Taysun Corporate Services Ltd

Why Mauritius?

Incentives to conduct business in Mauritius

A democratic, safe and enjoyable place to conduct business

  • Stable democratic political system and sustained economic growth
  • Developed infrastructure, high-tech ICT connections
  • Daily airline link to Europe, India, Far East, South and East Africa
  • International award-winning five-star hotels
  • International golf courses
  • Ideal time zone. Mauritius being +4 hours GMT, communication can be made with Asia and the Pacific in the morning, Europe in the early afternoon and the United States in the late afternoon.
  • Large pool of qualified lawyers and accountants, university graduates and other professionals.  Accountants are mostly trained in the U.K., whilst most Mauritian barristers have been called to the Bar both in the U.K. and in Mauritius
  • Confidentiality of information
  • Abundant pooled of highly skilled persons
  • OECD White List jurisdiction and has never been on the Financial Action Task Force (FATF) list of uncooperative jurisdictions
  • Competitive professional service costs
  • Mauritius is a signatory to a number of regional and international agreements
  • Confidentiality is guaranteed by law in respect of all information submitted to the Financial Services Company and to the Registrar of Companies
  • Banks licensed in Mauritius include some of the major names in international banking
  • Mauritius has concluded Investment Promotion and Protection Agreements with a number of its tax treaty partners

Mauritius Map

Dynamic economy

  • Vibrant economy expected to grow around 4.5 % per annun
  • Services industry currently accounts for 75% of GDP
  • Financial services sector expected to grow at 6% per year
  • Low taxation and generous tax credits. Maximum tax liability of 3%
  • No withholding tax on dividends and interests paid
  • No capital gains tax
  • No estate duty, inheritance, wealth or gift tax
  • Exemption from income tax for GBC1 companies
  • Use of the country as a platform for business between Asia and Africa.
  • No exchange control
  • Local investor participation in GBC1 companies is allowed and even encouraged, hence contributing to integration of the Global Business activities with domestic economy
  • Mauritius is part of the Southern African Development Community (SADC), the Common Market for Eastern and Southern Africa (COMESA) and the Indian Ocean Rim–Association for Regional Cooperation (IOR-ARC).
  • No exchange control
  • Mauritius benefits from the presence of major international audit firms, including the Big Four

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Transparent legal system

  • The historical blend of legal traditions of Mauritius has evolved through time into quite a unique non-discriminatory and transparent legal system which is now the pride of the Republic of Mauritius.
  • As of now, the main sources of law are the Constitution, based on the Westminster model, private law, which is largely, based on the Napoleonic codes, public, commercial and administrative law, which are mainly Common law-based, case law and international treaties.
  • Mauritius has an independent judiciary guaranteed by the Constitution and is a member of the Commonwealth and “Association de la Francophonie”.
  • The highest judicial authority is the Supreme Court of Mauritius, which is also the principal court of civil and criminal jurisdiction. Judgments of French courts are sometimes referred to for guidance and the ultimate court of appeal is the Judicial Committee of the Privy Council of the Queen in London.

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Mauritius is also an interesting platform for investment globally as the country has to date signed 35 Double Taxation Avoidance Agreements (DTAAs).  Mauritius acts as a major platform for investment into Asia and Africa through Double Taxation Avoidance Agreements (DTAAs).

Mauritius  Map