{"id":987,"date":"2025-10-09T07:43:47","date_gmt":"2025-10-09T07:43:47","guid":{"rendered":"https:\/\/ministry1.govmu.org\/cbrd\/?page_id=987"},"modified":"2025-10-09T08:21:26","modified_gmt":"2025-10-09T08:21:26","slug":"global-business-company-and-authorized-company","status":"publish","type":"page","link":"https:\/\/companies.govmu.org\/cbrd\/global-business-company-and-authorized-company\/","title":{"rendered":"Global Business Company and Authorized Company"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"987\" class=\"elementor elementor-987\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-116c595 e-flex e-con-boxed e-con e-parent\" data-id=\"116c595\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a6bbd57 elementor-widget elementor-widget-heading\" data-id=\"a6bbd57\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Global Business Company and Authorized Company<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b564aab e-con-full e-flex e-con e-parent\" data-id=\"b564aab\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3fb22e9 elementor-widget__width-inherit e-n-tabs-mobile elementor-widget elementor-widget-n-tabs\" data-id=\"3fb22e9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"nested-tabs.default\">\n\t\t\t\t\t\t\t<div class=\"e-n-tabs\" data-widget-number=\"66790121\" aria-label=\"Tabs. Open items with Enter or Space, close with Escape and navigate using the Arrow keys.\">\n\t\t\t<div class=\"e-n-tabs-heading\" role=\"tablist\">\n\t\t\t\t\t<button id=\"e-n-tab-title-667901211\" data-tab-title-id=\"e-n-tab-title-667901211\" class=\"e-n-tab-title\" aria-selected=\"true\" data-tab-index=\"1\" role=\"tab\" tabindex=\"0\" aria-controls=\"e-n-tab-content-667901211\" style=\"--n-tabs-title-order: 1;\">\n\t\t\t\t\t\t<span class=\"e-n-tab-title-text\">\n\t\t\t\tWhat is the difference between a Global Business Company (GBC) and an Authorized Company? \t\t\t<\/span>\n\t\t<\/button>\n\t\t\t\t<button id=\"e-n-tab-title-667901212\" data-tab-title-id=\"e-n-tab-title-667901212\" class=\"e-n-tab-title\" aria-selected=\"false\" data-tab-index=\"2\" role=\"tab\" tabindex=\"-1\" aria-controls=\"e-n-tab-content-667901212\" style=\"--n-tabs-title-order: 2;\">\n\t\t\t\t\t\t<span class=\"e-n-tab-title-text\">\n\t\t\t\tWho can apply for incorporation of GBC\/Authorised Companies?\t\t\t<\/span>\n\t\t<\/button>\n\t\t\t\t<button id=\"e-n-tab-title-667901213\" data-tab-title-id=\"e-n-tab-title-667901213\" class=\"e-n-tab-title\" aria-selected=\"false\" data-tab-index=\"3\" role=\"tab\" tabindex=\"-1\" aria-controls=\"e-n-tab-content-667901213\" style=\"--n-tabs-title-order: 3;\">\n\t\t\t\t\t\t<span class=\"e-n-tab-title-text\">\n\t\t\t\tWhat are the applicable fees for incorporation of GBC\/ Auth. Companies? \t\t\t<\/span>\n\t\t<\/button>\n\t\t\t\t<button id=\"e-n-tab-title-667901214\" data-tab-title-id=\"e-n-tab-title-667901214\" class=\"e-n-tab-title\" aria-selected=\"false\" data-tab-index=\"4\" role=\"tab\" tabindex=\"-1\" aria-controls=\"e-n-tab-content-667901214\" style=\"--n-tabs-title-order: 4;\">\n\t\t\t\t\t\t<span class=\"e-n-tab-title-text\">\n\t\t\t\tWho can apply for extract of file and current standing?\t\t\t<\/span>\n\t\t<\/button>\n\t\t\t\t<button id=\"e-n-tab-title-667901215\" data-tab-title-id=\"e-n-tab-title-667901215\" class=\"e-n-tab-title\" aria-selected=\"false\" data-tab-index=\"5\" role=\"tab\" tabindex=\"-1\" aria-controls=\"e-n-tab-content-667901215\" style=\"--n-tabs-title-order: 5;\">\n\t\t\t\t\t\t<span class=\"e-n-tab-title-text\">\n\t\t\t\tWhich documents are required for an application for removal of company under S309 (1) (d)?\t\t\t<\/span>\n\t\t<\/button>\n\t\t\t\t<button id=\"e-n-tab-title-667901216\" data-tab-title-id=\"e-n-tab-title-667901216\" class=\"e-n-tab-title\" aria-selected=\"false\" data-tab-index=\"6\" role=\"tab\" tabindex=\"-1\" aria-controls=\"e-n-tab-content-667901216\" style=\"--n-tabs-title-order: 6;\">\n\t\t\t\t\t\t<span class=\"e-n-tab-title-text\">\n\t\t\t\tRESTORATION \t\t\t<\/span>\n\t\t<\/button>\n\t\t\t\t\t<\/div>\n\t\t\t<div class=\"e-n-tabs-content\">\n\t\t\t\t<div id=\"e-n-tab-content-667901211\" role=\"tabpanel\" aria-labelledby=\"e-n-tab-title-667901211\" data-tab-index=\"1\" style=\"--n-tabs-title-order: 1;\" class=\"e-active elementor-element elementor-element-59902cd e-con-full e-flex e-con e-child\" data-id=\"59902cd\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f4992b5 elementor-widget elementor-widget-heading\" data-id=\"f4992b5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">What is the difference between a Global Business Company (GBC) and an\nAuthorized Company? <\/h5>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-104e023 elementor-widget elementor-widget-heading\" data-id=\"104e023\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Global Business Companies (GBC)<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cb6ab90 elementor-widget elementor-widget-text-editor\" data-id=\"cb6ab90\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li>Must have at least 2 resident directors<\/li><\/ul><div>\u00a0<\/div><ul><li>Be administered by a Management Company<\/li><\/ul><div>\u00a0<\/div><ul><li>Keep and maintain its principal bank account in Mauritius<\/li><\/ul><div>\u00a0<\/div><ul><li>\u00a0Can be used for providing financial services: Fund Management, Insurance Broker, Investment dealer\u2026<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3da7d7b elementor-widget elementor-widget-heading\" data-id=\"3da7d7b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Authorized Company<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-72ce5c2 elementor-widget elementor-widget-text-editor\" data-id=\"72ce5c2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li>Must have at least 1 Director not necessarily resident<\/li><\/ul><div>\u00a0<\/div><ul><li>At all times have a registered Agent<\/li><\/ul><div>\u00a0<\/div><ul><li>\u00a0Can appoint Corporate Director<\/li><\/ul><div>\u00a0<\/div><ul><li>Conduct business outside Mauritius<\/li><\/ul><div>\u00a0<\/div><ul><li>Can carry out activities such as Investment Holding, International trade, Management and Consultancy<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div id=\"e-n-tab-content-667901212\" role=\"tabpanel\" aria-labelledby=\"e-n-tab-title-667901212\" data-tab-index=\"2\" style=\"--n-tabs-title-order: 2;\" class=\" elementor-element elementor-element-d9a6c77 e-con-full e-flex e-con e-child\" data-id=\"d9a6c77\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-426ad1f e-con-full e-flex e-con e-child\" data-id=\"426ad1f\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-da9528f elementor-widget elementor-widget-heading\" data-id=\"da9528f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Who can apply for incorporation of GBC\/Authorised Companies?<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-af62d60 elementor-widget elementor-widget-text-editor\" data-id=\"af62d60\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Management Company\/ Registered Agent which are licensed by the FSC<\/p><p><br>\nList of licensees are available on the website of FSC&nbsp;<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div id=\"e-n-tab-content-667901213\" role=\"tabpanel\" aria-labelledby=\"e-n-tab-title-667901213\" data-tab-index=\"3\" style=\"--n-tabs-title-order: 3;\" class=\" elementor-element elementor-element-c8106bb e-flex e-con-boxed e-con e-child\" data-id=\"c8106bb\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c2921d1 elementor-widget elementor-widget-heading\" data-id=\"c2921d1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">What are the applicable fees for incorporation of GBC\/ Auth.\nCompanies? <\/h5>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7748040 elementor-widget elementor-widget-text-editor\" data-id=\"7748040\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li>GBC Rs 3200<\/li><\/ul><p>\u00a0<\/p><ul><li>Authorised USD 100<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div id=\"e-n-tab-content-667901214\" role=\"tabpanel\" aria-labelledby=\"e-n-tab-title-667901214\" data-tab-index=\"4\" style=\"--n-tabs-title-order: 4;\" class=\" elementor-element elementor-element-76066e8 e-flex e-con-boxed e-con e-child\" data-id=\"76066e8\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f7657d0 elementor-widget elementor-widget-heading\" data-id=\"f7657d0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Who can apply for extract of file and current standing?<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d7430e2 elementor-widget elementor-widget-text-editor\" data-id=\"d7430e2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li>Management Company\/ Registered Agent<\/li><\/ul><div>\u00a0<\/div><ul><li>Director<\/li><\/ul><div>\u00a0<\/div><ul><li>\u00a0Shareholder<\/li><\/ul><div>\u00a0<\/div><ul><li>Representative of that Company<\/li><\/ul><div>\u00a0<\/div><ul><li>A person qualified to act as Secretary under Section 165 of the Companies Act 2001<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div id=\"e-n-tab-content-667901215\" role=\"tabpanel\" aria-labelledby=\"e-n-tab-title-667901215\" data-tab-index=\"5\" style=\"--n-tabs-title-order: 5;\" class=\" elementor-element elementor-element-935c388 e-flex e-con-boxed e-con e-child\" data-id=\"935c388\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e7eeeb6 elementor-widget elementor-widget-heading\" data-id=\"e7eeeb6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Which documents are required for an application for removal of\ncompany under S309 (1) (d)?<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8fc51db elementor-widget elementor-widget-text-editor\" data-id=\"8fc51db\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li>Application form \u2013 F23<\/li><\/ul><div>\u00a0<\/div><ul><li>Shareholder\u2019s resolution<\/li><\/ul><div>\u00a0<\/div><ul><li>Letter of no charges<\/li><\/ul><div>\u00a0<\/div><ul><li>Clearance from MRA\/ FSC for GBCs and only FSC for Authorised Companies<\/li><\/ul><div>\u00a0<\/div><ul><li>Original copies of Govt Gazette + 2 daily newspapers<\/li><\/ul><div>\u00a0<\/div><ul><li>Copy of Notice published<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div id=\"e-n-tab-content-667901216\" role=\"tabpanel\" aria-labelledby=\"e-n-tab-title-667901216\" data-tab-index=\"6\" style=\"--n-tabs-title-order: 6;\" class=\" elementor-element elementor-element-1c69b3c e-flex e-con-boxed e-con e-child\" data-id=\"1c69b3c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a739cf5 elementor-widget elementor-widget-heading\" data-id=\"a739cf5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">RESTORATION <\/h4>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2abcf2a elementor-widget elementor-widget-heading\" data-id=\"2abcf2a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Who can apply for the restoration of companies pursuant to sec 319 CA\n2001?\n<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e468c5d elementor-widget elementor-widget-text-editor\" data-id=\"e468c5d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li>Shareholder<\/li><\/ul><div>\u00a0<\/div><ul><li>Director<\/li><\/ul><div>\u00a0<\/div><ul><li>Creditor<\/li><\/ul><div>\u00a0<\/div><ul><li>Court<\/li><\/ul><div>\u00a0<\/div><ul><li>Liquidator<\/li><\/ul><div>\u00a0<\/div><ul><li>Registrar &#8211; as per section 319(2) of the Companies Act 2001<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c76b42e elementor-widget elementor-widget-heading\" data-id=\"c76b42e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Grounds for restoration<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6ce879a elementor-widget elementor-widget-text-editor\" data-id=\"6ce879a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li>Company was still carrying on business<\/li><\/ul><div>\u00a0<\/div><ul><li>The company was a party to legal proceedings<\/li><\/ul><div>\u00a0<\/div><ul><li>The company was in receivership, or liquidation &#8211; as per sec 319(1) CA 2001<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-427a32c elementor-widget elementor-widget-heading\" data-id=\"427a32c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Procedures to be followed <\/h5>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-602d4c3 elementor-widget elementor-widget-text-editor\" data-id=\"602d4c3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>\u27a2Approval by ROC<\/p><p>\u27a2 Letter issued to Applicant regarding conditions for restoration<\/p><p>\u27a2 Restoration Fees of MUR 5000,<\/p><p>\u27a2 Outstanding fees payable to ROC\u00a0<\/p><p>\u27a2 Declaration of Beneficial Owner\/s<\/p><p>\u27a2 Publication in Government Gazette<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-21d56dc elementor-widget elementor-widget-heading\" data-id=\"21d56dc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Company restored after a statutory period of 28 days if no objection is\nreceived. <\/h5>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>What is the difference between a Global Business Company (GBC) and an Authorized Company? Who can apply for incorporation of GBC\/Authorised Companies? What are the applicable fees for incorporation of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"wf_page_folders":[4,3],"class_list":["post-987","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\r\n<title>Global Business Company and Authorized Company - Corporate and Business Registration Department<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/companies.govmu.org\/cbrd\/global-business-company-and-authorized-company\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Global Business Company and Authorized Company - Corporate and Business Registration Department\" \/>\r\n<meta property=\"og:description\" content=\"What is the difference between a Global Business Company (GBC) and an Authorized Company? Who can apply for incorporation of GBC\/Authorised Companies? 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