Global Business

About Global Business

We like to be recognized as the most efficient, friendly and responsive Global Business banking partner in the region.

Our skilled and committed staff make it a point to listen to our customers and to tailor our products and services in a way that best suit our customers’ needs. The Global Business Desk has a pool of experienced professionals dedicated at your service.
Account Executives and Customer Service SupervisorsResponsible for maintaining overall client relationship
Credit AnalystAnalyzing credit request and monitoring
Customer Service RepresentativeAttending to client’s daily requests rapidly and efficiently

About Global Business

  • Mauritius, the right location to bridge the gap
  • African Perspective
  • Asian Perspective
  • Scope of the Mauritian Global Business
  • GBC 1
  • GBC 2 
  • Protected Cell Companies – PCCs
  • Trust

Mauritius, the right location to bridge the gap

Mauritius, located in a convenient time zone allowing for the conduct of business in the Far East in the morning, Europe during the early afternoon and the USA, later in the day remains one of the fastest growing international financial centre.
Well regulated legislative framework, highly skilled professional, international standard banking sector and the continuous expansion of the double taxation treaty network have led to the success of the Mauritian global business sector. 
With a widespread treaty network of over 35 countries, the island offers you great opportunities to plan your investment through the use of the Mauritian global business vehicles. 
The treaties provide attractive concessions for tax planning opportunities:
  • Elimination of double taxation through tax credit 
  • Reduction in withholding taxes on dividends, interests and royalties 
  • Exemption from capital gains

African Perspective

Africa is becoming increasingly attractive as an investment destination. Mauritius currently has tax treaties with 13 African states (Botswana, Lesotho, Madagascar, Mozambique, Namibia, Rwanda, Senegal, Seychelles, South Africa, Swaziland, Tunisia, Uganda and Zimbabwe) and is in negotiation with 7 other states (Congo, Egypt, Malawi, Nigeria, Zambia, Burkina Faso and Ghana).

Special advantages for setting up of Investment Vehicles in Mauritius for investment in Africa through Mauritius:
  • Capital gains tax minimization & Minimization of withholding tax on dividend through the use of DTA 
  • Free repatriation of investment capital and returns & Guarantee against expropriation under the Investment Promotion and Protection Agreements (IPPAs) 
  • No exchange control restrictions 
  • Access to foreign currency loans and advances
IPPAs signed by Mauritius with 15 African member states offer the right incentive and guarantee to investors targeting investment into Africa.

The country’s membership in regional organizations – such as the South African Development Community (SADC), the Common Market for Eastern and Southern Africa (COMESA) and the Indian Ocean Rim association for the regional Cooperation (IOR-ARC) – and being a signatory to major African conventions make Mauritius the best offshore financial service centre for establishing any Fund or Investment Holding Company. 

Asian Perspective

With DTAs in place with the 2 largest emerging countries namely India and China, the Mauritian global business platform is being widely used for 
  • Structured Trade Finance between Asia, Africa and Middle-East
  • Investment into India

Scope of the Mauritian Global Business

Global business activities are regulated by the Financial Services Commission (FSC), who is responsible for registering global business entities, issuing and renewing global business licenses. 

Non-residents wishing to set up a corporate structure in Mauritius can do so by incorporating any one of the following types of companies;
1. Global Business Company holding a category 1 licence (GBC 1) 
2. Global Business Company holding a category 2 licence (GBC 2) 
3. Protected Cell Companies – PCCs 
4. Trusts 


The GBC 1 structure is used generally for large scale trading or investment holding, when income from overseas is mainly in the form of dividends, capital gains, royalties and benefits of tax treaties can be availed.
Effective Income Tax Rate of 3% 
No capital gains tax 
No withholding or dividend taxes 

GBC 2 

GBC 2 is the ideal vehicle for trading purposes or for holding and managing private assets. A GBC 2 company is not authorised to provide financial services and has no access to the treaty network but is still tax exempt. 

Protected Cell Companies – PCCs

PCCs are mainly used for multiple investments with different investors via one company but different 'investment cells'. 

The main features are:
It is a single legal entity, but it can have separate 'cells' each with their own assets, liabilities and investors.
  • Each 'cell' issues its own dividends and financial statements, and has its own directors.  
  • Each cell can be liquidated when it outlives its financial usefulness - e.g. funds raised for a separate finite life project.  
  • Funds use this structure for different class of investors or for different class of investments


Trusts provide a wide range of benefits to those looking for wealth protection and for greater flexibility of management and distribution of assets. 
A trust is the solution for individuals who want to 
  • Preserve their wealth against uncertainty, political, economic or family  
  • Transfer wealth to their heirs in a tax-efficient manner and in accordance with their wishes and not as per the laws of the country where they live  
  • Plan their estate to maximize the benefits of their wealth for the family members and others  
  • Consolidate the ownership of assets owned throughout the world in one location.  
  • Minimize or eliminate estate taxes arising on the death of the Settlor 

When a trust is established in suitable offshore jurisdiction, provided that residents of the offshore jurisdiction are excluded from receiving benefit from the offshore trusts, there will be no local taxes applicable to the assets and income of the trusts.