• DOUBLE TAXATION AGREEMENTS (DTA)
Mauritius has concluded more than 40 tax treaties that are in force and is party to a series of treaties under negotiation. The treaties currently in force are:
Year |
Country |
Dividends (%) |
Interest (%) |
Royalties (%) |
|
Signed |
Ratified |
||||
2009 |
2010 |
Bangladesh |
10 |
Normal Rate |
Normal Rate |
2004 |
2005 |
Barbados |
5 |
5/0 |
5 |
1995 |
1999 |
Belgium |
5/10 |
10/0 |
0 |
1995 |
1996 |
Botswana |
5/10 |
12 |
12.5 |
1994 |
1995 |
China |
5 |
10 |
10 |
2002 |
2003 |
Croatia |
0 |
0 |
0 |
2000 |
2001 |
Cyprus |
0 |
0 |
0 |
2012 |
2014 |
Egypt |
5/10 |
10 |
12 |
1981 |
1982 |
France |
5/15 |
Same rate as domestic law |
15 |
2011 |
2012 |
Germany |
5/15 |
0 |
10 |
2013 |
2014 |
Guernsey |
0 |
0 |
0 |
1983 |
1985 |
India |
5/15 |
7.5 |
15 |
1990 |
1995 |
Italy |
5/15 |
Same rate as domestic law |
15 |
1997 |
1998 |
Kuwait |
0 |
5 |
10 |
1997 |
2004 |
Lesotho |
10 |
10 |
10 |
1995 |
1996 |
Luxembourg |
5/10 |
0 |
0 |
1994 |
1995 |
Madagascar |
5/10 |
10 |
5 |
1993 |
1993 |
Malaysia |
5/15 |
15 |
15 |
2015 |
2015 |
Malta |
0 |
0 |
0 |
2013 |
2013 |
Monaco |
0 |
0 |
0 |
1997 |
1999 |
Mozambique |
8/10/15 |
8/0 |
5 |
1995 |
1996 |
Namibia |
5/10 |
10/0 |
5 |
1999 |
1999 |
Nepal |
5/10/15 |
10/15 |
15 |
1998 |
1998 |
Oman |
0 |
0 |
0 |
1994 |
1995 |
Pakistan |
10 |
10 |
12.5 |
2008 |
2008 |
Qatar |
0 |
0 |
5 |
2010 |
2014 |
Rep of Congo |
0/5 |
5 |
0 |
2013 |
2014 |
Rwanda (new) |
10 |
10 |
10 |
2002 |
2004 |
Senegal |
0 |
0 |
0 |
2005 |
2005 |
Seychelles |
0 |
0 |
0 |
1995 |
1996 |
Singapore |
0 |
0 |
0 |
2013 |
2015 |
South Africa (new) |
5/10 |
5/10 |
Up to 5% |
1996 |
1997 |
Sri Lanka |
10/15 |
10/0 |
10 |
1994 |
1994 |
Swaziland |
7.5 |
5 |
7.5 |
2011 |
2012 |
Sweden |
0/15 (c) |
0 |
0 |
1997 |
1998 |
Thailand |
10 |
10/15 |
5/15 |
2008 |
2010 |
Tunisia |
0 |
2.5 |
2.5 |
2003 |
2004 |
Uganda |
10 |
10/0 |
10 |
2007 |
2007 |
UAE |
0 |
0 |
0 |
1978 |
1987 |
United Kingdom |
10/15 |
Same rate as domestic law |
15 |
2011 |
2012 |
Zambia |
5/15 |
10 |
5 |
1992 |
1993 |
Zimbabwe |
10/20 |
10/0 |
15 |
Awaiting Ratification: Cape Verde, Gabon, Ghana, Jersey, Kenya, Morocco, Nigeria and Russia
Awaiting Signature: Cote D'ivoire, Gibraltar, Malawi & The Gambia
Being negotiated: Algeria, Burkina Faso, Canada, Czech Republic, Greece, Hong Kong, Lesotho (new), Montenegro, North Sudan, Portugal, Republic of Iran, Saudi Arabia, Spain, St. Kitts & Nevis, Tanzania, Vietna,, Yemen, Zambia (new) & Mali
• INVESTMENT PROMOTION & PROTECTION AGREEMENTS (IPPA)
Mauritius has signed Investment Promotion and Protection Agreements (IPPAs) with a number of countries. IPPA encourage and protect investments by virtue of measures to minimize any deprivation of investments. In the worst case scenario, any deprivation of investments will have to be justly compensated. This provides additional comfort to investors since this can significantly reduce investment risks in countries where there are risks of nationalisation or expropriation. Furthermore, the IPPAs provide free repatriation of investment capital and returns. In Force: Barbados, Belgium/Luxemburg Economic Union, Burundi, China, Czech Republic, Egypt, Finland, France1, Germany, India, Indonesia, Kuwait, Madagascar, Mozambique, Pakistan, Portugal, Republic of Congo, Republic of Korea, Romania, Senegal, Singapore, South Africa Sweden, Switzerland, Tanzania, Turkey, UK & Northern Ireland, Zambia 1The Mauritius-France IPPA was renegotiated and a new one was signed on 8 March 2010. This is not in force yet. Awaiting Ratification/ In Progress: Benin, Cameroon, Comoros, Cote D'ivoire, Democratic Rep. of Sao Tome & Principe, Gabon, Ghana, Guinea Republic, Kenya, Mauritania, Nepal, Rwanda, Swaziland, Tchad, United Arab Emirates, Zimbabwe
