Investor considerations
Mauritius is moving away from tax incentives or preferences to a low tax regime and a common level-playing field. Listed below are some
- Tax income rates for the coming years will be as follows:
Tax rate income year |
% |
| 2006/07 |
22.5 |
2007/08 |
20 |
2008/09 |
17.5 |
- The Tax Incentive for companies is presently 15%. All companies will be taxed at 15% by the year 2009/10
- Complete corporate tax exemption for companies holding a Category 2 Global Business Licence
- Companies holding a Category 1 Global Business Licence are subject to corporate tax at a rate not exceeding 3%
- Double taxation avoidance treaties with 32 countries
- Very generous foreign tax credit regulations
- Integrated Resort Scheme allowing foreigners to acquire luxury villas in Mauritius
Working and Living in Mauritius
- Application must be made for an Occupation Permit
- Applies to certain categories of non-citizens:
(a) Investors and self-employed
(b) Professionals with a monthly salary >Rs30,000
- Occupation Permit issued within 3 working days after date of submission
Investing IN Mauritius
Foreign investment is welcome in Mauritius. A wide range of incentives and facilities geared towards foreign direct investment and institutional investors are offered in various sectors of the economy – manufacturing and light processing, textile & fashion, Logistics & Distribution, Seafood & Marine Industry, Hospitality and Property Development, Biomedical Industry, Knowledge industry and Financial Services.
Investing THROUGH Mauritius
Multinationals and foreign investors, including major investment funds, use Mauritius as a base for investing in other countries. This is primarily because the combination of Double Taxation Treaties between Mauritius and these countries, and the domestic low tax regime makes fiscal planning advantageous to them. In addition, Mauritius provides high quality professional services and modern information and communication technologies.
Mauritius is also an attractive platform for investment in African countries, enabling investors who register their companies in the country to protect themselves from political and economic instability, over-regulated fiscal regimes and exchange control constraints in Africa. Mauritius also guarantees tax-free repatriation of funds.
