Mauritius Finance Act 2020

The Finance Act 2020, which will implement the measures announced in the Budget, has been approved and received the assent of the President on 7 August 2020.

Mauritius Budget Speech 2020 / 2021

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 Act

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 [...]

The COVID-19 Bill

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 [...]

Family Offices in Mauritius

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 [...]

Further update on DTAA with Kenya

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. [...]

2nd Follow-up Report from the ESAAMLG

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 [...]

Updated Substance Requirements

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 [...]