• International Proximity is a management company which specialises in advising some of the world's leading multinational corporations, investment funds and financial institutions on maximising the opportunities offered by the Mauritius international financial services centre and the region.

 

Banking activities

Mauritius has up to date banking legislation and allows the formation of banking companies and branches of foreign banks. A lower tax rate of 5% applies to profits arising from overseas clients and there is no restriction on a bank repatriating profits to its head office outside Mauritius. Full banking secrecy is enshrined in the legislation. With its busy international financial services centre, Mauritius presents an excellent opportunity for international banks.