Services

Mauritius Business Start-up & Support

Company Formation & Business Start-up Package

If you are in a start-up situation, the first item that comes to your mind is a budget to start your business. Most entrepreneurs, businessman, professionals who are in a start-up situation concentrate their efforts in deriving income based on either their knowledge base or skill base. However there is one element which normally is not accounted for while this thinking process takes birth: that of the cost and budget for an entity to start the business.

OCRA Mauritius can assist you in facilitating, at a minimal cost and value for money solution by setting up your initial business needs in terms of an entity. You need not worry about the statutory requirements, legal requirements of setting up the business, any additional fiscal burdens that may interpose your success in your state of residence on the structure, and accounting requirements.

Analyst have shown that the cost for setting up and maintaining an entity has an annual cost averaging between USD 10,000 to USD 20,000 depending on the country of residence. This includes the provision of legal advice on setting up the structure, company secretarial assistance in setting up the structure, the cost of the registered office and tax agent for tax filings and other statutory filings and accounting cost in maintaining the books of account for filing purposes with the authorities – not to mention the possible high rate of tax that you would pay should your business fly off the wheel.

In a nutshell, for those in a start-up situation or growth, we can assist you with a complete start-up package to get your business up and running in no time and with minimal annual maintenance cost. These services can extend to administration, back office operations, virtual office solutions, banking assistance, accounting and ancillary services such as Trademark & IP work.

From a selection of possible jurisdictions, we can assist you in setting up your entity in a tax free environment and no burden of much administrative hassles.

Our start up business solution starts at a minimum cost of USD 300 per month and includes:

  • Application and reservation of company name
  • Incorporation of the company
  • Constitution (M&A) for the company
  • Assisting in the filling of the statutory forms (Consent forms)
  • Liaising with a lawyer for the provision of a legal certificate as required for incorporation
  • Liaising with the local registrar and relevant authorities
  • Preparation of the first minutes of meetings
  • Preparing the Register of Members, Directors and Secretaries
  • Issue of shares and production of share certificates
  • Structuring the company as per your requirements
  • Preparing the statutory file
  • Preparation of a Company Seal/Stamp
  • Preparation of the Corporate Pack
  • Initial Government Licence Fee payable on incorporation
  • Initial Government Return Fee payable on incorporation
  • Provision of a Registered Office Address to the company for one year
  • Provision of a Registered Agent in the jurisdiction of Incorporation
  • Provision of a Company Secretary, if required
  • Effect all statutory filings on incorporation
  • Maintain and update the Register of Members, Directors and Secretaries
  • Maintain the minutes book of the company
  • Maintain and update all due diligence documents for the officers of the company
  • Maintain the books of accounts of the company (if accounting services opted)
  • Disbursements with regards to courier charges, telephone, fax and email correspondence for matters arising during the year
  • Liaising with the relevant authorities for the payment of annual license fees to keep the company in good standing
  • Opening of a corporate bank account for your company

How to proceed

We would welcome the opportunity to assist you with more information:

Contact us for a FREE consultation if you would like to discuss your requirements with one of our consultants in person.
Alternatively, complete our Online Questionnaire and a consultant will contact you directly.
For professional intermediaries and repeat orders, download the relevant Application Form and return by fax or email.

OCRA Worldwide announces strategic merger with Acclime

17th November 2022, Hong Kong - OCRA Worldwide (OCRA), announces today that it has completed the strategic merger with Asia Pacific’s premier corporate services provider Acclime (www.acclime.com). This is the latest step in Acclime’s active expansion as the Asia specialist in compliance and corporate services throughout the region.

Established in 1975 and led by Bart Dekker and Dharmesh Naik, OCRA is one of the industry pioneers in the corporate services sector with a full suite of corporate services from company formation, company secretarial support, accounting, and HR services. Over the past 40 years, OCRA has become a truly global business by providing very personalised services to their clients, most of whom are private investors or companies investing abroad.

From its founding base in Europe, OCRA has morphed over the past decade to focus on the faster growing markets of Asia and the Indian Ocean, and currently has teams in Hong Kong, Shanghai, Singapore, Mauritius and the Seychelles with around 80 staff. Additionally, OCRA is licensed in Samoa and the UAE to provide incorporation services to clients and referral partners.

"The high quality of the team, the interesting gateway jurisdictions of Mauritius and UAE which are important investment hubs for Africa and India, and the synergy of offering OCRA clients more services and Asian locations for expanding their business were the strategic logic for Acclime's interest in acquiring OCRA," said Martin Crawford, CEO and Co-Founder of Acclime. "We look forward to introducing OCRA’s corporate clients to our regional experts in China, Hong Kong, Australia, Cambodia, Indonesia, Malaysia, Thailand, India, Philippines, Singapore and Vietnam," he added.

The sale of the business was managed by the corporate advisory team of Mazars in London (Paul Joyce & Fred Dearden), acting for the ultimate shareholder of OCRA, and was opened for bids. "Acclime was chosen as the preferred bidder as the team recognised the cultural similarities, with high quality, personalised services at the core," said Bart Dekker, OCRA’s Managing Director, Asia Pacific. Dharmesh Naik, OCRA's Managing Director, Middle East and Indian Ocean, added, "We are excited and delighted to become an integral part of a large international team with the established resources across Acclime's network, and to execute the transaction in line with OCRA's long term succession plan in the interest of all of our stakeholders."

OCRA will operate as an independent business unit within Acclime, supported by funding, IT and marketing initiatives that will grow the business further. Bart Dekker and Dharmesh Naik will remain running the business post-acquisition.

The transaction is subjected to regulatory approvals in several locations and Acclime is expected to complete the acquisition by the end of 2022.

About OCRA
Established in 1975, OCRA is one of the industry pioneers in the corporate services sector with a full suite of corporate services from company formation, company secretarial support, accounting and HR services. For over 40 years, OCRA has been providing personalised services to its clients, most of whom are private investors or companies investing abroad.

About Acclime
Acclime, the premier corporate services provider in Asia, helps corporate and private clients to advance their businesses and interests in difficult-to-navigate markets in emerging Asia. The company’s vision is to reinvent the corporate services sector with innovative solutions that are seamlessly delivered to the highest global standards.

Enquiries: enquiries@ocra.com