FSC Mauritius prescribes substance & employment criteria for availing global-HQ tax company incentives
Financial Services Commission (‘FSC’), Mauritius issues circular laying down employment and substance requirements to be satisfied by new licensees for availing tax incentives; Specifies criteria with respect to minimum number of employees resident in Mauritius, minimum annual operating expenditure in Mauritius/assets under management for various categories of licensees, viz: a) Global Headquarters Administration (b) Global Treasury Activi...
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