Articles

  What are Digital Assets? As its name suggests, and contrary to traditional assets, digital assets exist solely in digital form and are secured by private keys controlling them. In the context of the Financial Services (Custodian services (digital asset)) Rules 2019, Digital Asset are defined as: any token, in electronic or binary form, which […]

  Shareholder disputes are disagreements between shareholders. It may concern the governance of the company, or other essential elements such as the company’s processes or finances amongst others. The best way to prevent dispute between joint shareholders is to have in place, a clear and robust Shareholders’ Agreement, right from the start.   How can […]

  Amendments brought to the Regulations under the Non-Citizens (Employment Restriction) Act sees the termination of the exemption, for foreign spouses of Mauritian citizens, to have a work/occupation permit to be able to work in Mauritius. Statistics Mauritius estimates the number of foreign workers at 29,400 in 2018 (i.e. 4.79% of the current workforce, which […]

  A Private Equity Fund (also referred to as a Closed-End Fund) is a form of alternative investment. It is a pooling of funds from selective investors that invests directly into private companies. An investment in a Private Equity Fund is suitable for various types of investors such as an institutional investor, who is able […]

  In addition to being an internationally renowned tourist destination, Mauritius has built itself a solid reputation as a reliable and secure financial centre. Indeed, there are many good reasons to choose Mauritius for business and relocation. Mauritius is a business hub for the region and an essential platform for international trade. Many factors can […]

  We often hear about companies (public and private) making important investments globally, especially for large public companies. According to a recent Deloitte’s global survey (based on almost 1,900 private-company leaders across 30 countries), private companies and SMEs have international presence at the heart of their strategy, with about 70% of them depending on international […]

  Background of the Global Legal Advisory Licence This licence is applicable for international law firms interested in establishing regional offices in Mauritius to provide legal advisory and international arbitration services to global business clients. Such law firms will be eligible for a 5-year corporate tax holiday.   Application for Global Legal Advisory License The […]

  About Country by Country Reporting  On 22 February 2018, Mauritius proclaimed the Income Tax (Country by Country Reporting) Regulations 2018 (the Regulations). The Regulations takes effect from accounting years beginning on or after 1 July 2018. It applies to Multinational Enterprise (MNE) Groups with an annual consolidated turnover of at least EUR 750 million, and […]

  About the ‘Global Headquarters Administration’ Licence in Mauritius The ‘Global Headquarters Administration’ licence (provided to a holding company incorporated in Mauritius) allows multinational companies to set up their regional administration, procurement and accounting offices within the Mauritius International Financial Centre (IFC). It also enables them to provide headquarter services to its subsidiaries operating in […]

  What is the Insurance Broker licence? The Insurance Broker licence in Mauritius is issued by the Financial Services Commission Mauritius (FSC) to any person or company who wishes to do business as Insurance Broker in Mauritius. An Insurance Broker is defined as a person who arranges insurance business with insurers on behalf of prospective […]