Why Mauritius
Mauritius is a politically stable democratic state and enjoys a vibrant and diverse economy. Business and investment opportunities in Mauritius are lucrative and governed by a well-established and regulated financial services sector that adheres to internationally accepted norms and best practices.
As the safest country in Sub-Saharan Africa, Mauritius provides investors with a conducive business environment that ensures predictability, certainty, and security.
As far as taxation is concerned, Mauritius has a standard tax rate of 15% for an individual having an annual net income exceeding MUR 975,000. However, those with yearly net incomes less than MUR 700,000 are subject to a lower rate of 10%. Moreover, individuals with yearly net incomes exceeding MUR 700,000 but not exceeding MUR 975,000 rupees can also benefit of a tax rate of 12.5%.
Why are more corporate and financial professionals choosing Mauritius?
As a jurisdiction, Mauritius offers significant benefits, such as an extensive range of Double Taxation Agreements (DTAs), a favourable fiscal regime with no capital gains tax or estate duties, 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.
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.
Other reasons to choose Mauritius?
- Low administration costs
- An enviable network of double taxation avoidance treaties
- Strong and well-regulated banking sector
- Political and economic stability
- Independent judiciary system
- Favourable time zone (GMT+4)
- Reliable telecommunications network and availability of high bandwidth connectivity
- Membership to regional organisations, such as: the COMESA, SADC and IOR-ARC, as well as strong ties with the EU
- Long established trade links with various countries
- Availability of qualified bilingual professionals (English and French)
- Suitable regulation for specialised financial services