Procedure
Apply via Agent
Apply In-Person:
- To Acquire Shares in Another Company in person, the applicant has to approach the Registrar Of Companies Division link
- Applicant can download the application form from this link
- The applicant has to make sure that the share transfer form is properly filled, and all the required documents are attached.
- The applicant must provide the necessary documents such as a copy of the Memorandum and Articles of Association of the company, a copy of the Certificate of Incorporation, a copy of the company’s Certificate of Registration and the company’s share certificate and they can be found under the “Required Document” section of this page.
- The applicant must submit the share transfer form and documents to the Registrar Of Companies Division.
- The applicant has to wait for the approval of the transfer form and documents from the Registrar of Companies Division.
- The applicant must sign the share transfer form and get it stamped by the Registrar Of Companies Division.
- Once the share transfer form and documents are approved, the applicant has to deposit the amount corresponding to the number of shares being acquired into the company’s bank account.
- A fee for this procedure has to be paid as per the authority’s request.
- The applicant has to collect the share certificate from the Registrar Of Companies Division.
- Then the applicant has to register the shares with the Registrar Of Companies Division.
- The processing time for acquiring shares in another company takes between 4 and 6 weeks.
Apply Online:
- Applicant should go to the website link
- Once on the website, click on the ‘Register’ tab on the top right hand corner.
- Applicant should then fill out the details on the registration form and submit it.
- Once the registration is successful, the applicant should log in to the portal and click on the ‘Investment’ tab.
- Applicant should select the ‘Acquire Shares in Another Company’ option and upload the required documents such as the application form and the required documents for the company.
- Applicant should submit the application form and the required documents for the company.
- The applicant will receive an email notification from the stock exchange confirming the application and the required documents.
- The applicant should then follow the instructions given in the email and submit the application online.
- Once the application is accepted, the applicant will receive a confirmation email and the shares will be transferred to the applicant's account.
Required Documents
- Company registration documents.
- Memorandum of Association
- Articles of Association
- Certificate of Incorporation
- Certificate of Good Standing
- Certificate of Registration with the Financial Services Commission
- Shareholders Agreement
- Share Certificate
- Share Transfer Deed
- Board Resolution authorizing the purchase of shares
- Certified true copies of the Identity Documents of all shareholders
- Bank Statements
- Due Diligence Report
- Audited Financial Statements of the company
- Stock Exchange Listing Agreement (if applicable)
Office Locations & Contacts
Registrar Of Companies Division
Corporate and Business Registration Department
Address: One Cathedrale Square Building,
Jules Koeing Street, Port Louis,
The Republic of Mauritius.
RGM4+V6 Port Louis, Mauritius
Tel No: + (230) 202-0600
Fax No: +(230) 212-4480
Email: comd@govmu.org
Location link
Contact link
Eligibility
- In Mauritius, any individual, company, or other legal entity may acquire shares in another company, provided they are legally compliant with the laws and regulations of the Mauritius Stock Exchange.
- To be eligible, a potential shareholder must be registered with the proper authorities and abide by the rules and regulations of the Stock Exchange.
- The potential shareholder must be in possession of a valid Mauritian identification document.
Fees
- A fee for this procedure has to be paid as per the authority’s request.
Validity
- Generally, there is no specific validity period for acquiring shares in another company.
Documents to Use
Sample Documents
Please attach sample completed documents that would help other people.
Processing Time
- The processing time for acquiring shares in another company takes between 4 and 6 weeks.
Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.
Instructions
- Determine the company’s share class and the number of shares they wish to buy.
- Contact a financial advisor for assistance in buying shares. They can help by providing advice on how to structure the purchase and how to get the best deal.
- Research the company's financial statements and past performance to determine if it is a good investment.
- Check the company’s stock exchange listing to determine the current share price and the number of shares available for purchase.
- Contact the company’s registrar and transfer agent to ascertain the procedures for buying shares in the company.
- Open an account with an approved broker to buy the shares.
- Place an order to buy the shares in the company.
- Make the payment for the shares.
- The shares will be issued and sent to the registered address of the investor.
Required Information
- Applicant's full name and address
- The name and address of the company in which shares are being acquired
- The name of the individual or entity transferring the shares
- The number of shares to be acquired
- The date of the transfer
- The amount of money paid or to be paid for the shares
- The terms and conditions of the transfer
- The source of funds used to purchase the shares
- Any additional documents required for the transfer (e.g. Certificate of Incorporation, Memorandum and Articles of Association, Certificate of Registration etc.)
- The signature of the applicant and the date of signature
Need for the Document
- Acquiring shares in another company in Mauritius can provide several benefits, such as access to an international market, a low corporate tax rate, and the potential to benefit from any appreciation in the value of the company’s shares.
- Additionally, investing in another company in Mauritius may provide a hedge against currency fluctuations, as well as access to a host of other advantages such as an attractive regulatory environment and a skilled workforce.
- Acquisitions can help companies expand their operations, increase their market share, diversify their portfolios, access new technology, and gain access to new customers and suppliers.
- Acquiring shares in another company can provide a company with access to new sources of capital, reduce costs, and strengthen its competitive position.
More information can be obtained link
Other uses of the Document/Certificate
Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.
External Links
Others
More information which might help people.