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As announced in our E-Alert on 6 June 2023, the Minister of Finance, Economic Planning and Development (Minister of Finance) had previously tabled the Mauritian National Budget...

Minister of Finance Dr Renganaden Padayachy presented the Mauritius National Budget 2023/2024 on 2 June, which was focused on strengthening, continuing and sustaining the economy.

Mauritius has, over the years, built a thriving and trustworthy financial sector. An EU blacklisting will taint the reputation of its offshore sector as one among the safest in the region.

A review of the treatment in Mauritius, the United States and the European Union of the offence of insider trading confirms the contrasting approaches which these jurisdictions have adopted on the issue...

International trade transactions play a crucial role in the global economy, facilitating the exchange of goods and services across borders.

Dr The Honourable Renganaden Padayachy, Minister of Finance, Economic Planning and Development presented the National Budget 2022 – 2023, his third Budget on Tuesday 07 June 2022.

The Mauritius Budget 2026/27 introduces major reforms to strengthen the country’s international financial centre, attract global investment and support business growth. Key measures include a new Golden Visa programme, changes to the Work and Live Scheme, fintech regulation, tax reforms, manufacturing incentives and enhanced compliance frameworks.

The Mastercard Foundation study on Africa as a jurisdiction for domiciling investment vehicles, analysed 13 African countries and found that 60% of Africa-focused...

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.

One recurring theme runs through the articles and news items published in this issue. That theme is the opening up of the economy, and it is indeed a compelling challenge for Mauritius, if we are to succeed in overcoming the difficulties inherent in the small size of our domestic market and in adapting ourselves to the exigencies of global competitiveness.

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".

Mauritius used to rely mainly on its sugar and tourism industries, but the Government of Mauritius has sought to diversify and remains active in trying to develop new sectors to create growth...

The measures announced by the Minister of Finance, Economic Planning and Development in the National Budget 2022-2023 came into force on 02 August 2022 through the Finance...

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.