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The Mauritian Advantage

The strategic location of Mauritius as a gateway to Africa, coupled with its political stability in the region, its transparent legal structure and a business friendly environment makes Mauritius an ideal location for hosting a global exchange of the envisaged magnitude. The island republic has all the components of a modern day financial ecosystem –

  • Regulatory Framework – The regulator for the non-bank financial services sector i.e. Financial Services Commission (FSC) is an internationally recognized financial supervisor with over 35,000 companies registered with it.
  • Offshore Financial Centre – Mauritius is one of the fastest growing offshore financial centers in the offshore world. Due to the implementation of new European Tax Saving Directives and the ever increasing tightening of legislation in traditional offshore jurisdictions like the BVI has made Mauritius an attractive alternative jurisdiction for offshore company incorporation. This is further enhanced by the existing strong liberal economy in Mauritius as well as a very reputable banking system. A Mauritius Offshore Bank provides a wide variety of offshore banking services.
  • Legal Structure – Based on French civil law system with elements of English common law in certain areas, the legal structure in Mauritius is one of the most transparent in the African region and a major reference for the Commonwealth countries in as far as its independence is concerned. Appeals to decisions of the Supreme Court of Mauritius could be made to the Judicial Committee of Privy Council, UK which is the highest court of appeal for Mauritius.
  • Good Governance – Mauritius is ranked first in the Ibrahim Index of African Governance for 2009. This index is prepared by the Mo Ibrahim Foundation and the latest ranking took into account data and achievements for the period 2007 to 2008.
  • Port – One of the major transit ports in the region. The ports have undergone major improvements over the recent years and is now of world class standards.
  • Ease of Doing Business – Currently ranked 17th in the world, Mauritius leads the pack for the Sub-Saharan region in the World Bank “Doing Business” ranking relative to the facilities extended to both the global and local business community.
  • Government and Business relationship – Mauritius has been actively involved in regional co-operation and is a member of the Common Market for Southern and Eastern Africa (COMESA), the Southern African Development Community (SADC) and the proposed Indian Ocean Rim Association. Mauritius also has an ever expanding network of double taxation treaties which have made it the major route for investments into China, India, Indonesia as well as South Africa.
  • Manpower – Mauritius has a large pool of skilled and multilingual workforce. Most Mauritians speak both English and French fluently apart from Creole and many Indian languages.