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# Reasons why entrepreneurs choose Mauritius to set up their business
Mauritius is an ideal place for entrepreneurs looking to start or expand their business. There are many reasons why they choose this picturesque island. Here are some of the most common reasons:
## A favorable business climate
Mauritius has long been considered an important trading centre in the region. It offers a stable business environment, with clear laws and regulations that protect both investors and employers. There is little bureaucracy and administrative procedures are simple and efficient. As a result, it is much easier to set up a business in Mauritius than elsewhere in the region.
## A qualified workforce
Mauritius is known for its highly skilled, informative, multilingual and hardworking workforce. The island’s universities are internationally recognized, and produce qualified professionals in various disciplines. In addition, the Mauritian government has established vocational training programs to improve the skills of Mauritian workers, giving businesses a highly skilled local workforce to meet their needs.
## A favorable tax system
The tax regime in Mauritius is very competitive. Companies benefit from a relatively low corporate tax rate, exemption from dividend tax and other tax advantages. Companies can also benefit from tax agreements with other countries, which help them reduce their taxes. This makes Mauritius very attractive to foreign investors.
## A strategic location
Situated in the heart of the Indian Ocean, Mauritius is a natural meeting point for trade routes between Africa, Asia and Europe. It offers easy access to regional and global markets, allowing businesses to reach a large number of potential customers. Mauritius is also accessible by air from most major cities around the world, making it easy to do business with foreign partners.
## Affordable operating costs
The cost of living in Mauritius is affordable compared to other countries in the region, which also makes operating costs lower. Rent, food, electricity and telecommunication charges are relatively inexpensive, allowing businesses to reduce their costs. In addition, the average salary of Mauritian workers is lower than that of workers in developed countries, allowing businesses to further reduce their costs.
All in all, Mauritius is an ideal place for entrepreneurs looking to start or expand their business. With a favorable business climate, a highly skilled workforce, an attractive tax system, a strategic location and affordable operating costs, it is no wonder why so many entrepreneurs choose this paradise island to set up their business.
### The reasons in summary:
– A favorable business climate
– A qualified workforce
– A favorable tax system
– A strategic location
– Affordable operating costs
## The different residence permits
### The investor permit
The investor permit allows foreign entrepreneurs to invest in a local business and live in Mauritius. To obtain this permit, it is necessary to invest at least €50 in an existing business, or to create a new one in Mauritius.
### The independent permit
The Independent Permit is intended for foreign entrepreneurs who wish to establish a business in Mauritius. To obtain it, it is necessary to invest at least €35 in a business in Mauritius.
### Permanent residence permit by acquisition of real estate
The Permanent Residence Permit by Acquisition of Real Estate allows foreign entrepreneurs to purchase property in Mauritius and live in Mauritius. To obtain this permit, it is necessary to purchase a property with a minimum value of €375 in Mauritius.
In short, Mauritius offers a number of opportunities for foreign entrepreneurs to live and work on the island. Whether through the investor permit, the independent permit or the permanent residence permit through the acquisition of real estate, entrepreneurs can find a solution to settle on this paradise island.
Expatriation-Maurice is the ideal solution for people looking to settle and live in Mauritius. We offer a support service for administrative procedures for obtaining permits, visas, finding accommodation, vehicles, organizing children's schooling, importing your pets and more. We have a dedicated team to help you at all stages of your move to Mauritius.
We hope that the information provided in this article has been useful in understanding the reasons why entrepreneurs choose Mauritius to set up their business. If you have any questions regarding your move to Mauritius, contact us now to get more information about the services we offer.
