Overseas Company Registrations Skyrocket in Mauritius Before New Rules Enter into Force

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As predicted by tax experts closely watching the events unfold; the Company Registrar in Mauritius has been inundated with incorporations for Overseas Companies with applications wanting to get in before the new tax residency rules for companies are brought into force.

The Mauritius’ Financial Services Commission (FSC) has reassured offshore funds and service providers that as long as the applications have met all the know-your-customer (KYC), anti-money laundering and substance requirements there will be no delays in the processing of all residency applications within two months from the date of submission.