Registering a business in Mauritius involves several steps and the choice of where to register depends on the type and size of the business as well as your status either as a foreign national, resident or a citizen. Here are the key options:
Business Registration Centre (BRC):
The Business Registration Centre is the primary government agency responsible for business registration in Mauritius.
Most types of businesses, including sole proprietorships, partnerships, and limited liability companies, can be registered with the BRC.
You can visit the BRC’s office or their website to obtain the necessary forms and information for registration.
Registrar of Companies:
If you are forming a company, you will need to register it with the Registrar of Companies. This is typically done as part of the incorporation process.
You will need to choose a unique name for your company, provide details of the company’s directors and shareholders, and submit the required documentation.
Financial Services Commission (FSC):
If you plan to establish a Global Business Company or an Authorised Company or an specialised financial services entity, such as an Investment Adviser, Investment Dealer, a bank, insurance company, or asset management firm, you will need to seek the licence or authorisation with the Financial Services Commission (FSC).
The FSC is responsible for regulating and supervising non-banking financial services in Mauritius.
Board of Investment (BOI):
The Board of Investment is the agency responsible for promoting and facilitating investment in Mauritius. It offers incentives and support for foreign investors.
If you are a foreign investor or planning to invest a significant amount in Mauritius and/or seeking residence or investor permits, you may need to liaise with the BOI for investment approvals and incentives.
If you plan to engage in international trade, warehousing, or logistics, you may consider registering your business in one of the various Freeport zones in Mauritius.
The Freeport authorities can provide information on the registration process and benefits of operating within a Freeport.
Professional Bodies and Associations:
Some specific professions or businesses, such as legal firms, medical practices, and real estate agencies, may have additional registration requirements with their respective professional bodies or associations.
Registering for taxation purposes with the Mauritius Revenue Authority (MRA) is a crucial step for businesses. You will need to obtain a Tax Account Number (TAN) and register for Value Added Tax (VAT) if applicable.
Local Municipality or District Council:
Depending on your business activities and location, you may need to obtain specific permits or licenses from the local municipality or district council.
It is essential to consult with legal and business advisors like Órama Corporate Services in Mauritius to guide you through the registration process. They can help you understand the specific requirements, documentation, and fees associated with registering your business, ensuring that you comply with all relevant laws and regulations in Mauritius. Additionally, the exact registration process may vary depending on the type of business you intend to establish.
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