A discussion in light of the inclusion of Mauritius as a Category I jurisdiction for FPIs
The Mauritius international Financial Centre (IFC) has for long been a favourite route for investments into India. However, over the past few years this status has been challenged as a result of well-documented treaty and domestic law changes in India. The Order by the Government of India in April 2020 to classify Mauritius as Category I for foreign portfolio investments (FPI) has given the jurisdiction a major boost, helping to restore trust and confidence. In light of this development, what is the status of Mauritius as an investment route into India? What are the opportunities for the jurisdiction and what challenges remain?
Speakers:
• Fazeel Soyfoo, Director, Tax & Corporate Services (Moderator), Ocorian
• Vishal Woochit, Client Director, Funds, Ocorian
• Mukesh Butani, Founder and Managing Partner, BMR Legal Advocates
• Parul Jain, Co-Head, International Tax Practice, Nishith Desai Associates