Mauritius

Mauritius

Business Facilitation Act 2017 comes into force

20 May 2017

The new Business Facilitation Act 2017 came into force on 20 May 2017. It aims to eliminate regulatory and administrative bottlenecks to investment. The law addresses seven key areas, namely Starting a Business, Registering Property, Paying Taxes, Resolving Insolvency, Construction Permits, Exit Procedures and Cross Border Trade. Also, it promotes the use of information technology in various areas, such as the issuance of e-certificates of incorporation, which allows businesses to start their operations expeditiously. Other improvements relate to the process for registering property and initiatives undertaken to enhance transparency.