1
• A state-of-the-art medical system
• Advanced education system ( public and international schools , universities )
• Modern infrastructures
• Road network systems for the whole country
• Extensive public transport network
• Trilingual country ( French , English , Creole )
• International air services ( Africa , Middle East , Europe , Asia )
2
• 15 % tax on income
• 15 % VAT
• 15 % corporate tax
• Solidarity Levy : 25 % for income over Rs 3M
• 46 double taxation avoidance tax treaties ( DTAA )
• Free repatriation of profits , dividends and capital
• No tax on interest and dividends at source
• Exemption from customs duties on equipment
• No capital gains tax
• No inheritance tax for direct descendants
3
Excellent living conditions
An attractive tax system
Political stability and good governance
• Independent country since 1968
• 15 embassies and 53 consulates
• Multiparty parliamentary democracy
• Regular political changeover
• Independent institutions
• Member of the United Nations
• Member of the International Court of Justice
4
• Member of regional and international organisations ( SADC , COMESA , IOC , IORA ...)
• Liberal economy
• No foreign exchange controls
• Protection of foreign investments ( IPPA agreement )
• Strict legal framework : - Business facilitation Act 2006 - Companies Act 2001 - Business Registration Act 2002 - Financial Services Act 2007 - Investment Promotion Act 2000 - Trust Act 2001
5
A thriving economy
A heavenly setting
• Tropical climate
• Average of 9 hours of sunshine per day
• 177 km of coastline
• An island at the intersection of cultures
• UNESCO ( cultural heritage ): Aapravasi Ghat ( 2006 ), Morne Brabant ( 2008 )
• UNESCO Biosphere Reserve : Macchabée-Bel Ombre region ( 1977 )
• 30 walking and hiking trails
• 8 protected endemic sanctuaries ( PES )
• Ten 18-hole golf courses
• Recognised areas for surfing , kitesurfing , diving and boating
THE MAURITIAN CONTEXT 1CHAPTER
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