Ease of Doing Business in


Mauritius Download Profile (1801.6KB, pdf)
Region Sub-Saharan Africa
Income Category Upper middle income
Population 1,262,605
GNI Per Capita (US$) 9,610
City covered Port Louis



DB 2017 Rank



DB 2017 DTF (% points)

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Topics DB 2017 Rank DB 2016 Rank info_outline Change in Rank DB 2017 DTF (% points) info_outline DB 2016 DTF (% points) info_outline Change in DTF (% points) info_outline
Overall 49 42 down
72.27 72.18 down
Starting a Business 48 43 down
91.65 91.63 up
Dealing with Construction Permits 33 32 down
76.55 76.51 up
Getting Electricity 110 107 down
63.22 63.18 up
Registering Property 98 98
61.99 61.14 up
Getting Credit 44 42 down
65.00 65.00
Protecting Minority Investors 32 30 down
65.00 65.00
Paying Taxes 45 43 down
82.96 82.96
Trading across Borders 74 74
78.67 78.67
Enforcing Contracts 34 33 down
68.65 68.65
Resolving Insolvency 39 37 down
69.06 69.06

Positive= Doing Business reform making it easier to do business.Negative= Change making it more difficult to do business.

DB 2017 Rank:


DB 2016 Rank:


Change in Rank:


DB 2017 DTF (% points):


DB 2016 DTF (% points):


Change in DTF (% points):


Indicator Mauritius Sub-Saharan Africa OECD high income
Recovery rate (cents on the dollar) info_outline 67.4 20.1 73.0
Time (years) info_outline 1.7 3.0 1.7
Cost (% of estate) info_outline 14.5 23.1 9.1
Outcome (0 as piecemeal sale and 1 as going concern) info_outline 1 .. ..
Strength of insolvency framework index (0-16) info_outline 10.5 6.2 12.1
  • Indicator Explanation Answer
    Recovery rate (cents on the dollar) 67.4
    Proceeding BizBank has a floating charge on all assets of Mirage, in addition to the hotel itself as security for the loan. BizBank, in its capacity of chargee, can appoint a receiver if the charge document allows it to do so, or alternatively, make an application for the court to appoint a receiver over the assets of Mirage (Sections 185 and 186 of the Insolvency Act). Under section 204 of the Insolvency Act, BizBank, as secured creditor, will be reimbursed after payment of receiver's fees. The receiver has the power, as per section 190 of the Insolvency Act, to sell the hotel and reimburse Bizbank after reimbursing the receiver's fees (section 204 of the Insolvency Act). It is worth noting that liquidation is not in the interest of BizBank because it will take longer to recoup the amount due by Mirage. In addition, in liquidation, the provisions of the Fourth Schedule of the Insolvency Act would apply, whereby the creditors would be paid according to their rank. BizBank would be paid 5th. receivership
    Outcome According to the Eighth Schedule of the Insolvency Act (section 1), further to the recovery of the hotel by the receiver, the latter may sell the asset in order to reimburse Bizbank and the buyer will be able to continue operating the business. going concern
    Time (in years) According to our estimations, it takes 20 months to complete the receivership procedure in Port Louis. The main steps are as follows: (i) The receiver will communicate its appointment through the press 7 days after its appointment and inform the regulators; (ii) The directors are required to submit to the receiver the statement of accounts of Mirage 14 days after the notice by the receiver. Within 28 days after receipt of the above statement of accounts, the receiver will submit a copy of the statement of accounts to the Director of the Insolvency Service; (iii) The receiver prepares its first report 2 months after its appointment. Then, it will submit the report to the regulator; (iv) Within 2 months after his appointment, the receiver prepares his report on the state of affairs with respect to the property in receivership; (v) Every 6 months, the receiver will prepare a further report after the first report stating the revenues and payments as well as other steps undertaken during the period; (vi) The receiver will find a buyer and negotiate the sale. It must also agree with the buyer to take over the employees; (vii) The sale of the business as a going concern will take place; (viii) At the end of the receivership, the receiver shall notify in writing to the regulator and the Director of the Insolvency Service that the receivership has ceased, not later than 10 working days after the receivership ceases. 1.7
    Cost (% of estate) According to our estimations, the receivership procedure will cost 4,247,000 MUR (15% of the value of Mirage´s estate). Major expenses include: fees of lawyers (5%), fees of the receiver (5%), fees of auctioneers, accountants and other professionals (4%), and other costs – notification and publication costs, court fees – (1%). 14.5
    Answer Score
    Strength of insolvency framework index (0-16) 10.5
    Commencement of proceedings index (0-3) 3.0
    What procedures are available to a DEBTOR when commencing insolvency proceedings? (a) Debtor may file for both liquidation and reorganization 1.0
    Does the insolvency framework allow a CREDITOR to file for insolvency of the debtor? (a) Yes, a creditor may file for both liquidation and reorganization 1.0
    What basis for commencement of the insolvency proceedings is allowed under the insolvency framework? (a) Debtor is generally unable to pay its debts as they mature 1.0
    Management of debtor's assets index (0-6) 4.0
    Does the insolvency framework allow the continuation of contracts supplying essential goods and services to the debtor? No 0.0
    Does the insolvency framework allow the rejection by the debtor of overly burdensome contracts? Yes 1.0
    Does the insolvency framework allow avoidance of preferential transactions? Yes 1.0
    Does the insolvency framework allow avoidance of undervalued transactions? Yes 1.0
    Does the insolvency framework provide for the possibility of the debtor obtaining credit after commencement of insolvency proceedings? Yes 1.0
    Does the insolvency framework assign priority to post-commencement credit? (c) No priority is assigned to post-commencement creditors 0.0
    Reorganization proceedings index (0-3) 0.5
    Which creditors vote on the proposed reorganization plan? (a) All creditors 0.5
    Does the insolvency framework require that dissenting creditors in reorganization receive at least as much as what they would obtain in a liquidation? No 0.0
    Are the creditors devided into classes for the purposes of voting on the reorganization plan, does each class vote separately and are creditors in the same class treated equally? No 0.0
    Creditor participation index (0-4) 3.0
    Does the insolvency framework require approval by the creditors for selection or appointment of the insolvency representative? Yes 1.0
    Does the insolvency framework require approval by the creditors for sale of substantial assets of the debtor? Yes 1.0
    Does the insolvency framework provide that a creditor has the right to request information from the insolvency representative? No 0.0
    Does the insolvency framework provide that a creditor has the right to object to decisions accepting or rejecting creditors' claims? Yes 1.0

Note: Even if the economy’s legal framework includes provisions related to insolvency proceedings (liquidation or reorganization), the economy receives 0 points for the strength of insolvency framework index, if time, cost and outcome indicators are recorded as “no practice”.