As Africa’s most widely praised democratic developmental state, Mauritius has made a giant leap from being a low-income, sugarcane-dependent economy at independence in 1968 to now being classified as an upper-middle income diversified economy, writes Richard Neal, Managing Director of Sovereign Trust (Mauritius).
The Mauritius government is pro-trade and investment and has strategically positioned this island of 1.3 million people as the ideal investment bridge between Africa, Asia and Europe.
It’s not just the competitive tax rates and incentives that make it highly attractive to international investors. Businesses also benefit from 100% foreign ownership, no minimum foreign capital requirement, no tax on dividends or capital gains, free repatriation of profits, dividends and capital, and access to an extensive network of tax and trade treaties.
Mauritius further offers attractive residency options through retirement permits, real estate investments and investor permits. These pathways make it an appealing destination for individuals and families who are looking to relocate or invest in a stable and secure environment on a tropical island in the Indian Ocean.
Mauritius has built a diversified and competitive economy. Key sectors now include tourism, financial services, information technology and manufacturing. The World Bank identified education, healthcare and renewable energies as economic sectors with a potential for higher economic growth, highlighting the importance of innovation as a crucial element for Mauritius.
Mauritius is more than just a beautiful island; it is a thriving business hub that facilitates global expansion, particularly into Africa. Whether you’re a start-up or an established enterprise, or just looking for somewhere beautiful to live, to be a part of the Mauritius success story, please contact us.
Managing Director - Sovereign Trust (Mauritius) Limited
Why choose Mauritius as your business gateway?
Mauritius, often called the gateway to Africa, is more than just a picturesque island. It stands as a strategic hub for businesses aiming to expand into African markets and beyond. Here’s an in-depth look at why Mauritius should be your top choice for international business operations.
Mauritius is strategically located in the Indian Ocean, about 2,000 kilometres east of mainland Africa, making it an ideal bridge between Africa, Asia and Europe. Its time zone (GMT+4) aligns well with major global markets such Africa, the Gulf and Europe, enabling businesses to manage operations efficiently and ensure real-time communication with partners and clients worldwide.
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SAF’s Make It Better Programme offers a Roy of hope
This month, the Sovereign Art Foundation launched the new semester of its Make It Better Programme (MIB), which offers weekly expressive arts’ activities to children from low-income backgrounds and with special educational needs (SEN) in Hong Kong.
Our dedicated team of registered Expressive Arts therapists recruited over 100 SEN children from some of the cities’ most disadvantaged neighbourhoods over the summer. A total of 14 groups will attend our weekly workshops this year, consisting of seven groups of primary school students and seven groups of kindergarten children.
5 Questions With James Elliot-Square - Regional Business Development Manager
James is the Regional Business Development Manager at Sovereign PRO Partner Group, responsible for overseeing business development across the GCC region. Based between Sovereign’s Dubai and Riyadh offices, James leverages his extensive knowledge of the UAE and KSA markets to guide clients in successfully establishing their businesses in the region. His deep understanding of local cultures, combined with his passion and commitment to transparency and integrity, make him an invaluable partner to clients navigating complex company formation processes.
Please contact us if you have any questions or queries and your local representative will be in touch with you as soon as possible.
