Various types of income are exempt from income tax, including: 

  • Income derived by a Freeport company. 
  • Income derived by the registered owner of a foreign vessel. 
  • Income derived by the registered owner of a local vessel registered in Mauritius (provided the income is derived from deep sea international trade only). 
  • Capital gains on speculative or investment gains.
  • A resident society. 
  • Dividends received and paid by a tax incentive company. 
  • Interest is payable on accounts held by qualified corporate (offshore).
  • Interest is payable on specific government securities.
  • Royalties payable to a non-resident by a qualified company trust or bank.

All exempt incomes are specifically stated in the Second Schedule of the Income Tax Act 1995.