Mauritius is not only an appreciated offshore destination but also a recognized asset protection one. Local and foreign citizens and investors have various tools they can use in order to protect their estate. Among these, one can decide to set up an offshore company or a trust in order to protect their assets, however, it should be noted that the right tool should be chosen based on the goods one wants to protect.
Below, our company formation specialists in Mauritius provide key information on the best asset protection tools in this country. If you need assistance, you can rely on our agents for various services.
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Here are the main tools through which asset protection can be ensured in Mauritius:
Among these, the trust and the foundation are often the choices of local and foreign investors who want to protect their assets. It should be noted that there are several types of trusts that can be set up in Mauritius and our local advisors can provide more information on them.
Also, if you want to open an offshore company or bank account in Mauritius, our consultants are at your service.
Mauritius is an offshore financial hub. Since its founding, the country has rapidly established itself as one of the most reliable countries to set up financial companies in. If you decide to apply for a Forex license in Mauritius, you will have no limits on how you choose to market to your customers and how much you charge them for your services.
Trusts are regulated by the Trust Act of 2001, which is important to note as not all countries have laws to provide for the creation of such entities. According to the law:
If you need more information on the legislation related to the creation of trusts or their characteristics, you can direct your questions to our Mauritius company formation agents.
The trust can be created through a deed of trust or will and implies drafting an agreement between the settlor (the person creating the trust) and the trustee (the person or company in charge of the administration of the assets mentioned in the agreement). Our team can provide more details on this subject, and you can also request advice on how to set up a bank account in Mauritius.
No matter the document used for the creation of the trust, it must contain the following information:
The local legislation provides for several types of trusts can be set up in Mauritius, however, all of them will provide the same benefits and privacy when it comes to the assets protected through them.
Opening a bank account in Mauritius comes with various advantages. In addition to providing traditional banking services, the banks also provide a wide range of specialized services, including private banking, fund administration, structured trade finance, international portfolio management, investment banking, treasury management, and custody services.
We can assist with the creation of various types of trusts, however, we can also provide guidance on business registration and on Mauritius citizenship by investment program.
The idea of gaining citizenship in Mauritius has developed over time and is still a highly desired nationality today. A stable democracy and political climate, a favorable tax system, and visa-free travel are just a few benefits of holding a Mauritius passport. Contact us if you want to move here permanently.
Another way of ensuring effective asset protection in Mauritius is the creation of a foundation. This type of entity is regulated by the Foundations Act of 2012 and respects the Commonwealth regulations, considering Mauritius was a British Colony.
Just like the trust, a foundation can be created by foreign citizens who want to protect their assets. It is common for this entity to be used for estate planning purposes especially associated with the enhanced protection of real estate property.
No matter the asset protection tool you want to use, our company registration agents in Mauritius can help you set it up. You can also count on us for accounting services in Mauritius.
Mauritius ranks pretty high in the Heritage.org survey on economic freedom, ahead of various European countries.
According to the report, Mauritius has scored 74.9 points in the 2020 Index, ranking 21st. Its overall score increased by 1.9 points since last years in important sectors like:
If you want to set up a trust for asset protection purposes, our agents at your service, so do not hesitate to contact us. You can also rely on for full company formation services in Mauritius.
