Mauritius has a highly diverse population of 1.3 million. Mauritius is a development success story. In no small measure, the success of Mauritius is attributable to trade preferences in sugar (under the EU sugar protocol), textiles and clothing (under MFA and later AGOA). But the country's ability to profit from these opportunities testifies to institutional strengths – stable democracy and rule of law; ethnic tolerance; macro-economic stability; equitable social progress; and reliance on private incentives. Mauritius is now moving away from an environment of trade preferences to embrace a world of global competitiveness, especially with the removal of preferential commercial conventions under the WTO. The economy is diversifying into seafood transhipment & processing, upmarket tourism, real estate development, financial services, Business Process & Knowledge Process Outsourcing and IT Enabled Services.
Local time is 4 hours ahead of GMT (and consequently 3 hours ahead of Paris, Frankfurt and Geneva), 9 hours ahead of New York, 4 hours behind Hong Kong and 6 hours behind Sydney.
Mauritius offers a generous package of fiscal incentives to investors and is one of the few jurisdictions which has never been blacklisted by OECD, EU, FATF or UN.
Mauritius being a member of the COMESA and SADC and according to its strategic positioning is the ideal platform for investors wishing to access the African Market and the Indian Ocean region.