Mauritius is Africa’s most competitive and friendliest business destination both for local and international companies and investors. The country ranks in the top 15 globally in the World Bank’s Ease of Doing Business Ranking, and first in Africa. Mauritius is one of the only African jurisdiction that is globally competitive in terms of banking regulations and fiscal regimes, attracting entrepreneurs, investors and high-net worth individuals seeking to make their operations more efficient in Africa and globally.
Mauritius
Mauritius
Doing Business in Mauritius
Mauritius’ legal framework and network of Investment Promotion Protection Agreements offers full protection of foreign investments and companies operating out of Mauritius have the certainty of the protection of their investment.
The streamlining of all procedures such as the automation of licensing permits and digitalization of most processes have resulted in Mauritius being the friendliest place to do business in Africa. Thanks to the National Electronic Licensing System, all business licensing can be done electronically, including building and land use permits or occupation certificates. Similarly, a local company can be incorporated online with all necessary procedures completed within a few days only.
BUSINESS FRIENDLY
Ranked among the 15 best places to do business worldwide, and remains the 1st business jurisdiction in Africa
FINANCIAL STABILITY
Politically-mature democracy and financially-stable economy
GOOD COMPANY
Teamwork, experience, accountability and innovation – all of which is reflected in the quality of our results.
WHY MAURITIUS?
Mauritius is ranked among the 15 best places to do business worldwide, and remains the 1st business jurisdiction in Africa. While its pristine beaches have attracted global tourists for decades, Mauritius has constantly transformed its business environment to become Africa’s most sought-after business destination. Thanks to a politically-mature democracy and financially-stable economy, Mauritius has become the ideal steppingstone for entrepreneurs and investors wishing to do business across Africa. Ideally located between Africa and Asia, the country is an African leader in business facilitation, competing with global jurisdictions such as Singapore, Hong Kong, Dubai or Cyprus.
Natural beauty and attractive opportunities
Banking in Mauritius
Thanks to the absence of exchange controls and a modern banking sector, Mauritius is Africa’s leading international services centre by definition. The country has embraced digitalisation early on, allowing to develop a truly efficient and modern banking system for individuals and corporations alike. Most Mauritian banks offer international transfers in only three days, with no limits on the amount being transferred. While KYC processes are very meticulous in Mauritius, banking procedures and processes become very flexible and reasonable once accounts are opened. Responsive banks, ease of electronic communications, and the ability to open accounts in various currencies such as USD, EUR, GBP, ZAR, INR or NGN is what make Mauritius a global banking sector of excellence.
Taxes in Mauritius
If Mauritius ranks 13th globally in the World Bank’s Ease of Doing Business, it ranks in the top 5 when it comes to paying taxes. Mauritius adheres to the latest international tax standards and has the OECD whitelist status, on top of offering one of the lowest tax regimes in the world. The country’s vast network of double taxation treaties make it a very attractive destination, especially for offshore companies residing in Mauritius.
The maximum tax rate in Mauritius is set at 15%, irrespective of personal or corporate income. Specific structures like the Global Business Company (GBC) can even benefit from taxes as low as 3% depending on their activities. For other structures like Authorized Company, tax obligations are equal to none when the residential status is not in Mauritius.
A FISCAL PARADISE
The country’s vast network of double taxation treaties make it a very attractive destination, especially for offshore companies residing in Mauritius.