Setting up of appropriate accounting systems
We assist your company to establish an advanced and dedicated accounting system, to manage the accounting operations and file all accounting materials systematically, good for finding, analysing and controlling.
Maintenance of accounting books and records
Basing on your invoices and vouchers sent to us, we update general ledger accounts and prepare the required accounting records for your company inter alia preparation of a stock sheet and fixed asset register, review of debtors and creditors listing and shareholding patterns.
JurisTax provides you with payroll service that works best for your company depending on the needs and circumstances of the business inter alia preparation and maintenance of employee records, attendance sheets and employment contracts, payroll and taxation processing and employer registration.
We enforce the development of an advanced managerial accounting system, which assists in corporate tax planning, strategic cost and cash flow control and decision making for long term financial planning.
Our treasury services are tailored to meet your specific requirements, including acting as authorized signatory on your bank accounts, handling disbursements and receipts of funds in the absence of top management, liaison with leading banks, petty cash control and many more.
Preparation of monthly, periodic and annual statutory financial statements
Our certified accountants prepare accurate periodic and annual full set of financial statements including descriptive notes and prepare solvency tests and certificates.
Each client has his unique business nature and requirements, therefore JurisTax taxation services are greatly considerate as they are based on a full understanding of the client's needs. Our qualified tax and accounting team works closely with the clients understanding their goals and future strategy to help the business establish strategically efficient tax planning in Mauritius.
Taxation Environment in Mauritius
General principles of taxation
The Mauritius Revenue Authority is the body responsible for implementing the tax laws in Mauritius has a tax system based on self-assessment which applies to residents whether they be natural or legal person. The fiscal year runs from 1st January to 31st December.
Rate of 15%. Taxes apply on salaries earned, income derived from trade, business, profession and rent, other income such as interest, royalty, foreign dividends, charges, annuity Taxed on worldwide income (but mitigated by Foreign Tax Credit available under various Double Taxation Agreements)
- Advice on Corporate International Tax Planning
- Tax Compliance Services for local authorities
- Advice on Tax Effects of Inter-company Transactions
- Assistance with Personal Tax Planning in Mauritius
- Preparation and submission of VAT returns
- Electronic filing of statutory returns through the online system MNS