Tax Incentives

Tax Incentives

The tax regime of Mauritius comprises the following:

Tax Regime:
 

  • The corporate tax rate of a domestic company is 15% of its profits.

  • Value Added Tax is 15%.

  • There is no capital gains tax.

  • There is no withholding tax on dividends, interest and royalties.

  • No exchange controls; dividends and capital can be freely repatriated.

  • Network of double taxation treaties with 41 countries. Under the agreements to avoid double taxation, reduction on tax rates applicable at source on dividends, interest and royalties (usually 0-15%).

 

Tax Regime for Global Business Licence Companies:
 

Category 1 Global Business Licence Companies (GBC1):

  • Subject to Corporate tax of 15%. The GBC1 may avail to foreign tax credits up to 80% of the Mauritian tax liability, so that a GBC 1 will pay a net effective maximum tax rate of 3% on its profits.

Category 2 Global Business Licence Companies (GBC 2):

  • A GBC 2 is exempt from all forms of taxation.

Tax Regime for Individuals:
 

  • Personal Income Tax of 15%.

  • No death tax.

  • There is no inheritance tax or estate duty.