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Mauritius

A Land of Opportunities

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ABOUT US

Incorporated in Mauritius, Crystal Rock Investments is a one-stop-shop providing efficient solutions to meet your business needs.

Our goal is to provide outstanding services to enable our business partners to successfully set up operations in Mauritius, with a view to further expand their footprint in Africa.

Our extensive networks across Africa, Asia and Europe enables us to connect the dots and further enhance business development worldwide.

Acquiring experiences throughout the years, we have developed technical skills and expertise to help our clients sustain growth and optimise revenues.

Crystal Rock Investments is comprised of a group of experienced professionals in the fields of management, finance, legal, trading and investments.

MAIN ACTIVITIES

Business Advisory

Company Registration

Business Facilitation for Licences and Permits

Mergers & Acquisitions

Real Estate Developments

Trading (Import & Export)

REASONS FOR USING MAURITIUS

Strategically located, Mauritius is one of the go-to destinations to invest and remains a true crossroad between Asia and Africa due to its beneficial international treaties that makes it a gateway to European and American markets.

Mauritius has a transparent and well-defined investment code, as well as a robust legal and financial system, that have made foreign investment climate in the country one of the best in the region.

The time zone (GMT+4) enables trading and business to be conducted with Africa, Europe, Asia and the US on the same business day
Mauritius is a democracy with a government elected every five years
Mauritius has a fully functioning and effective legal system that derives from both French civil law and English common law
Mauritius has a fully functioning and effective legal system that derives from both French civil law and English common law
The MIAC brings the highest level of dispute resolution services to the international community. From its establishment in 2011 until 2018, MIAC operated as part of a joint venture with the London Court of International Arbitration (LCIA-MIAC Arbitration Centre)
Mauritius has been dubbed the ‘Gateway to Africa’ due to an extensive network of DTAs that enable it to act as a staging post for investment into Africa
Mauritius operates a ‘low tax’ rather than a ‘no tax’ regime. The maximum corporate tax rate is 15% but certain income streams, and income derived from exports is taxed at 3% without the requirement of landing goods in Mauritius. Mauritius imposes no withholding tax on dividends, interest and royalties, no capital gains tax, free repatriation of profits, no estate duty, inheritance tax or gift tax
Mauritius has skilled, educated, and bi-lingual staffs
Goods processed in Mauritius can, subject to satisfying the rules of origin as per the COMESA Trade Protocol, qualify for zero or reduced rate of duties in the COMESA member countries. In addition, 11 countries, namely, Burundi, Djibouti, Egypt, Kenya, Madagascar, Malawi, Mauritius, Rwanda, Sudan, Zambia and Zimbabwe, are members of the COMESA Free Trade Area and apply zero tariffs on inter-member trade
All products imported from countries of the SADC are duty-free. The implementation of the SADC Trade Protocol started in the year 2000 and provided for the gradual elimination of all customs duties among SADC countries with a longer tariff phase-down period for sensitive products
Mauritius is also a party to AGOA (African Growth and Opportunities Act) which builds on the existing Generalized System of Preferences (GSP) scheme and offers duty-free and quota-free market access to the United States. The AGOA/GSP program stands at approximately 7,000 product tariff lines, including the roughly 1,800 product tariff lines that were added to the GSP by the AGOA legislation. These include items such as apparel and footwear, wine, certain motor vehicle components, a variety of agricultural products, chemicals, steel and others. In order to qualify for duty-free access to the US under GSP, the Rules of Origins needs to be met
The European Union (EU) has granted preferential market access to the African, Caribbean and Pacific (ACP) States since 1964 under the successive Lomé Conventions and the Cotonou Agreement. Under these trade agreements, the ACP countries have benefited from duty-free access on the EU market on almost all products. An interim EPA was signed in Mauritius on 29 August 2009 between the European Commission and four Eastern and Southern African (ESA) countries namely: Mauritius, Madagascar, Seychelles and Zimbabwe
This partnership agreement is the first of its kind signed by India and an African country. This bilateral agreement covers trade in goods & services, investment, technical assistance, and economic cooperation. CECPA represents an important milestone in the trade and economic relationship between Mauritius and India, providing access to a market of more than 1.3 billion inhabitants to Mauritius
The MCFTA is the 1st FTA between China and a country in the African continent. For Mauritius, this FTA is the first with a country in East Asia and serves as a strong link in connecting Mauritius to one of the world’s most dynamic emerging economies and to the broader Asian continent. The possibility to tap the ASEAN markets in general and the Chinese market in particular, will constitute an extraordinary asset in Mauritius’ efforts to attract FDI in China. It will be a unique opportunity to create whole new sectors of activity such as electronic goods, ICT hardware assembly, pharmaceuticals and chemicals, amongst others thereby, broadening the manufacturing base in Mauritius

INVESTMENT OPPORTUNITIES

Agro Industry

Keeping pace with the industrial development of the country, this sector has undergone substantial modernisation, transformation and diversification. For instance, the sugar industry has graduated into the cane industry with production of refined and special sugars, alcohol and rum, while high value-added horticulture, fruits and vegetables and a multitude of processed foods are now produced locally. In its endeavour to reduce dependency on food imports, increase revenues and export earnings, government is actively encouraging agricultural and agro-industrial development with the introduction of budgetary measures which encourage import substitution, food processing, shelter farming, as well as production of higher end products such as nutraceuticals.

Ocean Economy

Mauritius is a tiny land mass surrounded by a vast maritime zone of 2.3 million square kilometers and an additional sea area of 396 000 square kilometers co managed with Seychelles. The Mauritius blue economy is currently represented by coastal tourism, fishing, seafood processing and seaport activities that are also considered as traditional ocean activities.

Education

In view of developing Mauritius as an innovation-driven economy, the Government of Mauritius aims at positioning Mauritius as the leading education hub for the region. Mauritius is today a significant provider of quality education. Building upon this reputation, Mauritius is attracting an increasing number of local and international students. The development of Mauritius as a regional hub for high quality education and training in the knowledge industry will act as a catalyst in broadening the Mauritian economy and in providing necessary support to the existing and upcoming sectors. From this outset, transforming Mauritius into a knowledge-based island would require the contribution of highly productive skilled and qualified workforce so as to attract new generation of investment and to maintain the country’s competitiveness.

Financial Services

The Mauritius IFC boasts more than two decades’ track record in cross-border investment and finance and offers an unparalleled well-regulated and transparent platform. As an internationally recognised jurisdiction of repute, the Mauritius IFC is home to a number of international banks, legal firms, corporate services, investment funds and private equity funds. Leveraging on its state-of-the-art infrastructure, modern and innovative legal framework and ease of doing business regime, the Mauritius IFC offers a panoply of competitive financial products and services, including private banking, global business, insurance and reinsurance, limited companies, protected cell companies, trust and foundation, investment banking, global headquarter administration, amongst others.

Freeport & Logistics

In 2021, the Mauritius Freeport is ranked Global Runner-up and No. 1 in Africa for the fDi’s Global Free Zones of the Year Awards published by the fDi intelligence magazine (Financial Times). This prestigious international ranking confirms the momentum of the Freeport and Logistics sector followed by the global rankings of 2018 (8th) and 2020 (9th). In addition, this recognition further strengthens the competitive positioning of the Mauritius Freeport platform for the Eastern and Southern African region. The high-quality service offerings provided by the freeport stakeholders, after nearly 30 years’ of existence, have contributed considerably towards shaping up the ideal logistics and value addition platform between Africa, Europe and Asia. Strategically located, Mauritius is poised to become an integral part of the new economic architecture and shall place the Mauritius Freeport as the ideal logistics and value addition platform between Africa, Europe and Asia.

Healthcare

The healthcare sector in Mauritius has metamorphosed itself into an integrated cluster underpinned by a core group of high-value activities such as hi-tech medicine, medical tourism, medical education and wellness. With state-of-the-art medical facilities and highly qualified personnel, Mauritius is positioning itself to cater for the growing needs of both domestic and international patients. Over the years the number of private institutions have doubled and future projections indicate that the sector is expected to substantially contribute to GDP and become a pillar of the economy. The presence of global healthcare players is increasingly positioning Mauritius as a competitive high-tech medical hub.

ICT

Besides offering a distinctive proposition in bilingual skills (French, English) for UK/European companies, Mauritius has demonstrated its capabilities in offering a compelling alternative for serving non-voice and IT needs of multinationals. Global players such as Accenture, Ceridian, Convergys, Huawei, Orange Business Services, and Allianz amongst others have successfully established their operations in Mauritius due to their ability to serve global clients with high-quality, innovative solutions.

Lifesciences

Mauritius has a nascent clinical research industry which presents enormous potential for expansion. The introduction of the Clinical Trials Act in 2011, has led to significant emphasis on clinical research. The medical biotechnology sector accounts for a turnover in excess of MUR 2.3 billion and there are currently 5 Contract Research Organizations operating on the island and carrying out trials on various pathologies such as hepatitis, diabetes, HIV etc. Mauritius represents a multi-ethnic, drug naive population. With infectious and lifestyle diseases like diabetes, cardiovascular diseases, cancer, hypertension prevailing in the countries and countries of the region, there is great opportunity for running clinical trials.

Manufacturing Industry

By virtue of preferential market access (COMESA, SADC, IOC, EPA, AGOA, AfCFTA) to Europe, the USA and Africa, Mauritius exports 1,500 product lines to over 100 countries. The country has developed a competitive edge in textile and apparel, seafood processing, sugar and agro-processing and has harnessed new segments such as medical devices, pharmaceutical products, high-end jewellery, Original Equipment Manufacturing (OEM), precision engineering, metal fabrication products and optical products. Despite a lack of natural resources, Mauritius has over the years focused on the production of high value-added products for niche markets. The success of the manufacturing industry lies in its capacity to innovate and adapt to the changing needs of customers in a short lead time.

Real Estate & Hospitality

Blessed with sunshine all year round, as well as a coastline that is bathed by the warm waters of the Indian Ocean and spread over hundred kilometres, Mauritius remains the ‘place to be’. Ever since the promulgation of a more liberal property market, Mauritius has gained rising popularity with the internationally mobile community comprising HNWIs and influential business personalities. As such, non-citizens and expats are allowed to acquire residential property in Mauritius under Government approved schemes.

Trade and investment platform for Africa

As an African country, Mauritius has and continues to be a strategic development partner, in and for, the Continent. Africa is full of promise and untapped riches. It has approximately 30 percent of the earth’s remaining mineral resources, nearly 60 percent (over 200 million hectares) of the world available arable land and 13 percent of the world population. Being reputed for its effective trade and investment platform, Mauritius aims at becoming a bridge between Africa and the rest of the world.
Get In Touch

Email

info@crystalrockinvest.com

Phone

+230 55050730

Address

12A, Avenue Paille en Queue,
Blue Bay 50802, Mauritius