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Mauritius: Tax measures in global business regime reforms, effective 1 July 2021

Mauritius: Global business regime reforms

Changes to the global business regime as made by the Finance Act 2018 will be effective 1 July 2021.

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Beginning 1 July 2021, a grandfathering period ends for deemed foreign tax credits, and partial exemptions will only be applicable with regard to certain specified income.

Companies that were issued a “Category 2 global business license” on or before 16 October 2017 will either have to convert to a “global business license company” or an authorised company by 30 June 2021. Other changes include new substance requirements, and satisfying the new substance requirements will be essential for a company to be eligible for the 80% partial tax exemption.


Read a September 2020 report [PDF 184 KB] prepared by the KPMG member firm in Mauritius 

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