Work, Invest and Retire in Mauritius

EVERYTHING YOU NEED TO KNOW TO MOVE TO MAURITIUS


November 11, 2022

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How to find the Best Management Consultant company in Mauritius?

Finding the best management consultancy company in Mauritius is straightforward. Type in the keywords on Google, and you’ll find a list of web pages, such as Yelo.mu.com, to help you get started.

However, before you begin your search, it’s essential to consider why you’re here in the first place. That’s why we took the liberty to discuss why you need a business consultant.

What Can a Management Consultant Do for You? 

Business consultants play an important part in the growth of a company. While you can hire one at any point in your business development, consultants are particularly important when establishing an entity in Mauritius. Here’s what they can do for you.

Identifying Business Objectives

The success of any firm is a direct outcome of competent strategic goal-setting and planning. Identifying these goals can be critical for business owners in shaping the company’s future. Hiring a consultant can provide expert insight into determining goals.

Consultants have extensive knowledge and can advise you on the best action to take to launch your firm.

Helping with the Registration Process

The Financial Services Commission regulates all offshore businesses in Mauritius (FSC). Offshore business formation in Mauritius entails choosing a legal entity, choosing a company name, documenting, applying, and getting licensing. It can be laborious and stressful because it involves regular contact with local officials.

Therefore, hiring business consultancy services in Mauritius is practical and saves time.

Provide Financial Budgeting Assistance

Financial budgeting is an important component of how a firm operates. As the proprietor, you must properly calculate your operational costs and manage company resources. To keep a record of financial activities, it is also vital to channel gains, profits, and overall revenue.

To maintain firm records, a business consultant helps with financial budgeting and reporting.

What License Do They Need to Operate in Mauritius?

Mauritius is well recognized as an offshore location where forming an offshore corporation is simple. Most offshore enterprises provide financial services, so these businesses must seek licenses from the Financial Supervisory Commission.

The Global Business License is a business license that a Mauritius offshore company needs. It has two parts: The Category 1 Global Business (GBC1) License and the Category 2 Global Business (GBC2) License.

The GBC1 License is necessary for Mauritius for the following activities:

  • Wealth management and fund administration
  • Aircraft leasing and financing
  • Advisory services
  • Pension and insurance fund operations

You can use the same License for non-financial operations, such as:

  • IT support
  • Services Marketing
  • Logistics
  • Commerce, transportation, and ship management
  • Operational headquarters operations

Summary

Undoubtedly, you’ll need a business consultant in every stage of your business operations. Nonetheless, not all business consultants offer effective services. Dealing with an inexperienced consultant could create even more problems for your business.

On the other hand, working with expert consultants will guarantee success and peace of mind since they’ll tackle all the legwork, starting with obtaining your License.

How to find the Best Management Consultant company in Mauritius?

There are many ways to find the best management consultant company in Mauritius. You can ask your friends or colleagues for recommendations, search online, or contact different companies directly. Once you have a list of potential companies, you can compare their services and fees to find the best one for your needs.

Steven Author of gostartbusiness

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