The
financial services sector, comprising both the banking and
the non-banking sectors (Global Business, Trusts, Insurance,
Stock Exchange, Leasing etc) has emerged as a vital component
of the Mauritian economy. It now contributes to around 10%
of GDP and has been growing at an average rate of 9% over
the past ten years.
Qualified
Global Businesses are defined under the Financial Services
Development Act 2001 as activities which are carried out from
within Mauritius with persons all of whom are resident outside
Mauritius and which are
conducted in a currency other than the Mauritian Rupee. The
Financial Services Commission regulates, supervises and issues
licences to all non-banking financial activities.
Mauritius
has developed a reputation as a well regulated, serious and
credible international finance centre and is increasingly
being favoured by investment advisors from around the world.
Numerous foreign banks and international financial companies
have set up branches in the country to cash in on the investment
opportunities present in Mauritius and in the region.
Mauritius,
with its wide network of Double Taxation Avoidance Treaties,Investment
Promotion and Protection Agreements, and bilateral country
to country agreements, coupled with innovative regulatory
and legislative framework, benchmarked against the best jurisdictions,
offer an ideal platform for international financial businesses.
The quality of our bilingual (English & French) professionals,
business infrastructure, confidentiality of
information and incentives are the strong features of Mauritius.
Investment
Opportunities
Mauritius offers opportunities in the following Qualified
Global Business ctivities:
Aircraft Financing and Leasing; Asset Management; Consultancy
Services; Employment Services; Financial Services; Fund Management;
Trading; Information and Communications Technology; Insurance;
Licensing and
Franchising; Logistics and Marketing; Pension Funds; Shipping
& any other activities approved by the Financial Services
Commission.
|
