Mauritius – AN INTERNATIONAL FINANCIAL CENTRE
Strategically located as a gateway to both Africa and Asia, Mauritius is a stable, secure, diversified and globally competitive business hub
Mauritius has enjoyed substantial economic growth averaging 5% for the past two decades. It has a well-diversified economy and revenue streams which is based on its key sectors, namely, tourism, textile manufacturing, agriculture, financial services and Information & Communication Technology.
Mauritius has carved a strong international reputation for the level of service of its qualified professionals, its user-friendly legislation governing companies and trusts, its fiscally attractive environment and for the quality of its regulation which is seen as firm but at the same time commercially friendly. It is recognized as a leading regional centre for investment holding and structuring given its network of attractive Double Taxation Agreements with several African, Asian and European countries.
The country’s adoption of international best business practices and sustainable development policies has been acknowledged by international agencies such as the Organisation for Economic Cooperation and Development (OCED), the Financial Action Task Force (FAFT) and the World Bank (WB).
- Impressive track record, political stability and more than 3 decades of sustained economic growth.
- Efficiently regulated financial services centre.
- Well established banking institutions and an international stock exchange.
- Hybrid legal system based on English and French laws. The highest court of appeal is the Privy Council in the U.K.
- Flexible and most business-friendly country in Africa.
- Preferential market access to Africa, Europe and the USA.
- No exchange control.
- Flexible, bilingual (English/French) and skilled workforce.
- Strategic Time Zone (GMT+4).
- No withholding tax on dividends, capital gains and interest.
- Network of Double Taxation Agreements.
- Pleasant living conditions.
- Peaceful, multiethnic with a unique lifestyle in a blend of cultures.