Double Taxation Treaties | ITL - Intercontinental Trust Limited
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Double Taxation Treaties

Mauritius has concluded 40 tax treaties that are in force and is party to a series of treaties under negotiation.


Most of the treaties in force have been in existence as from the period when Mauritius launched its offshore sector in 1992. 

 

The treaties currently in force are:

 

Year Country Dividends (a) Interest Royalties (b)
Signed Ratified
2009 2010 Bangladesh 10 NR NR
2004 2005 Barbados 5 5/0 5
1995 1999 Belgium 5/10 (c) 10/0 (j) 0
1995 1996 Botswana 5/10 (d) 12 12.5
1994 1995 China 5 10 10
2002 2003 Croatia 0 0 0
2000 2001 Cyprus 0 0 0
2013 2014 Egypt 5/10 (d) 10 12
1981 1982 France** 5/15(c) (e) 15
2013 - Gabon 5 5 10
2011 2012 Germahy 5/15 (c) 0 10
2013 2014 Guernsey NR NR NR
1983 1985 India 5/15 (c) (e) 15
1990 1995 Italy** 5/15 (d) (e) 15
2012 - Kenya 5/10 (c) 10 10
1997 1998 Kuwait 0 5 10
1997 2004 Lesotho 10 10 10
1995 1996 Luxembourg 5/10 (c) 0 0
1994 1995 Madagascar 5/10 10 5
1993 1993 Malaysia 5/15 (c) 15 15
2015 - Malta 0 0 0
2013 2013 Monaco 0 0 0
1997 1999 Mozambique 8/10/15 (d) 8/0 (f) 5
1995 1996 Namibia 5/10 (d) 10/0 (f) 5
1999 1999 Nepal 5/10/15 (c)/(g) 10/15 (f) 15
2012 - Nigeria 7.5 7.5 7.5
1998 1998 Oman 0 0 0
1994 1995 Pakistan 10 10 12.5
2008 2008 Qatar 0 0 5
2010 2014 Rep of Congo 0/5 (d) 5 0
2013 2014 Rwanda 10 10 10
2002 2004 Senegal 0 0 0
2005 2005 Seychelles** 0 0 0
1995 1996 Singapore 0 0 0
1996 1997 South Africa* 5/15 (c) 0 0
1996 1997 Sri Lanka 10/15 (c) 10/0 (f) 10
1994 1994 Swaziland 7.5 5 7.5
2011 2012 Sweden 0/15 (c) 0 0
1997 1998 Thailand 10 10/15 (i) 5/15
2008 2010 Tunisia 0 2.5 2.5
2003 2004 Uganda 10 10/0 (h) 10
2007 2007 UAE 0 0 0
1978 1987 United Kingdom** 10/15 (c) (e) 15
2011 2012 Zambia 5/15 (d) 10 5
1993 1992 Zimbabwe 10/20 (d) 10/0 (f) + 15

1. NR: Normal Rate

(a) Dividends payable by a company resident in Mauritius are tax free in Mauritius.

(b) Royalties by a Category 1 Global Business company out of its foreign source income are tax free in Mauritius.

(c) Lower rate applies to companies holding at least 10% of capital.

(d) Lower rate applies to companies holding at least 25% of capital.

(e) Interest taxed  in source country according to local law. 0% if paid to any bank carrying on a bona fide banking business, in the other state.

However, there is no withholding tax in Mauritius on interest paid by a Category 1 Global Business company.

(f) 0% if paid to any bank carrying on a bona fide banking business, in the other state.

(g) Lower rate applies to companies holding at least 15% of capital.

(h) If paid to any institution which is wholly owned by the Government.

(i) 10% if received by any financial institution, including an insurance company.

(j) 0% if interest on loans/commercial debt/deposits with a banking enterprise.

+ in respect of payments made to a bona fide bank and in the case of Zimbabwe, only if approved by the Zimbabwean Minister of Finance.

* The treaties with South Africa is currently being renegotiated and is awaiting ratification.

** Amendment/s through protocol.

 

    Awaiting Ratification
   Gabon    Kenya
   Malta    Nigeria
   Russia    South Africa (New)

 

    Awaiting Signature
   Burkina Faso    Cape Verde
   Ghana    Morocco

 

    In progress
   Algeria    Canada
   Czech Republic    Georgia
   Greece    Hong Kong
   Malawi    Montenegro
   Portugal    Republic of iran
   Saudi Arabia    St Kitts and Nevis
   Tanzania    Vietnam
   Yemen  

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