Tax
15 per cent corporate tax with partial exemption and an extensive treaty network
The Income Tax Act 1995 charges corporate tax at 15 per cent, with an 80 per cent partial exemption available on certain foreign-source income for global business companies, subject to substance conditions. VAT is 15 per cent. The double-tax treaty network, historically including the India treaty, is the jurisdiction's principal asset.
Key rules
- Jurisdiction — The Mauritius Revenue Authority assesses; objections to the MRA; appeals to the Assessment Review Committee and the Supreme Court.
- Deadline — Company return: within 6 months of the accounting year end
- Deadline — APS (advance payment) quarterly for companies above the threshold
Governing law
- Income Tax Act 1995 — 15 per cent; partial exemption regime
- Value Added Tax Act 1998
- India–Mauritius Double Taxation Avoidance Conventionas amended by the 2016 Protocol
In practice
The 2016 India Protocol ended the capital-gains exemption that had made Mauritius the dominant route into India, and the deemed-foreign-tax-credit regime was replaced by the partial-exemption system in 2018 after EU and OECD pressure. Substance requirements are now the operative test for treaty access.