Mauritius is known to be a paradise for tourists but also as an appropriate platform for foreigners willing to start their businesses. In fact, it is possible to create a 100% foreign business without any required minimum capital. The creation of an enterprise by an independent investor however requires some procedures.
Before starting any procedures, the enterprise has to be categorised and its nature determined, whether it is a local enterprise, a global enterprise, a public company, a private company or a one-person company.
After having clearly defined the company’s category and its activities’ nature, the entrepreneur must proceed with the business’s registration. This procedure includes a choice of name, the registration of the commercial activity and some applicable fees. Those procedures must be done at the Registrar of Companies.
Once the registration completed, the entrepreneur will be able to carry on with further required procedures. He will have to apply for the necessary licences and permits, settle the operation fees with the concerned local authority, pay the monthly returns of personal tax and VAT, remit monthly returns for the business’s employees to the Social Security and ensure the Business Registration Card’s renewal every three years.
There are different conditions regarding those wishing to invest in existing enterprises. The information along with a list of the different business activities sectors are found in the article titled Finding a job in Mauritius. (Insert page URL)