• It has been pleasure to be associated with VA Global Business for over 5 years.  Efficient and cost effective service has been their hallmark and we wish them all the very best for a great success ahead.    
    Author : Vipul R Kothari - Director
    Global Business Services JLT.
  • We find VA Global Business Limited helpful in meeting our requirement. People are always co-operative and understandable to our needs. In offshore busines environment it is always advisable to choose professional service from people with high integrity and good professional conduct and there is no doubt that VA Global Business Limited meets the requirements.  
    Author : Director
    Gagan Corporation Ltd
  • We have been a client of VA Global Business Limited for the incorporation and secretarial services of a Mauritius Offshore company since May 2006 and have been fully satisfied by the quality of their services. Incorporation was pretty straightforward with clear instructions for setting up the company as well as an off-shore bank account. They have proved to be trustworthy and responded swiftly to ...
    Author : Director
    Business Development Services Ltd
  • As a growing advisory firm in the region our company has been well served by VA Global Business since 2009. They have consistently provided sound advice in setting up business structures tailored to the needs of our company and assisting various ongoing administrative matters. Some of the activities that we have relied on VA Global to carry out for us include company registration, administration a...
    Author : Managing Director
    slEconomics Africa
  • VA Global was able to provide a step by step clear process for setting up the relevant structures in Mauritius, saving us days of research. All correspondence via e-mail and phone was professional with timely attention to all queries. Doing business across borders is only a success when there is a trusted partner on the other side
    Author : Director
    Twiga Limited
  • VA Global Ltd has been a great help to our business. They have consistently replied to any questions and queries we have had in a timely manner and have enabled our business to transition smoothly through a recent restructuring. We look forward to continuing to work with them in the future, and would recommend them to anyone who needs the administrative services that they are able to provide.
    Author : Director
    Amistad Ltd
  • We are in our fifth year of working with VA Global. Their standards of service are very high. We find them efficient, reliable and very accessible. VA Global offers you a personalised service par excellence!
    Author : Director
    Spectramax Ltd
  • Just a quick note to say thank you very much for an incredible working partnership. I must say I came along with the usual reservation that you have about whether the whole process of registering an offshore company (legal procedures, bank account opening...) will be smooth and rapid but you positively surprised me! As a private consultant, finding ways to save money for my clients is a priority a...
    Author : Lily Johns
    Private Consultant
Testimonial

NewYork

London

Mauritius

Mumbai

This privacy policy sets out how VA Global Business Limited uses and protects any information that you give VA Global Business Limited when you use this website. VA Global Business Limited is committed to ensuring that your..... Read More

Global Business Company 2

An Authorised Company applies where the majority of shares or voting rights or the legal or beneficial interest in a company incorporated under the Companies Act are held or controlled, as the case may be, by a person who is not a citizen of Mauritius and such company -
                        (a) proposes to conduct or conducts business principally outside Mauritius; and
                        (b) has its place of effective management outside Mauritius.

Conditions of an Authorised Company
A holder of an Authorised Company Licence shall –
1)at all times have a registered agent in Mauritius which shall be a management company and which shall be responsible for providing services including:
                         a) filing of any return or document required under relevant Acts in Mauritius;
                         b) receiving and forwarding of any communication from and to the Commission, the Mauritius Revenue Authority or the Registrar;
                         c) undertaking measures on combating money laundering and the financing of terrorism and related offences as required by any enactment or guidelines issued by the Commission;
                         d) keeping of records, including board minutes and resolutions, transaction records and such other documents as the FSC may require; and
                         e) such other services as the FSC may require.
2) file with the Commission, once in every year, a financial summary; and
3) file with the Mauritius Revenue Authority, once in every year, the Company Tax Return (Authorised company is tax exempt in Mauritius but annual return has to be filed with the Tax Authority).

Transitional Provisions - Authorised Company v/s Category 2 Global Business Licence (GBC 2)
1) No new GBC 2 to be registered as from now.
2) Instead of GBC 2, there is a new structure called ‘Authorised Company’.
3) All GBC 2 incorporated on or before 16th October 2017, will maintain their GBC 2 status & existing conditions till 30th June 2021 (after this the company will have the option to convert to the new structures but fees/process applicable for this are yet to be confirmed by the Authority).
4) All GBC 2 incorporated after 16th October 2017, their license will lapse after 31st December 2018, but they have an option to convert into an Authorised Company.

Note: For applications made before for the conversion of a GBC 2 into an Authorised Company before end of 31st December 2018, there will be only a minimal fee of USD 50 (the processing and annual fees being waived for the year till 2018-2019). Any application for conversion made after 31st December 2018 will be subject to full processing and annual fees as per current legislation.

5) As from 08th October 2018, the FSC will consider applications for Authorised Company.