Mauritius
Explore what Mauritius has to offer for family offices. Learn more about their lifestyle benefits, transparent regulation and professional services for long-term stewardship.
Regulatory Body
Financial Services Commission (FSC)
Tax Environment
15% corporate income tax with an 80% partial exemption on qualifying foreign income (effective rate around 3%), progressive personal tax with a 35% top band on chargeable income above MUR 12 million from 1 July 2026, and no capital gains, inheritance or withholding tax.
Introduction
Mauritius has come a long way from a sugarcane economy. In 1968, at the time of independence, sugar exports accounted for over 90% of the island's total export earnings, and the sector was the largest contributor to GDP and employment. Recognising the unsustainability of relying on a single crop, starting in the 1970s and 1980s, the Mauritian government successfully pursued a strategy of economic diversification, often referred to as the "Mauritian Economic Miracle." Key economic sectors rapidly grew to replace the dominance of sugar in Mauritius, including Manufacturing, which is primarily textiles and garments, driven by the creation of Export Processing Zones (EPZs) and favourable trade agreements. Tourism also became a major luxury travel destination by leveraging the country's natural beauty. Furthermore, Financial Services established Mauritius as a prominent International Financial Centre. Today, while sugar cane is still grown, its contribution to the national GDP and export revenue is a small fraction of what it once was. The island has transformed into a diversified, service-based, upper-middle-income economy. The Financial Services Commission (FSC) regulates a formal family office regime through the Financial Services (Family Office) Rules 2020, establishing clear pathways for both single-family and multi-family structures. This regime extends far beyond investment oversight, covering estate administration, accounting, governance, and philanthropic services. For families seeking a compliant and efficient base, Mauritius remains a compelling choice for long-term stewardship.
Key Numbers
Evaluation
Mauritius offers a competitive and transparent tax environment tailored to cross-border wealth management. The standard corporate income tax rate is 15%, but qualifying foreign income can benefit from an 80% partial exemption, reducing the effective rate to roughly 3%. Licensed SFOs and MFOs that meet substance thresholds, including minimum AUM, capital requirements, and local staffing, may access a ten-year tax holiday at a zero per cent rate. Personal taxation is progressive: the 2026-27 Budget introduced a top band of 35% on annual chargeable income above MUR 12 million with effect from 1 July 2026, replacing the Fair Share Contribution, while chargeable income below that threshold is taxed at up to 20%. Foreign-sourced income is taxed only upon remittance, giving globally mobile families flexibility over how and when income is recognised. Mauritius also imposes no capital gains tax and no withholding tax on dividends or interest.
Resources Directory
Key Highlights
Licensed family office regime
The Financial Services Commission regulates single and multi-family offices under the Financial Services (Family Office) Rules 2020.
Ten-year tax holiday
Eligible single and multi-family offices meeting substance thresholds may access a ten-year income tax holiday at zero per cent.
No capital gains tax
Mauritius imposes no capital gains tax, no inheritance tax, and no withholding tax on dividends or interest paid abroad.
Gateway to Africa
A hybrid Common and Civil Law system with free capital movement makes Mauritius a stable base for cross-border African and Asian holdings.
