Regulatory Framework

Mauritius strives to have up to date legislation which keeps pace with the industry’s best practice. The following legislations have been introduced:

The Companies Act 2001 and the Financial Services Act 2007 are the core legislations regulating the Global Business Companies. The Insolvency Act 2010 governs insolvency proceedings and the Securities Act 2005 and the Securities Act (Collective Investment Schemes and Closed end fund) Regulations 2008 govern the regulation of funds and financial services providers such as investment managers and advisors. Trusts are governed by the Trusts Act 2001. The Income Tax Act 1995 govern the taxation of companies and individuals. The Income Tax (Foreign Tax Credit) Regulations 1996 is also relevant to global business entities.

Mauritius has since 2002 introduced the Financial Intelligence and Anti-Money Laundering Act 2002 (FIAMLA), the Prevention of Corruption Act 2002 (POCA) and the Prevention of terrorism Act 2002 (POTA). All these Acts have led to the establishment of agencies such as the Financial Intelligence Unit (FIU) and the Independent Commission Against Corruption (ICAC) with a common objective of eradicating corruption, terrorism and money-laundering activities


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