Blogs

Moody’s Rating: Mauritius maintains rating to Baa3 with a stable outlook

On 26th July 2024, Moody’s Ratings (Moody’s) affirmed Mauritius’ long-term credit rating for foreign and local currency issuers at Baa3 with a stable outlook. This decision reflects Mauritius’ strong economic growth and political stability, balanced against high debt levels and the small size of its economy. The stable outlook indicates Moody’s expectation that Mauritius’ credit profile will remain consistent with Baa3-rated sovereigns.

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JurisTax Group to acquire RockFin Group

We are delighted to share an important update with you. JurisTax Group (“JurisTax”) is acquiring one of the leading companies, renowned for its expertise in compliance and tax solutions, RockFin Group (“RockFin”).

This strategic move reinforces JurisTax’s commitment to expanding its service offerings to its esteemed clientele and reinforcing its status as a one-stop international integrated corporate services provider.

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Businesses Joining Dubai Chamber of Commerce

In Q1 2024, a remarkable influx of businesses from India (4,351), Pakistan (2,222) and Egypt (1,404) joined the Dubai Chamber of Commerce .

This trend underscores Dubai’s growing reputation as a premier global business hub. Key sectors attracting these businesses include trade and services, real estate, renting and business services, construction, and transport, storage, and communications.

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Why Mauritius is the Ideal Destination for Trading Companies

For over three decades, the Mauritius International Financial Centre (MIFC) has served as a trusted gateway for investors seeking to navigate cross-border investments and trade between Africa and the global market. Esteemed by international businesses, corporates, and high-net-worth individuals, the MIFC stands as a testament to Mauritius’ prowess in facilitating international business and investment endeavors.

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Global Financial Centres Index (35): Mauritius positions itself in the 61st position worldwide

In accordance with the Cabinet Resolution No. (10) of 2024, the Federal Tax Authority (FTA) of UAE has announced a DEADLINE for companies and businesses to register for CORPORATE TAX. The deadline for the registration by all existing companies and businesses (irrespective of their taxability status) is 31 May 2024. Failing to register before past the deadline will result in penalties of AED 10,000.

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UAE Corporate Tax Update

In accordance with the Cabinet Resolution No. (10) of 2024, the Federal Tax Authority (FTA) of UAE has announced a DEADLINE for companies and businesses to register for CORPORATE TAX.

The deadline for the registration by all existing companies and businesses (irrespective of their taxability status) is 31 May 2024.

Failing to register before past the deadline will result in penalties of AED 10,000.

UAE Corporate Tax Update Read More »