Structuring and Tax Rates in Mauritius and Africa

E-Guide Post Other PagesFind out more about our new Relocating to Mauritius E-Guide

This is a comprehensive 95 page E-Guide created for anyone considering relocating to Mauritius. There are no adverts or links to any providers meaning that the content is objective. There are thousands of individuals and families that are looking to move to Mauritius each month and we have created reliable, useful and succinct content that will save a lot of time and money.

At TBI we have always focused on being dynamic and not inflating our in-house offering without good cause. We do this by collaborating with the most trustworthy partners who have expertise and experience that we don’t have. As so much of what Mauritius offers in terms of its opportunities lie with fiscal and tax advantages, having the right Mauritius tax partner was key. Importantly the expertise must be beyond Mauritius. Regan van Rooy has the ability to offer reliable advice on tax, corporate structuring, and transfer pricing throughout Africa. Their main expertise is South African and Mauritian international tax advice which works well for the influx of South African businesses and families currently relocating and financially emigrating to Mauritius.

Regan van Rooy

Regan van Rooy is a boutique international tax and structuring firm, focussing on Africa. Established in 2016, we provide pragmatic advice on all taxation and structuring aspects for both inbound and outbound African clients. We have offices in South Africa, Ireland, and Mauritius providing us reach into what we call “the magic triangle” for African structuring and taxation services.

Our services include:

  • International tax advisory;
  • Corporate structuring;
  • Tax disputes;
  • Transfer pricing;
  • Tax project implementation.

Our Service Offerings

International tax and structuring

Structuring is both a science and an art – this is our specialist area of expertise. How you structure your business is a critical question as you expand globally. The right structure will protect your assets, improve your currency position, support your business operations, facilitate future business expansion and changes, and optimise your overall tax rate.

Trying to unscramble a sub-optimal structure entered into in haste or without full consideration of relevant facts is complex and expensive, so it’s important to plan upfront.

We assist our clients with the following:

  • Optimising your global and intermediary holding structure;
  • Planning capital injections and extractions;
  • Identifying optimal corporate vehicles and structuring the intra-group transactions.

Tax Advisory

We can advise on any taxation issue facing your business in South Africa, Mauritius, and across the African continent, with a focus on cross-border tax issues. Whether you are looking at how best to enter a new jurisdiction, resolving a Revenue audit, optimizing your global structure, or reducing your overall tax charge, we can help you.

Our team are specialists in the key international tax areas of double taxation agreements, residence, transfer pricing, controlled foreign companies, expatriate taxation, withholding taxes, and are seasoned in the particular challenges of tax in the African context.

Personal Income Tax in Mauritius

For those looking to relocate and be tax residents in Mauritius,  they need to think about what the income tax rates and allowances are in Mauritius.  Fortunately, the Mauritius tax rates are relatively simple, and if one earns less than MUR 650,000 net per annum, then one only pays 10% income tax. The Mauritius tax rate above MUR 650,000 prescribes that one pays 15% income tax in Mauritius. One can of course utilize the exemptions and deductions prescribed in law. In short, the Mauritius tax rates are competitive although be aware of the Solidarity Levy, which applies to leviable income in excess of MUR 3 million.

Mauritian Tax Rates for Corporates

There is a flat rate of 15% tax on Mauritian corporates, save for a rate of 3% for companies engaged in the exporting of goods from Mauritius. This reduced Mauritian tax rate for exporting gives fantastic opportunities for those trading around the world and looking for a jurisdiction with competitive tax rates but also low costs, quality banks, and a central location. One does not even need to bring the goods to Mauritius to utilize this Mauritius tax rate. Global Business Companies operate off the same tax rates as domestic companies which included an extensive partial exemption regime for various foreign-source income and a significant number of Tax Holidays.

Our Structuring Team

Caoilfhionn van der Walt – MA, MSc, CA (ICAEW), H Dip (International Tax)

Caoilfhionn has 20 years of international tax experience including Arthur Andersen and Deloitte in London before being head of international tax at the Sasol group for nine years.

Murray Terwin – LLB, MCom Taxation, Admitted Attorney of South Africa

Murray is an international and corporate tax specialist and an admitted attorney of South Africa. He spent six and half years in the Deloitte International Tax team in Johannesburg.

Tanya van Schalkwyk – BCom Financial Management, BCom (Hons) Taxation, MCom Taxation, Tax Advisor SA

Tanya is an experienced international tax professional and a registered Tax Advisor with the South African Institute of Tax Professionals. Her experience includes EY and Bravura.

Vanessa Turnbull-Kemp – BCom (Tax)(Hons)., H Dip (Tax)

Vanessa is an international tax specialist spending the majority of her career with Big Four accounting firms alongside time at the National Treasury in their tax policy division.

Contact Us

Please contact us at TBI or via email at info@tbimauritius.com to find out more information about Mauritius, company formation, relocation, and investment in property. If the matter requires tax expertise then please go directly to Regan van Rooy at info@reganvanrooy.com  to discuss how they can assist you.

E-Guide Post Other PagesFind out more about our new Relocating to Mauritius E-Guide

This is a comprehensive 95 page E-Guide created for anyone considering relocating to Mauritius. There are no adverts or links to any providers meaning that the content is objective. There are thousands of individuals and families that are looking to move to Mauritius each month and we have created reliable, useful and succinct content that will save a lot of time and money.