WHEF 2013 @ Bangkok : Strengthening Economy, Shaping Future

WORLD HINDU ECONOMIC FORUM

www.investmauritius.com

Mauritius: Gateway to Africa

WHEF 2013 @ Bangkok : Strengthening Economy, Shaping Future

WORLD HINDU ECONOMIC FORUM

Economic Overview

MAURITIUS

WHEF 2013 @ Bangkok : Strengthening Economy, Shaping Future

WORLD HINDU ECONOMIC FORUMGEOGRAPHICAL LEVERAGE

ECONOMIC OVERVIEW

Key FactsArea: 2,040 sq km (788 sq miles)

Population: 1,288,684 (2011)

Population density: 632 per sq km

Exclusive Economic Zone: 1.9 million km²+ 396,000 km² joint extended shelf with Seychelles

Capital: Port Louis

Government: Republic established in 1992. Gained independence from the UK in 1968.

Official Language:English

Key Indicators

GDP Growth: 3.3% (2012)

Repo Rate:4.65% (as at date)

Legal System: Hybrid Legal System

WHEF 2013 @ Bangkok : Strengthening Economy, Shaping Future

WORLD HINDU ECONOMIC FORUM

Source: Statistics Mauritius

2012 GDP COMPOSITION

ECONOMIC OVERVIEW

WHEF 2013 @ Bangkok : Strengthening Economy, Shaping Future

WORLD HINDU ECONOMIC FORUMECONOMIC OVERVIEW Ocean Economy

WHEF 2013 @ Bangkok : Strengthening Economy, Shaping Future

WORLD HINDU ECONOMIC FORUM

Doing Business Regime

MAURITIUS

WHEF 2013 @ Bangkok : Strengthening Economy, Shaping Future

WORLD HINDU ECONOMIC FORUM

• Start a business in 3 working days

• No minimum capital requirement

• 100% Foreign ownership

Right to Live

and

Work in

Mauritius

Start Up

Occupation Permit

• Homogenised 15% corporate tax

• Personal Income tax at 15%

• VAT at 15%

• 0% Corporate Tax in the Freeport

• No Capital Gains Tax

• Global Business : max 3%

Free movement of

CapitalAcquisition of

property by

non-citizen

Taxation

Land & PropertyAcquisition

• Social & Political Stability (parliamentary democracy)

• Modern Legislation & effective regulation

Political & Legal Environment

Exchange Control

COMPETITIVE & INVESTOR FRIENDLY INVESTMENT CLIMATE

DOING BUSINESS REGIME

WHEF 2013 @ Bangkok : Strengthening Economy, Shaping Future

WORLD HINDU ECONOMIC FORUM

World Bank Doing Business Survey 2013

Overall Rank 19th Globally1st in Africa

Starting a business 14th

Protecting investors 13th

Paying taxes 12th

Environmental Performance Index

Overall Rank 6th Globally1st in Africa

Best Countries for Doing Business

Overall Rank 19th Globally1st in Africa

Source: World Bank

Index of Economic Freedom 2012

Overall Rank 8th Globally1st in Africa

Source: Heritage Foundation

Source: World Economic Forum

Mo Ibrahim Index 2012

Overall Rank 1st in Africa

WHO Air Quality Index

Overall Rank 2nd GloballySource: WHO

Source: Mo Ibrahim

Source: Forbes

INTERNATIONAL RANKINGS & RECOGNOTION

DOING BUSINESS REGIME

WHEF 2013 @ Bangkok : Strengthening Economy, Shaping Future

WORLD HINDU ECONOMIC FORUM

Mauritius: Manufacturing & Trading Platform for Africa

MAURITIUS

WHEF 2013 @ Bangkok : Strengthening Economy, Shaping Future

WORLD HINDU ECONOMIC FORUMESTABLISHED MANUFACTURING BASE

Composition of the Manufacturing Sector

(2012)

Others include:Paper Products, Rubber plastics products, Basic metals, Non metallic mineral products, Pharmaceutical, Precision and optical instruments, Watches and clocks, Furniture Source: Statistics Mauritius

MAURITIUS FOR AFRICA

WHEF 2013 @ Bangkok : Strengthening Economy, Shaping Future

WORLD HINDU ECONOMIC FORUM

KEY MARKET ACCESS

AGOA

EPA

COMESA

SADC

FTA with Turkey

MAURITIUS FOR AFRICA

EPA – Economic Partnership Agreement with EUFTA – Free Trade Agreement

WHEF 2013 @ Bangkok : Strengthening Economy, Shaping Future

WORLD HINDU ECONOMIC FORUMMARKET ACCESS : COMESA SADC

$427 billionGDP

258 millionPopulation

$152 billionImport Bill

$157 billionExport Bill

430 millionPopulation

COMESASADC

15 member states

19 member states

MAURITIUS FOR AFRICA

WHEF 2013 @ Bangkok : Strengthening Economy, Shaping Future

WORLD HINDU ECONOMIC FORUM

Certificate of Origin Rules

MAURITIUS FOR AFRICA

WHEF 2013 @ Bangkok : Strengthening Economy, Shaping Future

WORLD HINDU ECONOMIC FORUMDEVELOPED PORT & FREEPORT

MAURITIUS FOR AFRICA

WHEF 2013 @ Bangkok : Strengthening Economy, Shaping Future

WORLD HINDU ECONOMIC FORUMESTABLISHED FINANCIAL INDUSTRY

• Brokerage Houses • Accountancy firms• Tax & Investment advisers• International Law Firms• Leasing Companies

• General Insurance• Long term insurance• Captives• Reinsurance

• Investment Holdings• Global Managed Funds• Fund Administration• Fund Management

Banking

Insurance

Capital Markets

Other FIs

Global Business(More Than 26,000 GBCs and over 900

Funds)

• Retail & Corporate Banking• Private Banking & Wealth Mgt• Investment Banking

• Equities Market• Commodities Trading Platform• Derivatives

Functional Groups FunctionsPresent in Mauritius

MAURITIUS FOR AFRICA

WHEF 2013 @ Bangkok : Strengthening Economy, Shaping Future

WORLD HINDU ECONOMIC FORUMTHE REGIONAL FINANCIAL PLATFORM OF CHOICE

Mauritius: preferred financial platform for Africa

Mauritius , A platform for outward investments

WHEF 2013 @ Bangkok : Strengthening Economy, Shaping Future

WORLD HINDU ECONOMIC FORUMREGIONAL HEADQUARTERS IN MAURITIUS

MAURITIUS FOR AFRICA

WHEF 2013 @ Bangkok : Strengthening Economy, Shaping Future

WORLD HINDU ECONOMIC FORUMINVESTMENT & BUSINESS HUB OF THE REGION: NETWORK OF INVESTMENT PROMOTION AND PROTECTION AGREEMENTS

38 IPPAs

19 IPPAs are with Africa

MAURITIUS FOR AFRICA

WHEF 2013 @ Bangkok : Strengthening Economy, Shaping Future

WORLD HINDU ECONOMIC FORUM

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