The inefficacy of the regime for repatriating funds in Nigeria continues to stick out like a sore thumb in the country’s foreign investment ecosystem. Without a doubt, the goal of every investor in any economic setup is to receive a return on investment(s). For foreign investors, an added incentive of investing or doing business, especially in a country like Nigeria with significant opportunities, is the ability to access, and repatriate, funds, without any form of difficulty.
Mauritius has been dubbed by its Economic Development Board (EDB) as the preferred jurisdiction for Africa by virtue of its unique blueprint consisting of strategic location, stable Government, highly skilled workforce, business-friendly environment and modern infrastructure which make it an ideal forum for business in the African region.
Part 6 of this paper concludes the discussion of the tax reform of non-professional activities and the reorganization of certain taxes.
Mauritius is widely recognized and internationally acclaimed as the foremost investment gateway into Africa. The country is the eastern-most part of Africa and is a member of the African Union and other economic blocs. Its prime location in the Indian Ocean, coupled with a buoyant financial system and a safe and secure system of law makes it an ideal base for companies investing in Africa.
Following the passing of the Companies Act, 2019 (Act 992), the Registrar of Companies has finally established its own office to register and regulate all types of business entities in Ghana.
Part 5 of this piece continues with the discussion of taxation and tax reform of nonprofessional activities
On July 19, 2022, the Nigerian government made an official announcement confirming the complete transformation of the Nigerian National Petroleum Corporation (NNPC) into NNPC Limited (NNPCL).
The Mauritius Banking Sector has been established since 1838 and boasts the oldest banking institution of the south of the Sahara, and one of the oldest banks of the Commonwealth.
The Innovations of the 2022 Finance Law: A Review of the Major Fiscal Measures to Broaden the Tax Base and Ameliorate the Business Climate in Cameroon
This month we are introducing the innovations of the new 2022 Finance law in Cameroon. This discussion will be centered on the review of fiscal measures put in place to broaden the tax base which in effect ameliorates the business climate in Cameroon.
Centurion International AG Publishes Its Consolidated 2021 Annual Report: Confirmation of Strong Results for the 2021 Financial Year
This impressive 242% growth in consolidated revenues reflects the excellent performance of all subsidiaries of CIAG, which proved to be highly robust in the second year of the coronavirus pandemic.
Mauritius remains among the Sub-Saharan Africa region’s most business-friendly countries, with solid economic policies and prudent banking practices, suitable for both domestic and foreign entrepreneurs and investors
The Mauritian legal system is a composite system of laws which blends both the French civil law and the British common law practices, characterized by