Legal Market Overview
Mauritius welcomed two new international law firm brands to its shores during 2019: PwC Legal (Mauritius) Ltd opened its doors its January, while South Africa-headquartered Bowmans launched in October, through a combination with local outfit FirmWise. Other foreign players already on the ground include Appleby, Dentons (Mauritius) LLP, ENSafrica and Eversheds (Mauritius) Ltd (a member of Eversheds Sutherland). In addition, Juristconsult Chambers is a member of the DLA Piper Africa group.
The new arrivals demonstrate that the much-publicised elimination of the capital gains tax exemption between Mauritius and India in 2016 has not dented investor interest in the country. The island remains a major hub for regional financial services and has also benefited from recent moves to establish it as a centre for fintech, with the Mauritian Financial Services Commission recently creating a new regulatory framework for digital asset custodian services.
Mauritius maintains a hybrid legal system, which draws inspiration from both civil and common law practices. Similar to the British system, the legal market is served by both barristers and attorneys. However, barristers outnumber lawyers in Mauritius and often advise on non-contentious matters as well as litigation.