Ideally positioned in the heart of the Indian Ocean, Mauritius benefits from being in a key location to trade with the African, European and Asian continents. It is notably the gateway and a strategic partner for the African continent.
Mauritius also offers an ideal living environment, combining comfort, modern facilities and health services. It attracts all kinds of foreign nationals wishing to invest, work or live here.
If you too are interested in establishing your residence in Mauritius or starting a business in Mauritius, discover in this article the top reasons that will convince you to choose Mauritius.
A strategic location: As part of the African and Indian Ocean Region, connected with Europe and Asia Mauritius is in a key location. The island also benefits from an efficient port and an international airport.
Considered as a gateway to the continent and the African market, Mauritius is a member of many organisations whose objective is to develop inter-country collaboration, such as the Southern African Development Community (SADC), Common Market for Eastern and Southern Africa (COMESA) and Indian Ocean Rim Association.
Mauritius has also developed a network of Double Taxation Treaties (DTAs) and Investment Promotion and Protection Agreements (IPPAs).
An International business centre: Mauritius is an international business and financial centre. The island also benefits from a political stability, modern legislation and fully serviced business and industrial parks.
Mauritius has a sophisticated, transparent and well-regulated international financial ecosystem.
A developing country: With a growth of 280% of the GDP per capita over the past 20 years*, Mauritius is now ranked as the wealthiest country in Africa (Africa Wealth Report 2022). The island is expected to continue its momentum and increase by a further 80% over the next 10 years.
* Average growth of 3.8% per year since 2015
A sound reputation in compliance: After much hard work since 2020, Mauritius was able to leave the FATF grey list last October. Mauritius is indeed strongly committed to the fight against money laundering and terrorist financing and makes it a point of honour in its policies.
Mauritius is also on the OECD's "white list" in recognition of its commitment and willingness to implement the internationally agreed tax standards.
The numerous tax incentives: In Mauritius, you can benefit from an attractive and flexible tax system. Among the key measure there is flat corporate and income tax rate. There is also numerous other tax incentives, such as: no capital gains tax, no dividend and interest withholding taxes, no estate duty, no inheritance or wealth tax,….
The ease of doing business: You can incorporate your company in Mauritius within 2 hours, with no minimum capital required. It is worth noting that Mauritius has agreements for protection for foreign business owners. The strategic location of Mauritius, with a favourable time zone provides ease of access to international markets.
A qualified workforce: A multilingual, highly-qualified workforce is available in Mauritius. The population of Mauritius is well-educated and largely bilingual in English and French.
A safe place: Mauritius has been elected the safest country in Africa (by New World Wealth report). Mauritius has been ranked as the most peaceful jurisdiction on the African continent by the Global Peace Index 2022.
Quality of life : If Mauritius is traditionally known as a tourist destination with its white beaches and luxurious resorts, it is mainly due to the climate and the diversity of the island's landscape.
In the latest World Happiness Report, published in 2022, Mauritius is ranked first among African countries. This ranking, which has been established for the past 20 years, is based on various criteria, including: GDP per capita, social support, healthy life expectancy, freedom to make life choices, generosity, …
Through our office, Rosemont Management Mauritius, based in Moka, Rosemont International can accompany you, your family and your business in your project in Mauritius. We offer a wide range of services for private and corporate clients:
- Corporate services: accounting and ancillary services, company formation, onshore and offshore entity administration;
- Tax and estate planning;
- Immigration services, residence and visas;
- Trust and Foundation fiduciary services;
- Business Advisory: corporate finance, debt structure and analysis, family business and business in Africa
- Family Office Advisory and Administration.