Organization : Mauritius Revenue Authority
Facility : FATCA Registration
Country : Mauritius
Website : https://eservices3.mra.mu/FATCA/fatca.html
Register Here : https://eservices3.mra.mu/FATCA/fatca_registration.jsp
FATCA Registration :
In order to register for FATCA reporting at MRA, the following information is required :
1. Tax Account number (TAN)
Related : PAYE Return Mauritius Revenue Authority : www.statusin.org/29187.html
In case you do not already have a TAN, To download the form to apply for a TAN.
2. Global Intermediary Identification Number (GIIN)
In case you do not already have a GIIN, please apply for a GIIN on the IRS website irs.gov. If you already have a TAN and a GIIN, Register for FATCA reporting at the MRA Using the Above mentioned link
Registration :
Please enter the below details,
1. Tax Account Number(TAN)*
2. Name of Financial Institution*
3. Global Intermediary Identification Number (GIIN)
4. Click on the Ok button.
Foreign Account Tax Compliance Act (FATCA) Frequently Asked Questions :
1. Registration :
1.1. Is there a deadline for registration with the MRA?
There is no deadline for registration; however, the deadline for FATCA reporting for 2015 is 31 August.
1.2. XYZ Management Services Ltd is a licensed Management Company and is a qualified trustee. It has two GIINs can you please advise if registration with the MRA should be done twice?
Yes.
1.3. A GIIN is required for FATCA registration on MRA website. How does the entity obtain the GIIN?
The entity must register with the IRS to obtain a GIIN. Upon receipt of the GIIN, registration can then be done on the MRA website.
1.4. If the message “Invalid or Inactive GIIN” appears upon registration, what needs to be done?
A mail should be sent to fatcacrsunit@mra.mu mentioning the following :
** the full name of the company
** the company’s TAN
** the company’s GIIN
** the screenshot of GIIN confirmation received from the IRS.
IRS has set up an International Data Exchange Service (IDES) for transmission of FATCA data. Please confirm whether registration on IDES is applicable for Mauritius FIs?
Under FATCA Model 1A agreement which Mauritius has signed with the US, MRA registers with the IDES system of IRS to transmit files to the IRS. FIs do not have to register with the IDES as they do not transmit files directly to IRS.
FIs will need to register with the MRA in order to use the MRA E services for submission of FATCA information.
About Us :
The Mauritius Revenue Authority (MRA) is a body corporate, set up to manage an effective and efficient revenue-raising system. It administers and collects taxes due in Mauritius within an integrated organisational structure.
The MRA is an agent of State and, as such, the Ministry of Finance and Economic Development continues to have overall responsibility for the organisation and monitors its performance.
The MRA is responsible for collecting approximately 90% of all tax revenues and for enforcing tax laws in Mauritius.
It manages and collects :
** Corporate Tax
** Personal Income Tax
** Tax Deduction at Source (TDS)
** Value-Added Tax (VAT)
** Customs Duties
** Excise Duties
** Gambling taxes
** Issue/Renewal of licences & Tax Residence Certificates (TRCs)
** Passenger Fees
** Passenger Solidarity Fees
** Special Levy on Banks
** Environment Protection Fees
** Corporate Social Responsibility (CSR) levies
** Special Levy on Telecommunications Companies
** Advertising Structure Fee