses may be required. In this case, the applicant should submit an application for said license to the relevant authority.
The next step is to find the ideal office location which will serve as the focal point for all the business operations. It is also important to determine if the business requires a formal office space, or whether the use of virtual offices is a possibility.
This is the most important step when it comes to starting a business in Mauritius. The incorporation and registration process consists of a series of simple steps that can be completed relatively quickly. The applicant should complete a couple of forms and a few documents must be submitted to the Registrar of Companies.
Foreign nationals opting to live and work in Mauritius may apply for the relevant permit with the Economic Development Board (EDB)
Please contact us should you require assistance in setting up a business in Mauritius.
