Taxation in Mauritius – Your Complete Guide for a Expatriation Issues Sereine

Introduction

Mauritius has become a destination prized by many expatriates looking for tranquility and fiscal stability. Indeed, thanks to its fiscal policy advantageous, Mauritius offers many benefits to foreign residents who choose to settle there. Whether you are a entrepreneur un investor or an employee looking for new horizons, here is everything you need to know about taxation in Mauritius.

Tax residence in Mauritius

Before you can enjoy the tax benefits of Mauritius, it is important to obtain tax resident status. According to the laws Mauritian, You can become a tax resident if you spend at least 183 days per year on the island or if you have the intention to settle there in a way permanent. Once you are considered a tax resident in Mauritius, you benefit from a rate tax of only 15 % on your income generated on the island.

Income tax

Mauritius applies a progressive income tax system ranging from 0 % has 15 %, depending on the amount of your annual income. However, it is important to note that certain types of income such as dividends, interests and capital gains in capital are exempt from tax in Mauritius.

Society taxes

If you are a entrepreneur or a investor, Mauritius also offers tax benefits interesting. The rate tax on companies is set at 15 %, which is very competitive compared to many other countries. In addition, the BUSINESSES Mauritian women benefit of a network of corporate conventions. tax bilateral with more 40 countries, which facilitates trade are commercial or International.

Value added tax

As far as Value Added Tax (VAT) is concerned, Mauritius applies a rate of 15 % on most goods and services. However, there are some exceptions, such as financial services and exports of goods and services, which are exempt from VAT. It is therefore important to understand the current tax rules regarding VAT if you are planning to start a business or do investments in Mauritius.

Conclusion

En conclusion, Mauritius offers taxation advantageous for foreign residents. Whether you are a Private or an business, you can benefit from many tax advantages by choosing to settle in Mauritius. However, it is important to call upon a tax expert international to guide you through the laws and regulations in order to maximize your tax benefits and ensure you have a expatriation serene.

Premium Visa

The Premium Visa is valid 1 year and renewable. It allows you to work remotely from Mauritius, but does not give you the right to work on the island. To obtain this visa, you must have a valid passport, provide proof of monthly income of 1350€ or have 15000€ savings, and a proof domiciled in Mauritius.

Retired License

The retired license is valid 10 years old, but does not allow you to work on the island. You must be at least 50 years and transfer a monthly amount of $2000 on a Mauritian bank account to be eligible for this permit.

Permits Independent

The license self-employed is vaild 10 years and allows you to work on the island, without hiring employees. To obtain this permit, you must file $50000 on a Mauritian bank account and present a business plan.

Residency permit

The residence permit is valid as long as the property you own belongs. To obtain this permit, you must make a purchase in a qualified area of ​​the “PSD, IRS…” type with a minimum value of 375000€.

License Dependent

The dependent permit is issued to family members under the age of 25 years or to the spouse/partner of a person already holding a permit in Mauritius.

Work permit

The work permit is issued only if the applicant has a paid job of at least 1300€ monthly. It is therefore advisable to come to the island with a visa tourism or Premium (for long term) and find work on site.

Expatriation-Maurice : Your partner for a expatriation successful

Expatriation-Maurice is a company specialized in the accompaniment expatriates wishing settle down in Mauritius. We offer you complete assistance in all the procedures related to your expatriation, whether it is to obtain your residence permit or visa, find accommodation, manage the procedures administrative, open a bank account, find a vehicle, manage your move, take care of your arrival at the airport, manage your children's schooling, or obtain permits import industries to ensure for your pets.

Thanks to our expertise and our knowledge depth laws and regulations in force in Mauritius, we are able to guide you and to accompany throughout your expatriation, ensuring that all formalities are correctly completed and that you can benefit from all the tax and practical advantages offered by Mauritius.

Do not hesitate to call on our services for a expatriation serene and successful in Mauritius. Contact us now for more of information visit and to benefit from our expertise.