|
 |
|
 Investment Opportunity
|
| |
|
 |
|
|
|
|
| |
|
| Registering Property |
|
| |
|
The ease with which businesses can secure rights to property is shown below. Included are the number of steps, time, and cost involved in registering property. |
|
| |
| Indicator |
|
Mauritius |
|
Region |
|
OECD |
|
|
|
|
|
|
|
|
|
| Procedures (number) |
|
6 |
|
7.0 |
|
4.9 |
|
|
|
|
|
|
|
|
|
| Duration (days) |
|
210 |
|
104.6 |
|
28.0 |
|
| Cost (% of property value) |
|
10.8 |
|
11.1 |
|
4.6 |
|
| |
|
|
|
|
|
|
|
|
| Getting Credit |
| |
Measures on credit information sharing and the legal rights of borrowers and lenders are shown below. The Legal Rights Index ranges from 0-10, with higher scores indicating that those laws are better designed to expand access to credit. The Credit Information Index measures the scope, access and quality of credit information available through public registries or private bureaus. It ranges from 0-6, with higher values indicating that more credit information is available from a public registry or private bureau. |
|
| |
| Indicator |
|
Mauritius |
|
Region |
|
OECD |
|
|
|
|
|
|
|
|
|
| Legal Rights Index |
|
5 |
|
4.0 |
|
6.4 |
|
|
|
|
|
|
|
|
|
| Credit Information Index |
|
1 |
|
1.3 |
|
4.8 |
|
| Public registry coverage (% adults) |
|
38.6 |
|
2.1 |
|
8.6 |
|
| Private bureau coverage (% adults) |
|
0.0 |
|
4.5 |
|
59.3 |
|
| |
|
|
|
|
|
|
|
|
| Protecting Investors |
| |
The indicators below describe three dimensions of investor protection: transparency of transactions (Extent of Disclosure Index), liability for self-dealing (Extent of Director Liability Index), shareholders ability to sue officers and directors for misconduct (Ease of Shareholder Suits Index) and Strength of Investor Protection Index. The indexes vary between 0 and 10, with higher values indicating greater disclosure, greater liability of directors, greater powers of shareholders to challenge the transaction, and better investor protection. |
|
| |
| Indicator |
|
Mauritius |
|
Region |
|
OECD |
|
|
|
|
|
|
|
|
|
| Disclosure Index |
|
6 |
|
4.7 |
|
6.4 |
|
|
|
|
|
|
|
|
|
| Director Liability Index |
|
8 |
|
3.1 |
|
5.1 |
|
| Shareholder Suits Index |
|
9 |
|
5.0 |
|
6.5 |
|
| Investor Protection Index |
|
7.7 |
|
4.3 |
|
6.0 |
|
| |
|
|
|
|
|
|
|
|
| Paying Taxes |
| |
The data below shows the tax that a medium-size company must pay or withhold in a given year, as well as measures of the administrative burden in paying taxes. These measures include the number of payments an entrepreneur must make; the number of hours spent preparing, filing, and paying; and the percentage of their profits they must pay in taxes. |
|
| |
| Indicator |
|
Mauritius |
|
Region |
|
OECD |
|
|
|
|
|
|
|
|
|
| Payments (number) |
|
7 |
|
38.7 |
|
15.1 |
|
|
|
|
|
|
|
|
|
| Time (hours) |
|
161 |
|
321.2 |
|
183.3 |
|
| Profit tax (%) |
|
10.8 |
|
21.4 |
|
20.0 |
|
| Labor tax and contributions (%) |
|
3.6 |
|
13.3 |
|
22.8 |
|
| Other taxes (%) |
|
7.3 |
|
33.3 |
|
3.4 |
|
| Total tax rate (% profit) |
|
21.7 |
|
68.0 |
|
46.2 |
|
| |
|
|
|
|
|
|
|
|
| Trading Across Borders |
| |
The costs and procedures involved in importing and exporting a standardized shipment of goods are detailed under this topic. Every official procedure involved is recorded - starting from the final contractual agreement between the two parties, and ending with the delivery of the goods. |
|
| |
| Indicator |
|
Mauritius |
|
Region |
|
OECD |
|
|
|
|
|
|
|
|
|
| Documents for export (number) |
|
5 |
|
8.1 |
|
4.5 |
|
|
|
|
|
|
|
|
|
| Time for export (days) |
|
17 |
|
35.6 |
|
9.8 |
|
| Cost to export (US$ per container) |
|
728 |
|
1,660.1 |
|
905.0 |
|
| Documents for import (number) |
|
6 |
|
9.0 |
|
5.0 |
|
| Time for import (days) |
|
16 |
|
43.7 |
|
10.4 |
|
| Cost to import (US$ per container) |
|
673 |
|
1,985.9 |
|
986.1 |
|
| |
|
|
|
|
|
|
|
|
Enforcing Contracts |
| |
The ease or difficulty of enforcing commercial contracts in is measured below. This is determined by following the evolution of a payment dispute and tracking the time, cost, and number of procedures involved from the moment a plaintiff files the lawsuit until actual payment. |
|
| |
| Indicator |
|
Mauritius |
|
Region |
|
OECD |
|
|
|
|
|
|
|
|
|
| Procedures (number) |
|
37 |
|
39.4 |
|
31.3 |
|
|
|
|
|
|
|
|
|
| Duration (days) |
|
750 |
|
643.0 |
|
443.3 |
|
| Cost (% of claim) |
|
17.4 |
|
48.7 |
|
17.7 |
|
| |
|
|
|
|
|
|
|
|
| Closing a Business |
| |
The time and cost required to resolve bankruptcies is shown below. The data identifies weaknesses in existing bankruptcy law and the main procedural and administrative bottlenecks in the bankruptcy process. The recovery rate, expressed in terms of how many cents on the dollar claimants recover from the insolvent firm, is also shown. |
| |
| Indicator |
|
Mauritius |
|
Region |
|
OECD |
|
|
|
|
|
|
|
|
|
| Time (years) |
|
1.7 |
|
3.4 |
|
1.3 |
|
|
|
|
|
|
|
|
|
| Cost (% of income per capita) |
|
15 |
|
20.0 |
|
7.5 |
|
| Recovery rate (cents on the dollar) |
|
34.3 |
|
17.1 |
|
74.1 |
|
| |
|
|
|
|
|
|
|
|
|
| |
Investment opportunities are present at different levels in the Freeport: |
|
|
|
|
|
|
|
As an investor a Third-party Freeport developer can invest in Freeport and logistics infrastructures which are to be rented to Freeport operators. |
|
|
|
|
|
|
|
A Private developer can invest in logistics infrastructures and manage its own infrastructures for their own authorised Freeport activities. |
|
|
|
However a Freeport operator can start Freeport activities in a wide range of authorised export-oriented Freeport activities: |
|
|
|
|
|
|
|
|
| |
• |
Warehousing and storage |
• |
Breaking bulk |
| |
|
|
|
|
| |
• |
Sorting, grading, cleaning and mixing |
• |
Labelling, packing & repackaging |
| |
|
|
|
|
| |
• |
Light assembly and minor
processing |
• |
Ship building, repair and maintenance of ships and aircrafts |
| |
|
|
|
|
| |
• |
Storage, maintenance and repair of empty containers |
• |
Quality control and inspection services |
| |
|
|
|
|
| |
• |
Export- and re-export-oriented airport and
seaport based activities |
• |
Freight forwarding services for export oriented businesses |
| |
|
|
|
|
|
|
| Strategic location |
|
|
|
| The Mauritius Freeport is the main trading hub to serve the Eastern and Southern African region. It boasts excellent warehousing, logistics and transhipment facilities to traders and operators to access Africa, Europe and Asia. |
|
|
|
|
|
| Superior Logistics Infrastructures |
|
|
|
Mauritius has built the largest logistics centre in the Indian Ocean to provide Freeport operators with fully integrated supply chain solutions with over 120 000 m2 of Freeport infrastructures are available including dry warehouses, cold rooms, processing units and integrated logistics facilities. Mauritius has built the largest logistics centre in the Indian Ocean to provide Freeport operators with fully integrated supply chain solutions, in accordance with international standards. |
|
|
|
| Airport-based and Port-based Freeport zones |
|
|
|
| Tailor-made logistics infrastructures have been developed in the port and airport proximity. The strategic location of Freeport zones in port and airport area has enabled the development of competitive logistics services, in terms of shorter and efficient movement and access to Port container terminal and fishing quays, as well as efficient transfer of air cargo from Freeport zones to Ground Handling Agents. |
|
|
|
| Authorised Paper trading activities |
|
|
|
The Mauritius Freeport offers the possibility to Freeport operators of carrying out paper trade activities under stipulated terms and conditions.
The Freeport operator is authorised to make shipment directly from the shipper in the original exporting country to the final importer in the importing country, without goods being physically landed in Mauritius. |
|
|
|
| |
|
| Reliable Sea and air connections |
|
|
|
Mauritius is linked to the rest of the world by a vast network of reliable air and shipping connection calling at most important airports and ports in the world. The shipping lines offer weekly direct calls and sailings to and from Mauritius to Asia, Europe, Australia and Africa.
Mauritius has air connections with major business centres boasting more than 100 weekly international flights. A purpose-built cargo terminal at the international airport caters for the existing export and transit traffic. |
|
|
|
| A liberal & attractive package of incentives |
|
|
|
The Freeport legislation provides a liberal and comprehensive package of both fiscal and non-fiscal incentives for companies looking for a cost-effective logistics platform. |
|
| |
|
|
|
|
|
|
| |
• |
Preferential market access |
• |
Zero-rated Corporate tax until July 2009 |
| |
|
|
|
|
| |
• |
Exemption from customs duties on all goods
imported into the Freeport Zones |
• |
Reduced port handling charges for all goods destined for re-export |
| |
|
|
|
|
| |
• |
Free repatriation of profits to foreign Freeport operators |
• |
100% foreign ownership |
| |
|
|
|
|
| |
• |
Low Corporate tax of 15 per cent for processing companies |
• |
Access to the local market |
| |
|
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| |
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|
