Starting a Business in Mauritius: Opportunities, Costs, and Success

Mauritius has become an increasingly attractive destination for international business over the past decade, offering a favorable environment for entrepreneurs worldwide. Opening a business there could mean easy access to nearby markets, great tax breaks, and an all-around helpful business scene.

Whether you're from there or just thinking about starting a Business in Mauritius, this guide will give you a comprehensive overview. We'll go over business ideas, costs, legal stuff, and what businesses make the most money there.

Why Start a Business in Mauritius?

Before diving into the “how,” let’s explore the “why.” There are compelling reasons why entrepreneurs are eyeing Mauritius in 2025.

1. Strategic Location

Mauritius, sitting in the Indian Ocean, is like a doorway to Africa, Asia, and the Middle East. It's a great spot for companies wanting to grow in those areas.

2. Tax Advantages

Mauritius offers:

• Low corporate tax rates (typically 15%, with potential incentives reducing it further)
• No capital gains tax
• No exchange controls
• Double taxation avoidance treaties with over 40 countries

3. Ease of Doing Business

Mauritius is usually at the top when it comes to the World Bank's Ease of Doing Business Index. It's easy to start a company there since things are simple and mostly online.

4. Political and Economic Stability

Mauritius enjoys a stable democracy, robust legal system, and a strong reputation for investor protection.

5. Skilled Workforce

English and French are widely spoken. The workforce is highly educated, especially in financial services, ICT, and hospitality sectors.

Why entrepreneurs are eyeing Mauritius in 2025

Starting a Business in Mauritius as a Foreigner: Is It Possible?

One of the most common questions is whether foreigners can own businesses in Mauritius. The good news? The answer is yes.

Foreign Ownership Rules

• Foreigners can own 100% of a business in most sectors.
• You’re not required to have a local partner for many business types.
• Certain sectors (like real estate development or certain financial services) may require additional licenses or approvals.

Residence Permits

Foreign entrepreneurs have several options to stay and operate legally in Mauritius:

• Investor Permit: Requires an initial investment (currently around USD 50,000) in a qualifying business.
• Occupation Permit: For professionals or self-employed individuals earning specified income levels.
• The Premium Visa is designed for non-working long-term visitors such as digital nomads, retirees, or remote workers. It is not suitable for individuals actively operating a local business in Mauritius.

For business operations, consider the Investor Permit or Occupation Permit, depending on your business structure and income.

If you’re considering starting a business in Mauritius as a foreigner, consult a professional advisor to navigate residency, tax, and legal requirements smoothly.

=> All about Information: Mauritius offshore company formation

7 Steps to Starting a Business in Mauritius Successfully

Let’s break down the process of starting a business in Mauritius into practical steps.

1. Choose Your Business Structure

Common business structures in Mauritius include:

• Limited Liability Company (LLC): The most popular choice for local and foreign entrepreneurs.
• Global Business Company (GBC): For businesses focusing on international operations with tax optimization benefits.
• Sole Proprietorship: Simpler but less protection for personal assets.
• Partnerships: Suitable for small enterprises or professional services.

2. Reserve Your Company Name

Check availability and reserve your preferred business name through the Companies and Business Registration Integrated System (CBRIS) online portal.

Break down the process of starting a business in Mauritius

3. Prepare Incorporation Documents

Typically required documents:

• Details of shareholders and directors
• Business activities description
• Registered office address in Mauritius
• Identity and address proofs for directors/shareholders

4. Register Your Company

Through the CBRIS system, submit incorporation forms and pay applicable fees. Registration usually takes 2–5 working days.

5. Obtain Relevant Licenses

Depending on your business type, you might need:

• Trade license
• Tourism license
• Financial Services Commission (FSC) licenses (for financial services)
• Environmental clearances

6. Open a Bank Account

Mauritian banks offer a range of corporate banking options. Some banks may request business plans and proof of funds for foreign entrepreneurs.

7. Register for Taxes

Register with the Mauritius Revenue Authority (MRA) for:

• Value Added Tax (if applicable)
• Corporate Income Tax
• PAYE (if hiring employees)

Best Business to Start in Mauritius in 2025

Wondering which business to start in Mauritius? The island offers diverse opportunities across industries. Let’s explore the best business to start in Mauritius this year.

1. Financial Services

Mauritius is a recognized international financial center. Areas like wealth management, fund administration, and compliance services are booming.

Why it’s profitable:

• Access to global markets
• Low taxation under GBC licenses
• High demand from Africa-focused investors

2. Tourism and Hospitality

Despite global challenges, tourism remains a cornerstone of the Mauritian economy.

Ideas include:

• Boutique hotels
• Luxury villas for rent
• Eco-tourism ventures
• Travel agencies catering to niche markets (honeymooners, adventure tourists)

3. Information and Communication Technology (ICT)

Mauritius is developing a “Cyber Island” vision, promoting tech startups and digital services.

Promising sectors:

• Software development
• BPO and call centers
• Digital marketing agencies

4. Renewable Energy

With government incentives for clean energy, solar projects and sustainable solutions are increasingly attractive.

5. Agro-Processing

Agro-businesses like organic farming, food processing, and specialty exports (vanilla, spices, tea) hold significant potential.

6. E-commerce

Mauritius’ internet penetration and growing middle class create fertile ground for e-commerce startups.

Explore the best business to start in Mauritius

Profitable Business in Mauritius: What’s Working Now?

Let’s dig deeper into profitable business in Mauritius, ideas proven to generate income.

Real Estate Development

Mauritius’ real estate market is open to foreign investors under schemes like:

• Property Development Scheme (PDS)
• Smart City Scheme

High-net-worth individuals are investing in luxury villas, apartments, and resorts. Foreign buyers gain residency rights when investing above certain thresholds.

Consulting Services

Professionals with expertise in compliance, tax, or legal fields can thrive by assisting foreign investors entering the market.

Export-Import Business

Mauritius benefits from favorable trade agreements with COMESA, SADC, and the EU under the EPA. You can make money bringing stuff in to sell here, or shipping out stuff made in Mauritius, like clothes or seafood.

Healthcare and Wellness

An aging population and rising health awareness fuel demand for:

• Clinics
• Specialized medical services
• Wellness centers
• Spa resorts

Costs of Starting a Business in Mauritius

The cost of starting a business in Mauritius varies significantly based on business type and industry. Here’s a general idea for 2025:

1. Company Registration Fees

• LLC incorporation: ~MUR 10,000 – 15,000 (approx. USD 220 – 330)
• GBC license fees vary depending on FSC classification.

2. Legal and Professional Fees

• Company setup assistance: USD 500 – 2,000+
• License applications: USD 200 – 2,000+, depending on sector

3. Office Rental

• Shared office space: USD 150 – 500/month
• Private office in business hubs: USD 600 – 2,000/month

4. Minimum Capital Requirements

Generally, no statutory minimum capital for LLCs, but banks may require minimum balances for account opening.

Taxation for Businesses in Mauritius

One of the major attractions of starting a business in Mauritius is the tax regime.

Corporate Income Tax

• Standard rate: 15%
• Partial exemption regimes reduce effective tax rates for qualifying activities (e.g., foreign-source income).

VAT

• Standard rate: 15%
• Mandatory registration for businesses exceeding MUR 6 million in annual turnover (~USD 132,000).

Personal Taxes

• Personal income tax is also capped at 15%.
• No capital gains tax.

Global Business Companies (GBCs)

• GBCs benefit from partial tax exemptions and access to Mauritius’ network of double tax treaties, ideal for international trading and investment holding.
• To benefit from partial tax exemptions, Global Business Companies (GBCs) must meet substance requirements such as:
  • Having at least two resident directors in Mauritius
  • Maintaining a registered office and qualified local staff
  • Keeping primary banking in Mauritius
  • Undergoing annual audits by approved auditors

Taxation System for Businesses in Mauritius

Challenges to Consider

While Mauritius offers many advantages, there are challenges entrepreneurs should plan for:

• Strict anti-money laundering (AML) compliance for financial services and banking
• High competition in tourism and hospitality sectors
• Import dependency for many raw materials
• Need for detailed business plans for bank account opening

Understanding the local business culture and regulatory environment is key to success.

Living and Working in Mauritius as an Entrepreneur

Beyond business, Mauritius offers:

• High quality of life
• Beautiful beaches and warm climate
• International schools and healthcare facilities
• Vibrant expat community

Many foreign entrepreneurs choose Mauritius not just for business but also for lifestyle.

Conclusion

Mauritius is indeed an attractive destination for business investors, offering a blend of scenic beauty and a strong, investor-friendly environment. The country stands out as a financial hub in Africa and beyond, especially for those looking to tap into nearby markets, manage international investments, or enjoy a good work-life balance. With its favorable tax system, skilled workforce, and strategic location, Mauritius is a prime choice for starting a business.

For foreigners, the process of establishing a business in Mauritius is straightforward and welcoming. The government has made it easier to navigate legal requirements, and there are plenty of sectors offering opportunities, from tourism and agriculture to finance and technology. It’s not just about Mauritius’ stunning beaches; it’s a place where entrepreneurial dreams can thrive.

If you’re considering starting a business in Mauritius, Offshore Company Services can help guide you through the setup process and provide professional services that ensure a smooth and efficient start to your business journey.