Sunibel Corporate Services

Tag: Africa

Mauritius ranks 13th in the World Bank’s 2020 Doing Business Report

Mauritius rise seven places to 13th globally in the World Bank’s Ease of Doing Business Report 2020 and further consolidates its position as the best place for doing business on the African continent. This follows the communiqué from the EU, earlier this month, which confirmed Mauritius was fully compliant with EU tax good governance principles. […]

Mauritius and Kenya agree to the amendment of the Double Taxation Avoidance Agreement

Mauritius and Kenya signed, on 16th October 2019, a Protocol for the amendment of the Double Taxation Avoidance Agreement (DTAA) treaty. Both Republics signed the DTAA back in April 2019, during the state visit of Uhuru Kenyatta, President of Kenya, to Mauritius. Before the ratification of the Agreement, both countries decided to discuss the amendment […]

E-commerce in Mauritius: the ideal platform for your international strategy

With 21.8% of the world’s population (about 1.8 billion people) shopping online and e-commerce sales to the amount of USD 2.8 trillion in 2018 (and expected to reach USD 4.8 trillion by 2021), the growth of e-commerce over the past two decades has been impressive. During his presentation of the National Budget, the Honourable Pravind […]

Mauritius Budget brief 2019-2020: The transformative journey continues towards “embracing a brighter future”

The Honourable Pravind Kumar Jugnauth, Prime Minister and Minister of Finance and Economic Development of the Republic of Mauritius, on 10th June 2019 presented the National Budget, the last of the current Government’s mandate before the forthcoming general elections. Themed “Embracing a brighter future together as a nation”, the Budget pursues the approach of improving […]

Private Equity Investors: Think impact investment

Impact investment; is it a rhetoric or reality? A decade ago, this concept was barely known by the world, if not the case, by very few investors. The promoters of impact were mainly philanthropists via charitable aid and donations in order to increase the well-being of humankind. Impact investments “are investments made into companies, organisations, […]

Entrepreneurs! Mauritius will charm you

In addition to being an internationally renowned tourist destination, Mauritius has built itself a solid reputation as a reliable and secure financial centre. Indeed, there are many good reasons for entrepreneurs to choose Mauritius to live and work. Mauritius is a business hub for the region and an essential platform for international trade. Many factors […]

Mauritius: Africa’s regional hub for wealth management and global business

Overview of wealth management in Africa According to a report by AfrAsia, the total wealth in Africa grew by 13% over the last decade, reaching USD 2.3 trillion by 2017 with around USD 920 billion (40%) held by 155,444 HNWIs. During this period, Mauritius was the top performing individual market with a growth of 195%. […]

How can global corporate structuring benefit your business when going global?

We often hear about companies (public and private) making important investments globally, especially for large public companies. According to a recent Deloitte’s global survey (based on almost 1,900 private-company leaders across 30 countries), private companies and SMEs have international presence at the heart of their strategy, with about 70% of them depending on international markets […]

Why do French companies relocate to Mauritius?

With its beautiful beaches and charming surroundings, Mauritius is a famous tourist destination. However, it is less known for its business ecosystem, favourable to foreign companies looking to establish themselves on the island. This International Financial Centre (IFC) is conducive to business and consists of several elements: its diversified, solid and stable economy; its bilateral […]