Doing Business in Mauritius

Mauritius is one of the most open, competitive and least taxing economies in the world. Mauritius has a liberal investment policy. Foreign investors are permitted to invest in any area of ​​the economy under the provisions of the Noncitizens Property Prohibition Act, 1975, which generally prohibits non-citizens from receiving real estate. However, through the Integrated Resorts Scheme (IRS) and Real Estate Scheme (RE), non-citizens can obtain luxury villa / property and can get resident / citizens status in Mauritius.

Mauritius has removed significant foreign investment constraints by reducing taxes, easing financial process, maintaining low interest rates, investing in education and training, and reducing trade barriers and maintaining higher priority on key markets. Based on the broad guidelines on self-reliance, business activities are allowed to be started within 3 business days and officials can check compliance using the X-post control.

A shareholding company is allowed under local laws. Only one institution - with company registrar, except for those dealing with financial services, need to do with registration of firms. To work in financial services, approval of the Financial Services Commission (FSC) and / or Central Bank, Bank of Marys (BOM) is necessary. The Financial Services Commission is responsible for the non-banking sector, while BOMM is responsible for the non-banking sector. Responsible for licensing, regulating and monitoring of banking sector.

Mauritius's economic policy is designed to create a stable economic environment and put a significant emphasis on fostering investment. Exchange control has been removed. There is no tax on capital investments on fees and no tax. Property duty is absent and free profit is allowed. 100% foreign ownership is allowed and minimum foreign capital is not needed. The tax system is simplified and a tax rate of 15% is available.

Mauritius has made commercial trade arrangements with Europe under the Kotnou agreement; According to the Law on Growth and Opportunities for Africa (AGO); Between African countries in the common market of the South African Development Community (SADC) and East and South Africa (Comeså).

Mauritius actively promotes new areas and diversifies its economic base. Consequently, they invest in various sectors such as the agricultural industry, land ocean, renewable energy sector, seafood industry, jewelry, manufacturing, textiles and april, construction and public works, environmental services, information and communication technology clusters. There are many possibilities, Logistics and Distribution Sectors, Medical Services, Tourism, Real Estate Development, etc.