Global Treasury Activities
Global Treasury Activities (GTA) licences are issued to companies that provide 3 of the following services to at least 3 related corporations:
Arrangement for credit facilities, including credit facilities with funds obtained from financial institutions in Mauritius or from surpluses of network companies
Arrangement for derivatives
Corporate finance advisory
Credit administration and control
Factoring, forfeiting and re-invoicing activities
Guarantees, performance bonds, standby letters of credit and services relating to remittances
Management of funds for designated investments
GTA licensees are eligible for a Tax Holiday of 5 years subject to meeting the following criteria:
Substance requirements to be satisfied by the licensees;
Employ four professionals with at least one managerial position and incur an annual expenditure of MUR 2 million.
Ashton Financial Partners will assist in the application for the licence and provide ongoing administration and back-office services.
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