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:

  • 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

Tax Holiday

 

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 at the 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

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