Corporate Structure

FROM SA TO GLOBAL

A structured transition from South African sole proprietorship to an international holding company, designed to protect IP and attract global investment.

CURRENT STATE

B2BS.co.za (South Africa)
Craig Leppan — Sole Proprietor
Operates: 2nth.ai, 2nth.io, imbila.ai
IP: All code, skills, agent prompts, brand assets
Revenue: ZAR token sales via Paystack
Jurisdiction: South Africa

All intellectual property — including 300+ AI skills, 16 domain agents, platform code, and brand assets — is currently held within a South African sole proprietorship. This structure served the bootstrapping phase but limits international investment and IP protection.

TARGET STATE

Imbila Holdings Ltd (Mauritius GBC)
IP Owner — all 2nth IP licensed from here
Currency: USD for international investors
Investor equity held at this level
Category 1 Global Business Licence
└── B2BS.co.za (South Africa) — Operating Entity
Craig Leppan — Director
Operates: 2nth.ai, 2nth.io
Pays IP licence fee to Mauritius HoldCo
Revenue: ZAR token sales, managed hosting
Employees and contractors (future)
└── 2nth.org — Investor Relations
Transparency portal for equity holders
IP metrics, data room, cap table
Reports to Mauritius HoldCo

WHY MAURITIUS

01

Double Taxation Avoidance

Mauritius has a DTA with South Africa. Withholding tax on royalties (IP licence fees) is reduced from 15% to 0% under certain treaty provisions.

02

IP Holding Regime

Category 1 GBC entities benefit from a partial exemption system. Effective tax rate on foreign-sourced income can be as low as 3%.

03

International Currency

Investor equity denominated in USD. Insulates international investors from ZAR volatility. Dividends and distributions in hard currency.

04

International Credibility

Mauritius is a recognised international financial centre with OECD-compliant regulations. It signals to investors that the corporate structure is professional and well-governed.

05

Africa Gateway

Mauritius has DTAs with 20+ African countries. As 2nth expands across the continent, the holding structure provides tax-efficient operations in multiple jurisdictions.

IP LICENSING MODEL

Mauritius HoldCo Owns:
  • • All 2nth source code and repositories
  • • AI skill library (300+ skills)
  • • Agent system prompts and training data
  • • Brand assets (2nth.ai, 2nth.io, imbila.ai)
  • • Domain names and trademarks
  • • Platform architecture and documentation
SA OpCo Licences:
  • • Right to operate platforms commercially
  • • Right to sub-licence to partners
  • • Pays arm's-length royalty to HoldCo
  • • Retains operating profit after royalty
  • • Handles local employment and compliance
  • • Transfer pricing documented per OECD guidelines

TIMELINE

Q2 2026

Engage Mauritius Management Company

Select licensed management company. Begin GBC application process.

Q3 2026

GBC Licence Granted

Entity incorporated. Bank accounts opened. IP transfer agreement drafted.

Q4 2026

IP Transfer & Licence Agreement

IP assigned to Mauritius entity. Licence agreement with SA OpCo executed. Transfer pricing documentation completed.

Q1 2027

Investment Ready

Structure operational. Cap table prepared. USD-denominated equity available for international investors.

PROFESSIONAL ADVISORS REQUIRED

Mauritius
  • • Licensed management company
  • • Corporate secretary
  • • Mauritius tax advisor
South Africa
  • • Transfer pricing specialist
  • • SA tax advisor (cross-border)
  • • IP attorney

Important Notice: The corporate structure described on this page is under active development and subject to legal, regulatory, and tax approvals. Nothing on this page constitutes legal, tax, or investment advice. The information is provided for informational purposes only. Prospective investors should engage their own professional advisors and conduct independent due diligence before making any investment decisions.