By Intercontinental Trust Ltd

On 16 April 2021, Cabinet agreed to proceed with the drafting of the Variable Capital Companies Bill. It will be recalled that the introduction of the Variable Capital Company (VCC) was one of the action points that emanated from the National Budget 2020/2021 in line with the 10-year Blueprint that has been established for the Mauritius International Financial Centre (IFC).

The VCC could be a game changer for the Mauritius IFC as it cements...