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The new date also puts Mauritius at par with other competing financial services hubs such as Singapore and Switzerland.

Mauritius has entered into treaties with other countries to mitigate the effects of double taxation.

The famous French writer Bernardin de St Pierre once wrote that "God was inspired by Mauritius to create paradise". Although this is a very poetic statement, the reality is not too far away from this.

Quite often, a trust is chosen as a structure to manage the business and/or family assets of a client. The reasons vary according to clients’ requirements. This article clarifies the various issues, which an individual should consider when setting up a Trust.

Small offshore jurisdictions are sometimes subject to negative public comments. One of the criticisms levelled at them is that they are tax havens, a term loaded with many undertones, such as being an ideal location for money launderers. Mauritius has had its share of such accusations, in spite of its having signed 34 avoidance of double taxation agreements (DTA) with other countries.

The Mauritian offshore industry was first launched in 1992 when it introduced the Mauritian Offshore Business Activities Act which governed the offshore financial services sector. There was also the appointment of its then regulator, the "Mauritius Offshore Business Activities Authority".

Almost by definition the experienced offshore practitioner has to be proficient (if not always an expert) in all manner of legal, accounting, taxation, regulatory and general business matters. That is to say nothing of being a mentor, confidante and occasional psychologist to one’s clients.

A discussion on what pre-entry estate and gift tax planning can be undertaken in Mauritius.

Our Managing Director, Mr. Assad Abdullatiff, has been interviewed on the local newspaper providing his expert opinions on whether there is a possibility for Mauritius to be removed from the EU

This is the Fourth Edition of the Guide, which we have produced for the information of our clients and professional colleagues. This edition takes account of changes brought about by the Companies Act 2001 and the Financial Services Act 2007.

Mauritius is now well known as an international financial services center for setting up and administering investment funds. Indeed as at 31 March 2007, more than US$36 billion were invested by Mauritius funds into equities globally, and principally in emerging markets.