On 15th November 2018, the Organisation for Economic Co-operation and Development (OECD) has, released its progress report on the Peer Review Results on Preferential Regimes which included 53 Jurisdictions.

According to the Report, Mauritius meets all the international requirements of the BEPS Action 5 and does not have any tax malpractices.

The following local tax regimes were reviewed by the OECD:

• Category 1 and Category 2 Global Business companies;
• Banks, as regard their foreign source income also known as segment B income;
• Captive Insurance;
• Partial Exemption System;
• The newly introduced tax regime for banks;
• Freeport;
• Global Headquarters Administration;
• Global Treasury Activities;
• Investment Banking; and
• Shipping.