Additional information


en			ru			jp

Finance Lounge

Add privatebanking.com as a search provider to your browser

Advanced Search

Private Banking & Wealth Management search tool

Search entity

Amicorp (Mauritius) Limited.

Back

Review Avg.
Reviews:	0

Contact Page

Additional information

Write Review

Browse Review

Additional information

Amicorp (Mauritius) Limited.

Overview:

Located at the crossroads of Africa and Asia, Mauritius is one of the fastest growing economies in sub-Saharan Africa. It has moved from a mono-crop sugar-dominated economy to being services oriented.

Widely connected, Mauritius has signed investment and promotion and protection agreements (IPPAs) with a number of African countries and is a member of the:
Common Market for Eastern and Southern Africa (COMESA)
Southern African Development Community (SADC)
Indian Ocean Rim Association for Regional Corporation (IOR-ARC)
Mauritius is an attractive jurisdiction for structuring global investments, largely because of the modern user-friendly legislation enacted by the government. The adoption of best practices and principles in the legal environment has quickly made the location prominent for offshore financial services. Furthermore, Mauritius is well regulated and enjoys a reputation as a low tax jurisdiction, without the stigma of being labeled a tax haven.

A significant advantage is that the legal framework governing companies and trusts is among the most modern of all jurisdictions. Mauritius has adhered to the new international requirements, with a view to tracking money laundering and combating terrorism financing, and has enacted appropriate legislation in this respect. Global business companies may be used advantageously in line with Mauritian double tax agreements (DTAs), in view of the nil or low withholding tax rates on interest, dividends and royalties provided in the treaties.

Mauritius also offers a host of fiscal incentives, including:
Companies holding a Category 1 global business license (GBC1) are subject to low tax rates;
Companies holding a Category 2 global business license (GBC2) are tax exempt;
No exchange control in force;
No withholding tax on remittance of branch profits, interest, royalties and dividends;
No capital gains tax;
No estate duty, inheritance, wealth or gift taxes;
No stamp duties, registration duties and levy;
Zero-rated value added tax for global business transactions;
No minimum capital requirement;
The minimum number of shareholders is one and there is no need for shareholder(s) to be resident in Mauritius.
Languages spoken: English, French, Creole, Hindi, Urdu and Tamil

Back

Privatebanking.com

Get the attention you always wanted and promote your corporate image and standing by benefiting from our state of the art interactive web presence.

Ascent Limited

Experience The Difference. Ascent Limited provides first class wealth management and family office services. Our private banking team, assembled from a group of highly experienced banking professionals, will provide financial advice tailored to your individual requirements and keep your portfolio in tune with the latest market developments and opportunities.

©	Copyright by PRIVATE BANKING.COM 2002- - All rights reserved.