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The Mauritius Advantage
The attractiveness of Mauritius is consolidated by the fact that it enjoys a solid reputation as a well regulated centre. It also provides for guaranteed confidentiality for those engaged in legitimate business through express provisions and customary laws governing relationships between banks and customers and between professionals and clients. Some of the advantages are:
Availability
of legal, accounting, finance professionals and highly credible banking institutions with global links.
Political stability
guaranteed by a parliamentary democracy based on the Westminster model.
An
efficiently regulated financial services center
committed to investors framework modeled on the industry's "best practice rule" and compliant to internationally accepted norms of supervision.
A committed jurisdiction
cooperative with such organizations as OECD (Organisation for Economic Co-operation and Development), FATF (Financial Action Task Force) and the UN which is an added attraction to businesses all over the globe engaged in cross-border investments and trading.
One of the unique elements that makes Mauritius a competitive investment location is the preferential market access to the EU (under the Cotonou Agreement), US (under the Africa Growth and Opportunity Act- AGOA) and Africa (under the Common Market for Eastern and Southern Africa - COMESA and under the Southern African Development Community - SADC).
Strategic time zone
(GMT +4) - business can be transacted with the Far East in the morning, Europe around midday and with the US in the late afternoon.
A hybrid
legal system
based on English and French laws. The highest Court of Appeal is the Privy Council of the UK.
It is
sovereign
and
independent
.
Membership of the International Court of Justice, the International Center for the Settlement of Investment Disputes (ICSID) and the Multilateral Investment Guarantee Agency (MIGA).
Guaranteed confidentiality
for those engaged in legitimate business through express statutory provisions and customary laws governing relationships between banks and customers and between professionals and clients.
Frequent
air links
to major European, African and Asian cities.
State-of-the art
communication facilities
such as digital, mobile and virtual telephony, ISDN, Internet access and video conferencing facilities.
Connected to SAFE
(South Africa Far East) fiber optic network.
Mauritius is signatory of the
Africa Growth and Opportunity Act (AGOA)
, a trade agreement between the USA and sub-Saharan countries.
Mauritius has concluded a number of Investment Promotion and Protection Agreements (IPPAs).
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