Kamal Hawabhay

Mauritius offers opportunities to foreign individuals and businesses alike which are significant enough to make Mauritius their jurisdiction of choice! One of its main attributes is that it is a diverse and multicultural nation of only 1.3 million people at the crossroads between Asia and Africa and it offers a wide range of investment opportunities in different sectors. Its ease of doing business ranking and stable governance creates the perfect business climate possible.

Premier Corporate Services Limited (PCSL) is a business advisory company, in Mauritius, which assist businesses and professionals from across the globe who wish to relocate to Mauritius to set up their businesses here or who wish to do business through Mauritius.

PCSL acts as a one-stop-shop and takes care of the process and procedures to enable you to take care of your business! The services that PCSL provides include:

1. Formation of a new domestic company in Mauritius and its administration
2. Assistance through our affiliated company, a Management Company regulated by the Financial Services Commission, towards setting up of Global Business Companies, Authorised Companies, Funds, Trusts and full-fledged administrator services.
3. Assistance with Purchasing real estate for workspace and residence
4. Relocation services
5. Handle all the legal documentation and procedures
6. Corporate secretarial services
7. Assistance towards recruitment of skilled professionals
8. Accounting & tax services
9. Bank account opening services and liaison with banks for other services
10. Facilitation & referral to appropriate & reliable consultants such as IT services providers to assess your IT needs and provide tailor made solutions
11. Facilitation & referral to appropriate & reliable legal advisors, where appropriate

Our affiliated Management Company is a Mauritius based offshore fund administrator, registered agent, trust and Global Business financial services provider licensed by the Financial Services Commission in Mauritius. It delivers the following professional services tailored to suit the needs of High Net Worth Individuals, foreign corporates and institutional investors:

1. Fund administration solutions to Mauritius based global funds and foreign based funds which include fund accounting, middle office, investor reporting services and fund formation services; and
2. International and Mauritius tax planning services, company formation, the settlement of business trusts, accounting services in terms of IFRS, company secretarial services and corporate trusteeship.

Mauritius is strategically situated next to the emerging markets of Asia and Africa and accounts for over 40% FDI flows to India. It has strong expertise in structuring of India inbound and outbound investments & businesses. Mauritius is fast emerging as the de facto jurisdiction to domicile Africa funds and to hold foreign direct investments bound for Africa and outbound as well. It is well equipped to assist you in meeting your Africa objectives.

PCSL, through its tie up with a Berlin, Germany based financial advisory firm can now assist with corporate financial cross-border advisory for medium to large corporates including mid-market multinationals. Objectives of our clients are generally to raise capital, both debt and equity, to finance their cross border expansion, to acquire immovable property in major jurisdictions or to finance the acquisition of plant & equipment at competitive rates, among others. Typical service offerings include Merger & Acquisition, Debt & Equity Advisory & Corporate Finance.

We assist clients to leverage off their balance sheets by professionally presenting their case & negotiating with potential institutions on their behalf. Our ability to execute is driven by proximity to multiple regional and international sources of capital such as DFIs, regional banks, family offices and funds.

Ticket sizes vary from USD1mio (or less in certain limited cases) to USD100mio and more.  We are sector agnostic and indicatively are active in the following segment & sectors:

• Restructuring Bank Loans
• Real Estate
• Hospitality
• Export Credit financing
• Equity Deals & Large Funds
• Clean Energy
• Health space
• Mining

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Kamal Hawabhay, CA (SA), TEP, F.MIoD, ADINT.Tax(TJI, USA), is the Director of PCSL . He is a Chartered Accountant (South Africa), holds a Bachelor of Commerce and a post graduate diploma in advanced accountancy, taxation and audit. Kamal also holds an Advanced Diploma in International Taxation from the Thomas Jefferson Institute of San Diego, USA which was awarded to him in early 2015. He has over 16 years’ post qualification experience in the professional accounting and global business industry. He is ex-KPMG (Durban) and has held senior management position with leading offshore management companies.

Kamal was the President, for the last six years, of the Association of Management and Trust Companies (ATMC) in Mauritius, the representative apex body of the private sector global business industry. He is also a recent past executive committee member of the International Fiscal Association (Mauritius). He is a Fellow of the Mauritius Institute of Directors, a full member of the Society of Estate and Trust Practitioners of the United Kingdom, of the International Fiscal Association, past board member and member of the Mauritius Institute of Professional Accountants, the Mauritius regulatory body for professional accountants.

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