Notice to exporters – Budget Measures 2024/25 – Extension of export incentives and schemes

1. Freight Rebate Scheme (FRS)

Extended until 30th June 2025 with the current Terms & Conditions. First-time exporters with a Total Turnover of less than Rs 20 Million will benefit from an increased refund of 40% for a period of one year.

2. Trade Promotion and Marketing Scheme (TPMS)

Extended until 30th June 2025 with the current Terms & Contidions. As from 1 July 2024, export to New Zealand will be qualified under TPMS.

3. Export Credit Guarantee Insurance Scheme (ECGIS)

Extended up to 30th June 2025 with the current Terms & Contidions

4. SME International Fairs Refund Scheme

• Extended until to 30th June 2025 with the current Terms & Conditions
• For the Tourism Industry, the maximum annual refund has been increased to Rs275,000 per company.
• For other qualifying sectors, the maximum annual refund has been increased to Rs500,000 per company.

5. Africa Warehousing Scheme

• The Scheme is extended until 30th June 2027 with the current Terms & Conditions. As from 1st July 2024, Made-in-Mauritius products that are warehoused in Kenya will be eligible under the AWS.