the Gateway for Africa
29 May 2024

INTERCONTINENTAL TRUSTThe Mauritius IFC

Considering Mauritius as a base
FOR AFRICAN OPERATIONS

Other
Africancountries

Nigeria

Kenya
DRC

South
AfricaBridging Asia and Africa

The Flow ofInvestmentsin Africa
through
Mauritius$82 Billion
ForeignInvestment
from Mauritius
to Africa

In 2020, Mauritius accounted for around
9% of the total stock of FDI in Africa.

Note: Figures are in USD million
Source: Mauritius Economic Development Board (EDB)TABLE OF

CONTENTS

01

02

WHY
MAURITIUS?

LEGAL STRUCTURESIN MAURITIUS

03

04

TAXATION IN
MAURITIUS

BUSINESS ACTIVITIESUNDERTAKEN IN
MAURITIUS

05

06

WORK & LIVEIN MAURITIUS

ITL & SERVICE
OFFERINGSThe Mauritius Advantage
Hybrid Legal System based on French civil law
and British common law systems
Political Stability: Westminster style democracy
Good Governance – Free elections every 5 years

Mauritius is part of Africa: Member of COMESA,
SADC, the World Trade Organisation (WTO),
African Union, African Continental Free Trade
Area (AfCFTA) and other economic blocs

On OECD, EU & FATF whitelist(Mauritius complies with all 40
FATF requirements)

Business Friendly Environment
Strong Financial Services, Banking,
Capital Market sectors
SEM – multicurrency trading

Availability of Human Capital at reasonable cost –Skilled & qualified professionals
Bilingual population
English (official language) & French

Substance, robust diversified economy with
Tax & Investment Protection treaties, DTAAs
in place with several countries

Convenient location

Exquisite lifestyle
International standards in education & health
Excellent digital and physical connectivity

Time Zone:
GMT +4

MAURITIUS

The Choice of an IFC – Why Mauritius?
Cost

Risk mitigation

Certainty in Tax Regime/ Tax neutrality▪ Low Taxation▪ Domestic and international tax treatment
and agreements▪ Access to most favorable tax treaties and
IPPAs

Politico-social Situation: Political Stability andGood Governance

Rule of law
Reputable and Trusted Legal System
UK Judicial Committee of Privy Council
dispute resolutions, arbitration / case law

Human capital

Investment risk
▪ Access to Bilateral investment treaties / IPPAs▪ Insurability

Highly qualified professionals
Reasonable costs for high quality
service deliverables

Business Environment
Progressive and flexible legislations that evolve tomeet business demand and cater for businessneeds to facilitate cross border transactions

Ability to have substance /a real business
Ability to have an office, relocate andhire staff and have formal operations incountry

Availability of varied and tailor-made businessstructures / time frame
Reputable Service Providers, Advisors and Partners

Market access
Global Connectivity
Digital and physical connectivity
Access to important economic zones;
preferential trade agreements
Membership to different economic zones(SADC, AGOA, COMESA, etc.)

Access to Capital, Debt andsophisticated banking system▪
▪

Access to Finance, Trade and other opportunities
Access to Stock Exchanges, Capital Markets, IPOs, etc.

▪

Access to Experts, reputable Banks

SEM is a full-fledged member of the World Federation of Exchanges

Reputation of the jurisdiction▪ Compliant to international standards and norms(FIAMLA, FATF, EU, OECD…)▪ Not on any adverse global list

Track record of successful businesses

Market Access to 70%of the World Population

Europe

Asia (East/West)

Middle East

Caribbean

Angola*Botswana (New)**
Cabo Verde
Comoros*
Rep of Congo
Egypt
Eswatini (previously known as

Belgium
Croatia
CyprusEstonia
FranceGibraltar**
Germany
Guernsey
Italy
JerseyLuxembourg
MonacoMalta
SwedenUnited Kingdom
Russia*Bangladesh
China
Hong Kong
India
Malaysia
Nepal
Pakistan
Singapore
Sri Lanka
Thailand

Kuwait
Oman
Qatar
UAE

Barbados
Guyana**Swaziland)

Gambia**Gabon*
Ghana
Kenya*
Lesotho
Malawi**Madagascar
Morocco*Mozambique
Namibia
Nigeria*
RwandaSouth Africa
Seychelles
Tunisia
UgandaZimbabwe

Oceania
Australia

Double Taxation Avoidance Agreement Network
With African countries: 24 DTAAs(* Awaiting ratification) & (** Awaiting signature)
20 treaties being negotiated :Algeria, Burkina Faso, Canada, Cote D'Ivoire, Czech Republic (New), Greece,
Montenegro, Republic of Sudan, Portugal, Republic of Iran, Saudi Arabia, Senegal(New), Spain, St. Kitts & Nevis, Tanzania, Vietnam, Yemen, Zambia (New), Mali and
Republic of Turkey

Double Taxation Avoidance Agreement Network

AfricaEurope

Asia (East/West)

Middle East

Caribbean

BurundiBenin*
Cabo Verde
Cameroon*
Comoros*
Rep of Congo
Cote D’Ivoire*
Egypt
Eswatini* (previously known as

Belgium
Czech Republic
FinlandFranceGermany
Luxembourg
Portugal
Romania
SwedenSwitzerland
United Kingdom/Northern Ireland

China
Indonesia
Rep of Korea
Nepal*
Pakistan
Singapore

KuwaitUAE

Barbados

Swaziland)

Gabon*
Ghana*
Guinea Republic*
Kenya*
Madagascar
Mauritania*
MozambiqueRep of Sao Tome & Principe*
Rwanda*SenegalSouth Africa
Tanzania
Tchad*
TurkeyZambiaZimbabwe*

Oceania
Australia

Investment Promotion and Protection Agreements
With African countries: 25 signed IPPAs(* Awaiting ratification)

Investment Promotion and Protection Agreements

AfricaIPPA

Covers every
kind of asset

Expropriation

Includes shares, real estate,concessions to search for,cultivate, extract or exploit
natural resource

Right to Compensation

NonDiscrimination
Treatment of Investments

War / armed conflict

Free repatriation of
Investment Capitaland Return

Disputes between
Contracting Parties
Provision for International
Arbitration

Retroactive

Legal Structures
available in Mauritius

Legal Structures available
in Mauritius
01

Funds - CIS/CEF

Domestic Company
Freeport Company

02

09
Protected Cell Company
Limited Partnership

03

Global Business Company

Available structures

08

Authorised Company

Legal Entities

Variable Capital Company

04
Foundation

07

Trust
06

05

Global Business Company

Authorised Company

Domestic Company

Business is conducted principally outside of Mauritius(up to 50% can be done in Mauritius)
Control and Management (CMC) are in Mauritius

Business is conducted outside of Mauritius

Business is conducted principally in Mauritius

Control and Management (CMC) outside of Mauritius

Control and Management (CMC) are in Mauritius

Needs to implement substance in Mauritius
Tax resident
Benefits from tax treaties

No substance in Mauritius
Not resident for tax purposes
Not eligible to benefit from tax treaties

Substance is in Mauritius
Tax resident
Benefits from tax treaties

The Core Income Generating Activities (CIGA)
should be carried in, or from, Mauritius, as required
under the Income Tax Act

No CIGA in Mauritius

Not Applicable

Considered to be non-resident for tax purposes
but needs to file an annual tax return

Taxed at 15%

Can conduct Financial Services

Cannot conduct Financial Services

Can conduct Financial Services

Required to file audited financial
statements

No audit requirement –only financial summary to be filed

Audit requirement and/or filing of financialsummary depending on turnoverOccupation P ermits for expatriate staff

Foreign Investors/Directors cannot apply
for Occupation Permit

Occupation P ermits for expatriate staff

Taxed at 15% but benefits from partial exemption of 80%
on certain streams of income (95% on interest income derived
by a CIS or Closed-end Fund licensed/approved by the FSC)

TRUST

FOUNDATION

Registration with the Registrar

No

Yes

Separate Legal Personality

No

Yes

Records disclosed upon Court order

Records not available for public inspection except upon
authorisation by the secretary or FSC

Registered Office in Mauritius

N/A

Yes

SecretaryNo

Yes

Protector

Yes

Yes

Confidentiality

Taxable only on Mauritius sourced income.
Tax Status

Tax Return to be filed with MRA within 6 months of accounting year end.
80% partial exemption on certain income streams.

Re-Domiciliation

By change of Trustee and Proper Law

AllowedAsset Ownership

Ownership is vested in Trustee

Owns asset directly

By Trustee

By Council and Officers

Up to 99 years

Perpetual

Application for Global Business Licence

Yes

Yes

Can the entity have a Charitable status?

Yes

Yes

Tax exempt

Tax exempt

Management of Assets
Duration

Tax status of Charitable entity

Uses: (i) Asset protection, (ii) Estate Planning, (iii) Employee Share Ownership Plan (ESOP), (iv) Charitable purposesOther types of Structures
available in Mauritius
Fund Structures

Special Licences

2 main types of Funds used in Mauritius:

Examples of licensed activities:• Investment Adviser / Investment Dealer• Payment Intermediary Services• Virtual Asset Service Provider• Family Office• Insurance / Reinsurance

i. Closed Funds (CEF): PE funds / Venture Capital Funds
ii. Open-Ended Fund (OEF): Hedge Funds

01

06

Protected Cell Company (PCC)

Variable Capital Company (VCC)••••

Standalone entity or an umbrella structure comprising
sub-funds.
SPVs can also be set up under the VCC or its subfunds
Sub-funds can hold open-ended or closed end fundlicencePrimary objective of a VCC is to operate as fundthrough sub-funds and SPVs

05

02

03

Limited Partnership

Main feature: provision to divide its assets into one or more
self-contained classes called “Cells” for the purposes ofseparating and protecting individual Cell assets fromfinancial contagion i.e. the losses incurred from/on its otherassets.

Corporate Tax
in MauritiusCorporate Tax in Mauritius
Corporate Tax : 15%

Global Business Company:
80% Partial Exemption on
certain income streams

Authorised Company:
Considered to be non-resident
for tax purposes and required tosubmit a return of income to the
MRA within 6 months of its
financial year end.

No Capital Gains Tax

No Tax on Profits on
Sale of Shares

Availability ofunderlying and tax
sparing credit

No Withholding Tax on
payments from
Mauritius

Trading Companies :3%

Various tax incentives
depending on businessactivities

Taxation▪

Foreign source dividend;▪

Interest income* derived by a company other than:▪
▪
▪

Global Business Company

▪
▪
▪
▪

Taxed at the rate of 15% but
under the Partial Exemption
Regime (PER), it benefits
from an exemption of 80% on
the following streams ofincome, subject to satisfying
the substance requirements:i.

carry out its Core Income Generating
Activities (CIGA) in, or from, Mauritius, as
required under the Income Tax Act;ii.

employ directly or indirectly an adequate
number of suitably qualified persons to
conduct their CIGA; andiii.

incur a minimum expenditure proportionate totheir level of activities.

a bank as referred to under section 44C of the ITA;
a non-bank deposit taking institution;a money changer;
a foreign exchange dealer;
an insurance company;a leasing company; anda company providing factoring, hire purchase facilities, or credit sales facilities.

▪

Profit attributable to a permanent establishment, which a resident company has in a foreigncountry;▪

Income, other than interest, derived (either from Mauritius or from abroad) by a CIS or Closedend Fund licensed/approved by the FSC;▪

Income derived (either from Mauritius or from abroad) by a CIS Manager, CIS Administrator,
Investment Advisor, Investment Dealer or Asset Manager licensed/approved by the FSC;▪

Income derived by a company engaged in ship & aircraft leasing;▪

Income from locomotives and trains leasing (including rail leasing);▪

Income derived by a company from reinsurance and reinsurance brokering activities;▪

Income derived by a company from leasing and provision of international fibre capacity;▪

Income derived by a company from the sale, financing arrangement, asset management ofaircraft and its spare parts and aviation advisory services related thereto; and▪

Interest derived by a person from money lent through a Peer-to-Peer Lending platform.

* A partial exemption of 95% is available on interest income derived by a CIS or Closed-end Fund licensed/approved by the
FSC.

Business Activities
undertaken in Mauritius

Using Mauritius asa gateway to Africa

Business Activities
undertaken in
Mauritius

Holding jurisdiction

01

Trading platform

02

Freeport activities

03

Headquarter Administration

04

Treasury Activities

05

Typical Holding Structure
HoldCoDividend
Interest

Share Capital
Loan

No WHT
No WHT

Taxation of GBC: 15%

Mauritius

GBC

80% exemption available under Partial
Exemption Regime (PER) for Dividend
and Interest Income
Capital Gains - Tax Exempt

Dividend
InterestCapital Gains

AfricaInvestmentsin Africa

Alternatively, Foreign Tax
Credit (FTC) available provided
that PER is not claimed

WHT reduced byTreaty provisions

Mauritius as a platform
for your trading operations
The Mauritius International Financial Centre (“MIFC”), as a sophisticated financial services platform, has been supporting trade flows for multinational operations for overthree decades.

No requirement to physically transit the goods
through Mauritius

Bank Accountopening
Transactions between any two jurisdictions globally

A perfect springboard for further expansion to
African countries

Invoicing, Debtors’ management,
Management of shipping documents,
Bank operations management,
Trade finance facilitation& administration

Sophisticated banking infrastructure supporting
major trading currencies, trade finance facilities
such as LCs, bank guarantees, Comfort letter.

Strong legal and regulatory framework protecting
the interests of all parties in the transactions

Companies available for trading:
Entities not physically transiting goods in Mauritius: resident trading company(GBC | taxed at 3%) and non-resident trading company (AC | tax exempt)
Entities physically transiting goods in Mauritius: Domestic Freeport Company(taxed at 3%)

Compliance &Due-Diligence

Operationof the trading
desk:

Setting up andlicensing of
the entity

How can
ITL help?

Accounting& Tax

Taxation of Trading Companies▪

Trading Companies benefit from a reduced
tax rate of 3% on chargeable income
attributable to export of goods.

▪

Export of goods includes international buying
and selling of goods by an entity in its own
name, whereby the shipment of such goods
is made directly by the shipper in the original
country to the final importer in the importing
country, without the good being physicallylanded in Mauritius and selling of aviationfuel to an airline.

Freeport Company
Entities transiting goods in Mauritius

Key Facts:
Set up in 1992 with the main objective ofpositioning Mauritius as a key regional hub
for trading and logistics, the Mauritius
Freeport has throughout the years
progressively developed over 500,000 m2
of declared Freeport zones with state-ofthe-art logistics infrastructure including
customised warehouses, cold rooms,
processing units, open air storage andintegrated office facilities.

Ranking

No. 1 in Africa& Top 10 Worldwide

DeclaredFreeport
Zone:

80 Ha of land declared for freeport
550,000 m2 of land freeport infrastructure

Location of
Freeport
Zones

268 registered freeport operators
3 private freeport developers
10 third party freeport developers

Freeport
Operators &Developers:

Port Area | Vicinity of SSR International Airport
Riche Terre Business & Ind. Park | Jin Fei

Total Trade

Trade volume of 261,518 tons
Trade value of USD 809 million

FREEPORT OPERATORS –PERMITTED ACTIVITIES

01

Warehousing and storage

08

Storage, maintenance and repairs ofempty containers

02

Breaking bulk

09

Quality control and inspection

03

Sorting, grading, cleaning and mixing

10

Export and re-export-oriented airportand seaport-based activities

04

Labelling, packing, repacking andrepackaging

11

Vault for keeping gold, silver, platinum,
precious and semi-precious stones, precious
metals, pearls, works of art and collectors’
pieces and antiques

05

Light assembly

12

Security, courier, assaying or exhibitionarea, as the case may be, used whollyand exclusively for Vault

06

Minor processing

13

Minting of precious metals

07

Ship building, repairs andmaintenance of ships and aircrafts

14

Refining of precious metals

Source: Freeport Act 2004

FREEPORT OPERATORS - INCENTIVESThe Freeport legislation provides for a liberal andcomprehensive package of incentives for Freeport Operators
looking for a cost-effective logistics platform as follows:01

Duty-free and VAT free for goods andequipment imported into Freeport zones

02

3% corporate tax on export of goods

03

Preferential market access (AGOA, SADC,
COMESA, EPA, FTA etc.), subject tomeeting certain conditions

04

100% foreign ownership

05

Reduced port handling charges

06

8-year income tax holiday* to new Freeport
Operators making an investment of at least
MUR 50 million (c. USD 1.12M)*subject to meeting the relevant substance requirements

Source: Mauritius Economic Development Board (EDB)

Special licences/
Incentives forGroups setting up
their operationsin Mauritius

Global Headquarters Administration Licence(GHAL)

Global Treasury Activities Licence(GTAL)

Global Headquarters Administration
Licence (GHAL)

Governed under the provisions of the Financial Services Act 2007 (FSA) and the Companies Act 2001, a Global Headquarters Administration Licence, isa Mauritian entity holding a valid global business licence. A Global Headquarters Administration Licence falls under the aegis of the Mauritius Financial
Services Commission (FSC).

GHAL
Services related to international
Corporate headquarters in
Mauritius

Administration andGeneral Management

Key Features
Business Planning andDevelopment andCoordination

Economic or investment
research and analysis

As per the Financial
Services Act (FSA),
Global Headquarters
Administration means
the provision of at least
3 of the following
services to at least 3
related corporations*:

Administration of e-commerce

Such other global headquarters
administration services as may be
specified in the FSC Rules*According to the Companies Act 2001, a company is related to another company where a)the other company is its holding company or subsidiary;b)more than half of the issued shares of the company, other than shares that carry no right to participate beyond a specified amount in a distribution of either profits or capital, is held by the other company and companies related to that other company (whether directly or indirectly, but otherthan in a fiduciary capacity);c)more than half of the issued shares, other than shares that carry no right to participate beyond a specified amount in a distribution of either profits or capital, is held by members of the other company (whether directly or indirectly, but other than in a fiduciary capacity);d)the businesses of the companies have been so carried on that the separate business of each company, or a substantial part of it, is not readily identifiable; ore)there is another company to which both companies are related.

GHA: Main Characteristics

8-year tax holiday, provided
income is derived from
activities and meet theminimum employment andsubstance requirements

Minimum annual operating
expenditure of
MUR 5 million(approximately USD 115k)

Employ 10 professionals
with at least 2 atmanagerial positions

Registered Address in
Mauritius

The documents and company papers
shall be kept at the registered officein Mauritius (documents may be sent
at regular intervals)

Primary bank accountin Mauritius

Global Treasury Activities Licence (GTAL)

Governed under the provisions of the Financial Services Act 2007 (FSA) and the Companies Act 2001, a Global Treasury Activities Licence, is a
Mauritian entity holding a valid global business licence. A Global Treasury Activities Licence falls under the aegis of the Mauritius Financial Services
Commission (FSC).

Arrangement for credit
facilities, including credit
facilities with funds obtained
from financial institutions in
Mauritius or from surpluses of
network companies

Arrangement forderivatives

GTAL
Key Features
As per the Financial
Services Act (FSA),
Global Treasury
Activities means theprovision of at least 3 ofthe following services toat least 3 related
corporations*:

Credit administration and control

Factoring, forfeiting and reinvoicing activities

Guarantees, performance bonds,
standby letters of credit andservices relating to remittances

Corporate Finance
Advisory
Management of funds for designatedinvestments*According to the Companies Act 2001, a company is related to another company where a)the other company is its holding company or subsidiary;b)more than half of the issued shares of the company, other than shares that carry no right to participate beyond a specified amount in a distribution of either profits or capital, is held by the other company and companies related to that other company (whether directly or indirectly, but otherthan in a fiduciary capacity);c)more than half of the issued shares, other than shares that carry no right to participate beyond a specified amount in a distribution of either profits or capital, is held by members of the other company (whether directly or indirectly, but other than in a fiduciary capacity);d)the businesses of the companies have been so carried on that the separate business of each company, or a substantial part of it, is not readily identifiable; ore)there is another company to which both companies are related.

GTA: Main Characteristics

5-year tax holiday, provided
income is derived from
activities and meet theminimum employment andsubstance requirements

Minimum annual operating
expenditure of
MUR 2 million(approximately USD 45k)

Employ 4 professionals
with at least 1 atmanagerial positions

Registered Address in
Mauritius

The documents and company papers
shall be kept at the registered officein Mauritius (documents may be sent
at regular intervals)

Primary bank accountin Mauritius

Work & Livein Mauritius

Work and Live in Mauritius
Categories of Permits
Investor (main)OP (10 years): Initial Investment
of USD 50,000 to be made within
60 days from issuance of the OP.
Applicant to submit:(i) sufficient proof of funds; and(ii) a written undertaking to wire
the USD50,000 to his or her
Mauritius bank account within 60
days from issuance of the OP.

Investor(Machinery & Equipment)

Investor (Innovator)

OP (10 years): Initial Investment of USD OP (10 years): Submission of
50,000 to be made within 60 days from an innovative project to the EDB
issuance of the OP.
(no minimum investment) orregistered with an incubator
Applicant to submit:
accredited with the Mauritius(i) sufficient proof of funds; andResearch Council.
(ii) a written undertaking to wire theinvestment in cash of USD25,000 to his
or her Mauritius bank account within 60
days from issuance of the OP.

Professional

No initial transfer of funds

Self-employed

Retired (above 50 yrs)

OP (10 years): Initial Investment of
USD35,000 to be made within 60
days from issuance of the OP.

RP (10 years): Applicant to submit:

Applicant to submit:(i) sufficient proof of funds; and(ii) a written undertaking to wire
the USD35,000 to his or her
Mauritius bank account within 60
days from issuance of the OP.

a certified bank statement from hisor her country of origin/residence
showing:(i) a minimum amount of
USD18,000;(ii) or a guaranteed minimum
income of USD1,500 per month.

The equivalent of the remaining
USD25,000 shall be in terms of hightech machines and equipment.
Gross Income > MUR 4M(approx. USD 90K) – as from 3rdyear of operations

Gross Income > MUR 4M (approx. USD N/A90K) – as from 3rd year of operations

OP (9 months/ 2 years/ 3-10
years) depending on employment
contract

Business income > MUR 800K
(approx. USD 18K) as from 3rdyear of operations

N/A

PR (20yrs) : Business income >MUR 3M (approx. USD67) for 3
consecutive years immediately
preceding the application

PR (20yrs) : transfer at least USD
54,000 annually to his/her local
bank account in Mauritius during
the period of 3 years preceding theapplication.

Monthly Salary > MUR 30K(approx. USD 670 monthly)
PR (20yrs) : Gross Income >MUR 45M (approx. USD 1M) for
any consecutive period of 3 years
preceding the application

PR (20yrs) : Gross Income > MUR 45M(approx. USD 1M) for any consecutive
period of 3 years preceding theapplication

PR (20yrs) : Gross Income >MUR 45M (approx. USD 1M) for
any consecutive period of 3
years preceding the application

PR (20yrs) : Monthly Salary >MUR 150K (approx. USD3.3K)
for 3 consecutive years
immediately preceding theapplication

Acquisition of Property
Under the Schemes:

Residential unit developed under the IRS, RES,
PDS, smart city or sustainable city

Apartments (in a ground +2 building)

For non-citizens above 50 years – in a PDS
project related to Senior living

Value

Permanent
Residence Permit
available> USD375,000

Yes

Minimum of MUR
6M (USD150,000)

Only if purchaseprice is at least
USD375,000> USD200,000

YesTaxation of Individuals
Income tax rate on annual chargeable income ranges from 0- 20%

Foreign income taxable only on remittance basis

Tax resident with at least 183 days in Mauritius in relevant fiscal year, or aggregate 270 days over 3 fiscal years(Fiscal year: 1 July to 30 June)

Certain interest (Government securities) and dividend from resident companies are exempt

No capital gains taxes

No inheritance taxes or gift duties

Public
Schools

International
Schools

Free education➔ Cambridge A level➔ SC/ HSC or GCSE “O”“A” levels

English Medium Schools ➔International Baccalaureate
French Schools ➔ French
Baccalaureate

Education in
Mauritius

Tertiary
education

Multiple private universities
incollaboration
withoverseas institutions (e.g.
Curtin,Middlesex,
ParisPanthéon-Assas)

Health Carein Mauritius

Mauritius offers a vast choiceof medical and emergency
health facilities and boasts
several public and private
hospitals and clinics thatdeliver health care services
as per international norms
and standards.

Lifestyle in
Mauritius

ClimateWith its tropical climate, Mauritius enjoys
pleasant, sunny weather all year round.

NauticalSports

The warm waters of the Mauritian lagoon
are the perfect playing ground for water
sports lovers.

Nature

The island offers plenty of places to explore andbreathtaking panoramas to match, from towering
mountain tops to lush valleys. Hiking, trail
running, mountain biking, amongst others.

Golf

Mauritius is a golfer’s paradise with several
championship courses.
Some recommended choices: Tamarina Golf
Club, Heritage Golf Club, Mont Choisy Golf Club
amongst others.

ITL at a glance

Established in 1999
Licensed by the FSC

One of the leading Management
Companies in Mauritius

Diversified Client Basefrom HNWI to High
Profile Institutions

OUR PRESENCE
MauritiusFirst Management Company in
Mauritius to successfully complete
an ISAE 3402 Type II audit by
PwC and successfully maintainedthat certification from 2011 till now

Asset under Administration:$60bn

People : +200 employeesFirst leading Management
Use of specialised Fund
Company in Mauritius to be
Accounting software, FundCountaccredited as an Authorised
Training Employer by the Instituteof Chartered Accountants in
England and Wales

Principals involved in the Global
Business sector in Mauritius
since its inception
Senior Management Experienceof +250 Years

High quality service basedon Continuity, Stability andConsistency

Secured Service provider
World-Class level IT infrastructure
Migration to Microsoft Azure Cloud
infrastructure since 2022

ITL is a signatory to the United Nations
Global Compact (UNGC)
One of our Directors, also represents ITL
on the council of the Global Compact
Mauritius and Indian Ocean Region

Seychelles
South Africa

OUR SERVICES
Corporate and Fund Services
Structuring advice and set up of entities
Corporate and Fund Administration
Company Secretarial and Board Meeting services
Bank account opening
Pension Administration
Registry and Transfer Agent services
Escrow services

Private Wealth / Family OfficeSuccession Planning & Family Governance
Trusts, Foundation & Trustee Services
Full relocation services
Investment Advisory

Accounting
Accounting & Outsourcing
Accounting Advisory
Training

Payroll and HR
Fully Managed Payroll
Employees Share Ownership Plan (ESOP)
Employees screening
Human Resource Management

Tax
International tax planning
Tax advisory and complianceTax litigation
FATCA/CRS assistanceTraining

Insolvency
Winding up of different types of structures

Corporate Finance and Advisory
Capital raising (debt & equity)
Transaction advisory
Business Plan and Valuation
Financial Due Diligence

Sustainability Consulting
Strategy development
ESG monitoring and reporting
Assurance and verification
Advisory and guidanceCompliance and Regulatory
AML/ CFT Compliance
Data Protection
Corporate GovernanceTraining

Investor Communications
Investor communication strategy
Integrated ReportingXBRL filings

Capital Markets
Investment / Portfolio Management
IPO and Listing Sponsor Services
Brokerage services (local and international)

Technology Solutions
IT Audit
Cyber Security
Cloud Solutions
IT Outsourcing

THANK YOU
CONTACT US

Any questions?

Francoise Chan, Executive Director(230) 403 0812

fchan@intercontinentaltrust.com

Mauritius | Seychelles | South Africa
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