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It is no secret that plans to allow foreign law firms to operate in Mauritius have met with a mixed reception since the announcement made in the Budget Speech 2007 to bring amendments to the existing Law Practitioners Act 1984.

By their very nature, all trusts are there to protect assets. In practice, however, the degree of protection will invariably depend upon the overriding trust law in the jurisdiction chosen, the physical location of the assets held and the rigour with which any Court may pursue those assets in the event that it decides so to do.

A global business company is distinct from a domestic company and is licensed by the Financial Services Commission of Mauritius.

The Mauritius Freeport is a duty-free logistics, distribution and marketing hub for the African / Asian region.

Protected Cell Companies (PCCs) were introduced in Mauritius by the Protected Cell Companies Act No. 137 of 1999. Initially thought to be a suitable structure for the business of insurance, it was also worked out to become a versatile vehicle for collective investment funds and for asset holding in Mauritius.

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.