All Directors owe their fiduciary duty to the company for which they act. They have to be independent in carrying out their duties of the interests of not only the shareholders, the investment managers or the promotors. They must act as they see fit in the interests of all parties. Their overall Duties are as follows:-Read more.
Mauritius is an independent island nation about 2000 kilometers (1,200 mi) off the southeast coast of Africa. It was a British colonial possession from 1810 to 1968, the year of its independence. The government uses English as the main language. It was formally a French Colony.
Mauritius is a democracy with a government elected every five years. The most recent National Assembly Election was held on December 2014 in all the 20 mainland constituencies, and in the constituency covering the island of Rodrigues. Elections have tended to be a contest between two major coalitions of parties.
The 2006–2014 Ibrahim Index of African Governance ranked Mauritius first in good governance. According to the 2015 Democracy Index compiled by the Economist Intelligence Unit that measures the state of democracy in 167 countries, Mauritius ranks 18th worldwide and is the only African country with "full democracy".
Mauritius is a member of the World Trade Organization, the Commonwealth of Nations, La Francophonie, the African Union, the Southern Africa Development Community (SADC), the Indian Ocean Commission, COMESA and formed the Indian Ocean Rim Association.
Mauritius has an upper middle income economy, according to the World Bank in 2011. The World Bank's 2016 Ease of Doing Business report ranks Mauritius 49nd worldwide out of 189 economies in terms of ease of doing business. According to the Mauritian Ministry of Foreign Affairs, the challenges faced by country are heavy reliance on a few industry sectors, high brain drain, scarcity of skilled labour, ageing population and inefficient public companies and parastatal bodies.
Mauritius has built its success on a free market economy, according to the 2013 Index of Economic Freedom Mauritius is ranked as having the 8th most free economy in the world, and the highest score in investment freedom. The report's ranking of 183 countries is based on measures of economic openness, regulatory efficiency, rule of law, and competitiveness.
In education French is taught from an early age alongside English and creole. The O-Level and A-Level examinations are through University of Cambridge International Examinations. The Tertiary Education sector includes universities and other technical institutions in Mauritius. The country's two main public universities are the University of Mauritius and the University of Technology. The Tertiary Education Commission's Strategic Plan envisages Mauritius as a regional knowledge hub and a centre for higher learning and excellence. Currently there are over 14 tertiary education centres on the Island. It promotes open and distance learning to increase access to post-secondary education and lifelong learning locally and regionally.
The Boards of IQE in the Isle of Man and IQE Mauritius are pleased to announce the appointment of Deven Coopoosamy as Executive Director of IQE Mauritius with effect from 12th October 2015.Read more.
The Indian Prime Minister Narendra Modi attended the Mauritius Independence Day celebrations in March 2015 and reaffirmed the importance of the India/Mauritius relationship, as well as the deferment of the General Anti-Avoidance Rule (" GAAR") provision for another two years, the jurisdiction is beginning to see new flows of inward investment.Read more.
With a client base who continue to actively invest in both the African and Asian markets, our experienced team of professionals in IQE Mauritius are playing their part in supporting the growth that Mauritius is currently experiencing across a number of geographies and sectors.Read more.
Moira McHarrie, Executive Director and Steve McCafferty, Associate Director, recently spent a week in Mauritius promoting the IQE Mauritius proposition to a number of professional business partners and also engaged with the Mauritius Board of Investment on jurisdiction strategy.Read more.
We have the expertise to assist with multi-jurisdictional fiduciary services for international structures