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 relatively low tax jurisdiction with an investor-friendly environment to encourage both local and foreign companies to set up businesses in Mauritius.
Local companies in Mauritius enjoy a low corporate tax rate of 15%, and companies in the global business (formerly offshore) sector are also taxed at a corporate rate of 15% on business profits. However foreign tax credits are allowed to the full extent of the Mauritius tax for taxes paid at source. There is also a system of foreign tax credits of 80% that effectively reduces the income tax rate to 3% on the qualifying income of the company.
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...