The Export Enterprise Certificate is a significant initiative designed to promote and support export-oriented enterprises in Mauritius, offering a range of incentives to encourage economic growth and international trade. Qualified enterprises are those that export their entire production, with potential authorization to sell a small percentage locally, depending on their industrial activities.

Qualifying activities under this scheme encompass a broad spectrum, including all manufactured goods destined for export, produce from deep-sea fishing (such as fresh or frozen fish), printing and publishing, information technology activities, agro-industries, and any other enterprises primarily focused on exports.

The incentives provided to enterprises holding the Export Enterprise Certificate are designed to enhance competitiveness and attract investment:

  • Customs Duty and Sales Tax Exemptions: No customs duty or sales tax is levied on raw materials and equipment imported for production purposes.
  • Corporate Tax Rate: A reduced corporate tax rate of 15% applies, significantly lower than standard rates.
  • Tax Benefits: Exemptions extend to dividends, capital gains, and personal income tax relief for expatriate staff, offering a favorable environment for business operations.
  • Repatriation of Profits: Enterprises benefit from free repatriation of profits, dividends, and capital, facilitating efficient management of international earnings.
  • Other Financial Incentives: Additional incentives include duty remissions on specified vehicles used for worker transport, exemptions or reduced fees on land and building purchases, and duty remissions on certain imports, contingent upon specific investment or job creation criteria.

Moreover, enterprises qualifying under the Export Enterprise Certificate may also sell a limited portion of their production on the local market under favorable conditions, provided they meet COMESA rules of origin criteria.

In summary, the Export Enterprise Certificate program plays a pivotal role in fostering export-driven economic activities in Mauritius. By providing comprehensive tax exemptions, financial incentives, and regulatory support, the government aims to stimulate investment, enhance industrial competitiveness, and facilitate sustainable economic development through increased international trade and export diversification.