TYPE OF GOVERNMENT
Multi party democracy
FORMS OF BUSINESS ORGANISATION
- Limited or unlimited liability company
- Private or Public
- Partnership ("Societe Civile")
- Foreign Company (branch)
- Offshore company (private, public, limited life, international companies, or partnership)
- Sole trader
TAXATION
The Mauritian income tax act is based on English income tax law. The income tax year in Mauritius starts on July and ends in June of the following year. Companies are liable to pay income tax on their income from any sources at a flat rate of 35%. A company that is incorporated in Mauritius or has its controlling interest in Mauritius, is considered for tax purposes to be a resident company. Shareholders of resident companies, whether they are themselves resident or non-resident, are liable to be taxed on dividends received. Dividends distributed by non-resident companies to their shareholders are not taxable unless that shareholder is a Mauritian citizen.
