Mauritius has introduced several tax reforms in 2025. Despite these changes, the country remains competitive compared with European systems, particularly France.

Corporate taxation:

The corporate income tax rate is 15%. From 1 July 2025, companies with annual taxable income above Rs 24 million must also pay a Fair-Share Contribution (FSC) of 5% on their taxable income. In addition, the Qualified Domestic Minimum Top-Up Tax (QDMTT) guarantees a minimum effective tax rate of 15% for resident subsidiaries of multinational groups.

The progressive income tax rates from 2025 are as follows:

• Up to Rs 500,000: exempt
• Rs 500,001 to Rs 1 million: 10%
• Above Rs 1 million: 20%

Net annual income above Rs 12 million, including local dividends, is subject to a 15% FSC. A higher FSC of 20% applies to income above Rs 24 million. Individuals aged 18 to 28 earning up to Rs 1 million remain exempt.

To qualify as a Mauritian tax resident, you must either:

• Spend at least 183 days in Mauritius in a given year, or
• Be present for 270 days over three consecutive years.

The Mauritius Revenue Authority (MRA) can issue a Tax Residence Certificate.

VAT and other benefits
VAT remains at 15%. From 1 October 2025, the registration threshold will be lowered from Rs 6 million to Rs 3 million. Mauritian tax residents are not subject to wealth tax, capital gains tax, or inheritance duties.

Property ownership for non-citizens
Foreign buyers acquiring real estate under EDB schemes are now liable for registration duties of 10% on the property value, up from 5%.