A Mauritius company for trade between China and Africa
The challenge
The client buys electronics and components from manufacturers in China and sells them to wholesale buyers in Africa. He needed a separate company for international contracts and supplier payments: 100% foreign ownership, management without a local director and a bank account outside Mauritius.
What we did
We registered the AC and prepared a description of the trading activity and the corporate documents. Registration went smoothly, but the account took longer: the bank wanted to understand who supplies, who buys and why payments run through a Mauritius company. We prepared explanations and deal documents, and the application was approved.
The result
Registration went through without any trouble. The account did take a while, of course. The bank spent a long time looking into our supply chain, even though for us it is just how we normally work. Thanks for helping with all those questions. We got the account in the end and everything is fine now.