FSC Circular re. Control and Management of Conduct of Business for a GBC1

We refer to our News-Flash issued on 6th September 2013, pursuant to the Circular issued by the Financial Services Commission and relating to the amendments to Section 3 of Chapter 4 of the “Guide to Global Business on Control and Management of Conduct of Business for a GBC1”.

These amendments require a company holding a Category 1 Global Business Licence (GBC1) to have presence, which can be reasonably expected from a company managed and controlled in Mauritius.

We wish to remind our clients that GBC1s will have to comply with at least one of the laid-out requirements by 1st January 2015.

We, at Cim Global Business, will be pleased to assist you regarding the rental of office premises and/or recruitment of staff in Mauritius. We provide fully furnished offices, together with a comprehensive range of ancillary services, including:

  • Tax compliance and Legal services;
  • Recruitment, Training and Payroll services;
  • Expat. related services (including application for Occupation and Residence Permits)
  • Procurement of high tech office equipment and other IT services; as well as
  • Access to our Disaster Recovery Centre.

Please do feel free to contact your Senior/Relationship Manager, should you need any clarification or wish to further discuss the above.