ITL newsletter - latest updates from Mauritius
The Finance (Miscellaneous Provisions) Act 2023, enacted on 20 July 2023, provides for the implementation of most of the measures announced by the Minister of Finance, Economic Planning and Development, Dr. the Honourable Renganaden Padayachy in his budget speech for 2023/2024.
Our newsletter outlines the salient measures, as initially communicated in our budget highlights 2023/2024, which are coming into force via the Finance Act and which we believe are of pertinence to our valued client base.
If you have any queries as to how these measures will affect your current or upcoming structures or projects, please get in touch with your usual contact person at ITL or write to us at 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.