Mauritius has privileged access to various markets comprising of millions of consumers, through the Africa Growth and Opportunity Act (AGOA), the Common Market for Eastern and Southern Africa (COMESA), and the Southern African Development Community (SADC).
Mauritius is an island of Africa’s southeast coast located in the Indian Ocean, east of Madagascar. The environment in Mauritius is typically tropical in the coastal regions with forests in the mountainous areas. Mauritius ranked second in an air quality index released by the World Health Organization in 2011.
Mauritius has no available natural resources and thus depends on imported petroleum goods to meet most of its energy necessities. Local and renewable energy sources are biomass, hydro, solar and wind energy. Mauritius has one of the largest Exclusive Economic Zones (EEZ) in the world.
Mauritius is a comparatively low cost jurisdiction and Legacy Capital is in a position to complement this by providing very competitive fees to its clients.
Global Competitiveness Index 2015-2016 – 1st in Africa
The Global Competitiveness Report 2015-2016 assesses the competitiveness landscape of 140 economies, providing an insight into the drivers of their efficiency and prosperity. The Report remains the most comprehensive evaluation of competitiveness worldwide.
World Bank – Ease of Doing Business 2016 – 1st in Africa – 32 out of 168 worldwide
Economies are ranked based on their ease of doing business, from 1–190. A high ease of doing business ranking means that the regulations in place favor the starting and operation of a local company easily.
Mo Ibrahim Index of African Governance 2016 – 1st for the 9th consecutive year
The Mo Ibrahim Index of African Governance (IIAG) is a means of measuring and monitoring governance performance in African countries.
Fraser Institute – Economic Freedom of the World 2015 – 1st in Africa, 6th in the world
The report on the Economic Freedom of the World by the Fraser Institute, measures the economic freedom by examining the rules and organizations of 157 countries and territories.
Forbes, Best Country for Business 2015 – 1st in Africa, 46th in the world
Forbes determined the Best Countries for Business by classifying 144 nations on 11 different factors: property rights, innovation, taxes, technology, corruption, freedom (personal, trade and monetary), red tape, investor protection and stock market performance.
Double Taxation Avoidance Agreements – DTAAs
A Global Business Licence 1 qualifies as tax resident in Mauritius and thus benefit from the Double Taxation Avoidance Agreements that Mauritius has established. It is taxed at 15% on its chargeable income but it may claim a foreign tax credit of 80%, thus resulting in a maximum effective tax rate of 3%.
foreign tax credit
effective tax rate
Our Legacy Team is help you to establish your fiscal structures and to make full use of the DTAAs in place. You are invited to contact us for more information regarding structuring and fiscal optimization. However, if you would wish to go ahead and download the DTAAs, they are available below.
|Pakistan||People's Republic of Bangladesh||
People's Republic of China
|Singapore||Sri Lanka||South Africa (New)|
|State of Qatar||Swaziland||Sweden (New)|