MAURITIUS CHARMS INVESTORS

THE Mauritian government has launched a bid to attract investments from multinationals into the country. The package of incentives include a 10-year tax holiday for investors after which the investor would only pay 15 percent annual tax on his outlay. Dividends, acquisition of equipment and vehicles are among the items which will be exempted from taxation. The package also includes a reduction of 50% on income tax for two expatriates per company working in Mauritius for a period of four years.