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Archive for the ‘global business’ Category

According to the financial services development act 2001, global business company is committed to qualified have done business globally. This company is based in mauritius and dealing with the people who are residing out of mauritius. Global business company deals in the where countries “they can conduct business in currencies other than mauritius rupees.

Well, this is the predefined structure for any body corporate, partnership, individual, society, trust or a limited liability partnership and various other high-profile business entreprises.

Any 1 global business licence company can locally or can be incorporated as a branch of enrolled any foreign company. Only few public or government such as those of holding companies in banking, managing funds, insurance companies and beneficiary of dtas (double taxation agreements), can be enrolled as a global business licence company.

Under the implementation of the financial services development act 2001 the gbl-1 companies are not authorized to reveal any information. The confidentialities are strictly maintained and ninth of the organizational and individual bodies can reveal documents any to any bodies including judiciary court, inquiry committees, tribunals and any other authorities mauritius unless they are and until ordered by a court of law with a petition from the director of public prosecution. Even the court of law is authorized to do so only in certain cases like tracking of illegal drugs, narcotics, unlicensed weapons, smuggling and illegal money laundering.