Mauritius Budget 2016 - 2017 Highlights

Welcome to Tripro

Tri-Pro Administrators Ltd is a boutique management company, licensed by the Mauritius Financial Services Commission to service individuals and corporates in reaching their objectives to manage their assets in the most cost effective way.

We only undertake the services that we can master thus making sure our clients have the appropriate support to confidently venture in their projects.

 

The Mauritius International Financial Centre (MIFC)

Mauritius has one of the most efficient and transparent legal and regulatory systems in Africa, a direct consequence of its hybrid legal system bearing the hallmark of both British Common law and French Civil law.

Although not being physically landlocked in Africa, Mauritius forms part of the membership of the two most important African supranational organisations, notably the 15 member-country of the Southern African Development Community (SADC) and the 19 member-country of the Common Market for Eastern and Southern Africa (COMESA), thereby provide preferential market access to a single market of over 500 million people and GDP in excess of USD 600 billion.

Exhibiting the key attributes of a competitive International Financial Centre with a simple and unified tax regime, the free movement of capital (no exchange control) and no withholding taxes on dividends, interests and royalties paid to non-residents, as well as no capital gains tax, the MIFC has strongly positioned itself at the crossroads between Africa and Asia. Over and above providing access to the treaty benefits of the substantial network of Double Tax Avoidance Agreements (DTAAs - http://www.mra.mu/index.php/taxes-duties/double-taxation-agreements) that Mauritius has to date, investors can also secure their investments by leveraging upon the much-needed Investment Promotion and Protection Agreements (IPPAs) when venturing out in high-risk markets. The list of IPPAs can be accessed at: http://www.investmauritius.com/downloads/ippa.aspx

Mauritius is also making great strides in becoming an International Arbitration Centre for the African region under the aegis of the Mauritius International Arbitration Act 2008, which provides substantial appointing functions and administrative responsibilities to the Permanent Court of Arbitration in Hague, along with giving the right of final appeal to the Judicial Committee of the Privy Council in England. For more information on MIAC, please log on to: http://www.lcia-miac.org/

Learn more about our services