Business Opportunities in Mauritius for Indians

by Milind P. Marketing Manager

Are you an Indian company looking to expand overseas? Look no further Mauritius! Located at the confluence of Africa and Asia, Mauritius has established itself as Africa's regional business hub, making it the perfect gateway to both continents.

Here are 10 reasons why Mauritius is the perfect destination for Indian companies.

 

1. Strategic location:

Mauritius is strategically located at the crossroads of Africa and Asia, making it an ideal gateway to both continents. Investors are interested to setting up company in Mauritius due to the location's benefits.

2. Entrepreneur-friendly environment:

The country has a well-developed legal and regulatory framework that facilitates business growth. The government has also introduced various policies and incentives to attract foreign investment.

3. Diverse industries:

Mauritius has various industries such as tourism, financial services, manufacturing and agriculture. Indian companies can explore opportunities in these sectors and expand their operations by leveraging the country's skilled workforce and modern infrastructure.

4. Ecosystem to support startups:

Mauritius has a vibrant startup ecosystem with a range of incubators, accelerators and funding opportunities for entrepreneurs. Indian startups can tap into this ecosystem and leverage the country's supportive environment to launch and grow their business.

5. Investment Opportunities:

Mauritius has set up a 500 crore ($17 million) fund to buy stakes in Indian Ocean island companies looking to expand in Africa. The government buys up to 10% stake, giving the project credibility and helping to attract more capital.

6. Regional Trade Block:

Mauritius is a member of many regional trade blocs, such as the Common Market for Eastern and Southern Africa (COMESA) and the Southern African Development Community (SADC), providing access to large markets.

7. Ease of doing business:

Mauritius ranks first among African countries in several areas, including ease of doing business, political and social stability, good governance, economic freedom and ICT development. 8. Unified tax system:

Mauritius has a favorable business environment and government tax measures that encourage foreign investment and foreign talent. The Mauritius tax system does not include capital gains tax, withholding tax or exchange controls.

9. Industry-specific opportunities:

Mauritius also has many business niches in other sectors such as offshore banking, outsourcing, luxury real estate and medical tourism.

10. Beaches and luxury stays:

Mauritius is a laid-back, multicultural year-round destination with more beaches than buzzy bars. Mauritius has a wide range of accommodation options, from small to medium-sized hotels and charming villas to luxury resorts. 

 

 

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Created on Apr 10th 2023 23:46. Viewed 146 times.

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