MAURITIUS

Status	Parliamentary democracy
Area, sq.km:	1860
Population:	1 190 000 (2001 July)
Capital:	Port Louis
Business language:	English
Currency:	Mauritius Rupee (MUR)
Location:	Indian Ocean to the east of Madagascar
Time zone:	GMT + 3

INCORPORATION DATASHEET
Advantages:	Zero tax rate on net profits of offshore activities
Disadvantages:	No access to DTTs
Company status:	Non resident corporation
Corporate legislation source:	Companies Act, 2001
Company name:	All names must end with one of the following words: Limited, Ltd., Corporation, Corp., Societe Anonyme, S.A.
Time required for incorporation:	3-4 weeks
Minimum number of directors:	1
Usual minimum capital:	No minimum requirements
Are accounts required::	Yes
Minimum number of shareholders:	1
Type of shares:	Registered
Annual tax and duties:	200 USD
What information is available on the public file:	Registered office, registered agent, Memorandum & Articles of Association
Non-public information:	Directors and shareholders
Registered office:	Local registered office is required by law.
Registered secretary / agent:	Resident company secretary is not required by law

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee:	390 USD
Notarial certification:	100 USD
International authentication (Apostille):	150 USD
Legal expenses, filing fees and stamp duties:	100 USD
Issuing of share certificates and initial minutes and forms:	150 USD
Corporate seal:	50 USD
Courier fees:	50 USD
Subtotal:	990 USD
ANNUAL FEES*
Registered office and registered agent:	990 USD
Annual tax and duties:	200 USD
Subtotal:	1190 USD
Total:	2180 USD

* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 1190 USD is payable annually beginning from the 1st of January of next year. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 2180 USD includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person):	690 USD
Nominee Director (corporate body):	-
Nominee shareholder:	295 USD
Power of Attorney:	390 USD
Notarial Certification:	150 USD
Certificate of Good Standing:	395 USD