MITCO is a Trust and Corporate Services Group duly licensed by the Mauritius Financial Services Commission since 1993.
MITCO Group is a subsidiary of CIEL Finance Limited, the finance cluster of CIEL Limited, a Mauritius-based diversified investment group listed on the Stock Exchange of Mauritius.
On the 24th August 2021, the Mauritius Revenue Authority (MRA) issued a Statement of Practice pertaining to changes in the Finance Act 2021 (Finance Act) for Trusts and Foundations.
The Trusts and Foundations which have been set up after the 1st July 2021 will no longer be eligible to file a declaration of non-residence with the Director General of the MRA. However, for the Trusts and Foundations which have been created prior the 1st July 2021, they will benefit from a grandfathering provision applicable up to year of assessment 2024/2025
Members of the Financial Action Task Force (FATF) delegation which were in Mauritius from the 13th to 15th September 2021 have organized many meetings with the concerned parties during their stay on our island.
China and Mauritius signed a free trade agreement (FTA) on 17 October 2019. This is China’s first FTA with an African nation. The agreement will reportedly give Mauritius duty-free access to about 8,547 products, representing 96 percent of Chinese tariff lines
On 22nd February 2021, Mauritius signed a Comprehensive Economic Cooperation and Partnership Agreement (CECPA) with India
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The Financial Services Act