Fund Managers, Investment Managers and Law Firms planning to invest in India or already investing on Indian Stock Markets, can route such investment through Mauritius to benefit from the t
Fund Managers, Investment Managers and Law Firms planning to invest in India or already investing on Indian Stock Markets, can route such investment through Mauritius to benefit from the tax unique advantages under the India-Mauritius Double Taxation Agreement (DTA).
With the increasing complexities and administrative burden imposed by the Indian authorities on Foreign Institutional Investors (FIIs) trading on the Indian stock markets, and more recently, the tightening up of the rules by the SEBI for the purchase of shares and bonds in Indian companies through Participatory Notes (PN), India has shown its intention to closely monitor trading on its stock markets, specially investments from foreign investors. Using Mauritius to route investments in India would be beneficial in several aspects.
The India-Mauritius DTA coupled with the tax regime applicable to global business companies have attracted numerous institutional investors to route their investments in India through our jurisdiction. In fact, nearly 30% of the FIIs trading on the Indian stock market operate from Mauritius and benefit from the 'no capital gains tax' provisions under the DTA and no withholding tax on dividends in Mauritius.
In addition to the attractive tax concessions and fiscal incentives of the Mauritius jurisdiction, including the India-Mauritius DTA, the trust and confidence of the Indian authorities in the Mauritius International Financial Centre have proved to be a definite advantage when compared with other offshore jurisdictions.
Mauritius is a trusted location for international financial services if you are looking for a cost competitive jurisdiction supported by attractive tax concessions and fiscal incentives, a wide network of tax treaties, a high level of expertise, modern legislation and a strategic location at the doorstep of Africa and the Middle East, between Asia-Pacific and Europe-America.
Belgrave Legal in Mauritius can assist and advise you with respect to the advantages of setting up a structure in Mauritius for the purpose of investing in India.
W are a private law group comprising of qualified and experienced multilingual practitioners. We specialise in providing company, commercial, tax advice to high net worth individuals, companies and firms as well as advising on investment or fund structures. We strive to seek the best solutions and we always ensure that our follow-up is smooth and efficient and our documentation is user-friendly.