A Critical Assessment of Mauritius as a Tax Heaven

A Critical Assessment of
Mauritius as a Tax Heaven

TABLE OF CONTENTS
ACKNOWLEDGEMENT...............................................................................................................2
Declaration of Originality................................................................................................................3
ABSTRACT.....................................................................................................................................4
CHAPTER 1: INTRODUCTION....................................................................................................1
Overview.....................................................................................................................................1
Background.................................................................................................................................1
Problem statement.......................................................................................................................2
Rationale behind study................................................................................................................2
Aim and Objectives.....................................................................................................................3
Research Questions.....................................................................................................................3
Importance of study....................................................................................................................3
Research structure.......................................................................................................................4
Conclusion..................................................................................................................................5
CHAPTER 2: LITERATURE REVIEW.........................................................................................6
2.1 Introduction to literature review............................................................................................6
2.2 Government plans and policies in economic control............................................................6
2.3 Current requirement of local citizens and organisation in Mauritius..................................12
2.4 Recent variations in monetary, economic and taxation policies.........................................13
2.5 Suggestions for reforms and taxation controlling techniques to government.....................15
2.6 Limitation of literature review............................................................................................15
2.7 Conclusion..........................................................................................................................16
CHAPTER 3: RESEARCH MERTHODOLOGY.........................................................................17
Introduction...............................................................................................................................17
Research Philosophy.................................................................................................................17
Research Technique..................................................................................................................17
Data collection..........................................................................................................................18
Data analysis.............................................................................................................................19
Ethical consideration.................................................................................................................19
Reliability and Validity.............................................................................................................20
Research Limitation..................................................................................................................20
CHAPTER 4: DATA ANALYSIS................................................................................................21
4.1 Introduction.........................................................................................................................21
4.2 Results.................................................................................................................................21
4.3 Governmental plans and policies in economic control at Mauritius...................................21
4.4 DTA agreements of Mauritius with several nations...........................................................23
4.5 Requirement of local citizens and corporate industries......................................................25
4.6 Monetary system in Mauritius............................................................................................25
4.7 Economical and taxation policies in Mauritius...................................................................26
4.8 Reforms which are needed to be made by government......................................................27
Conclusion................................................................................................................................28
CHAPTER 5: RECOMMENDATION AND CONCLUSION.....................................................29
Introduction...............................................................................................................................29
Conclusion................................................................................................................................29
Recommendations.....................................................................................................................29
Suggestion for the next research...............................................................................................30

REFERENCES..............................................................................................................................31
APPENDIX....................................................................................................................................35

ACKNOWLEDGEMENT
This research study has enhanced my level of research skills and learning ability. I have learnt
various techniques and operational tasks which has improvement loyalty and commitment
towards analyzing the best of information through this research.
Firstly, I would like to thank all my friends and family members in bringing me the
support for contributing efforts in making adequate study over the facts. My tutor___ had given
me the opportunity to perform the research and guided me in favorable way for attaining success.
At last, I would like to thank to all those individuals who have presented their views and
supported me in collecting all relevant and appropriate information base on research issues.

Declaration of Originality
I hereby confirmed that, the below listed thesis and collection of information has been made by
myself. I have completed all the research work such as data collection, research methodology
and preparing literature with authentic sources. The whole process has been under consideration
or determination of by supervisors with respect of using reliable sources and presenting correct
information. Further, I have committed none of plagiarised activities while preparing the data
base. Similarly, all the methods which have been used in research has been documented by
myself in this report. There is no use of any manipulated sources of information which lead
research on wrong direction. Considering all the ethical and legal requirements I have prepared
this data base.

ABSTRACT
This study has been based on analyzing the economical, monetary and taxation environment
in Mauritius. There has been determination of all the laws and regulation which plays the main
role in designing and developing policies in Mauritius. Various DTA agreements have been
addressed as per having better operational control and management of operations. This report
will be based on analyzing various issues and operations. India has been suffering from Fiscal
deficit as economic stability is comparatively poor than Mauritius. Lending funds to nation as
well as making higher foreign investment in that particular country will be challenging for
Mauritius in making suitable balance in operations. There have been various economic benefits
which have been obtained by other countries in making inappropriate determination of operation.
Taxation laws and regulations must be determined, which has huge variations and differentiation
in various nations. The economic policies and governmental plans must be analysed in Mauritius
as per appropriate changes to be made in each business operation. Mauritius has recently had
higher gains, strong growth which indicates its high ere GDP rates. It was 3.46% in 2015 while
in present it is 73.4% rise. Thus, the rapid growth in GDP and the economic level of this nation is
basically due to liberal and open economic policies. It encourages and welcome foreign countries
in making investments at large sectors in economy. management of the financial, revenue and
monetary system in Mauritius it is necessary to have satisfactory management of each operations
that will be adequate and helpful in making better execution of each operations. Developing the
various legal aspects in the country mainly relevant with the social progress, good governance,
economic development etc.