ITL: Insight into Mauritius' Finance Act 2020
The Finance (Miscellaneous Provisions) Act 2020 (referred hereinafter interchangeably as the “Finance Act 2020” or the “Act”) was gazetted on 7 August 2020 and provides for the implementation of most of the measures presented by the Minister of Finance, Economic Planning and Development, Dr. the Honourable Renganaden Padayachy in his budget speech delivered on 4 June 2020.
Our newsletter provides a curated version of the main changes made to the regulatory framework and which, in our opinion, are of relevance and interest to our valued client base. Read here
If you have any questions or concerns on how these measures will impact on your current or upcoming structures/plans, please get in touch with your usual contact person at ITL or write to us on info@intercontinentaltrust.com
Established in 1999, Intercontinental Trust Limited (ITL) provides a plethora of financial and fiduciary services to a diversified client base including private equity firms, real estate multinationals, financial institutions, investment managers and high-net-worth individuals among others.
ITL is located in Ebene, the financial centre of Mauritius and has offices in Singapore, Seychelles and representative offices in South Africa and Kenya.