ICECAP provides corporate administration solutions and specialises in administering alternative assets. We work with a full spectrum of clients from global law firms and banking institutions through to SMEs across Europe, Asia, Middle East and Africa.
ICECAP provides corporate administration solutions and specialises in administering alternative assets. We work with a full spectrum of clients from global law firms and banking institutions through to SMEs across Europe, Asia, Middle East and Africa.
Mauritius
Mauritius is a politically stable jurisdiction with a system of law inspired by English common law and French civil law, with a final right of judicial recourse to the Judicial Committee of The Privy Council of the United Kingdom, but at the same time being geographically and culturally close to countries in Africa and Asia.
The combination of political stability, lawfulness and geographic location makes Mauritius a preferred platform for establishing holding structures in the emerging markets of Africa and Asia. Mauritius is a member of the Southern African Development Community (SADC), the Indian Ocean Rim Association (IORA) and the Common Market for Eastern and Southern Africa (COMESA).
Why Mauritius
-
Mauritius is a well regulated tax efficient jurisdiction, subscribing to internationally agreed best practice
-
It has access to well educated human capital
-
It has a robust legal framework modelled on English common law
-
The island offers a wide range of diverse investment structures governed by a simple regulatory and tax framework
-
Mauritius has a strong Double Taxation and Investment Protection and Promotion Agreement framework
Investment into Africa
-
Economic activity on the African continent is projected to grow at 4.5% per annum over the next few years
-
Africa’s population is expected to be the fastest growing between 2018 – 2050, with an expected doubling of the population to c2.4 billion, representing more than 25% of the worlds population
-
By 2025, an additional c200 million people in Africa are expected to be living in urban areas
-
Africa’s infrastructure requirements amount to US $130-170 billion a year
-
Africa has significant natural resources (c10% of global oil reserves, c40% of gold and c80% of chromium and platinum). However, Africa only accounts for 1% of global manufacturing and 2% of world exports
-
Africa has significant natural resources (c10% of global oil reserves, c40% of gold and c80% of chromium and platinum). However, Africa only accounts for 1% of global manufacturing and 2% of world exports
Mauritius continues to be used as a platform for investment into Africa and Asia and to reinforce its reputation as a jurisdiction of substance through its network of IPPAs and DTAs.
Neil Hagelthorn
Managing Director, Mauritius
ICECAP (Mauritius) Limited
Block 1C
Cascavelle Business Park
Cascavelle
Republic of Mauritius