Tax in Mauritius
Fiscal Regime
Mauritius has one of the world’s most competitive fiscal regimes. It is ranked 11th best out of 181 countries in the “Paying Taxes” category of the World Bank Doing Business Report 2009.
Key highlights:
- 15% Corporate and Personal Income tax rate
- 15% VAT (refundable)
- Tax free dividends
- No capital gains tax
- Exemption from customs duty and VAT on equipment
- Free repatriation of profits, dividends and capital
- Concessionary electricity rates
The Occupation Permit (OP) allows an eligible non-citizen to live and work in Mauritius for up to three years. The OP is delivered within 3 working days to a non-citizen. An application can be made under any of the following categories:
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Investor: The business activity should generate an annual turnover exceeding Rs. 3 million (US$ 90,900)
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Professional: The basic salary of the professional should exceed Rs 30,000 a month (US $900)
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Self-Employed: Income from the self- employed business activity should exceed Rs 600,000 annually (US$ 18,200)
Acquisition of property for business purpose: an investor registered with the Board of Investment can acquire immovable property for business purposes i.e. development of office building. 100% foreign ownership is possible.
Click here to view research guide in Mauritius Tax law
Custom tariff
The link to Customs web site is http://www.gov.mu/portal/site/custom or all customs information can be obtained from the official web site of the Mauritius Revenue Authority on http://mra.gov.mu
Recognition
Mauritius has earned recognition as being a reliable, competitive and Tax-efficient platform
