Ranked thirteenth globally for ease of doing business, Mauritius is extending an open invitation to SA to explore its fertile economic landscape. Key sectors such as manufacturing, financial services, real estate, and retail are ripe for expansion on the island nation.

The Economic Development Board of Mauritius has streamlined the process for foreign investors, offering a fast and straightforward path to establishing a business with 100% foreign shareholding, opening bank accounts, and securing residency.

"The fiscal regime is competitive," states Faraz Rodji from the Economic Development Board. "With a corporate tax rate of 15% and an 80% tax credit, the effective tax rate is significantly reduced for certain income types. Additionally, there are no capital gains taxes or exchange controls, and personal tax rates range from 0 to 20%, depending on the individual's tax bracket."

This proactive approach by Mauritius is part of a strategic effort to attract foreign direct investment and bolster economic growth, positioning itself as a hub of financial prosperity in the region.

--SABC--