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problem1. Briefly describe the procedures needed for the setting up of the Global Business Company Category 1 (GBC 1).

problem2. In relation to a Global Business Company Category 1 (GBC 1), how would you describe the term “conducting business outside Mauritius?

problem3. What type of business might be conducted by the Global Business Company 1 (GBC 1)?

problem4. List out the tax incentives for Global Business Companies 1 (GBC1)?

problem5. Describe clearly how the VAT system works.

problem6. Make a distinction between exemption and zero-rating for VAT purposes.

problem7. prepare down four exs of the transactions normally:

(i) Zero-rated

(ii) Exempt from VAT

problem8. prepare down the four exs of transactions outside scope of VAT.

Business Law & Ethics, Finance

  • Category:- Business Law & Ethics
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