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.
Mauritius is ranked 13th out of 190 countries for doing business and further consolidates its lead position on the African continent as the best place for doing business. Mauritius has moved up by 36 places in the survey within a span of only three years. This recognition reaffirms the competitiveness of Mauritius as an international financial centre of excellence.
The Mutual Evaluation Report (MER) of Mauritius was adopted by the Task Force in April 2018 and subsequently approved by the Council of Ministers in July 2018.
According to the latest statistics published by the Bank of Mauritius, there has been an increase of 20 % of the Foreign Direct Investment (FDI) inflows into the Mauritian economy for the period January to June 2019 compared to the same period of last year.
A Protocol amending the New Double Taxation Avoidance Agreement (DTAA) between Mauritius and Kenya on 10 April 2019, was signed on 16 October 2019 in Washington.
The MITCO’s project, the One 2 One Coaching program was nominated as one of the finalists for the CIEL Group’s Innovation Awards 2019 - Category ‘Best Quality Circle Project’.
In our past e-News, we have already highlighted the different types of the permits available to work and/or live in Mauritius.
For recall, an Occupation Permit (OP) is a combined work and residence permit which allows foreign nationals to work and live in Mauritius under 3 categories: Investor, Professional and Self-Employed.
For non-citizens having more than 50 years old that may choose to retire in Mauritius under a Residence Permit (RP).