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Aerial view of Mauritius coastline
Трансграничное структурирование

Трансграничное структурирование через Маврикий

Используйте Маврикий в качестве хаба для трансграничных инвестиций и структурированных сделок.

Обширная договорная сеть Маврикия и регуляторная среда делают его идеальным хабом для трансграничных инвестиций в Африку, Азию и другие регионы.

Cross-Border Structuring Use Cases

Intermediate Holding Company

A Mauritius GBC holding shares in operating subsidiaries in Africa or Asia sits between the ultimate beneficial owner (or parent group) and the subsidiary. Dividends flowing up to the Mauritius holding company attract treaty-reduced withholding taxes and qualify for the participation exemption or partial exemption at the Mauritius level. Capital gains on exit are exempt. The holding company must demonstrate genuine substance — Mauritius-based directors, real management and control, board meetings in Mauritius.

IP Holding and Licensing

Intellectual property developed or acquired through a Mauritius company can be licensed to operating entities in treaty partner countries. Royalties paid by those entities to the Mauritius IP company attract treaty-reduced withholding taxes, and the royalty income received at the Mauritius level qualifies for the 80% partial exemption. The IP must be genuinely held and managed from Mauritius, and the royalty rates must be arm's length.

Back-to-Back Financing Structure

A Mauritius company borrows from the parent or a third-party lender and on-lends to operating subsidiaries at arm's length rates. Interest received by the Mauritius financing vehicle from non-residents qualifies for partial exemption. Treaty provisions reduce withholding tax on interest in the borrower's jurisdiction. Transfer pricing documentation is essential, and the Mauritius vehicle must have genuine substance.

Regional Treasury Centre

For multinationals with operations across Africa and Asia, concentrating treasury functions — cash pooling, intercompany lending, currency management, investment of surplus cash — in a single Mauritius entity provides operational efficiency alongside treaty and tax benefits. The Mauritius Treasury Centre must have real staff and infrastructure, but benefits enormously from the jurisdiction's time zone, connectivity and professional services ecosystem.

Joint Venture and Investment Vehicle

International joint ventures and club deals targeting African or Asian assets are frequently structured through a Mauritius SPV — providing a neutral, English-law, politically stable jurisdiction for the joint venture vehicle, with treaty access to the target market and an efficient exit environment (no capital gains tax).

Hybrid Instruments and Debt Structuring

Mauritius can be used to issue hybrid instruments (convertible notes, profit-participating loans, mandatorily convertible instruments) that achieve different tax treatment in source and recipient jurisdictions. Careful analysis under BEPS Action 2 (hybrid mismatch rules) is required to ensure the structure achieves its intended outcome without creating adverse tax consequences.

Substance Requirements for Cross-Border Structures

  • GBC licence from the FSC is required for international business holding structures
  • Majority of directors must be Mauritius residents; board meetings held in Mauritius
  • Core income-generating activities managed from or in Mauritius (directly or through a licensed service provider)
  • Adequate local expenditure commensurate with the income generated through the structure
  • Transfer pricing documentation for all material related-party transactions
  • Tax Residence Certificate (TRC) from the MRA — required to claim treaty benefits
  • BEPS Action 6 (PPT test) compliance — genuine commercial purpose required for treaty access
  • Annual GBC licence fee and FSC annual filing maintained

Frequently asked questions

Каковы преимущества африканских инвестиций через Маврикий?
Договоры с многими африканскими странами, доступ к соглашениям о торговле SADC/COMESA, политический нейтралитет, стабильная правовая система.
Как обстоит дело с договором об избежании двойного налогообложения между Маврикием и Индией?
Пересмотренный договор об избежании двойного налогообложения между Индией и Маврикием 2016 года по-прежнему является важным инструментом для инвестиций между двумя странами.
The information on this page is provided for general guidance only and does not constitute legal, tax or regulatory advice. Always seek professional advice specific to your situation.