A Sound Base For The New Millennium

It has been more than six years since Mauritius initiated comprehensive offshore legislation. Over the years scepticism has thawed away as a number of positive developments began to unfold. From the outset Mauritius had the necessary characteristics to position itself as a business hub to service the region. The island's solid economic base, along with its natural comparative advantages of geography and time zone, as well as its rich human resource base and network of tax treaties have been and continue to be at the basis of the success of the Mauritius offshore centre.

The offshore sector's progress over the past few years has established a sound base for the development of offshore business services in the new millennium. Whilst Mauritius launched its offshore sector in the early nineties by becoming progressively a niche channel for inward investment in India, the country is now gradually diversifying into new markets by focusing on China, South East Asia, and more strongly on