Taxation & Tax Treaties

Fiscal regime

Overview

  • Mauritius runs a self-assessment system based on the residence concept. A person resident in Mauritius is liable to tax on the worldwide income derived by that person. A non-resident is taxed on income derived from sources in Mauritius.
  • The fiscal year runs from 1st July to 30th June
  • For an individual working less than 183 days in Mauritius, no tax is to be paid on his income.
  • No capital gains tax, and no withholding tax on payment of dividends, interests or royalties.
  • No stamp duties or capital taxes.
  • No inheritance tax.

Double taxation agreements (DTAs)

So far, Mauritius has concluded 46* double taxation treaties and is party to a series of treaties under negotiation. These treaties are an integral component of the Mauritian government's strategy to promote the country as an attractive global business centre. The treaties are as follows:

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marker Australia
marker Barbados
marker Belgium
marker Botswana
marker Congo
marker Croatia
marker Cyprus
marker Egypt
marker France
marker Germany
marker Guernsey
marker India
marker Italy
marker Kuwait
marker Lesotho
marker Luxembourg
marker Madagascar
marker Malaysia
marker Malta
marker Monaco
marker Mozambique
marker Namibia
marker Nepal
marker Oman
marker Pakistan
marker People's Republic of Bangladesh
marker People's Republic of China
marker Rwanda
marker Senegal
marker Seychelles
marker Singapore
marker South Africa
marker Sri Lanka
marker State of Qatar
marker Swaziland
marker Sweden
marker Thailand
marker Tunisia
marker Uganda
marker United Arab Emirates
marker United Kingdom
marker Zambia
marker Zimbabwe
marker Cape Verde
marker Ghana
marker Jersey
*As at 30th of June 2020 (source www.mra.mu )
  • treaties awaiting ratification to be: Comoros Islands, Gabon, Kenya, Morocco, Nigeria and Russia.
  • treaties awaiting signature with: Cote D'Ivoire, Estonia, Gibraltar, Malawi, The Gambia and The Republic of Angola.
  • treaties being negotiated with: Algeria, Burkina Faso, Canada, Czech Republic, Greece, Hong Kong, Lesotho (New), Montenegro, North Sudan, Portugal, Republic of Iran, Saudi Arabia, Senegal (New), Spain, St. Kitts & Nevis, Tanzania, Vietnam, Yemen, Zambia (New), Mali and Republic of Turkey (New).

The attractive concessions provided by those treaties include:

  • elimination of double taxation through tax credit equivalent to Mauritian tax
  • reduction in withholding taxes on dividends, interest and royalties
  • exemption from capital gains
  • possible exemption on interest payments on loans.