|
 |
|
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 |
|
| |
|
|
|
|
|
|
|
|
|
| |
SEAFOOD AND MARINE INDUSTRY |
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|
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|
|
|
Fishing |
|
|
|
|
|
Fishing vessels registered in Mauritius can operate in the Exclusive Economic Zone (EEZ) of Mauritius that extends widely over a surface area of 1.9 million km2 in the Indian Ocean. A recent study has revealed that 23% of the global annual tuna catch comes from the Indian Ocean. The fishing agreement signed with Seychelles also allows Mauritian flagged vessels to fish in the Seychelles’ waters. |
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|
|
| Tuna transhipment |
|
|
|
|
|
The port and Freeport offer all the logistics services, infrastructure facilities and one-stop-shop services to ensure the rapid transhipment of fish in Mauritius. Mauritius has the right environment to attract additional fishing vessels to call at the Mauritian port. In fact, today, a number of foreign long liners operating in the South West Indian Ocean region are using Mauritius as their transhipment hub. |
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|
|
| Seafood processing activities |
|
|
|
With the ever increasing demand of quality fish products in the world, investment opportunities exist in the processing of value-added seafood in Mauritius that offers the right infrastructural environment and preferential market access on the EU and US markets. Investment opportunities exist in fish processing activities such as filleting, packaging, canning, vacuum packing and production for ready-to-eat meals. |
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|
|
| Aquaculture |
|
|
|
| New opportunities exist in the field of aquaculture for international investors. A master plan on aquaculture has identified potential fish breeding sites around the island. Tropical water seafood products can be farmed both inland and in the Mauritian lagoon. |
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|
|
| Ancillary services |
|
|
|
| With the growth of the Mauritian Seafood Hub, investment opportunities exist in the provision of ancillary services including ship chandling, bunkering, vessel husbandry, ship agency, ship building and repair and net assembly and repair. |
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|
|
| Competitive and business advantages |
|
|
|
| Investors who set up business operations in the marine sector will benefit from the following competitive and business advantages: |
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