WHY MAURITIUS?
Mauritius
Hybrid legal system - both common law and civil law
No exchange control
No capital gains tax
No inheritance tax
No gift tax
Politically stable with UK Privy council as highest court
Innovative structures
Such as Special Purpose Fund similar to those found in other key IFCs like Ireland, Luxembourg and Cayman. SPF accesses DTA and is not taxable in Mauritius (look through structures)
Structures like Variable Capital Companies (like those found in Singapore) feasible in Mauritius for Funds
Local laws
Permitting the recognition of Virtual Assets (crypto, blockchain etc) and the regulation of Virtual Asset Service Providers (VASPs) through different licences
Flexible banking solution
20+ banks in Mauritius including internationally renowned ones and a sophisticated Wealth Management system
Tax rate 15% / 3%
Effective tax rate can be 3% subject to meeting conditions
Mauritius has signed more than 45 Double Taxation Avoidance Agreements (DTAAs) among which 16 DTAAs with African counterparts
Proximity in Africa
African Union; COMESA; SADC and Commonwealth
Ability to hold 100% of share capital v/s BEE e.g. in South Africa
Mauritius has already passed the OECD test
Structures in Mauritius are not recognized as being harmful tax practice