Mauritius
Mauritius is a tax-treaty jurisdiction first and a formation jurisdiction second. Its entire reason for existing on this list is its treaty network: a deep web of double-taxation-avoidance agreements with India and a long list of African states, which is why fund managers and treaty-based holding structures have routed India- and Africa-bound investment through Mauritius for decades. The Mauritius Authorised Company is filed under the Companies Act 2001 and the post-2019 FSC framework, sits off the EU blacklist (since January 2022) and off the FATF grey list (since October 2021), and faces no Mauritius tax on its foreign-source income at the Authorised Company level. This is not a privacy IBC for a solo operator and it is not a cheap holding company. It is the conventional vehicle you reach for when the India or Africa treaty access is the actual point of the structure, and when you have, or are building, the substance to use it. Our Mauritius Authorised Company ships at $2,199 all-in, filed in about 14 days through a licensed management company.
- Tier
- REPUTABLE
- Formation
- 14 business days
- Apostille
- Supported
- UBO register
- Private
- EU list
- Off both EU lists
- FATF list
- Off the FATF lists
Figures verified February 2026 · Sources: EU Annex I/II and FATF list status, detailed in Plain talk below.
Can a non-resident form a Mauritius company?
Yes. A non-resident can form a Mauritius entity. Mauritius is a REPUTABLE jurisdiction. It onboards at a bank without the reflexive offshore-flag conversation. Formation is $2,199 all-in / ₿0.02762563 / 2,762,563 sats, paid in Bitcoin or USDT, and takes 14 business days.
- Tier
- REPUTABLE
- From price
- $2,199 all-in
- Formation time
- 14 business days
- EU / FATF status
- off both EU lists, off the FATF lists
- Public UBO register
- No
- Apostille
- Supported
What makes Mauritius different
- Treaty network is the whole pitch: an extensive set of double-taxation-avoidance agreements with India and across Africa that no mid-tier IBC jurisdiction can match.
- Reputable tier. Off the EU blacklist since January 2022 and off the FATF grey list since October 2021, so counterparties stopped auto-flagging Mauritius structures.
- No public UBO register; beneficial ownership is filed with the authorities and the registered agent, not published.
- Authorised Company designation under the post-2019 FSC framework: no Mauritius tax on foreign-source income at the entity level, filed in about 14 days.
What you are actually buying with Mauritius
REPUTABLE means institution-grade acceptance. A compliance desk onboards this entity without the reflexive enhanced-due-diligence conversation an offshore flag triggers.
Major US business-banking rails do not onboard Mauritius companies. Banking for a Mauritius structure usually runs through local Mauritius institutions arranged by the management company, and for fund vehicles the administrator and custodian relationships drive the stack as much as the entity does. Plan on documentary diligence and a multi-week onboarding. See the Banking page for named rails.
Mauritius is complex and, for most people, overkill. It is oriented to Global Business Company and investment-fund structures with real substance and licensing requirements, not to a solo operator who just needs a holding company. If you are not operating at fund scale and do not specifically need the India or Africa treaty network, this is the wrong tool.
For the large majority of use cases, a US LLC or a mid-tier IBC is the cheaper, simpler, faster path. At $2,199 Year-1 plus $1,299/yr, Mauritius costs roughly twice a Seychelles IBC and several times a Wyoming or New Mexico LLC, and it carries more ongoing obligation. Do not buy it for a use case that a $119 LLC would serve.
What we collect, and what Mauritius filing requires
- Email, country of residence, intended use statement
- OFAC + EU + UN sanctions screen (every order)
- Tier 1 KYC (ID + proof of address + source-of-funds attestation): required on this SKU
- Beneficial owner identification per Mauritius FSC and AML obligations, filed with the authorities and held by the management company
- Notarized passport, proof of address, and a documented source of funds for each beneficial owner and director
- A description of the intended activity and structure, since an Authorised Company must be centrally managed and controlled outside Mauritius
The honest note: Mauritius KYC is substantive. The licensed management company is FSC-regulated and runs real documentary diligence on every formation, with no anonymous-formation option. Beneficial ownership is filed with the authorities and is not public. The Authorised Company designation specifically requires that the company be managed and controlled from outside Mauritius, so expect questions about where the business is actually run. Plan for a documentary review, not a same-day filing.
Where Mauritius entities bank
Major US business-banking rails do not onboard Mauritius companies. Banking for a Mauritius structure usually runs through local Mauritius institutions arranged by the management company, and for fund vehicles the administrator and custodian relationships drive the stack as much as the entity does. Plan on documentary diligence and a multi-week onboarding. See the Banking page for named rails.
Full banking rankingWhen this jurisdiction is right (and wrong)
If you're running, or standing up, a fund or an investment-holding structure whose purpose is to deploy capital into India or African markets, Mauritius is the conventional answer. The treaty network is the reason the jurisdiction exists in this role, and for treaty-driven structures the Mauritius Authorised Company is purpose-built for the job.
If you specifically need treaty access that a Seychelles or Belize IBC simply cannot provide, the markup over a mid-tier IBC buys the one thing those jurisdictions don't have. For the right India- or Africa-facing structure, the treaty network is the entire point.
If you're a Bitcoin-native operator who genuinely needs a treaty-grade, FSC-supervised Mauritius vehicle, the Authorised Company pairs with local Mauritius banking or our Bitcoin-native option and still settles formation in BTC.
Mauritius is complex and, for most people, overkill. It is oriented to Global Business Company and investment-fund structures with real substance and licensing requirements, not to a solo operator who just needs a holding company. If you are not operating at fund scale and do not specifically need the India or Africa treaty network, this is the wrong tool.
For the large majority of use cases, a US LLC or a mid-tier IBC is the cheaper, simpler, faster path. At $2,199 Year-1 plus $1,299/yr, Mauritius costs roughly twice a Seychelles IBC and several times a Wyoming or New Mexico LLC, and it carries more ongoing obligation. Do not buy it for a use case that a $119 LLC would serve.
Treaty benefits are not automatic and the substance bar is real. India in particular has tightened treaty-abuse and beneficial-ownership scrutiny, and an Authorised Company must be managed and controlled outside Mauritius. Thin, mailbox-only structures can fail to qualify for the very treaty relief that motivated them. For US persons, the usual CFC, Subpart F, PFIC, and FBAR / 8938 obligations still apply. Get competent cross-border tax counsel before forming; the treaty case has to be built deliberately, not assumed.
Common Mauritius questions
Is Mauritius on any blacklist?
No. Mauritius came off the EU blacklist in January 2022 and off the FATF grey list in October 2021. As of 2026 it is a reputable jurisdiction on neither list. General information, not legal advice.
Why would I use Mauritius instead of a Seychelles IBC or a US LLC?
Essentially one reason: the treaty network. Mauritius has an extensive set of double-taxation-avoidance agreements with India and across Africa that a Seychelles or Belize IBC, or a US LLC, does not. If your structure needs that treaty access for India- or Africa-bound investment, Mauritius is the tool. If it does not, a US LLC or a mid-tier IBC is cheaper, simpler, and faster, and you should use one of those instead.
How long does formation take?
Plan on about 14 days for the Authorised Company formation step, driven by the Tier 1 KYC and the management company's diligence as much as by the registry. Apostille, which Mauritius supports, adds roughly 5 to 10 business days where your bank or counterparty requires it. Bank-account onboarding is separate and runs longer.
Do I need real substance in Mauritius?
An Authorised Company must be centrally managed and controlled from outside Mauritius, so it is not a domestic-substance vehicle in the way a Global Business Company is. But the practical question is the treaty one: India and several African states scrutinize beneficial ownership and treaty abuse, and a thin, mailbox-only structure can be denied the treaty relief that motivated it. If treaty access is the point, the substance to support it has to be built deliberately. Confirm your specific case with cross-border tax counsel before forming.
Can I pay for a Mauritius company in Bitcoin?
Yes. Accepted forms of payment are BTC (on-chain and Lightning) and USDT via BitSettle. The FSC and registered-office fees are already included in the all-in price; you do not pay Mauritius directly. You settle the whole order in BTC or USDT, and we pay the local providers from our operating account.