Mauritius: Offshore Banking

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".

Almost by definition the experienced offshore practitioner has to be proficient (if not always an expert) in all manner of legal, accounting, taxation, regulatory and general business matters. That is to say nothing of being a mentor, confidante and occasional psychologist to one’s clients.

This paper first lists the main comparative advantages of Mauritius for establishment of investment funds and then discusses the specific merits of Mauritius as the natural domicile for Africa Funds.

Mauritius is now well known as an international financial services center for setting up and administering investment funds. Indeed as at 31 March 2007, more than US$36 billion were invested by Mauritius funds into equities globally, and principally in emerging markets.

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.

Family Offices Comparative Guide for the jurisdiction of Mauritius, check out our comparative guides section to compare across multiple countries.

When it comes to terminating a fund licensed under the laws of Mauritius (Company), one of the key responsibilities of the investment manager is strategizing the best approach for disposing...

On November 29, 2023, during the Asset and Wealth Management event in Mauritius, Minister Mahen Kumar Seeruttun emphasized the importance of sustainable development in economic activities.