Mauritus
Mauritius
line-he

Mauritius has strong business and communications infrastructures as well as a flourishing economy. The government has made encouraging foreign investment and offshore activities a priority, even setting up the Board of Investment to help facilitate both activities.

The government makes a clear distinction between onshore and offshore activities.
To that end, foreigners cannot own shares in an onshore company without specific permission from the Prime Minister’s office. Meanwhile, Mauritians are not allowed to take part in offshore activities period.

The legal system of Mauritius is based on English Common Law and French Civil Law in the form of the Napoleonic code. While the procedural law both in criminal and civil litigation is largely English, the substantive law is almost entirely based on the French Napoleonic Code. The country’s legal system was overhauled and modernized in 2001.
These changes were introduced for three main reasons – to catch up with competitors, to express to the decision to eschew ‘offshore’ status as such, and to follow-up to the decision to sign a Commitment Letter to the OECD in to avoid blacklisting.

The government of Mauritius passed a variety of legislation in 2001 to replace older legislation. One such piece of legislation was the Financial Services Development Act 2001. This piece of legislation established a Financial Services Commission to replace MOBAA.

For specific corporate or management services which we cannot provide within our organisation, we exclusively work with professional and licensed lawyers or corporate service providers with whom we have long established relationships.