21 Aug 2024

Long-term member in Mauritius talks about the advantages of being part of the MGI Worldwide network

Having been a long-term member of CPAAI, De Chazal & Associates decided, a couple of years ago, to make the move to the MGI Worldwide network. We are pleased to introduce the firm and hear from Partner, and MGI point of contact, Virrsing Ramdeny, as he talks about some of the advantages of network membership.

About De Chazal

Based in Cybercity, just outside of the Mauritian capital of Ebene, De Chazal & Associates provides a comprehensive range of financial services, supported by its team of 50 dedicated employees. With a strong international focus, the firm conducts significant business with clients in South Africa, India, and China, positioning itself as a key player in the region.

Virrsing introduces the firm

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“With around forty years of experience we have, over the years, built a reputation for providing a high standard and personal service to our clients. Our services include auditing, accounting, payroll and serving high net worth individuals. Our speciality is the setting up and administration of global companies, trusts and foundations.

“We were members of CPA Associates (CPAAI) for more than twenty years before its merger with MGI Worldwide. As a network, MGI Worldwide provides continuous support to its members including training opportunities, technology updates, and the sharing of professional knowledge - all of which we find very valuable.

“We are very happy with our MGI Worldwide membership especially as we are able to extend our services to our clients who wish to do business with other jurisdictions through fellow member firms.

“With MGI collaboration we are ensured of continuous growth in our business.”

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Why Mauritius?

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Mauritius is an attractive destination for international businesses, offering a favourable tax environment with a standard corporate tax rate of 15% and the possibility of tax holidays for specific sectors.

The island's network of Double Taxation Avoidance Agreements (DTAAs) with over 40 countries, including India and China, further enhances its appeal by minimizing tax liabilities for foreign investors.

Additionally, Mauritius boasts a stable and diverse economy, with strong sectors in finance, tourism, and technology, making it a prime location for global companies seeking a strategic foothold in Africa and beyond. The island's robust legal framework, political stability, and ease of doing business further contribute to its reputation as a great investment hub.

If you have clients who would like to find out more about the advantages of doing business in Mauritius, please reach out to Virrsing and the team. Visit the firm profile page or website for details.

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MGI Worldwide is a top 20 ranked global accounting network and association with over 8,000 professionals, accountants and tax experts in some 400 locations in almost 100 countries around the world.