Can be used for the following:
- investment holding;
- estate planning;
- philanthropic activities.
A Foundation established in Mauritius, is governed by the Foundation Act 2012. It is a separate legal person consisting of a Founder, a Council, possibility a Protector or other supervisory persons and beneficiaries. The Foundation is a contractual arrangement, without fiduciary duties to the beneficiaries. It is in essence a hybrid of a trust and a company since it has traits of both.
The role of the Council is to manage the affairs of the Foundation to secure the wishes of the Founder. The Founder can appoint a Protector or some other supervisory person to ensure that the Council complies with the wishes of the Founder. The beneficiaries do not own any assets of the Foundation, or any interests in the Foundation itself. Until they receive a benefit from the assets of the Foundation, the assets remain in the beneficial ownership of the Foundation
Global Business Corporations (GBC)
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Authorised Company (AC)
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Protected Cell Companies (PCC)
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Mauritius has developed as an important centre for fund administration focused on Africa and Asia, where it’s expertise, fund legislation and stability make it the fund domicile of choice…
A Mauritius Domestic Company is governed by the Companies Act 2001. It may either be public or private, and is resident in Mauritius and liable to…
A legal arrangement in which an individual (the setlor) gives fiduciary control of property to a person or institution (the trustee) for the benefit of beneficiaries.
A Mauritian Foundation is governed by the Foundation Act 2012. It is a separate legal person consisting of a Founder, a Council, and the possibility of a Protector…