Income Tax Holiday

Income Tax Holiday

The officers must be employed by CIS Managers and Asset Management Companies (holders of an Asset Management Licence issued by the FSC Mauritius under Section 14 of the Financial Services Act 2007), provided they satisfy the following conditions:

 

  1. The officer must be resident in Mauritius;
  2. The asset base being managed must be an average of USD 100 million over the last financial year; and
  3. The employer of the officer must submit a declaration to the Commission, to the effect that the officer has managed an asset base averaging USD 100 million over the last financial year, signed by two directors and certified by the auditors.

 

The Certificate will be issued by the FSC Mauritius to the officer on an annual basis, subject to the officer continuing to satisfy the above criteria.

 

Click here to download the Circular Letter CL2-231216 with respect to Asset Manager Certificate, Fund Manager Certificate and Asset and Fund Manager Certificate.

 

https://www.fscmauritius.org/media/3733/circular-letter-cl2-231216-23-dec-16-190942.pdf