For Strategic Partners … Why Mauritius?
About Mauritius.
Mauritius is a diverse and multicultural nation of 1.3 million people, offering a range of investment opportunities in different sectors.
Ease of doing business ranking (No.1 in Africa and No. 13 globally - Forbes Magazine) and stable governance creates the perfect business climate.
Why Doing Business in Mauritius?
Star and Key of the Indian Ocean.
The island is often referred to internationally as the “Star and Key of the Indian Ocean”. “Star” for its strategic location on the network of air and sea routes between Asia, Europe and Africa and “Key” as an international financial hub of excellence that ‘unlocks’ business opportunities and access to the African and Asian continent.
Safe hub serving Africa and Asia Pacific.
Mauritius has the most enabling and appealing business environment in the sub-Saharan African region. Politically stable and fully secured, the island enforces a strong independent hybrid judiciary system based on the French Civil Code and the British legal System. It has strong public and private supporting and collaborative institutions and a working democracy with a free press. Mauritius ranked among the 24 countries considered as “Full Democracy” by the Economist Intelligence Unit in 2023 and is the only country in Africa to be considered as such.
Good Governance and Investment Protection.
High Literacy Rate.
Local labour force is bilingual, often trilingual with English and French being the main languages used together with the native Creole. The rate of literacy is about 93%. The opening up of the economy has had a favourable impact on the growth rate of the country with increased transfer of technology, knowledge, talents and capital. In its pursuit to become a high-income economy, Mauritius is actively encouraging foreign talents, know-how and investment into the country.
Other Key facts about Mauritius:
- Well-located to serve our markets with one of the world's best Freeports serving both marine and air transportation.
- Forbes magazine has ranked the tiny Republic of Mauritius as the 13th easiest country in the world in which to do business. The business climate is friendly and supportive.
- Mauritius has a sophisticated, transparent and well-regulated international financial centre with a conducive ecosystem offering a complete range of financial products such as treasury management centres, global funds, protected cell companies, captives, family offices and trusts.
- Favourable taxation with corporate tax rates as low as 3% and in some cases, an 8yr tax holiday for high tech startups like Graphene Solutions.
- No capital gains tax.
- Personal 15% flat tax on earnings.
- No inheritance tax.
- Strong support for innovation from government-backed organizations like Mauritius Research and Innovation Council (MRIC) and Economic Development Board (EDB).
- Under the radar for recent global tariffs and trade (US tariff for Mauritius is currently 15%).
- Strong trade agreements with EU, UK, India, African countries, North America.
- The World Bank reports from 2024 state a Gross Domestic Product of 14.95 billion USD with an annual growth rate of 4.7%. GDP per capita is 11,871.73 USD and Gross National Income is 43.25 billion PPP dollars.