TMF Mauritius

Mauritius is committed to consistently review its legal and regulatory frameworks to maintain its fight against money laundering, the financing of terrorism and proliferation financing. As a result, Mauritius is one of the most highly regulated jurisdictions in Africa, so it is essential for companies to keep up with changing requirements, to ensure that they stay fully compliant.

TMF Mauritius is licensed by the Financial Services Commission to service global business licence companies in Mauritius. We provide a full suite of services to various types of legal entities, helping international companies with all their business administration needs.

In addition to our global portfolio of services, TMF Mauritius provides specific local support in the following areas:

Corporate Services

We assist clients with the establishment and daily administration of their legal structures in Mauritius and, where applicable, we provide assistance with:

• Applications for any required regulatory approvals and licences
• Provision of resident directors
• Provision of registered offices
• Provision of registered agents (depending on entity type)

Accounting Services

We ensure that clients comply with the local financial reporting and tax filing requirements, including:

• Management accounts
• Audits
• Financial statements
• Financial filing

Tax Compliance Services

We ensure that our client entities comply with all tax filing requirements in Mauritius, including:

• Appointing a local tax agent, where applicable
• Assisting with tax calculations and online filing of quarterly and annual tax returns via Advance Payment System (APS)
• VAT registration and returns
• Calculating and filing returns for tax deduction at source
• Liaising with the Mauritius Revenue Authority

Payroll and HR

We accompany our clients through the various setup stages required in Mauritius, and also with ongoing processing and compliance. We can assist with:

• Registering entities as employers with the relevant local authorities
• Setting up payroll systems
• Employee onboarding Payroll processing
• Processing and payment of all regulatory deductions including PAYE and Government social security / pension fund
• Compliance with monthly and yearly filing requirements