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Mauritius Tax Update

Mauritius 1

Following an order dated 13 April 2020 issued by the Government of India, Mauritius is henceforth once again regarded as an eligible country for the purpose of registration as Category I Foreign Portfolio Investor (“FPI”) under the SEBI (Foreign Portfolio Investors) Regulations, 2019 (“FPI Regulations”). The SEBI had previously issued a circular dated 7 April […]

Tax in African countries

Law Update 8

The African Union is on a drive to make the continent economically self-sufficient and some observers believe fixing tax collection is a low-hanging fruit in this endeavour. Africa’s tax-to-GDP ratio is about 18%, while in the developed countries of the OECD it is 34%. In Nigeria, Africa’s largest economy, the number is just 5.9%. Many […]

Tax agreement between China and Republic of Congo

Congo News

The People’s Republic of China (“China”), like other countries such as France, Italy, Mauritius, has signed a Tax Agreement with the Republic of Congo (“the Congo”) to prevent double taxation and tax evasion between the two states (“the Tax Convention”) , as of September 05, 2018, on the sidelines of the China – Africa Summit. In recent years, China has deployed […]

Tunisia: a favourable legal and tax framework for foreign investments

Africa Update

In its international relations, Tunisia has always adopted a policy of openness and moderation. It attaches a particular importance to the development and strengthening of fruitful cooperation and works towards the establishment of a favorable framework for the development of foreign investment in Tunisia. In order to meet these objectives, Tunisia has set a framework […]

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