Mauritius: Best destination for investments
If you are considering a reliable gateway to invest in Africa, the rest of the world, or just a country to establish business or keep your assets, consider adding Mauritius to your list.
The Republic of Mauritius is an island nation located in the Indian Ocean, about 2000 kilometers off the southeast coast of the African continent. Mauritius is known for its political and social stability, since its birth as an independent nation in 1968. The economic and political stability continues to attract foreign investors and businesses.
Over the past 20 years, Mauritius has registered unprecedented growth and socio-economic development. In recent times, Mauritius has established itself not just as a prime location for companies wishing to harness the investment opportunities of Asian markets, but also burgeoning African markets.
The Mauritian government has created an enabling environment for investments through incentives and facilities that attract foreign direct investments and institutional investors. For example, you can register your business in less than a day through a simplified licensing process that takes only a few hours. The labor law is flexible and allows for the recruitment of professional expatriates.
The tax regime is very clear and attractive to investors. Some key highlights of the Mauritian tax system include:
- 15% tax on corporate profits;
- 15% tax on personal income (withholding tax);
- No tax on capital gains;
- No taxation on dividends;
- No restriction on repatriation of profits, dividends, and capital;
Other internal and external incentives that make Mauritius a safe zone for investors assets include:
- GDP (Gross Domestic Product) over $10,000;
- 0% of Capital Gain Tax;
- 5.5 % growth rate for the financial service sector;
- +3% annual GDP growth since 2010;
- 100 % foreign ownership permitted;
- 98% of private equity going into Africa goes via Mauritius;
- 0% foreign exchange control;
- Number one in Africa Competitiveness Index;
- Number one in Africa in Ease of Doing business;
Doing business in Mauritius is simple and secure as the country complies with global best practices and principles including the application of the principles of global corporate governance in all companies. Mauritius is also a signatory to the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting at the Organisation for Economic Co-operation and Development (OECD).
The combination of transparency, governance, economic and socio-political stability, secure financial environment, predictable but business-friendly legislation makes Mauritius one of the leading international investment destinations for all types of investors and assets.
As Investors Europe, we were attracted to Mauritius based on some of the reasons mentioned above. We are authorised and regulated by the Mauritius Financial Services Commission. We are a transparent and regulatory compliant company, and as an investor working with us guarantees the safety of your funds. Speak to our sales team today for a free trial of our wide selection of online trading platforms that have met the needs of various traders since 2001. You may contact our sales team at: +230 54490369 or email@example.com to discuss our offering.