Blog
Mara Delta Property Expansion: Hotel Industry
Delta Africa who recently changed its name to Mara Delta and positioned its head office in Grand Bay, Mauritius, and with whom we preserve strong business and partner relations keep proving themselves with their recent breakthrough in the hospitality sector. Mara Delta is an African property income fund with focus…
Mauritius – India DTAA Amendment: Mauritius remains preferred route for investments into India
On 10 May 2016, the DTAA (double taxation avoidance agreement) signed in 1982 between India and Mauritius was amended, which has potentially caused a major impact on relations between the two countries. At the time that India opened the doors of its economy to foreign investment, Mauritius became the preferred…
Mauritius Tax Holidays
The Mauritius Income Tax Act has recently been amended to grant Mauritius tax holidays to corporates licensed by the Financial Services Commission (FSC) and to individuals who are in employment with specific licensed corporations. These long-awaited measures have now been enacted through Regulations and we are pleased to provide you…
Amendments to Listing Rules on the Stock Exchange of Mauritius-International Issuers
In an attempt to make itself more of an attractive international platform for listed companies, the Stock Exchange of Mauritius (SEM) has recently made some amendments to its Listing Rules (dated December 2016), further to changes made to Chapter 15 for International Issuers. Some of the main amendments include: The…
Amendments to Listing Rules on the Mauritius Stock Exchange for International Issuers
In an attempt to make itself more of an attractive international platform for listed companies, the Stock Exchange of Mauritius (SEM) has recently made some amendments to its Listing Rules (dated December 2016), further to changes made to Chapter 15 for International Issuers. Some of the main amendments include: The…
The Stock Exchange of Mauritius – Dual Currency Trading Announced
The Stock Exchange of Mauritius (SEM) is today one of the leading Exchanges in Africa and a full-fledged member of the World Federation of Exchanges (WFE). The SEM is pursuing an internationalization strategy and gradually emerging as an attractive listing, trading and capital-raising platform offering international and multi-currency products. SEM’s…
Mauritius 2017 Budget – Emphasis On Tax Holidays To Encourage Development Of The Financial Sector
Mauritius has quietly gone about building its reputation as a safe, trusted and secured jurisdiction for financial services. In order to enhance the growth of the Mauritian economy and attract investors, emphasis has been placed on its competitive advantages which include a low and simple fiscal regime. This has now…
Mauritius GBC 2 Companies Now Allowed To Invest On Stock Exchange
The FSC of Mauritius has confirmed through its circular letter that as part of the Finance Act 2016 certain amendments have been enacted to allow companies with a GBC 2 category licence to invest in any securities listed on a securities exchange licensed under the Securities Act (the SEM or…
How Does The Common Reporting Standard (CRS) Impact On Mauritian Entities And Individual Investors?
Since the development and globalisation of financial markets, cross-border capital movements have been on the increase and same has rendered it rather easy for individuals and also entities to hold investments outside their own jurisdiction. By holding investments in several different jurisdictions, some may be doing so with the intention…
Ireland Ghana Tax Treaty Negotiations Concluded.
In an announcement on the 18th August 2016 the Ireland announced that it had concluded negotiations on a new DTT with Ghana. No details of the treaty itself are yet available. This adds to the 9 existing treaties that Ghana has concluded most of which are with European countries. It…