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DoubleTaxation Treaties

Double taxation treaties and indicative withholding rates

Mauritius has an extensive network of tax treaties with countries in Africa, Asia, Middle East and Europe.

WITHHOLDING TAX RATES APPLICABLE UNDER MAURITIAN DOUBLE TAXATION TREATIES
(Lower of domestic and treaty rate)

Year		Country	Dividends		Interest		Royalties
Signed	Ratified		Direct Investment	Portfolio Investment	Banks	Other
1978	1981	Germany	5%(a)	15%	Exempt	(c)	15%
1981	1981	UK	Nil(d)	Nil(d)	Exempt	(c)	15%
1981	1982	France	5%(b)(d)	15%(d)	Exempt	(c)	15%
1983	1985	India	5%(b)	15%(f)	Exempt	(c)	15%
1992	1992	Zimbabwe	10%(a)	20%	Exempt	10%	15%
1992	1992	Sweden	5%(b)	15%	Exempt	15%	15%
1993	1993	Malaysia	5%(b)	15%	15%	15%	15%
1994	1994	Swaziland	7.50%	7.50%	5%	5%	7.50%
1990	1995	Italy	5%(a)	15%	Exempt	(c)	15%
1994	1995	China	5%	5%	10%	10%	10%
1994	1995	Pakistan	10%	10%	10%	10%	12.50%
1994	1995	Madagascar	5%(a)	10%	10%	10%	5%
1996	1996	Botswana	5%(a)	10%	12%	12%	12.5%
1995	1996	Singapore	Exempt	Exempt	Exempt	Exempt	Exempt
1995	1996	Luxembourg	5%(b)	10%	Exempt	Exempt	Exempt
1995	1996	Namibia	5%(a)	10%	Exempt	5%	5%
1996	1997	Sri Lanka	10%(b)	15%	10%	10%	10%
1996	1997	South Africa	Exempt	Exempt	Exempt	Exempt	Exempt
1997	1998	Thailand	10%	10%	10%	15%	5/15% (e)
1997	1998	Kuwait	Exempt	Exempt	Exempt	Exempt	0/10%
1998	1998	Oman	Exempt	Exempt	Exempt	Exempt	Exempt
1995	1999	Belgium	5%(b)	10%	Exempt	0/10%	Exempt
1997	1999	Mozambique	8/10%(a)	15%	Exempt	5%	Exempt
1999	1999	Nepal	5%(bc),10%(b)	15%	10%	15%	15%
2000	2000	Cyprus	Exempt	Exempt	Exempt	Exempt	Exempt
2001	2003	Rwanda	Exempt	Exempt	Exempt	Exempt	Exempt
1992	2003	Craotia	Exempt	Exempt	Exempt	Exempt	Exempt
1997	2004	Lesotho	10%	10%	10%	10%	10%
2002	2004	Senegal	Exempt	Exempt	Exempt	Exempt	Exempt
2003	2004	Uganda	10%	10%	10%	0/10%(c)	10%
2004	2005	Barbados	5%	5%	5%	5%	5%
2005	2005	Seychelles	Exempt	Exempt	Exempt	Exempt	Exempt
1995	+	Russia	5%(bb)	10%	Exempt	Exempt	Exempt
2006	+	UAE	Exempt	Exempt	Exempt	Exempt	Exempt
Notes	(a): Shareholding 25% (b): Shareholding 10% (ba): 10% (bb): Min investment $500,000 (bc):Shareholding 15% (c):Interest taxed in source country according to the taxation law of that state; in some cases no tax is levied on certain interest income (d): Recipient entitled to refund of tax credit or avoir fiscal subject to the terms of the treaty and withholdind (e): Lower rate applies to copyright, artistic and scientific work * Treaties not yet ratified

Important Note:

The above information is produced for general guidance only. Specific professional advice must be sought before any action taken.

Mauritius is committed to its future as an international financial centre and complies with internationally accepted norms of supervision like the Basle Committee on Banking Supervision, the Organisation of Economic Co-operation and Development (OECD), the Financial Action Task Force (FATF) and the Financial Stability Forum (FSF). Legislation is under constant review and new regulations are introduced wherever necessary in order to create an environment where global business can operate efficiently within sound principles.


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