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 Cameroonian Minister of Employment and Vocational Training, Mr. Issa Tchiroma Bakari has issued a circular letter dated 27 June 2022, reminding employers in the public, parastatals, and private sectors of the obligation to abide by the provisions governing the issuance of work permits to foreign employees. As a reminder, in the Cameroonian context, a…
Over the past couple of years, the Mauritian economy has, not unlike most developing countries globally, faced unprecedented uncertainties on both local and international front due to the continuing COVID-19 pandemic and the Russo-Ukrainian crisis.
Part 4 of this piece is dedicated to discussing the fiscal measures related to import and export operations.
Part 3 continues with the discussion of the general measures that have been introduced by the new finance law.
This month is dedicated to introducing the innovations of the new 2022 Finance law in Cameroon. This discussion is centered on the review of fiscal measures put in place to broaden the tax base which in effect ameliorates the business climate in Cameroon.