Mauritius Global Treasury Activities

The Mauritius Global Treasury Activities (“GTA”) Licence is issued under the Financial Services Act 2007. A GTA Licence is issued to the treasury segment of multinational corporations which would like to be set up in Mauritius and is looking to provide funding, hedging and liquidity arrangements, trade finance and proprietary fund management services. The company shall apply under a Global Business Company (“GBC”) Licence.

Administrative aspect 

In addition to the standard licensing requirements for GBC, an applicant for the GTA Licence should also meet the following requirements:

  • To have a physical office in Mauritius
  • To employ a minimum of four professionals, with at least one at managerial level
  • To incur annual expenditure of at least MUR 2M

GTA Licensees are expected to provide at least three treasury services to at least three related companies, including but not limited to the following:

  • Arrangement for credit facilities, including credit facilities with funds obtained from financial institutions in Mauritius or from surpluses of network companies
  • Arrangement for derivatives
  • Corporate finance advisory
  • Credit administration and control
  • Factoring, forfeiting and re-invoicing activities
  • Guarantees, performance bonds, standby letters of credit and services relating to remittances
  • Management of funds for designated investments
  • Such other global treasury activity as may be specified in FSC Rules
Taxation aspect
  • 5 years tax holiday on corporate income, subject to meeting its licensing requirements
  • No capital gains tax
  • No withholding tax on dividend or interest in Mauritius
Statutory Fees
  • Application Processing Fee to Financial Services Commission: US$ 1,000.
  • Annual GTA License Fees to Financial Services Commission: US$ 2,500