In line with Government’s efforts to promote Mauritius as an international financial centre of global repute and to diversify the product range, Cabinet has agreed to the introduction into the National Assembly of the Foundations Bill, which provides for the opening up of significant business opportunities from jurisdictions where the concept of Trust is unknown, and for the setting up of Foundations to promote Mauritius as a platform for wealth management, services, succession and estate planning, as well as pension funds.
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