Best 7 Good Reasons to Invest in Mauritius

Mauricio has built a solid reputation as an investment center, reliable and secure in terms of good governance, as well as ethical, economic and political transparency. This small country, which combines a lively business sensation with an attractive lifestyle has achieved one of the fastest growth rates in sub-Saharan Africa.

There are many good reasons to invest there. You can start off small and quickly scale up which makes poultry farming a profitable business in Mauritius.

1. A very favorable tax system.

Mauritius has adopted a low tax rate to encourage the creation of local and foreign companies:

• Without inheritance tax

• 80% tax credits for offshore companies.

• 15% tax on company profits and personal income.

• Value-added tax at 15% (refundable)

• No dividend tax

• No customs duties or VAT on the equipment

2. Lasting political and social stability

Since its independence in 1968, Mauritius has enjoyed true political stability. His government is democratically elected every five years. The political structure is based on the British parliamentary model, following the principle of separation of powers, legislative, executive and judicial, under the watchful eye of the "fourth power", a free press.

3. An economy based on free trade.

The dynamism that has placed Mauritius in second place among middle-income African countries are the result of sustained and efficient economic management based on the principle of free trade that is adopted by the political class, the business community and the local population as a whole, for whom the protection of foreign investors has always been a priority. The Economic Freedom Index, published annually by the Wall Street Journal and the Heritage Foundation places Mauritius in eighth place in 2013 among the countries where economic freedom prevails, ahead of the United States, Britain, Japan, Germany, Malaysia, Mauritius, Srilanka, and France. The spearhead of these facilities, the Investment Board, takes its advisory function very seriously, quickly handles the files and makes it possible for economic activity to begin in three days.

4. Protection of assets and double taxation treaties.

The country has signed several treaties and multilateral agreements that guarantee the protection of investors. Member of COMESA (Common The market for Eastern and Southern Africa), SADC (Southern African Development Community) and the IOC (Indian Ocean Commission), Mauritius has also signed 37 double tax evasion agreements, which facilitate the movement of capital, asset transfers, inheritances, etc.

5. A skilled workforce

The literacy rate in the country exceeds 80% and, due to its history, the Mauritians are bilingual in English and French. The population is made up of educated and qualified young people, multidisciplinary and always attentive to training possibilities. Many Mauritians continue after obtaining local qualifications from the University of Mauritius or the University of Technology to study at foreign universities.

6. A strategic geographical position

Thanks to its position in the Indian Ocean, Mauritius is today a center of commerce, investment, and tourism, connecting Africa, India, and Asia with the rest of the world. In a convenient time zone (GMT + 4), the country is a commercial and financial center that is open for business before markets close in the Far East and after the opening of the United States.

7. Free zones/freeport

Launched in 1992, Mauritius Freeport is a free trade center for products intended to be re-exported. The goal of the government is to turn the country into a logistics and regional storage, distribution and trade zone, serving the countries of East Africa, South Africa, and the Indian Ocean. Those operating in the free port of Mauritius are exempt from the company's income tax. At the end of 2012, 254 companies were active in sectors such as re-export, container transshipment, and product assembly. The government acts as a business facilitator in most sectors and as a regulator of a small number of specific activities. In the port area, a special counter has been opened to speed up the delivery of the required permits.