Filing Audited Accounts With the Financial Services Commission

Financial statements filing with the FSC in Mauritius is not a single obligation. What your company hands over, and to whom, depends on whether it holds a Global Business Licence (GBC), has been authorised as an Authorised Company, or is an ordinary domestic company that answers only to the Registrar of Companies.

This page explains the difference, the form each filing takes and the deadlines the legislation sets. It is general information. Whether a particular company falls in one category or another is a question for an adviser who has seen its constitution and ownership.

Who files financial statements with the FSC?

Two categories of company have a direct reporting line to the Financial Services Commission (FSC): the holder of a Global Business Licence and the Authorised Company. The Income Tax Act treats both as a "global business entity", but the Financial Services Act 2007 regulates them under different provisions.

• Global Business Corporation (GBC), governed by section 71 of the Financial Services Act 2007. It must be managed and controlled from Mauritius, carry out its core income-generating activities there, have two resident directors and be administered by an FSC-licensed corporate service provider (Management Licence).
• Authorised Company, governed by section 71A of the same Act. Its central management and control sit outside Mauritius, and it must keep a registered agent in Mauritius, who must be an FSC-licensed corporate service provider (Management Licence).

An ordinary private or public company without either status does not file accounts with the FSC. Its filings go to the Registrar, covered in the last section below. For the wider picture of recurring duties, see corporate compliance in Mauritius.

What each type of company must file

The form of the filing differs sharply between the two licensed categories.

The Authorised Company deadline comes directly from section 71A(10) of the Financial Services Act. For a GBC, the Act fixes where the books are kept and where the accounts are prepared and audited (section 71(3)(b)(iii) and (iv)); the precise submission requirements are set by the FSC, so confirm the current ones with your provider rather than relying on a rule of thumb.

A word on the financial summary

The Ninth Schedule summary is a condensed statement, not a full set of audited accounts. An Authorised Company that is part of a larger group may still need audited statements for other purposes, such as lenders or its parent. The FSC filing itself, however, is the summary.

How the process runs, step by step

In practice, the work for a licensed company usually runs through its provider. The sequence below shows who does what.

Deadlines you should diarise

The facts that carry a hard period are few, and it is better to know which ones they are than to memorise approximate dates.

• Authorised Company financial summary: at the latest 6 months after the financial year end (section 71A(10) FSA).
• Financial statements prepared: the Corporate and Business Registration Department (CBRD) states that statements must be drawn up within 6 months after the balance sheet date, and that a first financial year cannot exceed 18 months from incorporation.
• Annual fees to the FSC: for the 2026-27 renewal cycle the FSC moved the payment deadline to 30 September 2026. Payment goes through the FSC One platform, including by direct debit or from the deposit account of an FSC-licensed corporate service provider (Management Licence).

A company that changes its year end alters all these dates at once. The consequences are set out in changing a company's financial year end.

Fees are a separate stream

Annual fees and accounts filing are different obligations with different dates. The Financial Services (Consolidated Licensing and Fees) (Amendment) Rules 2026 (Government Notice No. 119 of 2026) took effect on 1 July 2026 and replaced the fee schedule, including for the GBC and the Authorised Company. In its communiqué of 10 July 2026, the FSC said processing fees had not changed since the 2008 rules and annual fees had not been reviewed since 2019. Pay attention to whether an invoice relates to a fee or to a reporting deadline.

Audit and the quality of the numbers

A GBC has to have its statutory financial statements audited in Mauritius. Choosing and appointing the auditor is a board decision, discussed in choosing and appointing an auditor, and the stages of the engagement are described in the audit process step by step. If you want to know whether a domestic company can skip the audit altogether, read audit exemption; that exemption logic does not carry over to a GBC.

For the accounts themselves, preparing annual financial statements covers content and sign-off, and IFRS for SMEs addresses the framework many private companies choose.

Pre-filing checklist

• Confirm the company's status: GBC, Authorised Company or domestic company
• Note the financial year end and compute the 6-month point
• Check that the books are held where the law requires (registered office in Mauritius for a GBC)
• Complete the accounts or the Ninth Schedule summary
• Arrange the audit if the company is a GBC
• Obtain board approval and signatures, with minutes
• Confirm the filing route with the licensed provider or registered agent
• Settle annual fees through FSC One separately
• Update the beneficial ownership register if anything changed

Records that must agree with each other

The FSC is one of several readers of your numbers. The accounts filed with it should be consistent with the beneficial ownership information on record. Every Mauritian company must at all times identify its beneficial owner and any nominee, and keep a separate register with the full name and residential address, national identity or passport number, nationality and the ownership structure leading to the ultimate beneficial owner (Companies Act 2001, section 91(3A)). See the beneficial ownership register for how that register is built.

Separately, section 29 of the Financial Services Act 2007 requires every licence holder to maintain a register of the beneficial owners of each of its clients, and each qualified trustee to keep a register of the trusts it administers, available to the FSC on request. That obligation sits with the provider, but it explains why your provider will ask you for ownership documents regularly.

The Registrar of Companies is a different filing

An ordinary company, and the GBC or Authorised Company in its capacity as a company, also has duties at the Registrar. Briefly: apart from small private companies, financial statements go to the Registrar within 28 days of signature, and the annual return within 28 days of the annual meeting. A small private company files a financial summary or its statements with the annual return. The detail belongs to a separate topic; for the deadlines of the whole year, see the compliance calendar and the annual compliance checklist.

What happens if you do not file

For the FSC, failure to meet reporting requirements is a supervisory matter for the licensed provider as much as for the company, and the consequences are determined case by case. At the Registrar, the position is more mechanical: a company can be struck off the register for failing to file its annual return or to comply with beneficial ownership filing (Companies Act, section 309(1)). The overview is in penalties for non-compliance. If you are unsure which route applies to you, contact us and your request will be passed to a licensed provider.