GBL Companies are governed by the Companies Act 2001 and are regulated by the Financial Services Commission (“FSC”) of Mauritius. GBL Companies are tax resident in Mauritius and may benefit from a Partial Tax Exemption of 80% bringing down the effective tax rate to 3%. They have access to various Double Taxation Avoidance Agreements and Investment Promotion and Protection Agreements signed between Mauritius and other jurisdictions.