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AXIS

Key Updates: Finance (Miscellaneous Provisions) Act 2024-2025

On 27 July 2024, the Mauritian Parliament enacted the Finance (Miscellaneous) Provisions Act 2024, which gives legal effect to the measures outlined by the Minister of Finance in the 2024-2025 Budget Speech. The Act reflects the government’s focus on fostering sustainable..

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Axis Finance Act Series 2023 – Discover Employment Rights Updates in the Finance Act

The Finance (Miscellaneous Provisions) Act 2023 ("The Act") introduces key changes to the Workers’ Rights Act 2019 establishing a progressive framework that addresses the evolving needs of the workforce. The Key changes are highlighted in this video.

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Source of Funds and Source of Wealth are vital in battling money laundering and terrorist financing

Money laundering has emerged as a critical concern in today’s global financial system. It enables criminals to conceal the origins of illicitly obtained funds, posing significant threats to financial integrity and security. To combat this pervasive issue, it is cruc..

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How “worthy” is “worth it"?

“Worthiness” is commonly defined as “the quality of deserving respect or attention.” In the eyes of a financial institution, onboarding or maintaining an ongoing business relationship with a high-net-worth customer is “worth it” – but is it always “worthy”? Warren Buffet ..

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A Double Taxation Avoidance Agreement (DTAA) has been signed between the Republic of Mauritius and the Republic of Angola

In its strategy to remain the trampoline jurisdiction of choice for the African continent Mauritius’ government cabinet of August 19 took note of the public declaration..

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AXIS

Setting up a Fund in Mauritius

Investment funds might be shying away from the limelight in the wake of spurring innovative financial instruments, but they continue to remain a popular choice for investors and target companies alike. There is indeed a common consensus between start-ups and well-establis..

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