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Tax & Regulatory Alert
COVID-19: Measures in Mauritius COVID-19: Economic, tax, and other fiscal stimulus measures in Mauritius
The World Health Organization (WHO) declared the new coronavirus 2019 (COVID‑19) as a pandemic on 11 March 2020, and the unprecedented nature of COVID-19 has compelled the Mauritius Government to actively implement numerous measures and address the impact of COVID-19 on its constituents. The COVID‑19 pandemic has been affecting major economic and financial markets, and virtually all industries are facing challenges associated with the economic conditions resulting from the prolonged pandemic. As COVID-19 increases in both magnitude and duration, entities are experiencing conditions often associated with a general economic downturn.
The depth and extent of measures are evolving rapidly, with new or enhanced measures been released virtually during the past six weeks. On 1 May 2020, the prime minister announced the extension of the lockdown until 1 June 2020 with partial deconfinement for certain activities scheduled from 15 May 2020. A COVID-19 bill is expected to be issued imminently to pave the way for easing the national lockdown and accompany the staggered deconfinement.
This publication summarises the key supportive measures aimed at various stakeholders of the island, announced or substantially enacted by our government so far.