Global Advisory Experts Logo

Find a Global Law Expert

Specialism
Country
Practice Area

Awards

Since 2010, the Global Law Experts annual awards have been celebrating excellence, innovation and performance across the legal communities from around the world.

Why no more Mauritius for India?

posted 5 years ago

According to data released by the Reserve Bank of India (RBI), India has witnessed a 69.3 per cent decline in foreign direct investment (FDI) from Mauritius in the first six months ended September 2019.

In the midst of the surging efforts and hopes of increased FDI, its not the first time that Singapore has surpassed Mauritius. India had amended its 33-year old tax treaty with Mauritius in May 2016 and revised it with Singapore in December that year to plug loopholes exploited by companies in tax havens to avoid legitimate taxes

However, Singapore has a robust and fairly transparent financial system with easier access to funds at low costs, thus many foreign companies with interest in India are inclined to invest via Singapore rather than Mauritius.

Author

Join

who are already getting the benefits
0

Sign up for the latest advisory briefings and news within Global Advisory Experts’ community, as well as a whole host of features, editorial and conference updates direct to your email inbox.

Naturally you can unsubscribe at any time.

Newsletter Sign Up

About Us

Global Advisory Experts is dedicated to providing exceptional advisory services to clients around the world. With a vast network of highly skilled and experienced advisers, we are committed to delivering innovative and tailored solutions to meet the diverse needs of our clients in various jurisdictions.

Contact Us

Stay Informed

Join Mailing List

GAE