• Mauritius Non-Resident Trust

  • Legal Framework

    The Mauritius Non-Resident Trust is governed by the Trust Act 2001.

  • Registration Requirements

    There is no requirement for the registration of the Mauritius Non-Resident Trust.

  • Settlor

    The Settlor should not be a permanent resident of the Mauritius.

  • Beneficiary

    The Beneficiary should not be a permanent resident of the Mauritius.

  • Trustee

    At least 1 trustee should be a local and licensed. Both individuals and corporate bodies are allowed to act as trustees.

    The maximum number of trustees is 4.

  • Protector

    The appointment of a Protector is optional.

  • Perpetuity Period

    The maximum duration of the Mauritius Non-Resident Trust is 99 years.

  • Property

    There is no restriction on the property of a Mauritius Non-Resident Trust.

  • Confidentiality

    As there are no registration requirements for a Mauritius Non-Resident Trust the details of the Settlor and Beneficiaries are not disclosed to any person other than the Trustee.

  • Taxation

    The Mauritius Non-Resident Trust is exempt from taxation.

    Distributions to foreign beneficiaries from a Mauritius Non-Resident Trust are not taxable in the Mauritius in the hands of the beneficiaries.

  • Asset protection

    The Mauritius Non-Resident Trust will not be void or voidable in the event of the Settlor's bankruptcy or liquidation thus achieving asset protection from creditors. However, the Trust may be set aside by its Creditors if it is proven within 2 years to the satisfaction of a Mauritius court that the trust was made by the Settlor with the intent to defraud its creditors.

  • Reporting Requirements

    There are no reporting requirements for a Mauritius Non-Resident Trust.