Section 30:
consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
30. (1) Subject to paragraph (2), the income of a corporation issued with—
(a) a Global Treasury Activities Licence;
(b) a Global Legal Advisory Services Licence;
(c) an Investment Banking Licence;
(d) an Overseas Family Office (Single) Licence; or
(e) an Overseas Family Office (Multiple) Licence,
issued on or after 1 September 2016 by the Financial Services Commission established under the Financial Services Act, provided that—
(i) the income is derived from the activities covered under that
licence; and
(ii) the corporation satisfies the conditions—
(A) of minimum employment; and
[Issue 9] I5 – 120
Revised Laws of Mauritius
(B) relating to the substance of its activities, as specified by
the Financial Services Commission.
(2) The exemption shall be for a period of 5 income years as from the
income year in which the corporation was granted its licence.