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About Mauritius

Mauritius is located in the Indian Ocean. The country is 45 km wide and 65 km long and covers an area of 1865 square kilometres with 330 kilometres of coastline. Mauritius is a democratic state based on the Westminster model and enjoys political stability amidst a blend of diverse cultures and religions. Most people in Mauritius are bilingual and are equally fluent in English and French. The monetary unit is the Mauritian Rupee (Rs.) which is divided into 100 cents (view latest exchange rates). Mauritian time is four hours ahead of GMT. Working hours are usually 09:00 to 16:00, Monday to Friday; however many enterprises work after hours.

Having long been known for its Sugar industry, the Mauritian economy is now much more diversified and the emerging sectors are:
  • Hospitality & Leisure
  • Financial Services
  • Textile, Clothing & Fashion
  • Information and Communications Technology
  • Property Development & Integrated Resort Schemes
  • Land Based Oceanic Industry, amongst others.
Foreign Investors buying or selling securities on the Stock Exchange of Mauritius do not need any prior approval from authorities in Mauritius. In addition, there are no taxes for foreign investors on dividends and capital gains and no exchange control.

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