October 2020 | Mauritius: the preferred platform for doing business in Africa
We are happy to welcome you to our latest newsletter, which focuses on Mauritius as a business hub. Considered among the leading International Financial Centres by the African and global business community, Mauritius is the preferred platform for doing business in Africa.
With this in mind, we want to share with you, in this edition, insights as to why the jurisdiction is ideal for the setting up of offshore companies and for offshore banking activities, among others.
We wish you a pleasant read!
The reasons for setting up an offshore company in Mauritius
For the formation of your offshore company, you need to choose an offshore jurisdiction that is internationally compliant and cost-effective. To date, over 20,000 offshore companies and funds are established in Mauritius. The country is a leading platform for investors and corporates around the world and offers a number of benefits.
Benefits of offshore banking: why you need
to open an offshore bank account
Considered to be reserved for financial experts, investors, multinationals or High-Net-Worth Individuals, offshore banking is today more accessible to individuals looking to take advantage of the benefits of offshore banking. We tell you everything you should know about offshore banking.
Mauritius has been included on the European Union’s list of high-risk countries in May 2020. However, considering the progress made in addressing the requirements of the EU and the Financial Action Task Force (FATF), we expect to be removed from this EU’s list within the next 6 months.
Do not hesitate to contact us should you require further information.