Let’s roll up our sleeves.
Registration of a business or incorporation of a company in Mauritius
Businesses in Mauritius are registered under the Business Registration Act 2002. The process generally takes half a day ( Check with the Corporate and Business Registration Department because Pandemic Covid-19 may affect the processing time). The law applies to any person carrying out business in Mauritius and Rodrigues. The registration can be completed online (MNS systems) or by submitting the required documents at the office of the Registrar of Companies.
Hereunder is the guideline for information required to be ready for registration of a business or incorporation of a company in Mauritius.
- The business name (if any)
- The general nature of business and its location
- Proposed date of commencement of business
- Contact details of applicant/Director/ Shareholders/Secretary(if any)
Steps to Launch Your Own Business
The idea of what you held yesterday night can become a reality. This is the foundation of a business. An idea is essential because it holds the vision and the need for a product that your niche market is awaiting. Most ideas come from opportunities that the future business person has been analyzing, realizing, and surveying for a long time. The following day, you mustn’t drop the idea; instead, make tiny steps every day and find the right resources to make your dream a reality.
Making a Business Plan
The business plan here is not the one that some authorities ask to approve a particular facility for you. Here the business plan is tiny bites that can be put into action. Your business plan should have your idea, the product that you are willing to bring to market, and the problems you are solving for your consumers. Other crucial factors such as the features of your products, your cost, your price strategy, your vision, your marketing elements, and your personnel and your supplier ( Reference saidhem) will assist you in making the same possible.
Choosing the Right Location
To be an importer and distributor, the government of Mauritius does not burden businesses with many procedures. You need to find a proper place to allocate your office (managed safety for employees), a warehousing solution, and your distribution vehicles if you have delivery services. And the remaining workload is done on your online presence.
Registering the Business
To start giving shape from paper to reality now, you need to go through the site of registering your business with the Corporate and Business Registration Department. The business registration process in Mauritius is easy and gets completed in 4-5 steps without confusion. Fill out some forms, submit the required documents mentioned above, go for coffee, and get your business registered by paying the registration fee needed.
Financing the Project
Here things start to get stirred. Financing your project is always the most significant moment in business life because, without good financial support, the idea will be back to the dream corner. Most businesses start with bootstrapping systems; that is, they use their savings money because this is where they will gain full ownership of their enterprise, and it is true. While on the other hand have, some businesses that support financial loans should be dealt with intelligently as the bank interest may become a burden if their revenue does not meet their expectations.
Implementation of your business plan
Implementation is the core factor to make things skyrocket; in business life, we do not have the “ let go for tomorrow” because business is a puzzle, and the next member depends on the previous set-up. The best way to do great business is not to skip steps. Just keep the focus on what your plan guides you.
Your supplier should be a well-performing enterprise that guides you in making great products to win the market. Many suppliers sell goods and close deals without looking after how their products change the buyer’s business environment or the consumer’s satisfaction.
Saidhem works with 3900+ manufacturing plants in China to serve you with services that will lead your business. We provide your business with product inspection, safe buying, shipment, supplier audit, and after-sales support. The most efficient for businesses is the ability to buy less order quantity(LOQ).
Planning and Organizing a Business Activity
Sales/Marketing & Advertising
Many businesses keep making the same mistakes. They invest their full money in buying products and forget about the essential marketing strategy. Always remember your consumers still do not know you; they need to know you, and how to make such things happen is simply by a good marketing strategy. Having a great product in large quantities and at the best price with unique features will not make you sell without anybody knowing about it. Here a second plan is needed, the “Marketing Plan.” Gold will be sold at a steel price without a marketing plan.
Get in touch with us, we have 98% satisfied customers and 96% repeated orders from our esteem clients.
Are you ready to shake hands with Saidhem?
Contact us today and express yourself.