Since its opening foreign investors, Mauritius is one of the preferred destinations of expatriates. Its very advantageous taxation allows its residents to enjoy an exceptional living environment and a lower tax rate.
What taxes Mauritius?
The special feature of Mauritius is its unique tax. The Mauritian residents are subject to income tax of 15%:
This is the only tax obligation imposed by the Mauritian government. The housing tax, the property tax, the rights of succession (if the children reside outside France), or the solidarity tax on wealth (ISF) do not exist in Mauritius. If you have a permanent Mauritian residence permit, you will not have to pay for it, either in Mauritius or in your country of origin.
A non-double taxation agreement between Mauritius and France
Mauritius and France have signed a non-double taxation agreement. It states that real property purchased in Mauritius are not taxable in France, nor are they included in the calculation of the French SFIs. The same rule applies in the case of rental investment, the income derived from it is exempt from tax in France.
Creating a company in Mauritius What tax rate and for whom?
Companies based in Mauritius also benefit from reduced taxation. The profit tax rate (Chargeable Income) varies from 0% to 15%, and never exceeds this maximum threshold.
For a domestic company, regardless of its sector, the single tax rate of 15% applies. It is not subject to any tax On surplus value, on the distribution of its dividends or on the payment of interest.
Since 2017, companies with head offices in Mauritius, which generate profits through exportation of products abroad, have access to more advantageous taxation. Their tax rate then rises from 15% to 3%.
For your company to be taxable in Mauritius, it must meet certain conditions. Its tax residence It must be domiciled in Mauritius, and it must benefit from the provisions of a non-double taxation treaty, which is the case for France, for example.
