Global Treasury Activities

Businesses with a Global Treasury Activities License are required to offer three or more associated entities at least three treasury services, including but not restricted to the following:

> arrangements for derivatives;
> corporate finance advisory;
> credit administration and control;
> factoring, forfaiting and re-invoicing activities;
> guarantees, performance bonds, standby letters of credit and services relating to remittances; and
> management of funds for designated investments.

 

Benefits and Tax aspect:

> A Global Treasury licensee shall have physical office, employ minimum number of four professional employees’ resident in Mauritius with at least one at managerial position and incur minimum annual operating expenditure in Mauritius of MUR 2 million.
> Companies operating from Mauritius can benefit from its extensive range of bilateral and multilateral agreements, sound legal system, good corporate governance, reliable banking system, qualified and experienced workforce, and no foreign exchange
controls.
> Companies holding a Global Treasury Activities Licence are eligible for a tax holiday of 5 years on corporate income, subject to meeting its licensing requirements.

 

Fees:

> Processing Fees: USD 1,000
> Fixed Annual Fees: USD 2,500

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