Introduction
Over the last 20 years, Mauritius has established an enviable
reputation in the global financial services industry and it is
increasingly seen as a jurisdiction of choice for structuring
investments in Africa, India and China through collective
investment schemes and joint-venture companies. Also on the rise is
the setting up of Mauritian trusts and the administration thereof,
which is partly due to the fact that the Trusts Act 2001 of
Mauritius (the "Trusts Act") is recognised as a modern
piece of legislation by leading lawyers and other professionals
specialising in this practice area. In addition, Mauritian
corporate trustees are increasingly providing back office
operational support to the administration of foreign trusts. This
is motivated inter alia by two factors: the availability
of qualified people and world class infrastructure at a lower cost
resulting in a considerable reduction in operational costs to the
benefit of the client.
