Corporate Income Tax Rate                 (%)15(a)

Capital Gains Tax Rate                          (%)0(a)

Branch Tax Rate                                    (%)15(a)

Withholding Tax                                    (%)  

Dividends                                                0 

Interest                                                   15(b)

Royalties                                                 10/15(c)

Net Operating Losses                           (Years)  

Carryback                                               0 

Carryforward                                          5

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(a)See Section B.

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(b)This withholding tax applies to interest paid to any person, other than a company resident in Mauritius, by a person, other than a Mauritian bank or a person authorized to carry on deposit-taking business in Mauritius. This rate may be reduced if the recipient is a tax resident of a treaty-partner country.

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(c)The withholding tax rate is 10% for royalties paid to residents. For nonresidents, the rate is 15% unless the recipient is resident in a treaty country and the applicable treaty provides for a lower rate. The withholding tax rate does not apply if the payer is a corporation holding a Category 1 Global Business License under the Financial Services Act 2007 and if it pays the interest out of its foreign-source income.

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The content is based on information current as of 1 January 2018, unless otherwise indicated in the text of the chapter. Changes to the tax laws and other applicable rules in various countries covered by this publication may be proposed. Therefore, readers should seek independent tax advice from their local and international firms to obtain further information.

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This publication contains information in summary form and is sourced from the Ernst & Young Worldwide Corporate Tax Guide, and is therefore intended for general guidance only. It is not intended to be a substitute for detailed research or the exercise of professional judgment. Neither Aston & Willson LLP  or EYGM Limited nor any other member of an organization can accept any responsibility for loss occasioned to any person acting or refraining from action as a result of any material in this publication. On any specific matter, reference should be made to the appropriate advisor.