Board of Investment

Financial Services Commission

The objects of the Board of Investment (‘BOI’) are:

* to stimulate the development, expansion and growth of the economy

   by promoting Mauritius as an international investment, business and

   service centre
* to promote and facilitate the development of all forms of investment

   and business activities
* to formulate investment promotion policies and plans and marketing

   strategies and undertake promotion to attract foreign and local

   investments
* to advise the government on strategies for investment policies,

   national investment marketing and investment after careful  

   economic and industrial planning and country image building. 

Corporate and Business Registration Department

Stock Exchange of Mauritius

Mauritius Revenue Authority

Bank of Mauritius

The Mauritius Revenue Authority is the government tax collector and administrator in Mauritius, including corporate and personal income tax, value-added tax and customs and excise duties.

The Bank of Mauritius (‘BOM’) is the central bank of Mauritius. Standing at the centre of the Mauritius financial system, the BOM is committed to promoting and maintaining monetary and financial stability in the Mauritius economy. The main functions of the BOM include:

* Formulation and implementation of monetary policy 
* Issuer of currency 
* Banker to the government and to banks
* Provider of an efficient payment, settlement and clearing system
* Management of the public debt
* Management of foreign exchange reserves
* Regulator and supervisor of banks
* Adviser to the government on financial matters

The Stock Exchange of Mauritius Ltd (‘SEM’) is responsible for the operation and promotion of an efficient and regulated securities market in Mauritius. SEM has during the last two decades witnessed a significant overhaul of its operational, technological and regulatory frameworks which has placed it among the leading exchanges in Africa in terms of operational excellence. SEM is today a full-fledged member of the World Federation of Exchanges. 

SEM operates two markets: the Official Market, the Development & Enterprise Market. SEM can list, trade and settle equity and debt products in USD, Euro, GBP, ZAR and MUR. Local investors account for about 60% of the daily trading activities, and foreign investors account for the 40% remaining. 75% of that local volume is generated by institutions like mutual funds, pension funds and insurance companies. 

The  Corporate and Business Registration Department (‘CBRD’) is a government office, which falls under the aegis of the Ministry of Finance and Economic Development. The functions of the CBRD are:

* Incorporation, registration and striking-off of companies  
* Registration of documents that must be filed under the company law
* Provision of company information to the public
* Enforcement of compliance with the legal requirements
* Registration of Businesses
* The Insolvency Service
* Registration of Limited Partnerships and Foundations

The Financial Services Commission of Mauritius (‘FSC’) is the integrated regulator for the non-banking financial services sector, including insurance, securities and global business. The FSC is mandated to license, regulate, monitor and supervise the conduct of business activities in those sectors.

The FSC aims to

* promote the development, fairness, efficiency and transparency of 

   financial institutions and capital markets in Mauritius
* suppress crime and malpractices so as to provide protection to

   members of the public investing in non-banking financial products
* ensure the soundness and stability of the financial system in

   Mauritius