{"id":1649,"date":"2019-09-30T16:17:22","date_gmt":"2019-09-30T12:17:22","guid":{"rendered":"https:\/\/www.archglobalconsult.com\/new\/?page_id=1649"},"modified":"2020-05-26T19:14:41","modified_gmt":"2020-05-26T15:14:41","slug":"global-business-licence","status":"publish","type":"page","link":"https:\/\/www.archglobalconsult.com\/global-business\/global-business-licence\/","title":{"rendered":"Global Business Licence (GBL)"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1649\" class=\"elementor elementor-1649\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2c9c560 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2c9c560\" data-element_type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[{&quot;jet_parallax_layout_image&quot;:{&quot;url&quot;:&quot;&quot;,&quot;id&quot;:&quot;&quot;,&quot;size&quot;:&quot;&quot;},&quot;_id&quot;:&quot;aa9e6e9&quot;,&quot;jet_parallax_layout_speed&quot;:{&quot;unit&quot;:&quot;%&quot;,&quot;size&quot;:50,&quot;sizes&quot;:[]},&quot;jet_parallax_layout_type&quot;:&quot;scroll&quot;,&quot;jet_parallax_layout_z_index&quot;:&quot;&quot;,&quot;jet_parallax_layout_bg_x&quot;:50,&quot;jet_parallax_layout_bg_y&quot;:50,&quot;jet_parallax_layout_bg_size&quot;:&quot;auto&quot;,&quot;jet_parallax_layout_animation_prop&quot;:&quot;transform&quot;,&quot;jet_parallax_layout_on&quot;:[&quot;desktop&quot;,&quot;tablet&quot;],&quot;jet_parallax_layout_image_tablet&quot;:{&quot;url&quot;:&quot;&quot;,&quot;id&quot;:&quot;&quot;,&quot;size&quot;:&quot;&quot;},&quot;jet_parallax_layout_image_mobile&quot;:{&quot;url&quot;:&quot;&quot;,&quot;id&quot;:&quot;&quot;,&quot;size&quot;:&quot;&quot;},&quot;jet_parallax_layout_direction&quot;:&quot;1&quot;,&quot;jet_parallax_layout_fx_direction&quot;:null,&quot;jet_parallax_layout_bg_x_tablet&quot;:&quot;&quot;,&quot;jet_parallax_layout_bg_x_mobile&quot;:&quot;&quot;,&quot;jet_parallax_layout_bg_y_tablet&quot;:&quot;&quot;,&quot;jet_parallax_layout_bg_y_mobile&quot;:&quot;&quot;,&quot;jet_parallax_layout_bg_size_tablet&quot;:&quot;&quot;,&quot;jet_parallax_layout_bg_size_mobile&quot;:&quot;&quot;}]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-e199431\" data-id=\"e199431\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f8e3c6b elementor-widget elementor-widget-heading\" data-id=\"f8e3c6b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Global Business Licence (GBL)<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a907e5c elementor-widget elementor-widget-text-editor\" data-id=\"a907e5c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>A Global Business Licence (GBL) is a tax resident company which benefits from the network of DTAAs which Mauritius has with various countries. A GBL can be structured as a Collective Investment Scheme (&#8220;CIS&#8221;), Closed-End Fund, Fund Manager, Investment Adviser, Protected Cell Company or investment holding entity. In addition, a Trust, Foundation or Limited Partnership may seek a GBL licence.A Global Business Licence is issued in Mauritius where the majority of shares or voting rights are held by a person who is not a citizen of Mauritius and the GBL conducts business outside Mauritius.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-33326b7 elementor-widget elementor-widget-image\" data-id=\"33326b7\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"665\" src=\"https:\/\/www.archglobalconsult.com\/wp-content\/uploads\/2019\/09\/gb-1024x665.jpg\" class=\"attachment-large size-large wp-image-1679\" alt=\"Global Business\" srcset=\"https:\/\/www.archglobalconsult.com\/wp-content\/uploads\/2019\/09\/gb.jpg 1024w, https:\/\/www.archglobalconsult.com\/wp-content\/uploads\/2019\/09\/gb-300x195.jpg 300w, https:\/\/www.archglobalconsult.com\/wp-content\/uploads\/2019\/09\/gb-768x499.jpg 768w, https:\/\/www.archglobalconsult.com\/wp-content\/uploads\/2019\/09\/gb-600x390.jpg 600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-13b4c7c elementor-widget elementor-widget-text-editor\" data-id=\"13b4c7c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>A GBL benefits from a Partial Exemption Regime (income tax exemption of 80%),applied to certain types of income provided that substance requirement criteria are met.<\/p><p>It is also important for the GBL to demonstrate management and control in Mauritius in order to satisfy substance requirements, which are as follows:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d28072c elementor-widget elementor-widget-text-editor\" data-id=\"d28072c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ol><li>Be managed and controlled from Mauritius.<\/li><li>Be administered by a Management Company.<\/li><li>Carry out its core income generating activities in, or from, Mauritius, as required under the Income Tax Act \u2013<br \/>(A) employing, either directly or indirectly, a reasonable number of suitably qualified persons to carry out the<br \/>core activities; and<br \/>(B) having a minimum level of expenditure, which is proportionate to its level of activities;<\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"jet-sticky-column elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-6366499\" data-jet-settings=\"{&quot;id&quot;:&quot;6366499&quot;,&quot;sticky&quot;:true,&quot;topSpacing&quot;:81,&quot;bottomSpacing&quot;:50,&quot;stickyOn&quot;:[&quot;desktop&quot;,&quot;tablet&quot;],&quot;behavior&quot;:&quot;default&quot;,&quot;zIndex&quot;:1100}\" data-id=\"6366499\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-eeb92af jet-nav-align-flex-start elementor-widget elementor-widget-jet-nav-menu\" data-id=\"eeb92af\" data-element_type=\"widget\" data-widget_type=\"jet-nav-menu.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<nav class=\"jet-nav-wrap m-layout-mobile\"><div class=\"menu-global-business-container\"><div class=\"jet-nav m-layout-mobile jet-nav--vertical jet-nav--vertical-sub-right-side\"><div class=\"menu-item menu-item-type-post_type menu-item-object-page jet-nav__item-1729 jet-nav__item\"><a href=\"https:\/\/www.archglobalconsult.com\/global-business\/\" class=\"menu-item-link menu-item-link-depth-0 menu-item-link-top\"><span class=\"jet-nav-link-text\">Global Business Overview<\/span><\/a><\/div>\n<div class=\"menu-item menu-item-type-post_type menu-item-object-page jet-nav__item-1656 jet-nav__item\"><a href=\"https:\/\/www.archglobalconsult.com\/global-business\/global-business-licence\/\" class=\"menu-item-link menu-item-link-depth-0 menu-item-link-top\"><span class=\"jet-nav-link-text\">Global Business Licence (GBL)<\/span><\/a><\/div>\n<div class=\"menu-item menu-item-type-post_type menu-item-object-page jet-nav__item-1696 jet-nav__item\"><a href=\"https:\/\/www.archglobalconsult.com\/global-business\/authorised-company\/\" class=\"menu-item-link menu-item-link-depth-0 menu-item-link-top\"><span class=\"jet-nav-link-text\">Authorised Company<\/span><\/a><\/div>\n<div class=\"menu-item menu-item-type-post_type menu-item-object-page jet-nav__item-1711 jet-nav__item\"><a href=\"https:\/\/www.archglobalconsult.com\/global-business\/global-funds\/\" class=\"menu-item-link menu-item-link-depth-0 menu-item-link-top\"><span class=\"jet-nav-link-text\">Global Funds<\/span><\/a><\/div>\n<div class=\"menu-item menu-item-type-post_type menu-item-object-page jet-nav__item-1728 jet-nav__item\"><a href=\"https:\/\/www.archglobalconsult.com\/global-business\/trusts-and-foundations\/\" class=\"menu-item-link menu-item-link-depth-0 menu-item-link-top\"><span class=\"jet-nav-link-text\">Trusts and Foundations<\/span><\/a><\/div>\n<div class=\"menu-item menu-item-type-post_type menu-item-object-page jet-nav__item-1629 jet-nav__item\"><a href=\"https:\/\/www.archglobalconsult.com\/global-business\/other-structures\/\" class=\"menu-item-link menu-item-link-depth-0 menu-item-link-top\"><span class=\"jet-nav-link-text\">Other Structures<\/span><\/a><\/div>\n<\/div><\/div><\/nav>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Global Business Licence (GBL) A Global Business Licence (GBL) is a tax resident company which benefits from the network of DTAAs which Mauritius has with various countries. A GBL can be structured as a Collective Investment Scheme (&#8220;CIS&#8221;), Closed-End Fund, Fund Manager, Investment Adviser, Protected Cell Company or investment holding entity. In addition, a Trust, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":1505,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-templates\/fullwidth-content.php","meta":{"footnotes":""},"class_list":["post-1649","page","type-page","status-publish","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.archglobalconsult.com\/wp-json\/wp\/v2\/pages\/1649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.archglobalconsult.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.archglobalconsult.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.archglobalconsult.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.archglobalconsult.com\/wp-json\/wp\/v2\/comments?post=1649"}],"version-history":[{"count":23,"href":"https:\/\/www.archglobalconsult.com\/wp-json\/wp\/v2\/pages\/1649\/revisions"}],"predecessor-version":[{"id":2025,"href":"https:\/\/www.archglobalconsult.com\/wp-json\/wp\/v2\/pages\/1649\/revisions\/2025"}],"up":[{"embeddable":true,"href":"https:\/\/www.archglobalconsult.com\/wp-json\/wp\/v2\/pages\/1505"}],"wp:attachment":[{"href":"https:\/\/www.archglobalconsult.com\/wp-json\/wp\/v2\/media?parent=1649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}