Mauritius | Kenya | Seychelles
 
 
Axis specializes in developing trust
structures that protect your assets.
As part of its regional expansion, Axis has now established a presence in Seychelles and Kenya.
Axis can set up and manage tax-incentive companies and offshore entities in Mauritius.
Mauritius has recently opened up its
real-estate market to foreigners.
Axis provides specialist offshore fund
services for a full range of fund structures.
Axis further consolidates its preferred relationship with BLC Robert by becoming an affiliate of ALN.
 
Mauritius
Overview
Geography
Mauritius is an island located in the Indian Ocean. It is situated some 2,000 km off the south-eastern coast of Africa. The island is of volcanic origin and covers an area of approximately 1,865 sq km.

Time zone
GMT +4 which makes same-day transactions possible from the US, through Europe, the Middle-East and Australasia. Mauritius is emerging as a major international business platform in this region of the world.

Climate
Mauritius has a sub-tropical climate. Because of its volcanic origin it has a central plateau of about 400 m above sea level. There are mountains, rivers, waterfalls, tropical forests and plants all over the island.

The summer season is from October – May with temperatures averaging 27°C. During the winter months, temperatures average 22°C. The central plateau is more humid and cooler than the coastal regions.

Population
This is currently estimated at 1.2 million approximately 611 people per square kilometre.
The population boasts origins from the European and African continents, as well as India and China. Such a cosmopolitan legacy makes for legendary hospitality.

Language
Most Mauritians are bilingual. Whilst English is the official language, French and Creole are widely spoken daily. There are also many oriental languages such as Hindi, Mandarin and Urdu spoken and taught at school.

Religion
Christian, Muslim and Hindu faiths are all prevalent on the island, as well as old Chinese customs.

History
Discovered by the Portuguese in 1505, the first settlers on the island were the Dutch who named the island after their ruler Prince Maurice van Nassau. The island was then inhabited by the French and later fell under the governance of the British from 1810 until independence was attained in 1968. Agricultural development expanded under the British rule with the arrival of Indian Indentured labourers who were brought in to work in sugar cane fields. On 12 March 1992 Mauritius became a Republic, still forming part of the British Commonwealth.

Political Structure
Mauritius is a presidential democracy. The President is the Head of State. Full executive power rests with the Prime Minister who is the Head of Government.The Members of Parliament are elected every five years by popular vote. The Constitution is based on the Westminster Parliamentary model.

Legal System
The legal system of Mauritius combines both civil and common law and there is a right of appeal to the Judicial Committee of the Privy Council in London.

During the period of French rule the island’s legal system was governed by the French Napoleonic Code. While private law is largely based on the Napoleonic Code, public and administrative law draws essentially from English common law.

Economy
The Mauritian economy is one of the fastest growing in sub-Saharan Africa. In just three decades, the country has moved from a mono-crop sugar-dominated economy to being services oriented. The tertiary sector currently accounts for 70% of GDP, a fair indication of our impressive track record.
Today, the island is poised to become the business hub of the Indian Ocean and a major gateway to Eastern and Southern Africa.

Communications and transport
The country telephone code is +230 and there are no area codes. Mauritius has a well developed network of internal and external communications. An extensive and well maintained road infrastructure; a modern and efficient port capable of berthing vessels up to 100 metres; a web of sea links and direct air connections with several cities around the world; high band fibre cable connectivity; a reliable fixed and mobile telephone network; express courier service providers and freight forwarders; fully serviced business and industrial parks; a free port; well equipped and comfortable offices.

It is easy to travel around the island by bus, taxi or rented cars from several local and international car renting companies.

Currency
The currency used in Mauritius is the Mauritian Rupee (Rs) which is made up of 100 cents. Travellers cheques can be exchanged at hotels, banks and authorised dealers in foreign currency. Travellers cheques in Pounds Sterling and French Francs are preferred. Major credit cards are accepted throughout the island, such as Visa, Access MasterCard, American Express and Diners Club.