Atlas Corporate Services, a leading global provider of corporate, trust and fund administration services with both corporate and private clients, today announces its new office opening in Mauritius. This new office supplements the existing HQ in the UAE and has been introduced to target the growing opportunities in the region, in particular amongst the African and Indian markets. The Atlas office is both licensed and regulated by the Financial Services Commission of Mauritius.
Mauritius has been identified by the Atlas directors as a strategic location for a new physical presence in which to expand Atlas' services, being white listed by the OECD, and offering a large pool of readily available and highly qualified lawyers, accountants and administrators as well as established banking institutions and an international stock exchange. Furthermore, the island offers a gateway for investing in African markets, with a time zone where business can be conducted with the Far East in the morning, Europe at mid-day, and the States in the afternoon.
Most crucially, a presence in Mauritius will offer significant opportunities to target inbound and outbound investments in the Indian economy, one of the fastest growing and most vibrant economies in the world. At the present time the tax treaty between the two countries means that companies in Mauritius are not taxed on investments in India, offering significant opportunities for international tax planning. A Mauritius company also has a treaty in place with China.
Commenting on the new office opening Paul Hymers, Finance Director said, "We believe that Mauritius represents a rich opportunity for us in terms of both existing and new clients. As well as continuing our corporate services solutions, we are also looking forward to forging links with the local market for wealth planning and insurance opportunities, and are encouraged by the strong relations with Africa and India."
No comments:
Post a Comment