• About Us
  • Privacy & Policy
  • Terms and Conditions
  • Contact
Away Some Article & Blog
  • Home
  • Mobile App Development
  • WordPress
  • Yoga
  • General
  • Lifestyle
  • Health
  • SEO
  • Write For Us
  • Contact us
  • More
    • Business
    • Web and Mobile Development
    • Digital Marketing
    • Career
    • Earn Money Online
    • Education
    • Finance
    • Hair Care Tips
    • Internet
    • Jobs
No Result
View All Result
  • Home
  • Mobile App Development
  • WordPress
  • Yoga
  • General
  • Lifestyle
  • Health
  • SEO
  • Write For Us
  • Contact us
  • More
    • Business
    • Web and Mobile Development
    • Digital Marketing
    • Career
    • Earn Money Online
    • Education
    • Finance
    • Hair Care Tips
    • Internet
    • Jobs
No Result
View All Result
Away Some Article & Blog
No Result
View All Result
Home Business

Reasons Why Mauritius is Becoming a Booming Business Hub

mubeen.sgd2 by mubeen.sgd2
July 22, 2020
in Business
0
Reasons Why Mauritius is Becoming a Booming Business Hub

Reasons Why Mauritius is Becoming a Booming Business Hub

Share on FacebookShare on Twitter

Mauritius is becoming a booming hub for investors who want to start their own business setups. Many international investors are turning to this African Island because of the business-friendly environment it provides. Other than providing convenience for setting up your company, the process for company registration in Mauritius is quite hassle-free. As a result, many international companies are expanding their businesses here because it’s one of the most open economies in the African region.

ADVERTISEMENT

Here are some of the reasons why Mauritius is attracting a lot of investors and companies.

Appealing & Convenient Tax System:

The government of Mauritius is doing its best to create an investor-friendly tax system. They are striving to create an environment that is suitable for the growth of both local “& international companies. The following are the tax benefits that investors and business owners enjoy in Mauritius.

  • 80% tax credits to offshore companies.
  • No inheritance taxes. The system is so tax-efficient that the monetary benefits of inheritors increase.
  •  If VAT is taken on equipment then custom duties are exempted.
  • Double Tax Avoidance Agreement with 34 countries.

Easy Company Registration Process:

The company registration process in Mauritius is quite easy. You can just complete it in the following three steps:

  • Firstly, you will have to visit the website of the Economic Development board to gather information regarding the registration process. This website is quite user-friendly so you will be able to find all your required information.
  • After gathering the required information, the next step is to choose a law firm that will file and complete documents on your behalf. Engaging a reputable and trustworthy law firm is crucial as they will be liable for providing you with a financial strategy and investment plan.  
  • Once you have all the required documents, you will have to open the economic development board website again to complete your registration process. Start by clicking on the company registration link. After that, click on the link to register and login to your CBRIS. Lastly, after completing the form keep your BRN number safe.  

Free Market Economy:

Mauritius enjoys a free market economy which means there is no limitation over exchange control. It makes it easier to transfer dividends, capitals, and profits out from Mauritius to other countries. As a result, you can easily transfer the profits that you make in Mauritius to the country where your headquarter is present. Because of this free market economy, many companies are relocating their branches here.

Suitable Time Zone:

Mauritius lies in the east of Madagascar. Because of its strategic location in the Indian Ocean, it enjoys a convenient time zone that is suitable for doing business in both Europe, Asia, and the American continent. You can easily do business in Europe, Asia, and America during the same day.  

Protection for Foreign Business Owners:

Mauritius is one of those few countries in the world that provide investor protection. Being a signatory of numerous treaties and multilateral trade agreements, the country ensures the protection of the investors.

Political and Social Stability:

Ever since its independence in 1968, the country of Mauritius is experiencing political stability and a good market-driven economy. Because of the stable political environment, this island is progressing rapidly.

Free Ports:

Mauritian Freeport organization was set up in 1992 and since then it is providing a custom-free zone for reexported goods. The government of Mauritius wants to promote its country as a regional warehouse. It aims to help in providing marketing, distribution, and logistics services for Eastern & Southern Africa in the Indian ocean.   

Offshore Asset Protection:

Mauritius has more than 37 tax treaties and more treaties are under negotiation. Moreover, Mauritius also enjoys the OECD white list jurisdictions as it is a tax-efficient country. Other than this, it also reaps the benefits from the vast network of double taxation treaties that will grant protection of your wealth in case of political or economic instability. Because of this reason, many international investors tend to maintain a bank account in Mauritius to enjoy endless wealth protection.  

Apart from this, entities having double taxation trust holders can transfer their wealth to their successors in a tax-efficient way.

These are some of the reasons why Mauritius is emerging as a new business hub in the African peninsula.

Tags: business consultantscompany registration in mauritiusmauritius offshore company formationoffshore company registration
Previous Post

Best SEO Techniques for Multiple Location Businesses

Next Post

Top 7 Weight Loss Supplements in India

mubeen.sgd2

mubeen.sgd2

Next Post
Top 7 Weight Loss Supplements in India

Top 7 Weight Loss Supplements in India

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Subscribe To Our Newsletter

  • Trending
  • Comments
  • Latest

Coin master free spin and coin links

March 7, 2021
Latest And Most Exciting Trends In Mobile App Design In 2020

Latest And Most Exciting Trends In Mobile App Design In 2020

August 8, 2020
austin-distel-VwsuhJ9uee4-unsplash

6 Things You Must Know Before Starting an Online Business

August 23, 2020
How to Estimate the Time, Cost, and Deliverables of an ML App Project

How to Estimate the Time, Cost, and Deliverables of an ML App Project

August 1, 2020
Getting Amazing Results on your Carpet Without a Steam Cleaner

Getting Amazing Results on your Carpet Without a Steam Cleaner

2
How to calculate returns on FDs?

How to calculate returns on FDs?

2
Dissertation Writing Help

Most Common Problems Students Face With Writing Dissertations

2
hair-growth-long-hair-stock-today-180622-main-art_698aa92eb44df10ec28944776bdbc015.fit-760w

Learn How to Grow Hair Fast

2
Data Analytics VS Data Science: Definition, Differences, and Career Opportunities

Data Analytics VS Data Science: Definition, Differences, and Career Opportunities

March 5, 2021
Top 10 WordPress Tips For Beginners in 2021

Top 10 WordPress Tips For Beginners in 2021

March 5, 2021
Top 10 WordPress SEO Tips & Techniques to Boost Rankings

Top 10 WordPress SEO Tips & Techniques to Boost Rankings

March 5, 2021
Why Startups & Entrepreneurs Need Project Management in 2021?

Why Startups & Entrepreneurs Need Project Management in 2021?

March 4, 2021

Recent Blog

Data Analytics VS Data Science: Definition, Differences, and Career Opportunities

Data Analytics VS Data Science: Definition, Differences, and Career Opportunities

March 5, 2021
Top 10 WordPress Tips For Beginners in 2021

Top 10 WordPress Tips For Beginners in 2021

March 5, 2021
Top 10 WordPress SEO Tips & Techniques to Boost Rankings

Top 10 WordPress SEO Tips & Techniques to Boost Rankings

March 5, 2021
Why Startups & Entrepreneurs Need Project Management in 2021?

Why Startups & Entrepreneurs Need Project Management in 2021?

March 4, 2021
ADVERTISEMENT
Away Some Article & Blog

Submit A Guest post | Away Some Article & Blog

Follow Us

Browse by Category

  • Accounting
  • Accounting software
  • Architecture
  • Automobile
  • Automotive
  • Beauty
  • Best Exercises
  • Biography
  • Bitcoin
  • Blockchain
  • Business
  • Career
  • CBD
  • Computer
  • Content Management System
  • Corona virus
  • COVID-19
  • Dentist
  • Designing
  • Digital Marketing
  • Digital Marketing Trends 2020
  • Drupal 8
  • Drupal 9
  • Earn Money Online
  • eCommerce Businesses
  • Education
  • Electronics
  • Entertainment
  • Face
  • Facebook
  • Fashion
  • Finance
  • FinTech apps
  • Fitness
  • Food
  • Furniture
  • Gadgets
  • Games
  • Gardening
  • General
  • Gift
  • Google Flutter
  • Graphic Design Services
  • Graphics Cards
  • Guest Post
  • Guest Posting
  • Gym
  • Hair Care Tips
  • Health
  • Holiday Accommodation
  • Home improvement
  • Household
  • Interior Design
  • Internet
  • Jewelry
  • JioMart News
  • Jobs
  • Kitchen
  • Laravel Development
  • Law
  • Legal
  • Lifestyle
  • Loan
  • Magento 2
  • Magento 2 App Development
  • Marketing
  • Medical
  • Medical Store
  • Men's Health
  • Mental Health
  • Mobile & Web Development
  • Mobile App Development
  • Mobile Recharge
  • Movies
  • Moving and relocation
  • MVP Development
  • News
  • Office Furniture
  • Online Business
  • Other
  • Park
  • Party
  • Photography
  • Psychologist
  • RAKHI
  • Real Estate
  • Recruitment Services
  • Restaurant
  • Restoration Company
  • Rose
  • SEO
  • Skin
  • Smartphones
  • Social Media
  • Social Media Marketing
  • Software
  • Sport
  • Teaching
  • Technology
  • Telecom
  • Tiles
  • Tips
  • Travel
  • Traveling
  • Uncategorized
  • Use Integrity Scanning
  • Villa
  • VoIP
  • Web and Mobile Development
  • Web Designing
  • Web Development Services
  • Website development
  • Women
  • Wordpress
  • Yoga
  • Yoga Therapy

Recent Article

Data Analytics VS Data Science: Definition, Differences, and Career Opportunities

Data Analytics VS Data Science: Definition, Differences, and Career Opportunities

March 5, 2021
Top 10 WordPress Tips For Beginners in 2021

Top 10 WordPress Tips For Beginners in 2021

March 5, 2021
Top 10 WordPress SEO Tips & Techniques to Boost Rankings

Top 10 WordPress SEO Tips & Techniques to Boost Rankings

March 5, 2021
Why Startups & Entrepreneurs Need Project Management in 2021?

Why Startups & Entrepreneurs Need Project Management in 2021?

March 4, 2021
How to Choose the Right iPhone App Development Company for Your Business?

How to Choose the Right iPhone App Development Company for Your Business?

March 4, 2021

Buy Steroids, But For Positive Use

March 4, 2021
PRINCE2 Practitioners on Telecom Applications – A Real Security Hole?

PRINCE2 Information Security Projects aren’t Enough to Protect You Online

March 2, 2021
  • About Us
  • Privacy & Policy
  • Terms and Conditions
  • Contact

Copyright © 2020 Away Some Article. All rights reserved.

No Result
View All Result
  • Home
  • Magento 2 App Development
  • WordPress
  • SEO
  • Yoga
  • Lifestyle
  • Health
  • Write For Us
  • Contact us

Copyright © 2020 Away Some Article. All rights reserved.