MAURITIUS

The island's success story is gaining attention. Mauritius has around 30,000 global business company registrations and the number is growing. The success of the island has attracted internationa llaw firm Bedell Cristin, to set up office, as well as public acknowledgement from Joseph Stiglitz. The island's foreign direct investment is expected to increase by 8%, with inflows reaching up to US$430million this year, according to Parakash Maunthrooa, chief executive officer ofthe Mauritius Board of Investment. The island is also a key stop overfor inter-emerging market trade and investment. "[There are] around 699 global funds targeting promising emerging countries including massive investment...

CORPORATE & FIDUCIARY OVERVIEW - EXECUTIVE SUMMARY 2020

  Goldfield is a Financial Services Commission (FSC) licensed management company based in Mauritius that offers corporate and administration services to Funds, Corporates, and Private Clients worldwide.   The company is led by a team of professionals who are expertly versed in managing large complex funds and corporate structures. Goldfield, therefore, makes it easier for clients to administer their businesses thus allowing them more time to focus on their commercial activities and the performance of their funds and companies. Goldfield positions itself as a niche market player with a focus on the quality of service delivery and seamless execution. Our...

CORPORATE & FIDUCIARY SPONSORED CONTENT 2022

By Mr. Patrice Tze Sek Sum, CPA (US), MIntTax, TEP   1. Overview   Over the past few years, Mauritius has undergone significant transformation in order to maintain itself as a serious jurisdiction of substance. While Mauritius remains the de facto hub to Africa due to its political stability, independent judiciary and strong institutional framework, and absence of foreign currency exchange control, it has had its fair share of challenges over the past year. Mauritius has enhanced its AML/CFT laws accordingly and restructured some of its tax regimes which were deemed harmful from the perspective of the OECD especially in regard to some ring-fencing...

CORPORATE & FIDUCIARY EXPERT INSIGHTS 2021

Country:                    Mauritius Region:                      Indian Ocean, Africa Currency:                   Mauritian rupee (MUR) (Rs) Languages:                English, French Time Zone:                 UTC +4 Phone Code:              +230 Communications:      Very Good Formation Cost:        2300 - 3900 USD$ Formation Time:       12 - 20 days Maintenance cost:     1100 - 1900 USD$ Sugar (well it has to come from somewhere) remains the dominant crop and accounts for one third of exports. Export-oriented domestic manufacturers and service...

JURISDICTION 2019

Executive Summary:Sugar (well it has to come from somewhere) remains the dominant crop and accounts for one third of exports. Export-oriented domestic manufacturers and service providers get favored treatment. The government has tried hard to create a manufacturing sector with a range of investment incentives, free trade zones and a Freeport. Garment manufacture has been a particular success, and a financial services sector including a stock exchange has also developed. The government is enthusiastic about e-commerce and has built a 'Cyber City'. There is a flat tax rate of 15% in almost all areas. Mauritius has signed more than 40...

JURISDICTION 2014

What is unique in your jurisdiction and why Chinese investors should form companies there? Mauritius has all the right ingredients to make it the International Financial Centre par excellence. Chinese investors investing either into or via Mauritius can benefit from the economic, political/ legal and fiscal advantages that the Country has to offer. These advantages can be summarized as follows: Availability of professional services Strategic time zone (only 4 hours behind Asia) Strong and well diversified economy Well-developed communications infrastructure (including regular direct flights from/ to China) Political stability Modern legislation ultimate court of appeal is the Privy Council in...

CORPORATE & FIDUCIARY JURISDICTION 2014

Q: Compared with other jurisdictions, what is unique in your jurisdiction? Under the current economic scenario, why should people put money there? A: Situated in the Indian Ocean region, it offers an open and financially sound economy, located between Asia and Africa, and the success of its economy is largely a result of its political and socio-economic stability. Q: What are the most popular financial products in your jurisdiction? How can they protect the interests of investors?A:Category 1 Global Business License (GBC1); Category 2 Global Business License (GBC2); Global Funds; Limited Partnership: Q:What kinds of professional financial services (trust & foundation/corporate...

CORPORATE & FIDUCIARY JURISDICTION 2014

The island's success story is gaining attention. Mauritius has around 30,000 global business company registrations and the number is growing. The success of the island has attracted internationa llaw firm Bedell Cristin, to set up office, as well as public acknowledgement from Joseph Stiglitz. The island's foreign direct investment is expected to increase by 8%, with inflows reaching up to US$430million this year, according to Parakash Maunthrooa, chief executive officer ofthe Mauritius Board of Investment. The island is also a key stop overfor inter-emerging market trade and investment. "[There are] around 699 global funds targeting promising emerging countries including massive investment...

CORPORATE & FIDUCIARY OVERVIEW - EXECUTIVE SUMMARY 2014

Mauritius is at the center of indian ocean trade flows connecting India, Africa, and China Mauritius has a long history of interesting wealth preservation tools, some of which have come about by accident. Two postal stage stamps produced in 1847 on the island have since gained immortality as the most valuable postage stamps in the world, appreciating from a value of one penny to roughly 4 million dollars. But more recently, and in more realistic products, Mauritius has also been ahead of the game. The island caught the offshore services bug in the 1980s and has since become a centerpiece...

CORPORATE & FIDUCIARY OVERVIEW - EXECUTIVE SUMMARY 2014