In just a few decades, the Mauritius International Financial Centre has grown into an attractive, secure and competitive location for cross-border investments, ranking 11th for Protecting Investors in the World Bank Doing Business Survey 2007. The attractiveness of the Mauritian financial sector relies mainly on its competitive tax rate, well regulated environment as well as its extensive tax treaty network.
Mauritius is constantly innovating its legal and regulatory framework as well as its business environment, in line with world market demand. The Financial Services Sector has evolved from pure reliance on basic onshore banking services to a more open and diversified sector with the presence of international banks, asset managers, global funds, a modern exchange trading platform and other collective investment vehicles.
Furthermore the law has recently been promoted to allow for the promotion of new products such as private banking and wealth management services, Islamic financial products, risk management services, specialized derivatives development , asset management and tax management services as well as Trust Services.
In addition, the wide network of Double Taxation Agreement and the continued ability of Mauritius to capitalize on its competitive advantages make it a unique platform for those investors who want to expand in Africa, Asia and Europe.
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