| WHY MAURITIUS? |
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| MAURITIUS: The ICT destination with a difference |
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| Situated in the Indian Ocean, at the crossroads of Africa and Asia, Mauritius has built an excellent reputation for quality and competitiveness and has today one of the strongest economies in Africa. |
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| Features |
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| Ease of Doing Business |
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Value Proposition: Ease of doing business incorporation and registration of a company. One Shareholder Company, with no minimum requirement.
Investors benefits: Simple and easy administrative procedures to set up businesses in Mauritius. Within 3 days companies engaged in unregulated activities may be set up. Investors are allowed to invest in any sector of the economy and may also own 100% equity in a local company. |
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| Labour Pool |
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Value Proposition: Mauritius benefits from an existing pool of young, well educated, skilled and productive workforce. The attrition rate is less than 15% ,an excellent indicator of the stability of our workforce.
Investors benefits: Given the high knowledge expertise of theMauritian labour, there is presently an immense potential for companies to tap into the regional and European markets. Our pool of talents is highly competitive with international university exposure and adaptable to the new challenges of the ever changing technological world. |
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| Multilingual workforce |
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Value Proposition: While English is the official language and a compulsory course in the curriculum until the School Certificate level, French is the main language in the everyday environment. Several European languages such as Italian, German and Spanish are also spoken along with Oriental languages such as Hindi, Urdu, and Mandarin.
Investors benefits: With the availability of bilingual skills of the workforce (English and French) and the scalability of Spanish and German skills, BPO and Call Centres are using Mauritius as a multilingual platform. |
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| Cost of Labour |
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Value Proposition: Mauritius offers quality labour force at a relatively low cost compared with other competing destinations.
Investors benefits: Average Income: US $ 300 – 350 for below mid management staff. This is comparatively low as compared to other jurisdiction. |
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| Infrastructure |
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Value Proposition: The Island has a well developed digital network infrastructure excellent telecommunication facilities including the high- bandwidth international leased lines. Mauritius is also connected to the SAFE submarine fibre optic cable and will be connected to SEACOM cable in 2010.
Investors benefits: Telecom network is stable and reliable with a connection on the Safe fibre Optic cable. Additional bandwidth, increased redundancy and a decrease in telecom costs are envisaged through a connection to the SEACOM cable. Availability of State-of-the-art infrastructure such as Eben Cyber city and investment project (for e.g. Rose Belle Business park) is forthcoming and the Green IT park in Flic en Flac. |
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| Taxation |
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Value Proposition: Mauritius offers a low tax platform and an investor friendly environment to encourage companies to set up businesses in the country.
Investors benefits: Investors are charged at a low and harmonized corporate and income tax rate of 15%. |
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| Quality of Life and Political and social stability |
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Value Proposition: Mauritius offers a safe and pleasant living environment with modern facilities. Despite being a cosmopolitan society, Mauritius enjoys great unity among its different cultures.
Investors benefits: Foreign investors, expatriates and their families easily adapt in this multi-ethnic, multi-racial and multi-lingual island. |
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| Work and Live inMauritius |
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Value Proposition: Foreign nationals may apply for an Occupation Permit (OP) for living and working in Mauritius. The Occupation Permit which s a combined work and residence permit is granted to foreign nationals.
Investors benefits: The Occupation Permit (OP) is delivered within 3 working days to foreign nationals for a period of 3 years. After 3 years of operations in Mauritius, foreign nationals may apply for
Permanent residence under prescribed terms. Spouse and dependants of the holder of an OP can also apply for a residence permit. |
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| Legal Framework |
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Value Proposition: Appropriate legal framework is in place to enable international players to successfully conduct business in Mauritius
Investors benefits: Legislations have been enacted to secure the transfer and processing of personal and confidential data. A data protection Act is in force to ensure protection of data as well as privacy of individuals. |
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