Dr the Honourable Renganaden Padayachy, Minister of Finance, Economic Planning and Development, presented his first Budget Speech for the fiscal year 2020/21 on 4th June 2020, amid the impact [...]
The COVID-19 Bill was voted with amendments on 15th May 2020 by the National Assembly and has since been enacted following receipt of the President’s assent on 16th May 2020. We have summarised [...]
In order to better regulate the end of the lockdown and support the economy, businesses and the population at large, the Government will present the COVID-19 Bill at 1st and 2nd reading to the [...]
The FSC has issued the Financial Services (Family Office) Rules 2020 to set-out the rules applicable to Family Offices, and better define the activities and functionaries of Family Offices in [...]
More good news for the Mauritian jurisdiction: in the World Bank’s Ease of Doing Business 2020 Report, Mauritius is ranked 13th worldwide, up from 20th in 2018, and retains its position as the [...]
As advised in our article dated 24 April 2019, a DTAA was signed between Kenya and Mauritius during the visit of the President of the Republic of Kenya, Mr. Uhuru Muigai Kenyatta, in Mauritius. [...]
After the good reports from the EU and the OECD, the Eastern and Southern Africa Anti-Money Laundering Group (“ESAAMLG”) has now also positively re-rated Mauritius in its 2nd Enhanced Follow-up [...]
Further to the results of the Organisation for Economic Cooperation and Development’s peer-review earlier this year, which determined that there were no harmful tax practices in Mauritius, [...]
Further to the Finance Act 2019, the long-awaited regulations governing the updated substance requirements, namely the Income Tax (Amendment No.2) Regulations 2019, have now been published in the [...]
As per the report released by the OECD, there are no harmful tax practices in Mauritius. The results of the OECD’s review therefore recognise the efforts of our jurisdiction to align itself on [...]
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