Subject: ITL Newsletter - Business Facilitation Act 2017

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The Business Facilitation (Miscellaneous Provisions) Act 2017 (the “Act”)
Background
The Government of Mauritius is always striving to enhance the local business climate through a perpetual review and bettering of its regulatory and administrative framework. It is along this same line of vision that the Act came into force on 20 May 2017 with the objective of slashing red tape and other administrative hurdles that stymie the delivery of business permits, licenses, authorizations and clearances.

Such avant-gardist initiatives are expected to improve the island nation’s ranking in the Ease of Doing Business worldwide, attract foreign direct investment as well as inject new impetus into the economy thereby leading to more job creation.


DISCLAIMER
The information in this e-newsletter was prepared by Intercontinental Trust Limited to provide potential clients with a broad overview of the opportunities available in Mauritius. While all reasonable care has been taken in the preparation of this e-newsletter, Intercontinental Trust Limited accepts no responsibility for any errors it may contain, whether caused by negligence or otherwise, or for any loss, however caused, sustained by any person that relies on it. Readers are advised to consult with appropriate, qualified professional advisors before taking action. Intercontinental Trust Limited will be pleased to discuss any specific issues.

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