Records that support substance
Bookkeeping, Accounting & Audit in Mauritius
For a Global Business Company the accounts do more than report. They evidence that the company is genuinely run from Mauritius.
GCC business setup specialists
The accounts are part of the substance case
A Global Business Company files audited financial statements with the FSC and must demonstrate that its core activities are carried out in Mauritius. Records showing where expenditure, employment and decisions actually occurred are part of that evidence.
- Records kept to support the substance position
- Audit co-ordinated where required
- Filings to both Registrar and FSC handled
20+
Mainland, free zone and offshore jurisdictions we file in — so the recommendation is based on your activity, not on which authority we happen to be registered with.
7,000+
Companies successfully established.
Black Swan Business Setup Services•Black Swan Business Setup Services•Black Swan Business Setup Services
What we run
The Mauritius compliance cycle
What applies depends on your regime.
| Work | What it involves | Rhythm |
|---|---|---|
| Bookkeeping | Transactions posted, reconciled and supported | Monthly or quarterly |
| Management reporting | Profit and loss and balance sheet | Periodic |
| Financial statements | Prepared to applicable reporting standards | Annual |
| Audit | Required for a Global Business Company | Annual |
| Filing with the FSC | Audited statements where a GBC | Annual |
| Tax return | Filed with the Mauritius Revenue Authority | Annual |
Reporting standards, audit and filing requirements differ by regime and change. A Global Business Company must be administered by a management company licensed by the Financial Services Commission, and an Authorised Company must have a licensed registered agent. That is a statutory requirement in Mauritius, not a commercial preference. We co-ordinate your engagement with a licensed Mauritian management company and manage the process end to end; the regulated filings are made by them.
How it works
Getting the books in order
Substance evidence is built as you go, not reconstructed.
01
Position and obligations
What exists, your regime, financial year end and which filings apply to you.
02
Maintain records
Bookkeeping kept with the supporting documents an auditor and the regulator will expect, including evidence of local expenditure and decisions.
03
Statements, audit, filings
Financial statements prepared, audit co-ordinated where required, and filings made to the Registrar, FSC and MRA.
- Certificate of incorporation and licence
- Constitution
- Financial year end
- Bank statements for all accounts
- Sales and purchase invoices
- Existing accounting records
- Prior-year audited statements
- Board minutes and resolutions
- Evidence of local expenditure
- Employment and payroll records
- Lease and service agreements
- Related-party transaction details
Scope
What is included, and what is not
Stated plainly, so nothing is added once the engagement starts.
Included in the service fee
- Bookkeeping and reconciliation
- Chart of accounts built for your activity
- Management reporting
- Financial statements prepared
- Audit co-ordination where required
- Filings to the Registrar and FSC
- Tax return preparation
- Records maintained to support substance
Not included, quoted separately
- The statutory audit fee itself
- Registrar, FSC and MRA fees, paid at cost
- Management company annual fees
- Accounting software licences
- Backlog beyond the agreed opening position
- Tax advisory opinions
- Representation in an MRA enquiry
- Filings outside Mauritius
Verify independently
Official Mauritian authorities
We file directly with these bodies on your behalf.
Corporate and Business Registration DepartmentFinancial Services CommissionMauritius Revenue AuthorityEconomic Development BoardRegistrar of CompaniesIndustrial Property Office
Questions
Mauritius accounting — FAQs
Does my company need an audit?
A Global Business Company does. Other structures depend on size and type, and we confirm your position rather than assuming.
Who files with the FSC?
Audited financial statements are filed with the FSC for a Global Business Company. The licensed management company makes the regulated filings.
Why do records matter for substance?
Because the substance test looks at where activities actually occur. Records showing local expenditure, employment and decision-making are part of the evidence.
Can you take over messy records?
Yes. We establish an opening position and bring the backlog current. Clean-up is scoped separately.
What standards apply?
Mauritius companies report under applicable international standards, with the detail depending on the entity. We confirm rather than defaulting to the heaviest framework.
Careers
Apply for a role
Tell us which role you are applying for and what you have done that is relevant. If you have UAE or GCC experience, say which jurisdictions and authorities you have worked with.
Connect with us
Request a setup assessment
For founders and business decision-makers considering paid business services. Not for job applications, employment searches or personal visa-only requests.
Talk to a consultant
At Black Swan Business Setup Services, our mission is simple: to empower entrepreneurs and companies of all sizes to establish and expand their presence in the UAE, Oman, Saudi Arabia, Bahrain, and beyond.
© 2026 Black Swan Business Setup Services. All rights reserved.