Taxation of Insurance Companies
Where a company carries on a life assurance business in conjunction with any other insurance business, the life assurance...
Mauritius offers a favourable tax environment to attract local and foreign businesses. Local companies benefit from a 15% corporate tax rate, while global business sector entities are taxed at the same rate. Foreign tax credits are granted up to the full Mauritius tax amount, with a system allowing for a reduction to 3% on qualifying income. Additionally, the absence of capital gains tax, withholding tax on dividends, and estate duty make Mauritius an appealing destination for investment and business growth.
Corporate Income Tax Rates
Current Normal Rate: 15% Tax Incentive Companies: 15% Companies listed on the Stock Exchange (including a subsidiary of a...
Unilateral Relief
If a resident of Mauritius derives income from a foreign country that has not concluded a tax treaty with...
Scope of Double Taxation Avoidance Treaties
All Mauritian double taxation avoidance treaties are based on the OECD Model Treaty of 1977. Under the post-independence treaties...
Eligible Entities for Tax Treaty Benefits
Tax treaty benefits are only available to resident entities or persons. Accordingly, a resident entity must be liable to...
Double Taxation Agreements
Mauritius has focused the development of its Global Business centre on the use of its growing network of double...
Investment Tax Credit
A company that subscribes to the share capital of a tax incentive company on the Stock Exchange is allowed...
Exempted Income
Various types of income are exempt from income tax, including: All exempt incomes are specifically stated in the Second...
Foreign Tax Credit
A company that has incurred a tax on its foreign source income is entitled to the following tax credits...
Interest on Foreign Corporations
Interest arising in Mauritius and paid to a foreign corporation is subject to tax at the corporate rate of...