ESTONE | Products

Expert structuring and compliance solutions for global businesses

Company Structure

Bespoke asset protection and succession planning for lasting legacies

Private Wealth Structure

Tailored regulatory frameworks & compliance solutions for financial services businesses

Special Licence Wealth

Products

Our customised solutions are designed to fit your organisation, your investments, your goals and your distinct challenges. We build a bespoke foundation that sets you up for success.

At ESTONE, we offer a comprehensive range of services designed to meet your financial and structural needs. Our Company Structure service specialises in crafting robust corporate frameworks, whether for investment, international trading or consultancy, ensuring your enterprise aligns with global compliance standards. Through our Private Wealth Structure services, we deliver tailored solutions for wealth protection and succession planning, offering confidentiality and efficient asset management. They are designed to secure your family's legacy with bespoke strategies, from preserving capital to seamless inheritance planning, ensuring your aspirations are met with expert precision. We also provide expert guidance and solutions to ensure the smooth establishment, compliance and growth of Special Licence Structure.

Company Structure

Private Wealth Structure

Special Licence Structure

Company Structures

The proper structuring of a business or any investment is indispensable for its long-term success. At ESTONE, we help clients identify the best structure based on their vision and future road map. We plan, implement and complete corporate restructuring of any size.

Whether you are engaged in investment holding, international trading, consultancy or financial services activities, ESTONE is poised to provide tailored strategic guidance to meet your specific needs.

Authorised Company

Authorised Companies

A company that is principally owned by non-Mauritius citizens and that carries out its activities outside of Mauritius, and which is centrally managed and controlled outside of Mauritius, has to apply with the Financial Services Commission to operate as an Authorised Company.

An Authorised Company must have, at all times, a registered agent in Mauritius, which shall be a Management Company. ESTONE LIMITED is duly licensed by the Financial Services Commission to act as a registered agent in Mauritius.

Tax Features

An Authorised Company must have its place of effective management outside of the Mauritian jurisdiction to be exempted from paying tax in Mauritius. It is required to submit (nil) tax returns on its foreign source income to the Mauritius tax authority.

An Authorised Company is subject to tax on income from Mauritius sources. It does not have access to Mauritius’ tax treaty network.

Global Business Company

Global Business Companies

A non-citizen of Mauritius who either holds or controls the majority of its shares in a Mauritian Company, which will conduct business principally outside Mauritius and which will be managed and controlled in or from Mauritius, needs to apply for Global Business Licence.

Management and Control

The Global Business Company will be required, at all times, to:

(a) have a minimum level of expenditure, which is proportionate to its business activities;

(b) employ, either directly or indirectly, a reasonable number of qualified staff to carry out its core income generating activities in or from Mauritius

(c) be managed and controlled from Mauritius:

 Have at least 2 directors resident in Mauritius of sufficient calibre to exercise independence of mind and judgment on its board of directors
 Maintain, at all times, its principal bank account at a bank
 Maintain, at all times, its accounting records at its registered office, both in Mauritius
 Prepare its statutory financial statements and cause such financial statements to be audited in Mauritius
 Provide for the meetings of its board of directors to include at least two directors from Mauritius.

(d) be administered by a Management Company.

Tax Features

A Company Business Company is resident in Mauritius for tax purposes and is subject to tax at the rate of 15% on its worldwide income (subject to tax adjustments and exceptions on exempt income) along with being eligible for benefits under the extensive network of double taxation avoidance agreements between Mauritius and other countries.

There is partial exemption of certain income, depending on the nature and type of licensed activities, which may be claimed subject to meeting certain conditions, such as satisfying substance requirements for control and management in Mauritius.

A Global Business Company has the option of either claiming foreign tax suffered as a tax credit against its Mauritius tax liability or a partial exemption of 80% on certain income subject to meeting the substance conditions. Some of the income on which the partial exemption is available include:

- Foreign sourced dividend, provided it has not been allowed as a deduction in the source country;
- Foreign sourced interest income, provided the lender is a company;
- Profits attributable to the permanent establishment of a Global Business Company in a foreign country;
- Income derived by companies engaged in ship and aircraft leasing.

Mauritius has no thin capitalization rules. Interests and royalty payments paid by a Global Business Company are fully tax deductible in Mauritius.

There is no withholding tax on outward payments from Mauritius, no capital gains tax or estate duty and no stamp duties or capital taxes.

Domestic Company

Domestic Companies

A non-citizen of Mauritius who either holds or controls the majority of its shares in a Mauritian Company, which intends to conduct business principally in Mauritius, must set up a domestic company.

A domestic company can be 100% foreign-owned and there is no minimum capital requirement.

A domestic company can also apply for a freeport licence for warehousing, transshipment and/or transformation of products in the freeport sector in Mauritius. The Mauritius Freeport is a customs-free zone providing traders and international investors with the necessary logistics for the transshipment, consolidation & storage and minor processing of goods for re-exports (transition of goods). Bulk‐breaking, re‐assortment, processing and assembly can be carried out in the Freeport before the products are re‐ exported to the Southern, East African and Indian Ocean markets. The Mauritius Freeport allows investors to take advantage of the Regional Trade Agreements and International Cooperation.

Tax Features

A domestic company is liable to corporate income tax at 15% but may be subject to exemptions, tax holidays or other reductions in the tax rate as a result of the activities of the company. It is not subject to withholding tax on capital gains, dividends or exchange controls in Mauritius.

A domestic company needs to pay a Corporate Social Responsibility tax of 2% of its profits towards programmes that contribute to the social and environmental development of the country.

A domestic company engaged in the exportation of products is taxed at 3% on its profits.

A domestic company is also eligible to the various tax reliefs that are available under the double tax treaties in place.

VAT registration is compulsory for any domestic company with an annual turnover exceeding Rs 2 millions.

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Private Wealth Structures

We deliver personal and discreet services offering our time, expertise and considerable collective experience to provide complete peace of mind.

Each family is different and there cannot be a cookie-cutter approach to managing your family’s wealth. Whether it is preserving capital, providing an income stream for future generations or safeguarding assets through bespoke planning, we carefully devise the solution that meets your needs for today and achieve your aspirations for tomorrow.

We assist with the establishment of Trusts, Foundations and other asset-holding vehicles to facilitate succession and inheritance planning. Once the preferred structure is set up, we make sure it runs smoothly. We provide trustee, foundation’s council members and other fiduciary services to manage the preferred structure in a compliant way.

Our experts have many years of experience in setting up and managing Trust and Foundation structures and can navigate the complexity of providing global solutions for you.

Trust

Foundation

Special Licence Company

Mauritius has established itself as a leading financial services hub, offering a wide range of ‘Special Licences’ for businesses looking to operate within the global business and non-banking financial sectors. The Financial Services Commission, under the Financial Services Act (2007), regulates these sectors, ensuring a transparent and stable environment for financial activities.

Mauritius provides a competitive tax regime, making it an attractive destination for international businesses. The Financial Services Commission oversees a variety of activities, offering licences for sectors such as Investment, Insurance, Pensions and Non-Banking Financial Institutions.

The Financial Services (Consolidated Licensing and Fees) Rules 2008 set out the licensing framework that provides for a codified list of financial services and financial business activities licensable by the FSC, which includes:
• Financial Services Providers, such as Asset Manager, Distributor of Financial Products, Global Headquarters Administrator and Family Office
• Securities or Capital Market Intermediaries, such as Investment Dealer and Investment Adviser
• Specialised Financial Services Institutions, such as Credit Finance and Payment Intermediary Services Virtual Asset Service Providers, such as Broker-Dealer, Issuer of Initial Token Offering, Custodian and Market Place
• Insurance Service Providers, such as Insurance Broker
• Collective Investment Schemes and Closed-End Funds

At ESTONE LIMITED, we provide comprehensive support throughout the entire licensing process, from initial application to ongoing regulatory compliance. Our team of experts ensures that your business is set up efficiently and is administered in full adherence to Mauritius’ regulatory framework.

Recent Licenses we have assisted with:

• Investment Adviser (Unrestricted) Licence
This licence permits entities to provide investment advisory services and manage portfolios of securities. It is suitable for businesses that wish to offer advisory and management services for securities other than corporate finance.

• Insurance Brokerage Licence
This licence authorises businesses to act as intermediaries between clients and insurers, offering services such as arranging insurance and reinsurance contracts for policyholders.

• Investment Dealer Licence
This licence is designed for businesses involved in the buying, selling and dealing of securities or other financial instruments. It allows firms to operate as intermediaries in securities transactions, providing market-making, proprietary trading and other related services in a regulated environment.

Tax Features

A partial exemption of 80% is available on the income of Global Business Companies holding the following licences: - Collective Investment Scheme (‘CIS’), Closed End Fund, CIS Manager, CIS Administrator, Investment Adviser, Investment Dealer or Asset Manager - Reinsurance or reinsurance brokering. A full income tax exemption (tax holiday) of five to eight years is also available if a Global Business Company engages in certain activities such as Global Headquarters Administration, Overseas Family Office (Single), Overseas Family Office (multiple), Global Treasury, Global Legal Advisory and Captive Insurance activities.

Products

Company Structures

Private Wealth Structures

Special Licence Company

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