Substância Económica em Maurícias
Compreenda e cumpra os requisitos de substância económica para Global Business Companies em Maurícias.
Os requisitos de substância económica foram introduzidos em Maurícias em 2019 em resposta às iniciativas da OCDE e da UE relativamente a estruturas de baixa tributação. As GBCs que exercem atividades relevantes devem demonstrar substância adequada em Maurícias para beneficiar das vantagens fiscais e do acesso a tratados.
Core elements of economic substance
Management and Control in Mauritius
The most fundamental substance requirement is that the central management and control of the GBC must be exercised in Mauritius. This means that the board of directors must make genuine strategic and operational decisions at board meetings held in Mauritius, the majority of board members must be present in Mauritius, and the company's strategic direction must demonstrably emanate from Mauritius — not from a foreign parent, shareholder or adviser.
Resident Director Participation
At least two resident directors are required for a GBC, and their participation must be genuine. The FSC assesses substance by reviewing board minutes, which must reflect real deliberation — including review of financial information, consideration of strategic options, risk assessment and informed decision-making — not merely ratification of pre-determined instructions. Thin or formulaic minutes are a red flag.
Adequate Infrastructure and Expenditure
A GBC must maintain adequate infrastructure in Mauritius commensurate with its activities. For a holding company with limited activity, this may be a modest office arrangement and a small management fee. For a fund manager or active trading company, a higher level of local expenditure, staffing or contracted services will be expected. The principle is proportionality: the substance must be real, not simulated.
Core Income-Generating Activities
For entities claiming the partial exemption on specific income streams (such as income from collective investment schemes, qualified IP income or peer-to-peer lending income), Mauritius applies sector-specific substance tests. These require that the relevant core income-generating activities are conducted in Mauritius by people with appropriate expertise. Outsourcing these activities to a third party in Mauritius is permitted, provided adequate oversight is exercised.
Implementing a substance programme
Substance gap analysis
We review the GBC's current governance arrangements, board composition, decision-making processes and documentation to identify any gaps between the current position and the requirements for genuine substance. We assess the risk profile and prioritise the most material areas for improvement.
Governance and documentation framework
We design and implement a governance framework that ensures all strategic and material operational decisions are made at board level in Mauritius. This includes a board charter, meeting calendar, decision-making protocols and a template for comprehensive board minutes that properly evidence deliberation.
Infrastructure and expenditure review
We assess whether the GBC's current level of local expenditure, office arrangements and staffing is proportionate to its activities and income levels, and recommend practical enhancements where needed — including office space, contracted local services or additional director hours.
Ongoing substance monitoring
We monitor the GBC's substance position on an ongoing basis, reviewing board minutes for quality, tracking meeting frequency, maintaining records of local expenditure and preparing the annual substance assessment that may be required by the FSC or the Mauritius Revenue Authority.
Como demonstrar substância adequada
- Realização da atividade principal geradora de rendimento em Maurícias
- Administração e gestão adequadas em Maurícias
- Número adequado de funcionários qualificados em Maurícias
- Despesas operacionais adequadas incorridas em Maurícias
- Instalações físicas adequadas em Maurícias
Custos indicativos de substância
| Item | Intervalo indicativo |
|---|---|
| Administradores residentes (anual) | USD 2.000 – 5.000 |
| Espaço de escritório (anual) | USD 3.000 – 12.000 |
| Pessoal local (se necessário) | Mediante negociação |
| Relatório de conformidade de substância (anual) | USD 500 – 1.500 |