Not registered yet?
Register now! It is easy and done in 1 minute and gives you access to special discounts and much more!
Financial Services
Protect & Grow Wealth
Global Business Management
The company started operation in 1993 and over the years has built a reputation as an efficient service provider for a range of professional services to corporate clients and high network individuals. Aardra Secretarial Services Ltd, our associate company, provides company secretarial and other related services to domestic companies operating in Mauritius.
We have been advising and assisting hundreds of companies since that time. Our core business activities is the setting up and administration of Global Business Compnaies GBC, Funds, Trusts and providing advice on International Tax, Mergers and Acquisitions.A company engaged in qualified business activities, which is carried out from within Mauritius and with persons all of whom are resident outside of Mauritius, and where business is conducted in a currency other than the Mauritian rupee. However, a GBC can deal with Mauritian residents with the special approval of the Financial Services Commission (FSC) in Mauritius.
A private company registered under the Companies Act 2001 and licensed by the Financial Services Commission of Mauritius. It conducts business principally outside Mauritius. An AC is not considered as resident in Mauritius for tax purposes as it is centrally managed and controlled outside of Mauritius and has no economic substance in Mauritius, unlike the GBC.
Mauritian legislation allows for the creation of various types of Trusts, including fixed, discretionary, protective, purpose and charitable trusts. A Trust does not have a legal personality, unlike a company. It is a legal arrangement, or a contract between the Settlor (Founder) and the Trustee(s). The maximum duration of a normal Trust is 99 years, or shorter if expressly stipulated in the Trust Deed. .
Mauritius is a preferred jurisdiction for most types of fund structures including Listed Funds, Hedged Funds, Property Funds and Private Equity Funds. Funds registered with the Financial Services Commission in Mauritius are commonly structured as companies incorporated under the Companies Act 2001, governed by the Securities Act 2005 and licensed as a company holding a Category 1 Global Business Licence under the Financial Services Act 2007.
The Special Purpose Vehicle (SPV) in Mauritius is also known as a Variable Capital Company (VCC), as it can be used to create investment funds. This is a subsidiary usually created by another company (parent firm) to pool money from various investors. A VCC Fund is comparable to a Protected Cell Company or an umbrella fund; however, a VCC Fund can accommodate both collective investment schemes (CIS) and/or closed-end funds (CEF) under one structure
A PCC is a corporate structure, limited by shares, which consists of a core (“non-cellular”) and an indefinite number of cells (“cellular”). The Protected Cell Company Act 1999 updated provides additional opportunities, flexibility and security for structured finance business, captive insurance, funds and Collective Investment Schemes (CIS). The assets allocated to each specific cell may only be liable for liabilities incurred by such cell and thus should not be attacked by creditors of the company’s other cells.