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| MAURITIUS BUSINESS ENVIRONMENT |
Business start up
Mauritius offers a very conducive business environment where it is possible to start a business in only a few days. Incorporation of a company is made within 3 days. Application for Occupation Permits for expatriates is also approved within 3 working days
Telecommunications
Mauritius provides a state-of-the-art telecommunication infrastructure with availability of ISDN, IPVPN and IPLC connections and leased lines amongst others. Mauritius has a high telephony penetration rate with 3 established telecom companies servicing over 350,000 telephone lines and 700,000 cellular phone users. The country is connected to the SAFE-SAT-3 fibre optic cable enabling high bandwidth connectivity with Europe, South-East Asia and Africa as well as the forthcoming satellite to fibre optic cable data transfer.
Office & Industrial space
Business in Mauritius is conducted around Port-Louis, the capital city, with an ICT pole and business park at Ebene. There are other business parks which have been constructed or are presently being constructed in different parts of the island. .Monthly rates for prime office rental spaces ranges from US$ 5 to USS$ 15 per sq. metre.
Industrial space and industrial land is also available for industrial developments.
Air Connections
The SSR international airport:
- served by (passenger/ cargo) airline companies
- regular direct flight to European, Asian and African cities
- traffic of over 2Mn passenger (2006)
- 75 established air-freight companies
- air cargo terminal giving access to airsides
Sea Connections
The Seaport (Port-Louis):
- links to most major international seaports
- served by high repute maritime companies
- 5.5 million tons of cargo handled (FY 05/06)
- container traffic of more than 170000 TEU (FY 05/06)
- 2359 vessels Traffic (FY 05/06)
Mauritius Taxation
Mauritius provides for a flat homogenised tax platform
- Corporate Tax Rate: 15%
- Personal income tax rate: 15%
- VAT rate: 15%
- Tax-free dividends
- No estate and stamp duty
- Free repatriation of profits dividends and capital
- No Foreign exchange control
IIn addition, Mauritius has concluded 33 Double Taxation Avoidance Treaties and is party to a series of treaties under negotiation.
The treaties currently in force are as follows:
Countries |
1. |
Barbados |
17. |
Namibia |
2. |
Belgium |
18. |
Nepal |
3. |
Botswana |
19. |
Oman |
4. |
China |
20. |
Pakistan |
5. |
Croatia |
21. |
Rwanda |
6. |
Cyprus |
22. |
Senegal |
7. |
France |
23. |
Seychelles |
8. |
Germany |
24. |
Singapore |
9. |
India |
25. |
South Africa |
10. |
Italy |
26. |
Sri Lanka |
11. |
Kuwait |
27. |
Swaziland |
12. |
Lesotho |
28. |
Sweden |
13. |
Luxembourg |
29. |
Thailand |
14. |
Madagascar |
30. |
Uganda |
15. |
Malaysia |
31. |
United Arab Emirates |
16. |
Mozambique |
32. |
United Kingdom |
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33. |
Zimbabwe |
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