The Mauritius Jurisdiction
wasshowcased as an International Financial Centre (IFC) of
choice and repute at the 2016 China Offshore Summit, which was held
inShanghai on 25th to 27th October
The 3-days annual Summit brought together over 400
China's HNWIs, investment groups, and corporations, along with
financial centres, and international wealth, immigration tax and
asset planning advisors and corporate service providers. The
Summit, which was attended by senior-level managers and
decision-makers, have two full days focused on wealth management
and corporate structuring.
The Financial Services Promotion Agency (FSPA), as the Agency
mandated by the Government to develop and promote Mauritius as an
IFC, was a Sponsor to the Summit, and had a booth in the
exhibition area, which has also been put at the disposal of
Mauritian corporate service providers attending the Summit. The
FSPA's presence in China is in accordance with the aggressive
visibility campaign that the FSPA has embarked for the Mauritius
IFC in key and strategic markets.
The Chief Executive of the FSPA, Mr. Harvesh Seegolam, also
presented the Mauritius IFC in a prime slot during the Summit. His
intervention, which consisted of three limbs, provided the
attendees with an in-depth overview of the Mauritius IFC, the role
that Mauritius plays for wealth management and headquartering, and
articulated the new products which have been recently announced in
The Chief Executive also stressed on the fact that Mauritius has
been a tested and proven jurisdiction, and on the value, that the
jurisdiction adds for Chinese inward and outward investments, for
the domiciliation of the international wealth and assets of Chinese
high-net worth individuals.
Mr. Akshar Maherally, of International Financial Services (IFS)
Mauritius, stated that the "FSPA's initiative is highly
opportune as it comes at a time when Chinese investors are actively
pursuing cross border transactions. We hope this initiative
forms part of a comprehensive and sustained overall strategy to
showcase the Mauritian IFC on the Chinese market."
Mrs Shobna Juwaheer, of Abax Corporate Services, was of the view
that "the FSPA is doing a great job in promoting and
positioning Mauritius as an International Financial Centre, and the
China Offshore Summit has definitely put Mauritius on the map to
the international business community. Indeed, the Chinese market
presents huge opportunities for the Mauritius IFC as we have the
right ecosystem to attract China's large companies and
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Over the last 40 years, the Cayman Islands has matured into one of the world's most sophisticated and successful international financial centres, providing a competitive, effective, transparent, cost-efficient and tax-neutral platform for international capital flows underpinned by an environment of legal, political and economic stability.
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