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FATCA Compliant: Mauritius signs agreement with the US  07-01-2014

The Gove
ment of Mauritius has signed a Tax Information Exchange Agreement ("TIEA") and an Inter-Gove
mental Agreement ("IGA") with the USA in view of implementing the Foreign Account Tax Compliance Act ("FATCA") on 27 December 2013.
The main objective of the FATCA is to identify US citizens behind foreign financial holdings and communicate ...

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Administrative Penalties for late filing of Accounts & Reports 27-12-2013

The Financial Services Commission (“FSC”) has, under section 93 of the Financial Services Act 2007, issued a new set of Rules which introduces, for the first time, financial administrative penalties for non-compliance of obligations.
For more info, please click here>
...

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OECD Report 2013 - Mauritius largely compliant 29-11-2013

The OECD report, presented at the sixth meeting of the Global Forum On Transparency and Exchange of Information for Tax Purposes held in Jakarta on 21-22 November 2013, evaluates Mauritius as being largely compliant with global tax laws on par with jurisdictions like Singapore, the Netherlands and the United Kingdom. The evaluation of jurisdictions by the OECD is carried o ...

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Mauritian Authorities taking the first step to AIFMD compliance 29-11-2013

In order to meet the compliance requirements of the Alte
ative Investment Fund Managers Directive (AIFMD), the Financial Services Commission (FSC) has recently signed a cooperation agreement with the European Securities and Markets Authority (ESMA) that will allow Mauritius-licensed Alte
ative Investment Funds (AIFs) to continue to be marketed in Europe under the private ...

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Listing in Mauritius 22-11-2013

ITL boasts a full-fledged dedicated Listing Division capable of offering a combined package (one stop shop) of corporate services, broking services as well as legal advisory.
Please click here for more info
...

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Mauritius Budget 2014 12-11-2013

The 2014 Budget recognizes that a continued increase in commercial substance is crucial for the growth of the Financial Services Sector.  Click here to view the budget brief. ...

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Mauritius ranks 20th on Overall Ease of Doing Business 2014 30-10-2013

Mauritius ranks 20th in global rankings on Overall Ease of Doing Business 2014 and tops Africa's sub-saharan economies, according to the World Bank - Doing Business 2014 Report. 
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Mauritius classified among the top ten globally - 2014 Index of Economic Freedom 24-10-2013

Mauritius has been upgraded from 8th to 7th position out of 144 countries, according to the 2014 Index of Economic Freedom (Forthcoming January 2014). 
The latest rankings of trade freedom around the world, developed by The Heritage Foundation and The Wall Street Jou
al in the forthcoming 2014 Index of Economic Freedom show that countries with the most trad ...

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Mauritius ranks 1st in 2013 - Ibrahim Index 17-10-2013

Mauritius ranks 1st out of 52 African countries in terms of overall Gove
ance. Mauritius is one of eight countries to have remained consistently in the IIAG’s top ten since 2000. Mauritius ranks first in the category Sustainable Economic Opportunity and first in the sub-categories Personal Safety, Business Environment and Welfare. For more information, clic ...

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Gabonese President, Ali Bongo, on official visit to Mauritius 14-10-2013

The Gabonese President Ali Bongo, with a group of delegates, will be on an official visit in Mauritius as from 16 to 18 October 2013. The President will be signing several agreements with the Mauritian authorities, inter-alia: a General Agreement providing for cooperation on a wide range of fields, including trade and investment, Information and Communication Technologies, ...

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