Why Setup a Company in Mauritius?
Slowly but gradually Mauritius is becoming a part of business expansion strategies of companies across sectors. If you too are thinking of expanding your company operations overseas and have thought of Mauritius, then you might want to give it a thought as Mauritius is no longer just a tourist destination. In fact, setup up business in Mauritius has evolved over the years into a pro-business destination.
Here’s a look at what you could be missing out on to your competition, if you don’t setup a company in Mauritius now:
Attractive and Flexible Tax System
The government of Mauritius is doing the best they can to create an investor-friendly environment for both local & international companies. And this is truly evident from the following:
- Mauritius has a low tax jurisdiction
- There are no inheritance taxes
- Offers 80 percent tax credits to offshore companies
- Dividends are tax exempted
- No capital gain tax
- Free repatriation of dividends, capital and profits
- 15 percent VAT
- VAT offered on equipment and exemptions from custom duty
- DTAA (Double Tax Avoidance Agreements) with thirty-four countries
Easy Company Incorporation Process
Setting up business in Mauritius is quite easy. Foreign entrepreneurs can setup their companies in Mauritius within 3 working days and enjoy up to 100 percent foreign ownership. Also, no minimum foreign-capital to setup a company and start operations in Mauritius is required.
Excellent Protection for Foreign Business Owners
Mauritius is one place where foreign business owners can enjoy excellent protection. The country, Mauritius, is signatory of many treaties as well as multi-lateral agreements that ensure protection of foreign investors such as:
- The 1958 New York Convention
- The International Court of Justice of the Hague
- The International Centre for RoID (Regulation of Investment Dispute)
In Mauritius, there is free-market economy and no control over exchange. This means there is absolutely no limit when it comes to transferring dividends, capital and profits out, from Mauritius to another country. In other words, you can easily transfer your profits generated in Mauritius to the place where your company is headquartered.
Convenient Time Zone
Nestled in Madagascar’s east along the Indian Ocean, Mauritius benefits from its convenient time-zone that is GMT + four (4) by opening for business early before the Far Eastern side markets close and is just in time to catch-up with the opening market in the United States.
Amazing Business Doing Opportunities across Sectors
Mauritius offers amazing business doing opportunities across different sectors such as: agro industries, logistics & distribution services, manufacturing & light engineering, seafood & aquaculture, IT & BPO, financial services, healthcare, medical travel, property development, hospitality, renewable energy and environment.
For more information or company incorporation services get in touch with ABC GLOBAL MANAGEMENT SERVICES LTD, Mauritius, [email protected] They can provide you step by step assistance for setting up business in Mauritius.