Mauritius.

MITCO currently operates in three (3) international financial centres namely Mauritius, Dubai UAE and Seychelles.

Through strategic partnerships, MITCO is also able to offer a full set of corporate services for structures in BVI and other financial centres.

Multijurisdictional Set-up - Dubai Mauritius

Through strategic partnerships, MITCO is also able to offer a full set of corporate services for structures in BVI and other financial centres.

Multijurisdictional Set-up - Dubai Mauritius

Mauritius.

Mauritius is a small island in the Indian ocean and its strategic geographical location positions the island as the gateway to Africa whilst connecting Asia, Middle East and Australia.  The island is home to many international banks, major international professional firms, legal international professionals, multinational entrepreneurs and high net worth families.

The island is also internationally recognised for its political, economic and social stability as well as for its regulatory framework.

In Mauritius, MITCO offers a full range of corporate, special licenses, private clients and funds structuring, administration, compliance and accounting services.

Mauritius at a Glance

Population:
~ 1.3 million
Official language: English
Widely spoken languages: French, Creole, Asian languages
Hybrid legal System:
Common & Civil Law
GDP per Capita:
~USD 11,014 (2018) GDP Growth: 3.30% (2018)
DTAA & IPPA
DTAA – with 45 countries
IPPA – with 28 countries
SADC Treaty, COMESA Treaty, AGOA, WTO
Pillars of Economy:
Agricultural, Manufacturing, Tourism, Financial Services, information, communication & technology

Mauritius being a diverse and multicultural nation of 1.3 million people, offers a range of investment opportunities in a competitive, well diversified and broad based economy.

Mauritius is amongst the top 20 countries in the world for ease of doing business and has over the years consolidated its leadership position in Sub Saharan Africa.

Mauritius has a sophisticated, transparent and well-regulated international financial centre with a conducive ecosystem offering a complete range of products and services to manage your transactional, operational and financial needs, such as treasury management centre, global funds, protected cell companies, variable capital companies, captives, family office schemes and trusts.

Mauritius is currently connected to two undersea cables namely South Africa Far East (SAFE) AND Lower Indian Ocean Network (LION/LION2) cables for the provision of international internet capacity.

Mauritius is served by more than 20 airlines and connecting over 150 destinations world-wide. In terms of connectivity, Mauritius has direct service to top airport hubs in the world including Paris, London, Singapore Dubai, Johannesburg, Nairobi, New Delhi, Mumbai and Perth.

Index Global Rank Africa Rank
Global Competitiveness Index 2018-2019 49 out of 140 countries 1st
World Bank Doing Business Report 2020 20 out of 190 countries 1st
Mo Ibrahim Index of African Governance 2018 1st
Fraser Institute – Economic Freedom of the world 2018 8 out of 162 countries 1st
Heritage Foundation- 2018 Index of Economic Freedom 21 out of 180 countries 1st
Transparency international- Corruption Perceptions Index 2018 56 out of 180 countries

  • Competitive tax regime: corporate tax and VAT fixed at 15%
  • 80% exemption regime on the following income subject to meeting substance conditions:
    • foreign dividend, subject to amount not allowed as deduction in source country
    • Interest income
    • Foreign-source income derived by a CIS, CEF, CIS Manager, CIS administrator, investment advisor or asset managed licensed or approved by the FSC
    • Income derived from leasing and provision of international fibre capacity, reinsurance and reinsurance brokering activities, sale and financing arrangement and asset management of aircraft
  • 95% tax exemption on interest earned by a CIS or CEF
  • Reduced corporate tax rate of 3% for companies engaged in international trading of goods. The reduced rate of 3% is attributable to the gross income derived from the export of goods in that income year.
  • No withholding tax on interest, royalties and dividends
  • No capital gains tax
  • No estate duty, inheritance, weal or gift taxes
  • No stamp duties, registration duties and levy
  • Tax holidays (under certain conditions) on specific licences – Overseas family offices, Global Headquarters Administration, Global Treasury Activities, Investment Banking, Global legal Advisory Services
  • Mauritius has signed DTTs with 45 countries where double taxation is avoided by means of tax credit given for foreign tax in accordance with the treaties.

  • Strategic location, connecting Europe, Africa, Middle East and Asia
  • Well-regulated and transparent jurisdiction
  • Preferential market access to Africa, Europe and USA
  • Mauritius is the leading international Financial Centre in Africa
  • Availability of highly qualified and bilingual professionals
  • Stable economic, political and sound environment for more than 3 decades
  • Compliant with international norms and standards, including the standards on transparency and exchange of information for tax purposes, the Base Erosion and Profit Shifting recommendations and the Common Reporting Standard on automatic exchange of information

  • Mauritius is sovereign and independent
  • Efficiently regulated financial services centre committed to investors protection
  • Rule of law: transparency
  • Good Corporate Governance
  • Modern financial products and services
  • Strategic time zone (GMT+4). Business can be conducted with the far east in the morning Europe during the day and USD in late afternoon
  • Political stability guaranteed by parliamentary democracy based on Westminster model
  • Hybrid legal system based on English and French laws. The highest court of appeal is the Privy Council in the UK
  • Adherence to international best practice
  • 100% foreign ownership allowed
  • No exchange control – Free repatriation of profits, capital and interest with no withholding tax on dividends royalties and interests
  • Security of assets
  • Efficient banking system
  • Compliant to internationally accepted norms of supervision including those of the Basle Committee on Banking Supervision
  • Well established Stock exchange opened to foreign investors
  • Fully compliant and committed jurisdiction with the Organisation for Economic Co-operation and Development (OECD), FATF and European Union (EU) Agencies
  • Member of the Eastern and Southern Africa Anti-Money Laundering Group

Mauritian Products

Global Business Corporation

Global Business Corporation(GBC)

Authorised company

Authorized Company(AC)

Protected Cell Companied

Protected Cell Companied (PCC)

Limited Partnership

Limited Partnership(LP)

Investment Dealer

Investment Dealer

Investment Advisor

Investment Adviser

domestic-company

Domestic Company

Global Headquarters

Global Headquarters Administration

Special Licenses

Special Licenses in Mauritius

Trust

Trusts

Private Trust Company

Private Trust Company

Mauritius Foundation

Mauritius Foundation

Mauritius.

Mauritius is a small island in the Indian ocean and its strategic geographical location positions the island as the gateway to Africa whilst connecting Asia, Middle East and Australia.  The island is home to many international banks, major international professional firms, legal international professionals, multinational entrepreneurs and high net worth families.

The island is also internationally recognised for its political, economic and social stability as well as for its regulatory framework.

In Mauritius, MITCO offers a full range of corporate, special licenses, private clients and funds structuring, administration, compliance and accounting services.

Mauritius at a Glance

  • Population: ~ 1.3 million

  • Official language: English
    Widely spoken languages: French, Creole, Asian languages

  • Hybrid legal System: Common & Civil Law

  • GDP per Capita: ~USD 11,014 (2018) GDP Growth: 3.30% (2018)

  • DTAA – with 45 countries
    IPPA – with 28 countries
    SADC Treaty, COMESA Treaty, AGOA, WTO

  • Pillars of Economy: Agricultural, Manufacturing, Tourism, Financial Services, information, communication & technology

Mauritius being a diverse and multicultural nation of 1.3 million people, offers a range of investment opportunities in a competitive, well diversified and broad based economy.

Mauritius is amongst the top 20 countries in the world for ease of doing business and has over the years consolidated its leadership position in Sub Saharan Africa.

Mauritius has a sophisticated, transparent and well-regulated international financial centre with a conducive ecosystem offering a complete range of products and services to manage your transactional, operational and financial needs, such as treasury management centre, global funds, protected cell companies, variable capital companies, captives, family office schemes and trusts.

Mauritius is currently connected to two undersea cables namely South Africa Far East (SAFE) AND Lower Indian Ocean Network (LION/LION2) cables for the provision of international internet capacity.

Mauritius is served by more than 20 airlines and connecting over 150 destinations world-wide. In terms of connectivity, Mauritius has direct service to top airport hubs in the world including Paris, London, Singapore Dubai, Johannesburg, Nairobi, New Delhi, Mumbai and Perth.

Index Global Rank Africa Rank
Global Competitiveness Index 2018-2019 49 out of 140 countries 1st
World Bank Doing Business Report 2020 20 out of 190 countries 1st
Mo Ibrahim Index of African Governance 2018 1st
Fraser Institute – Economic Freedom of the world 2018 8 out of 162 countries 1st
Heritage Foundation- 2018 Index of Economic Freedom 21 out of 180 countries 1st
Transparency international- Corruption Perceptions Index 2018 56 out of 180 countries

  • Competitive tax regime: corporate tax and VAT fixed at 15%
  • 80% exemption regime on the following income subject to meeting substance conditions:
    • foreign dividend, subject to amount not allowed as deduction in source country
    • Interest income
    • Foreign-source income derived by a CIS, CEF, CIS Manager, CIS administrator, investment advisor or asset managed licensed or approved by the FSC
    • Income derived from leasing and provision of international fibre capacity, reinsurance and reinsurance brokering activities, sale and financing arrangement and asset management of aircraft
  • 95% tax exemption on interest earned by a CIS or CEF
  • Reduced corporate tax rate of 3% for companies engaged in international trading of goods. The reduced rate of 3% is attributable to the gross income derived from the export of goods in that income year.
  • No withholding tax on interest, royalties and dividends
  • No capital gains tax
  • No estate duty, inheritance, weal or gift taxes
  • No stamp duties, registration duties and levy
  • Tax holidays (under certain conditions) on specific licences – Overseas family offices, Global Headquarters Administration, Global Treasury Activities, Investment Banking, Global legal Advisory Services
  • Mauritius has signed DTTs with 45 countries where double taxation is avoided by means of tax credit given for foreign tax in accordance with the treaties.

  • Strategic location, connecting Europe, Africa, Middle East and Asia
  • Well-regulated and transparent jurisdiction
  • Preferential market access to Africa, Europe and USA
  • Mauritius is the leading international Financial Centre in Africa
  • Availability of highly qualified and bilingual professionals
  • Stable economic, political and sound environment for more than 3 decades
  • Compliant with international norms and standards, including the standards on transparency and exchange of information for tax purposes, the Base Erosion and Profit Shifting recommendations and the Common Reporting Standard on automatic exchange of information

  • Mauritius is sovereign and independent
  • Efficiently regulated financial services centre committed to investors protection
  • Rule of law: transparency
  • Good Corporate Governance
  • Modern financial products and services
  • Strategic time zone (GMT+4). Business can be conducted with the far east in the morning Europe during the day and USD in late afternoon
  • Political stability guaranteed by parliamentary democracy based on Westminster model
  • Hybrid legal system based on English and French laws. The highest court of appeal is the Privy Council in the UK
  • Adherence to international best practice
  • 100% foreign ownership allowed
  • No exchange control – Free repatriation of profits, capital and interest with no withholding tax on dividends royalties and interests
  • Security of assets
  • Efficient banking system
  • Compliant to internationally accepted norms of supervision including those of the Basle Committee on Banking Supervision
  • Well established Stock exchange opened to foreign investors
  • Fully compliant and committed jurisdiction with the Organisation for Economic Co-operation and Development (OECD), FATF and European Union (EU) Agencies
  • Member of the Eastern and Southern Africa Anti-Money Laundering Group

Mauritian Products

Global Business Corporation

Global Business Corporation(GBC)

Authorised company

Authorized Company(AC)

Protected Cell Companied

Protected Cell Companied (PCC)

Limited Partnership

Limited Partnership(LP)

Investment Dealer

Investment Dealer

Investment Advisor

Investment Adviser

domestic-company

Domestic Company

Global Headquarters

Global Headquarters Administration

Special Licenses

Special Licenses in Mauritius

Trust

Trusts

Private Trust Company

Private Trust Company

Mauritius Foundation

Mauritius Foundation

Contact Us

Contact us to join our team. We’ll get back to you promptly.