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Focus On The Mauritius Stock Exchange (SEM)
Focus on the Mauritius Stock Exchange (SEM) Mauritius is fortunate indeed to be home to the SEM. It is a well regulated stock exchange supporting a country with a vibrant local economy. With Mauritius now well recognised as the gateway to Africa, it will be interesting to see how the…
Cayman Islands Companies Makes Filing Changes and Offers Amnesty
The Companies (Amendment) Law 2015 has recently been passed by the Cayman Islands Legislative Assembly. The amendment will commence on Monday, 2 November 2015. The Act eases the financial penalties and timing requirements, for the late filing of changes in directors and officers. As from 2nd November 2015, Cayman companies…
Mauritius Signs Investment Promotion and Protection Agreement with UAE
September 2015 has seen the entry into force of a further Investment Promotion and Protection Act (IPPA). This was announced by the Mauritian Minister of Finance and Economic Development and the Zambian representative on the 20th September. IPPA are important ancillary treaties to the existing double tax treaty with the…
Mauritius Introduces Citizenship By Investment
For many years Mauritius has run a variety of investment schemes such as the IRS and RES schemes. These schemes provided that a non-citizen invested some $500 000 into various approved property schemes that the individual, their spouse, and dependents could obtain a right of residence in Mauritius. The Investment…
Mauritius Rated Highest Ranking Country In Africa By The Global Opportunity Index
The Global Opportunity Index is an index designed to examine the attractiveness of a country in attracting FDI. As such it looks at a composite group of factors including economic fundamentals, ease of doing business, regulatory quality, and rule of law. In the recently released survey Mauritius ranked 1st in…
South Africa Mauritius DTT Renegotiated
South Africa and Mauritius renegotiated their treaty in 2013. That treaty was ratified by the Mauritius Government in May 2015. The New DTA is to be effective from 1 January 2016. The most important aspect of this is that Mauritius Revenue Authority (MRA) and the South African Revenue Service (SARS)…
South Africa Mauritius MOU Redetermining Residence
South Africa and Mauritius renegotiated their treaty in 2013. That treaty was ratified by the Mauritius Government in May 2015. The New DTA is to be effective from 1 January 2016. Under the new treaty South Africa and Mauritius have entered into a MOU in terms of which they spell…