Mauritius has an expanding network of DTAs with a member of European, African and Asian countries including China, Malaysia, India and Singapore. This network provides for interesting tax planning opportunities thereby enhancing the image of Mauritius as an international tax planning centre.

The attractive concessions provided by those treaties include:
• Elimination of double taxation through tax credit equivalent to Mauritius Tax.
• Reduction in withholding taxes on dividends, interest and royalty payments.
• Exemption from capital gains tax.

As a result of a change in the local banking legislation in Mauritius and the following several business proposals, the Bank set up its own Global Business Unit. Our Global Business Banking Division offer banking solutions to non-residents who have economic interests outside Mauritius adding up to the existing wide range of products and services provided by the bank. The customer profile includes, amongst others, high net worth individuals, foreign institutional investors, offshore trusts, companies holding a category 1 Global Business Licence (GBC1), companies holding a Category 2 Global Business Licence (GBC2), limited partnerships and Global Funds.

We have a dedicated team at your disposal. At the dawn of this new business era, where customers are becoming more sophisticated in their needs and with an ever growing expectation, our account opening team understand the dynamics to be more customer-oriented, strengthening our procedure with the implementation of new processes more lean to reduce waste and ultimately delight customers.