MEMBERS ONLY EVENT – SPONSORED BY INTERCONTINENTAL TRUST
Port Louis, 12 November, 2013:The South African Chamber of Commerce in Mauritius hosted a budget briefing breakfast for its members.
Mr. Anthony Leung Shing, Tax Partner at PwC, provided meaningful insight and analysis of key issues included in the budget announcement.
Mr. Raj Makoond, Executive Director at the Joint Economic Council, explained the important role of the JEC in bringing government and the private sector together as well as highlighting some sectors of the Mauritian economy that still require resolution (eg air network)
Mr. Ken Poonoosamy, Managing Director at the Board of Investment, clarified the measures annouced in the budget to promote investment such as a fast track permit approval process, and with respect to immigration, abolishment of occupation permit guarantees and the introduction of an online application process. Mr. Poonoosamy also highlighted the new tax structure for land transfer costs, tax and registration duties in respect of IRS and RES schemes.
http://www.investmauritius.com/mauritiusbudget2014 for more information.