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| Tax arbitrage |
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| The main business case for using legal entities registered in Mauritius is tax arbitrage for cross border investments into India, Africa and South East Asia. Tax arbitrage is possible as a result of the double taxation avoidance treaty network of Mauritius with a number of countries in India, Africa and South East Asia. Furthermore, the conducive legal and fiscal regime, in particular the absence of capital gains and dividend taxes, the free repatriation of capital and profits, and the absence of inheritance, registration and stamp duties inter alia provide strong probative tax arbitrage measures. |
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| Investor protection |
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| Various legal instruments like the Financial Services Act 2007, the Financial Intelligence Anti Money Laundering Act 2002, the Securities Act 2005, the Prevention of Corruption Act 2002 and sound governance principles based upon the National Code on Corporate Governance all work together to create an efficient legal dynamic that provides for the security of funds invested in Mauritius, all of them bearing strong credentials of transparency, fairness, integrity and strong property rights. Furthermore, the presence of international banks, professional accounting and law firms and supervisory bodies that are members of worldwide accredited financial regulatory institutions such as the Financial Services Commission and the Bank of Mauritius provide for a stable and secure investment climate. In addition, a reputable legal system provides investors with sufficient and swift legal recourse in case of grievances. |
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| Jurisdiction of substance |
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The Mauritian jurisdiction is maturing as an international financial services centre. Mauritius forms part of the Global Forum on Transparency and Exchange of Information for Tax Purposes of the OECD which is a key resource for those economies interested in the implementation of internationally agreed tax standards.
Moreover, as per the World Bank - International Finance Corporation Doing Business 2008 Report, Mauritius ranks as hereunder out of 178 economies.. |
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1st in Africa Overall Ease of Doing Business |
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8th in Ease of Starting a Business |
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11th in Protecting Investors |
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17th in Trading Across Borders |
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27th in Global Rankings |
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The regulatory framework of Mauritius complies with norms prescribed by international standard setting bodies namely IOSCO principles, IAIS principles and FATF recommendations. |
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| Infrastructure |
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| The infrastructure in Mauritius is conducive for international business. Sound road network and structure, international airport that shall soon be modernized to become amongst the best in the Indian Ocean, uninterrupted supply of electricity and water, international connectivity at competitive rates and modern intelligent buildings of international standing all work together to make Mauritius a competitive and compelling destination on the international economic landscape. |
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| Human Capital |
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| With a literacy rate well over 90 percent and a constantly burgeoning class of very well-educated professionals with specific domain expertise, Mauritius is well-braced to supply competent subject matter specialists for fueling its next development stage. |
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