MAURITIUS, INTERNATIONAL FINANCIAL HUB
Located in the Indian Ocean, Mauritius enjoys a stable democracy and a dynamic economy. For many years, Mauritius has been enjoying a steady growth that ranks the country at the second place in Africa in terms of GDP per capita. According to the Global Peace Index issued annually by the Institute for Economics and Peace, Mauritius has consistently been among the most peaceful countries in the world, free from conflict and violence. A true melting pot, the local population is diverse in ethnicity, culture and language. Not only is the island a haven of tranquility known for its beautiful beaches and tropical flora, over the years, it has also positioned itself as a key International Financial Services Centre renowned for its integrity and fairness.
According to "Doing Business 2020" * report published by the World Bank, Mauritius ranks 13 out of 190 in the list of most attractive countries in term of investment.
Mauritius has set up a robust regulatory framework, compliant with Basel, IOSCO and other international initiatives aimed at preventing money laundering and terrorist financing. It has signed double tax treaties with many European and OECD countries and the Convention on Mutual Administrative Assistance on June 23, 2015 as well. Moreover, the Common Reporting Standard (CRS) for Automatic Exchange of information developed by the OECD has been adopted by the state for implementation, in 2017.
Besides the government's incentives for investments, including competitive tax rules, a transparent investment code and the absence of exchange control, the country offers to the investors a stable economic and political environment, modern infrastructure, a solid judicial system and a highly skilled and dynamic workforce. Thanks to these strong advantages, Mauritius is ranked 13 in the world and first in Africa in the 2021 Economic Freedom Index.
* Source: Doing Business - 2020