Mauritius ranked among the 20 best places to do business in Africa and worldwide
Mauritius moved seven places to 13th out of 190 countries according to the latest World Bank Ease of Doing Business Report 2020, issued on 24 October 2019. The country remains 1st in Africa.
Amidst a fast changing global landscape, Mauritius has consistently transformed its business environment and improved its Ease of Doing Business ranking over recent years, from 49th in 2016 to 13th in 2019. This consolidates the country’s ongoing efforts to make Mauritius the leader in business facilitation in Africa and to be among the most business-friendly countries in the world, along with other jurisdictions such as New Zealand, Singapore, Hong Kong, United States, United Kingdom, etc.
The World Bank takes into account several indicators in assessing the ease of doing business; in the latest report, Mauritius improved significantly in the area of construction permits and registration of properties.
Streamlined procedures, resulting from the automation of licensing permits, have contributed to major reforms in dealing with construction permits in Mauritius. The submission of business licensing (including Building and Land Use Permit, Occupation Certificate, etc) can now be done electronically with the implementation of the National Electronic Licensing System.
The country has implemented the Mauritius e-Registry System, where a national register of immovable properties and statistics on land dispute resolutions are now publicly available. A mechanism for filing of complaints has also been implemented. These have resulted in better transparency of information provided by local authorities.
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Mauritius has implemented many reforms in recent years and this has allowed the country to keep pace with global change. In so doing, the local business environment has thrived, and the country remains competitive, transparent and attractive. In line with Mauritius’ Vision 2030, those efforts are set to continue and we expect technology to play an even bigger role in the future.
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The Doing Business Report is an annual report issued by the World Bank comparing the business and regulatory environment of 190 countries through quantitative indicators covering several areas such as starting a business, paying taxes, getting credit, enforcing contracts, trading across borders, dealing with construction permits, etc.
The Doing Business 2020 is the 17th edition issued by the World Bank and since its inception, 178 economies have implemented 722 reforms in the area of starting a business, reducing or eliminating barriers to entry. Despite such improvements, however, considerable gaps still exist between developed and developing economies on most Doing Business indicators.
Anthony Leung Shing, ACA, CTA
Country Senior Partner, PwC Mauritius
Tel: +230 404 5071
Dheerend Puholoo, ACCA
Tax Leader, PwC Mauritius
Tel: +230 404 5079
Senior Manager, Clients and Markets Development, PwC Mauritius
Tel: +230 4045029