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

• 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:

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• 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

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Services

Ashton Financial Partners will assist in the application for the licence and provide ongoing administration and back-office services.

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ANY QUESTION?

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We are just a call away +(230) 460 0439 | +(230) 5 509 0439 or email us at contact@ashton-corporate.com