JTC Granted Mauritius License
by Mike Godfrey, Lowtax.net, Washington
16 February, 2015
The Mauritius Financial Services Commission has granted JTC a license to form global business companies and to offer fund services and private client services.
JTC cited Mauritius's proximity to Africa, its modern legislative regime, and its extensive range of double tax agreements as the motivation for the expansion, which will enable it to do business more effectively with Africa and India.
Philip Burgin, Group Head of Client Services, said: "Obtaining this license and investing into Mauritius reinforces our commitment to providing our clients and investors with a truly international service. Many of our clients are based in Africa and have shown a keen interest in Mauritius as a service center. We are now able to fully meet their requirements. Mauritius is an exciting and necessary addition to our global footprint."
JTC employs 300 staff worldwide and provides accountancy, corporate, fund, and private client services from its offices in Argentina, Brazil, British Virgin Islands, Cayman Islands, Guernsey, Jersey, Luxembourg, Mauritius, New Zealand, Switzerland, and the UK, as well as from representative offices in Miami and New York, and alliance offices in Hong Kong, Labuan, Malaysia, Malta, and Singapore.
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