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Compliance
Beneficial Ownership Register in Mauritius: Filing, Updates & Penalties
Every Mauritian company must declare its ultimate beneficial owners. Here's how the CBRD register works, what triggers an update, and the penalties for non-compliance.
Anexa Biz Aug 22, 2025 7 min read
Who is a beneficial owner?
A beneficial owner is any natural person who ultimately owns or controls, directly or indirectly, 25% or more of the shares or voting rights of a company — or who exercises control through other means.
Filing timeline
- Initial declaration filed with the Registrar on incorporation.
- Any change to UBOs must be filed within 14 days.
- Annual confirmation with the Annual Return.
- Register kept at the registered office at all times.
| Breach | Penalty |
|---|---|
| Failure to disclose UBO | Fine up to Rs 300,000 |
| False information | Imprisonment up to 2 years + fine |
| Failure to update | Rs 25,000 fine + Rs 200/day |
Frequently asked questions
Q. Is the beneficial ownership register public?
No. The register held by the Registrar is accessible to competent authorities and reporting institutions on a need-to-know basis, not to the general public.