Global Business Companies


Category 1 Global Business Company

A company holding a Category 1 Global Business Licence (GBC1) issued by the Financial Services Commission is resident for tax purposes in Mauritius and enjoys the benefits from the network of Double Taxation Avoidance Agreements that Mauritius has ratified with countries around the world.

A GBC1 is taxed at the rate of 15% on its chargeable income. However, a GBC1 may either claim foreign tax credit in respect of tax suffered abroad or deemed foreign tax credit of 80%, whichever is higher. Therefore, the effective tax rate payable by GBC1 varies between 0-3%

In addition to treaty benefits and low tax regime, there is no withholding tax on dividends, interest and royalties paid from Mauritius, no capital gains tax, estate duty or inheritance tax. Furthermore, there is no exchange control on repatriation of profit, capital or interest by a GBC1.

Category 2 Global Business Company

A company holding a Category 2 Global Business Licence (GBC2) is not resident in Mauritius for tax purposes and is thus exempt from all taxes.

A GBC2 is often used for activities where treaty benefits are not required such as invoicing, marketing and international trading.

A GBC2 does not have access to the Double Taxation Avoidance Agreement network.