Mauritius is a tiny nation in the Indian Ocean known for its pristine beaches, scenic beauty, and
a coral-rimmed shoreline. It is a popular destination for tourists from all over the world. People
from all over the globe flock towards this beautiful nation for a much-needed break in their lives
and to enjoy the natural scenic view amidst the flora and fauna that Mauritius has to offer.
In the past couple of decades, Mauritius has emerged as a global destination for investments and
Offshore Companies Registration in Mauritius. Business Registration in Mauritius is
becoming the calling card for this nation as investors, businessmen and a huge number of
corporate offices have started getting their business registered in Mauritius.
Let us examine as to how Mauritius transformed into the most sought out destination for Incorporation of Company in Mauritius.
Mauritius gained independence from the British on 12th March 1968. When this transfer of
power took place the very first government of Mauritius inherited a weakened economy with an
overdependence on agriculture and tourism. With a population of just about 1.3 million,
Mauritius is indeed a small nation with limited human resources as well as natural resources.
In order to herald the growth of this country, Mauritius took the 1st step towards self-dependence
and diversification in 1989 when it prepared a blueprint to transform itself into the prime
the destination for multinational corporations exploring options to invest in the African continent.
After years of negotiations and consultations the Mauritian government finally 1992 passed
the Mauritius Offshore Business Activity Act.
Under the new legislation, foreign companies could establish local subsidiaries with almost negligible taxation and very limited public disclosure.
Mauritius also entered into double tax avoidance agreements with as many as 46 countries with
18 of them from Africa. This allows companies and individuals who have Mauritius Company
Registration to be freed from the obligation of paying high taxes in other countries. These
intergovernmental agreements lead to massive investments by allowing companies and
businesses from either country to operate in others without being taxed by both countries for
the same income.
This long list of countries with whom Mauritius has entered into the double tax
avoidance legislation is
attractive and lucrative markets for many multinational conglomerates.
This gives the multinational conglomerates an added advantage and to prosper economically.
The way Mauritius’s tax regime has been designed along with governmental legislation and
laws make it the most popular destinations for businesses and multinational corporations to get