Business Reforms in Mauritius
= Doing Business reform making it easier to do business. = Change making it more difficult to do business.
Registering Property: Mauritius made registering property easier by digitizing its land records.
Dealing with Construction Permits: In Mauritius the time required for dealing with construction permits was reduced by the hiring of a more efficient subcontractor to establish sewerage connections.
Starting a Business: Mauritius made starting a business easier by reducing trade license fees.
Enforcing Contracts: Mauritius made enforcing contracts easier by introducing an electronic filing system for court users.
Labor Market Regulation: Mauritius reduced the maximum duration of fixed-term contracts.
Getting Credit: Mauritius improved access to credit information by expanding the scope of credit information and increasing the coverage of the historical data distributed from 2 years to 3.
Enforcing Contracts: Mauritius made enforcing contracts easier by liberalizing the profession of court ushers, including by allowing registered ushers to serve as bailiffs in carrying out enforcement proceedings.
Resolving Insolvency: Mauritius made resolving insolvency easier by introducing guidelines for out-of-court restructuring and standardizing the process of registration, suspension and removal of insolvency practitioners.
Registering Property: Mauritius made property transfers faster by implementing an electronic information management system at the Registrar-General’s Department.
Getting Credit: Mauritius improved access to credit information by starting to collect payment information from retailers and beginning to distribute both positive and negative information.
Paying Taxes: Mauritius introduced a new corporate social responsibility tax.
Enforcing Contracts: Mauritius speeded up the resolution of commercial disputes by recruiting more judges and adding more courtrooms.
Registering Property: Mauritius made registering property easier by setting a statutory time limit of 15 days for issuance of the final property title by the land registry.
Getting Credit: Mauritius improved access to credit information by allowing the licensing of private credit information bureaus and by expanding the coverage of the Mauritius Credit Information Bureau to all institutions offering credit facilities.
Trading across Borders: Mauritius reduced the time for trading across borders by introducing electronic submission for customs declarations and bills of lading with no requirement for physical copies.
Enforcing Contracts: Mauritius made enforcing contracts easier by setting up a specialized commercial division in its supreme court.
Resolving Insolvency: Mauritius enhanced its insolvency system through a new law introducing a rehabilitation procedure for companies as an alternative to winding up, defining the rights and obligations of creditors and debtors and setting out sanctions for those who abuse the system.
Labor Market Regulation: Mauritius increased mandatory paid annual leave, eliminated the requirement to seek prior approval for redundancy dismissals and reduced redundancy costs.
Starting a Business: Mauritius made starting a business easier by further simplifying the registration process, including through online facilities, and streamlining formalities.
Registering Property: Mauritius made transferring property easier by abolishing 2 procedures previously required—obtaining a clearance certificate from the Waste Water Authority and obtaining a tax clearance certificate for municipal taxes.
Getting Credit: Mauritius’s public credit registry eliminated the minimum threshold for credits that must be reported to its database—and now captures information on all credits extended by the financial system.
Starting a Business: Mauritius made business start-up faster by implementing a centralized database linking the company registry with tax, social security and local authorities.
Dealing with Construction Permits: Mauritius made dealing with construction permits easier by combining procedures for getting a development permit and building permit and by setting an official time limit for processing the dual permit application.
Registering Property: Mauritius made registering property less costly by reducing the property registration fee.
Paying Taxes: Mauritius made paying taxes less costly for companies by reducing the corporate income tax rate.
Trading across Borders: Mauritius made trading across borders easier by implementing a new computerized risk management system for customs inspections.
Resolving Insolvency: Mauritius enhanced its insolvency process through legislation making the process of sale of immovable property after default on a credit agreement more efficient and less susceptible to abuse by creditors.