The Mauritius Global Treasury (GTA) Activities Licence enables multinational enterprises (MNEs) to set up or relocate their regional treasury management functions to Mauritius.
The GTA Licence opens many doors for MNEs. It allows them to relocate their regional treasury management functions to a jurisdiction that ranks first amongst the African countries – and 13th out of 190 countries worldwide – in the World Bank’s ‘Ease of Doing Business 2020’ index.
Common uses of a GTA licence
Companies holding a GTA Licence are expected to provide at least three treasury services to three or more related companies, including (but not limited to) the following:
- Arrangements for credit facilities, including credit facilities with funds obtained from financial institutions in Mauritius or from surpluses of network companies.
- Arrangements 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
