The Mauritius IFC boasts more than two decades’ track record in cross-border investment and finance, and offers an unparalleled well-regulated and transparent platform.
As an internationally recognised jurisdiction of repute, the Mauritius IFC is home to a number of international banks, legal firms, corporate services, investment funds and private equity funds.
FINTECH & INNOVATION
With the new digital revolution that is happening in the financial services sector in Mauritius and as an avant-garde jurisdiction, the country possesses the ecosystem to assist the global ambitions of Fintech companies.
Several enterprises, particularly those aiming towards Africa, are already using Mauritius as a viable Fintech platform. For such institutions, with its facilitating business environment and its array of Investment Protection and Promotion Agreements; Mauritius can be considered a safe International Financial Centre that acts as a buffer between source jurisdictions and recipient African states.
Furthermore, Mauritius offers advantages which provides an optimal internet connectivity and already host a number of international IT companies as well as Fintech start-ups. Boasting a workforce of above 19,000 multilingual professionals working in the ICT sector, Mauritius can be used as a test-bed for experimenting Fintech products before disseminating them to the wider global market.
- GDP Contribution: 11.9% (2017)
- Growth Rate: 5.5% (2017)
- of Global Business structures (GBL): 11,843 (as at end December 2018)
- of Global Funds: 996 (as at end December 2018)
- Asset Under Management: More than USD 85 billion
- Number of bilateral agreements (signed): 51 DTAAs (22 with African states)/44 IPPAs (23 with African states)
- Number of banks: 21 (2018)
- Stock Exchange of Mauritius – Market Capitalization: USD 12 billion (2017)
DISTINCTIVE FEATURES OF MAURITIUS IFC
- Strong regulatory framework
- Good corporate governance
- Transparent legal regime
- No exchange controls
- Risk Mitigation possibilities through its growing number of Investment Promotion and Protection Agreements (IPPAs) with key emerging markets
- Ideal time zone (GMT+4) allowing trading on all global markets in a single day
- High quality, efficiency and cost-competitiveness as an International Financial Centre of choice
- Recognition as a ‘white-listed’ jurisdiction by the OECD
If you need more information on Why Mauritius is a Jurisdiction of Choice, please click on ‘Learn More’ to go to the website of the Economic Development Board of Mauritius.