How to benefit from an advantageous tax framework for your business in Mauritius

Tax advantages of a business in Mauritius

One of the major tax advantages for businesses in Mauritius is the corporate tax rate. This rate has been reduced significantly over the years, from 35% in 2008 to just 15% today, making it one of the most competitive rates in the world.

In addition to this, Mauritius offers businesses a range of other tax benefits including:

• No tax on dividends: Companies do not have to pay tax on dividends they pay to their shareholders;
• No capital gains tax: Companies are not taxed on capital gains made on the sale of assets or securities;
• No wealth tax: Companies are not taxed on their assets or net worth.

The conditions for benefiting from these tax advantages

Although the tax benefits in Mauritius are very attractive, it is important to note that in order to benefit from these advantages, companies must meet certain conditions. These conditions include:

• Tax residence: The company must be considered as being tax resident in Mauritius to benefit from these advantages;
• Real head office: The company must have a real head office in Mauritius, with employees and adequate infrastructure;
• Domiciliation: The company must be domiciled in an authorized service center in Mauritius.

In summary, Mauritius offers a very advantageous tax framework for companies looking to establish themselves in a favorable environment. Although these advantages are very attractive, it is important to note that certain conditions must be met to benefit from them. If you are an entrepreneur and are looking to establish your business in a tax-friendly environment, Mauritius is definitely one to consider.

The investor permit

The Investor Permit allows foreigners investing in Mauritius to live and work there. To obtain this permit, it is necessary to invest $50000 in Mauritius by opening a business.

The independent permit

The Independent Permit is intended for foreigners who wish to establish their business in Mauritius in the service sector only. To obtain this permit, it is necessary to invest $50000 in Mauritius by opening a business.

Permanent residence permit by acquisition of property

The permanent residence permit by acquisition of property allows foreigners to purchase real estate in Mauritius and reside there permanently. To obtain this permit, it is necessary to purchase real estate in Mauritius with a minimum value of €375.

Expatriation-Maurice is an agency specialized in supporting expatriates in Mauritius. We are here to help you with all the steps of your installation in Mauritius, whether it is to obtain your permit or visa, find accommodation, a vehicle, a pick-up at the airport, the schooling of your children, the import of your pets and many others.

We are also here to answer any questions you may have regarding the information presented in this article, and to help you take full advantage of the tax benefits offered by Mauritius for businesses.

Do not hesitate to contact us for more information about our services.