Global Treasury Activities
Activities
Global Treasury Activities (GTA) licences are issued to companies that provide 3 of the following services to at least 3 related corporations:
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Arrangement for credit facilities, including credit facilities with funds obtained from financial institutions in Mauritius or from surpluses of network companies
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Arrangement for derivatives
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Corporate finance advisory
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Credit administration and control
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Factoring, forfeiting and re-invoicing activities
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Guarantees, performance bonds, standby letters of credit and services relating to remittances
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Management of funds for designated investments
Tax Holiday
GTA licensees are eligible for a Tax Holiday of 5 years subject to meeting the following criteria:
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Substance requirements to be satisfied by the licensees;
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Employ four professionals with at least one managerial position and incur an annual expenditure of MUR 2 million.
Services
Ashton Financial Partners will assist in the application for the licence and provide ongoing administration and back-office services.
ANY QUESTION?
We are just a call away +(230) 460 0439 | +(230) 5 509 0439 or email us at contact@ashton-corporate.com
