Mauritius corporate tax rate
Standard rate of income tax on the chargeable income of a resident company, charged under section 4 of the Income Tax Act 1995 at the rate specified in Part IV of the First Schedule, administered by the Mauritius Revenue Authority. Mauritius companies file on a year-of-assessment basis for accounting years ending in the year to 30 June.
| Current value | 15 percent |
|---|---|
| In force from | 2010-07-01 |
| Official source | Income Tax Act 1995 (Consolidated up to May 2026), section 4(1)(b) read with the FIRST SCHEDULE, PART IV: 'Rate of income tax ... 15 per cent' — MRA official consolidated text. The 25-to-15 per cent phase-down was set by Finance Act 2006 s.18(zzf) (endnote 1017), reaching 15 per cent for the year of assessment commencing 1 July 2010 and every subsequent year of assessment |
| Last verified | 2026-07-24 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
Part IV of the First Schedule (15 per cent) is the residual, standard rate; two carve-outs sit above it in the same Schedule. PART II — 3 PER CENT applies to a company's chargeable income attributable to the EXPORT OF GOODS (s.44B, by formula), to freeport operators and private freeport developers meeting substance conditions, and to manufacturing companies in the medical, biotechnology or pharmaceutical sector holding an EDB Investment Certificate (s.44D). PART III — BANKS (s.44C) pay 5 per cent on the first Rs 1.5 billion of chargeable income and 15 per cent on the remainder. PARTIAL EXEMPTION REGIME: Part II of the Second Schedule exempts 80 PER CENT of specified income streams (foreign-source dividend, most interest, income of collective investment schemes, CIS managers, asset and fund managers, leasing and reinsurance, ship and aircraft leasing, permanent-establishment profits, peer-to-peer lending interest, and others), subject to prescribed substance conditions — giving an EFFECTIVE 3 PER CENT rate on those streams (15% x 20%). Partial exemption cannot be combined with the Part II 3 per cent rate. LEVIES ON TOP OF THE 15 PER CENT — all of them separate from the rate and none folded into the value above: (1) CSR — s.50L requires every company to set up a Corporate Social Responsibility Fund equal to 2 PER CENT of the preceding year's chargeable income; of a CSR Fund set up on or after 1 January 2026 at least 75 PER CENT must be remitted to the Director-General (it was at least 50 per cent for funds set up 2019-2025), the remainder being spent on an approved CSR programme. (2) CCR LEVY — Sub-Part AE (ss.50N-50O), inserted with effect from the year of assessment commencing 1 July 2024: a Corporate Climate Responsibility Levy of 2 PER CENT of chargeable income, payable by every company whose TURNOVER exceeds Rs 50 million for that year of assessment. (3) FAIR SHARE CONTRIBUTION — the newest levy, in Part XC of the VALUE ADDED TAX Act (ss.53M-53R), not the Income Tax Act: a company with supplies above Rs 24 million (or required to be VAT-registered) AND chargeable income above Rs 24 million in an accounting year pays 5 PER CENT of chargeable income if taxed at the Part IV 15 per cent rate, or 2 PER CENT if taxed at the Part II 3 per cent rate; a BANK pays 5 per cent plus an ADDITIONAL 2.5 per cent on chargeable income from transactions with residents other than global business entities. No credit under the Income Tax Act may reduce it. It applies to income derived from 1 JULY 2025 TO 30 JUNE 2028 — a time-limited measure, so watch for its expiry. Global business entities and Second Schedule Part I exempt bodies are outside it. An overall cap keeps income tax plus CSR plus CCR plus solidarity levy plus fair share contribution at no more than 35 PER CENT of chargeable income (53N(6) for telecom companies, 53N(7) for banks). Also in force: a Qualified Domestic Minimum Top-up Tax framework (Sub-Part AF) for in-scope MNE groups. BUDGET 2026-2027 (annex published June 2026, https://nationalbudget2026.govmu.org/documents/2026_27_annexBudget.pdf) announces NO change to the 15 per cent rate. It does propose: excluding exports of LIVE ANIMALS from the 3 per cent export rate; clarifying that the Rs 24m supplies/VAT-registration test no longer governs Fair Share Contribution liability (only the Rs 24m chargeable-income test will), which WIDENS the levy; barring unused tax credits including foreign tax credits from offsetting the CCR Levy; and moving the CCR Levy onto quarterly Advance Payment System instalments phased 25 per cent in FY2026/27 and 50 per cent in FY2027/28. These are ANNOUNCEMENTS ONLY — the Finance Act 2026 was not yet on the MRA legislation page at confirmation (latest listed is Finance Act 2025) — DO NOT SERVE AS FACT until enacted.
Get it programmatically
curl https://afriref.dev/v1/mu/corporate-tax
# $0.001 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://afriref.dev/v1/mu/corporate-tax/history?from=2020-01-01
# Provenance: curl https://afriref.dev/provenance/mu/corporate-taxOther Mauritius series: policy interest rate · VAT rate · minimum wage · public holidays · inflation rate (CPI) · income tax rates