Africa: Wealth Management

Mauritius stands apart from other finance centres in that it is a jurisdiction which has a broad network of tax treaties and therefore provides the opportunity for using trusts both for tax and non-tax benefits.

By their very nature, all trusts are there to protect assets. In practice, however, the degree of protection will invariably depend upon the overriding trust law in the jurisdiction chosen, the physical location of the assets held and the rigour with which any Court may pursue those assets in the event that it decides so to do.

Mauritius has, over the years, meticulously crafted the prerequisites to make the island a really advantageous, safe, business friendly location of high quality for the investor community.

The Mauritian offshore industry was first launched in 1992 when it introduced the Mauritian Offshore Business Activities Act which governed the offshore financial services sector. There was also the appointment of its then regulator, the "Mauritius Offshore Business Activities Authority".

Few regions in the world match the entrepreneurial spirit found in South Africa. From tech pioneers to resource innovators and dynamic SMEs, South African business owners have consistently demonstrated ambition...

In today's globalised world, wealth is increasingly cross-border, presenting both opportunities and challenges for family businesses...

For many of us, the hustle to build wealth is familiar. We work tirelessly to create businesses, make investments, purchase property, and land the big paychecks.

When the Constitution was enacted in 1968, there was not much business around apart from sugar cane, industries accessory to it and basic trade and commerce for the needs of colonial Mauritius.

In his Budget Speech presented on the 8 June 2017, the Prime Minister of Mauritius unveiled a three year Strategic Plan to support the Government's medium-term and long-term objectives.

Welcome to the latest edition of our case law roundup, which considers recent judgments, ongoing cases and legal developments from the courts of Mauritius.