Bank Account in Mauritius

Description

Mauritius is considered as one of the top Tax Havens alongside the Cook Islands & Switzerland. Tax haven Mauritius offers offshore customers a tax-free condition for capital investment. Offshore bank accounts in Mauritius can be guaranteed that the interest gained in such bank accounts isn't taxed. Mauritius has a large, bank-dominated financial sector. The financial sector contributes to about 10% of the GDP. The Banking licenses are provided under the Banking Act 2004, which allows banks to carry both domestic and offshore bank activities.