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Why Mauritius?

Situated in the Indian Ocean, approximately 800km off the East Coast of Madagascar, Mauritius is a political and financially stable and mature democracy which has actively sought and welcomed foreign investors and business for many decades. The banking, communications, financial and professional infrastructure is adept at meeting the demands of international business and tax practitioners.

Key benefits.

  • Well-regulated and sophisticated jurisdiction

  • Excellent infrastructure, communications and banking facilities
  • Modern corporate legislation
  • The Mauritius Registry offers total confidentiality and does not permit access to company information held on file via company searches
  • The country has attracted more than 18,000 offshore entities, many aimed at commerce in India and South Africa
  • Investment in the banking sector has reached over USD 1 billion
  • English is the official language of business but French and Creole are widely spoken

General information about Mauritius.

Population

The population of the Island is approximately 1,300,000, composed of people of European, African, Indian and Chinese origin. Mauritius takes pride in the fact that these different cultures co-exist in peace and succeed in creating a cultural entity that is distinctly Mauritian.

Political structure

The British ruled Mauritius for 158 years until 12 March 1968, when it became independent within the Commonwealth. The Republic of Mauritius is a Westminster-style democracy.

The President is the head of state and Commander-in-Chief, while the Prime Minister has full executive power and is the head of Government.

The Members of Parliament are elected every five years by popular vote, and several political parties contest the elections every five years, reflecting the country’s firm commitment to a multi-party political system. Parliament is the legislative authority in Mauritius.

Economy

Since independence in 1968, Mauritius has developed from a low-income, agriculturally based economy to a middle-income diversified economy with growing industrial, financial, and tourist sectors. For most of the period, annual growth has been from 5% to 6%.

The government’s development strategy centres on foreign investment. Mauritius has attracted more than 15,000 offshore entities, many aimed at commerce in India and South Africa, and investment in the banking sector alone has reached over $1 billion. The economy grew by 5.0% in 2023, and the Gross National Income (GNI) per capita at market prices reached €13.89B. The unemployment rate in 2023 is estimated at about 6.3%, while inflation stood at 7.82%.

Laws, regulations and standards

The legal system of the Republic of Mauritius derives from both French and English sources. During French rule (1715 until 1810), the Island’s system was governed by the French Napoleonic Code, which remained under British rule with subsequent amendments in civil and criminal procedural laws and company law.

Mauritius, therefore, enjoys a hybrid legal system combining civil and common law practices. Though a Republic, Mauritius remains a member of the Commonwealth, and the right of appeal to the Privy Council is preserved. The Republic of Mauritius, a presidential democracy modelled on the British system of parliamentary democracy, guarantees the separation of the legislative, executive and judicial powers.

Language

English is the official language. However, the Mauritian population is largely bilingual, equally fluent in English and French. Creole is also spoken and understood by everyone.

Currency

Mauritian Rupee (MUR, Re)

Exchange control

There is no exchange control in Mauritius.

Law type

Mauritius follows Common Law for corporate matters.

Services offered in Mauritius.

  • Incorporation, management and application of Mauritius Global Business Company (GBC) and Authorised Company (AC)
  • Day-to-day company administration including opening and operating bank accounts, issuing invoices, VAT management, accounting and bookkeeping services
  • Trademark registrations
  • Mauritius yacht and ship registration
  • Registered office, virtual office, domain names and mail forwarding services
  • Provision of professional directors and nominee shareholders
  • Registered and process agent services
  • Company secretarial services
  • Corporate banking introduction and liaison services
  • Accounting and administration services
  • Payroll services
Ready to get started?

Start your Mauritius incorporation today.

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