Mauritius - Seasoned with Business and Investment Opportunities
An international business centre strategically located in the Indian ocean approximately 1,200 kilometers east of Madagascar, Mauritius is conveniently located midway between Europe and the Far East. Volcanic in origin and covering 1,865 square kilometers, the Dutch were first to settle on the island in 1598, followed by the French in 1715.
Mauritius changed hands once again in 1810 as it became a British colony, but the multi racial 1.2 million local inhabitants gained their independence 158 years later. Although English is the official language, French is widely spoken, and the island’s history has resulted in a hybrid legal system combining both civil and common law practices.
Private law is largely based on the Napoleonic Code, whilst public and administrative laws - including company law - draw on English Common law. After achieving independence in 1968, Mauritius adopted a constitution based on the British parliamentary system and, although the island became a Republic in 1992, it remains a member of the Commonwealth and the ultimate court of appeal is the Privy Council.
Mauritius is a politically stable, democratic state enjoying a vibrant and diverse economy. Business and Investment Opportunities in Mauritius are quite lucrative and is governed by a well established and regulated financial services sector which adheres to internationally accepted norms and best practices.
As a jurisdiction, Mauritius offers significant benefits from an extensive range of Double Taxation Agreements (DTAs), a favourable fiscal regime with no capital gains tax or estate duty and excellent telecommunication facilities as a result of significant investment and deregulation in recent years. Mauritius has one of the world’s most competitive fiscal regimes.
Why More Business And Finance Professionals Are Choosing Mauritius
The continuing success and reputation of Mauritius as a regional financial services centre is underpinned by the firm commitment of the Government of Mauritius to promote and support its financial services sector.