• SMART CITY SCHEME

    The Government of Mauritius, through the Smart City Scheme, is therefore offering a plethora of opportunities to global investors to share in the vision of Mauritius in creating intelligent, innovative and sustainable cities of tomorrow.The Smart Cities, revolving around the work, life and play concept, incorporate mixed use developments in cosmopolitan conurbations with smart technology and pioneering innovation at their core. The focus is to deliver a happier lifestyle through the development of self-sufficient cities offering integrated sustainable solutions and ensuring minimum wastage and maximum comfort for the long-term benefit of all citizens and the future generations irrespective of social and economic class. 

    Dedicated to bringing these ambitious goals to life, the Government of Mauritius has set up the ‘Smart City Scheme’, providing a clearly defined enabling framework and an attractive package of fiscal and non-fiscal incentives to investors. This paves the way for tremendous investment opportunities in a wide array of components in the pioneering urban development. Enterprising visionaries have already presented compelling smart city development projects that complement the scenic spots of the island.

    Non-citizens who have a residence permit under IRS/RES will be exempted from an Occupation or Work permit to invest and work in Mauritius.



    Projects approved by the Economic Development Board include: Smart City Certificate Holders:

      Mon Trésor Smart City Ltd

      Cap Tamarin Ltée

      Medine Smart City Company Ltd

      Moka City Ltd

      Mauritius Jinfei Economic Trade and Cooperation Zone Co. Ltd

      Beau Plan Development Ltd

      Mont Choisy Smart City Ltd

      Hermes Properties Ltd

      Yihai Investment Ltd

      Royal St Louis Development Ltd

      New Montebello Development Ltd

  • The Property Development Scheme (PDS), which has replaced the IRS and RES, allows the development of a mix of residences for sale to non-citizens, citizens and members of the Mauritian Diaspora. The PDS provides the following:

    1. the development of luxurious residential units on freehold land of an extent of at least 0.4220 hectare (1 arpent).
    2. the development of at least six (6) residential properties of high standing;
    3. high quality public spaces that helps promote social interaction and a sense of community;
    4. high-class leisure, commercial amenities and facilities intended to enhance the residential units
    5. day-to-day management services to residents including security, maintenance, gardening, solid waste disposal and household services; and
    6. social contribution in terms of social amenities, community development and other facilities for the benefit of the community.
       

    A non-citizen is eligible for a residence permit upon the purchase of a villa under the PDS scheme when he has invested more than USD 375,000 or its equivalent in any freely convertible foreign currency. The PDS is also a demarcation from the IRS and RES in as much as it does not differentiate between small and big landowners and harmonizes the registration duty to a single rate of 5% instead of USD 70,000 on registration of a deed under IRS and USD 25,000 under RES. 
     

  • The Participation in International Fairs SME Refund Scheme has been introduced to assist SMEs to further promote and enhance their business activities through export promotion. Through this refund scheme, SMES exhibiting in international fairs are eligible to a refund of MUR 200,000 annually on the cost of participation, airfare and accommodation. All applications and claims from SMEs should be submitted to the Economic Development Board. Please consult the guidelines to find out more on the procedures to apply for this scheme and to check eligibility for refund.

    Application

    SMEs in the manufacturing and agri-business sectors 

    The SME should first register with the EDB. Once the registration has been approved, the SME can submit its application. Registration and application can be made online through the link: www.smegrantscheme.com/files/index.php


    SMEs in the services sector 

    SMEs should fill in the application form and submit support documents at least one month before start of fair which they plan to attend. The application form should be submitted by email to sme@edbmauritius.org

    Claim

    SMEs, having had prior approval for refund, should submit the claim form and corresponding proof of expenses within 10 days after return from fair.

    SMEs in the manufacturing and agri-business sectors 

    All claims should be submitted online through the link: www.smegrantscheme.com/files/index.php
    SMEs in the services sector. The claim form together with supporting documents should be submitted by email to sme@edbmauritius.org.
     

  • The Film Rebate Scheme is a cash-back incentive for audio-visual productions in Mauritius. A cash rebate of 30% and up to 40% for high end Feature film and TV series is reimbursed to eligible film producers on all Qualifying Production Expenditure (QPE) incurred and spent in Mauritius. The Film Rebate Scheme applies to production in the category of Feature Film, Commercials, TV serials/programmes, documentary programmes, Music videos and dubbing productions. The table below summarises the corresponding minimum QPE to be incurred in Mauritius in order to benefit from the Film Rebate Scheme:
     

    Type of project Minimum expenditure (USD) Production eligibility
    Feature films (including animation) 1,000,000 (eligible for up to 40% rebate) Foreign and Locals
    Feature films (including animation) 100,000 Foreign
    Feature films (including animation) 50,000 Local
    Television drama series or single dramas (Per episodes) 150,000 (eligible for up to 40% rebate) Foreign and Locals
    Television drama series or single dramas (Per episodes) 20,000 Foreign and Locals
    Television documentary 20,000 Foreign and Locals
    Other television programmes 30,000 Foreign and Locals
    Commercials 30,000 Foreign
    Music Videos 30,000 Foreign
    Music Videos 15,000 Locals
    Dubbing Project 30,000 Foreign and Locals

    Detailed information regarding the application procedure  for the Film Rebate Scheme is provided in the guideline for submission of application.

    To further improve operations efficiency, all applications for a new project and claim submission will henceforth be made online

    Applicants will need to register on the following link to submit their online application: 
    https://business.edbmauritius.org/

  • The Mauritian Diaspora Scheme has been set up with a view to attract members of the Mauritian Diaspora back to Mauritius to participate in the economic development of the country. Any member of the Mauritian Diaspora who, before 24 March 2015, has been living and working outside Mauritius and has the necessary skills, talent and experience and who is willing to return and serve Mauritius is eligible to apply for registration under the Scheme. For more information, please access the website on www.diaspora.mu
     

  • The Regulatory Sandbox License (RSL) offers the possibility for an investor to conduct a business activity for which there exists no legal framework, or adequate provisions under existing legislation in Mauritius.  The RSL will be issued by the Economic Development Board to eligible companies willing to invest in innovative projects according to an agreed set of terms and conditions for a defined period.

    Eligibility

    Any investor who has an innovative project for which there exists no legal framework or adequate provisions which cover the materialization of his project may submit a duly filled in application for the issuance of an RSL. The applicant should be able to demonstrate the innovative nature of the project at the local, regional or international level. 
     

    Mode of Application

    An applicant for an RSL should submit his application with a business plan and other relevant documents on sandbox@edbmauritius.org, and should his application be approved under the RSL Scheme, he should present the original documents to the Economic Development Board to obtain the RSL. Details about the business plan and the list of documents to be submitted can be found in the info center.
     

  • Freight Rebate Scheme to Africa

    The Freight Rebate Scheme for exports (‘Scheme’) is funded by the Ministry of Finance, Economic Planning and Development and is implemented and managed by the Economic Development Board (EDB) Mauritius.

    As per Budget Measures 2021/2022, the Freight Rebate Scheme is being extended until June 2022.

    These Guidelines set out the terms and conditions governing the Scheme. The Scheme may be terminated or amended, at any time, without prior notice. The EDB or Government of Mauritius will not bear any liability in respect of a Scheme which has been so terminated or amended.

    2. The Rebate


    2.1 Those eligible under the Scheme will benefit from the rebate set out below:

    1. 25% of Ocean Freight Cost* per 20-feet container up to the maximum of USD 300
    2. 25% of Ocean Freight Cost* per 40-feet container up to the maximum of USD 600
    3. 25 % of Ocean Freight Cost* for exports for Less Container Load (LCL/Groupage)

    2.2 The Ocean Freight Cost referred to in clause 2.1 above:

    (a) includes only:

    1. basic Ocean Freight Cost
    2. BAF (Bunker Adjustment Factor)
    3. Environmental Fuel Fee/Low Sulphur Surcharge IMO 2020
    4. Liner out Charges; and

    (b) does not include charges relating to Handling, Documentation, Stevedoring, and other associated Charges.

    2.3 The amount of rebate allowed will be capped at MUR 5 million yearly per Applicant. Any claim for rebate over and above the capped amount will only be considered exceptionally on a case-to-case basis.

    3.  Eligibility Requirements


    In order to benefit from the Scheme:

    (a)The Applicant must be an Eligible Beneficiary.

    (b) The export must be that of an Eligible Product; and

    (c) The export must be made:

    1. to an Eligible Port in the Eligible Country; or
    2. through an Eligible Port to a Landlocked Country.

    4.  Eligible Beneficiaries


    Eligible Beneficiaries mean exporters of Eligible Products:

    (a) having an annual turnover of less than MUR 250 million (the criteria as to turnover is effective as from 1st July 2021); and

    (b) include trading entities i.e., those entities that buy the Eligible Products for the purposes of exporting them; but

    (c) do not include freight forwarding companies and entities involved solely in shipment of the Eligible Products.

    5.  Eligible Products


    5.1 Subject to clauses 5.2 and 5.3 below, Eligible Products are those goods that are exported:

    (a) under a certificate of origin certifying that the goods originate from Mauritius; or

    (b) after having been manufactured or processed from imported materials and there is a value addition of more than 20% of the ex-works (excluding profit) of the finished goods.

    5.2 Products falling under clause 5.1(b) above which have undergone ‘minimal processes’ would not qualify as an Eligible Product.

    5.3 Minimal Processes referred to in clause 5.2 shall include, but shall not be limited to:

    1. Operations to ensure the preservation of products in good condition during transport and storage.
    2. Simple operations where neither special skills nor machines, apparatuses or tools especially produced or installed for those operations are required for their performance.
    3. Operations to remove dust, sifting or screening, sorting, classifying, matching, washing, painting, and cutting up.
    4. Changes of packing and breaking up and assembly of consignment; simple bottling and packing operations.
    5. Affixing of marks and labels.
    6. Slaughter of animals; and
    7. A combination of two or more operations specified above.

    6.0 Eligible Countries


    The Countries and Ports set out in Annex 1 shall qualify as Eligible Countries and Ports.

    7.0 Eligible Landlocked Countries


    The Countries set out in Annex 2 shall qualify as Eligible Landlocked Countries to the extent that the export is made through an Eligible Ports as set out in Annex 1.

    8.0 The application Process


    1. The applicant must :
      1. register with the EDB; and
      2. apply for the rebate

    2. An Applicant may apply for a rebate under the Scheme only as from the date he is registered with the EDB. No claim prior to that date shall be entertained.

    9.0 The Registration Process


    1. An Applicant wishing to benefit from the Scheme must register itself with the EDB. This is a one-off procedure. Click here to download the Registration Form.

    1. Certificate of Incorporation
    2. Business Registration Card
    3. VAT Certificate of Registration, and
    4. Last Audited Financial Statement

    3. The EDB will process the application and inform the Applicant whether the application has been approved or not.

    4. The EDB reserves the right to request for such additional documentation as it may deem fit.

    5. Registration with the EDB does not in any way guarantee that the Applicant is eligible for refund.

    10. Rebate Claiming Process


    1. The Applicant must submit the prescribed CLAIM FORM together with a copy of the following supporting documents:

    1. Bill of Lading
    2. Commercial Invoice
    3. MRA Custom Declaration Form (Bill of Entry)
    4. Certified copy of Invoice (Costs breakdown) from Freight Forwarding Agent
    5. Receipt of Payment from Freight Forwarding Agent
    6. Certificate of Origin (EUR1, IOC, COMESA or SADC)
    7. Written statement on process of manufacture and % of value addition certified by a registered accountant (for those goods falling under clause 5.1(b)). - This applies for exports not accompanied by a Certificate of Origin
    8. Written statement from Exporter on source of goods exported and relevant supporting documentary evidence -This applies to non-manufacturing exporters.

    2. The above documents should be submitted to the Economic Development Board (EDB) Mauritius 10th Floor, One Cathedral Square Building 16, Jules Koenig Street, Port Louis 11328.

    3. All Claims should be submitted within nine months from the date of shipment.

    4. Shipping Time

    As time to destination is a critical element in the success of the Scheme, the maximum shipping time from Port-to-Port destinations will vary as per approved schedule as set out in Annex 3. Claims may be rejected where an acceptable justification is not provided as to any delays in shipping times.

    The maximum “Shipping Time” allowed will be temporarily not applicable up to end June 2022 in the wake of COVID-19.

    5. The EDB shall examine the claims and reserves the right to request for such additional documents as may be required.

    6. The claim will be rejected:

    1. If the Claim does not meet the criteria as set out above and as determined by the EDB; or
    2. in case of any missing or incomplete documentation or information.

    11. False or Misleading Declaration


    1. It is an offence under section 39 (2) of the Economic Development Board Act, for a person to give information, particulars, or documents or to make any statement which is false or misleading in any material particular. On conviction, an offender shall be liable to a fine not exceeding MUR 500,000.00 and to imprisonment for a term not exceeding 5 years.
    2. In addition, notwithstanding any other action that the EDB may choose to take, in case of a false or misleading declaration:
      1. The applicant will not be eligible for any future rebate under any Scheme administered by the EDB, and
    3. The applicant shall be liable to refund any amount obtained under the Scheme.

    For any additional details you may contact Mr Pravin Soburrun on +230 2033825 or by email Pravin.Soburrun@edbmauritius.org or Mrs Reshma Napaul on +230 2032446 or by email Reshma.Napaul@edbmauritius.org.

  • 1. Introduction


    The Export Credit Insurance Scheme (‘Scheme’) is funded by the Ministry of Finance, Economic Planning and Development. The scheme is implemented and managed by the Economic Development Board (EDB) Mauritius since January 2018.

    As per Budget Measures 2021/2022 under the Export Credit Insurance Scheme:

    1. The maximum refund is increased to 0.5 percent until June 2022.
    2. The eligibility criteria are extended to Freeport Operators until June 2022.

    These Guidelines set out the terms and conditions governing the Scheme. The Scheme may be terminated or amended, at any time, without prior notice. The EDB or Government of Mauritius will not bear any liability in respect of a Scheme which has been so terminated or amended.

    2. Objective of the scheme


    The Scheme provides a refund on the cost of Export Credit Insurance Premium to eligible entities subscribing for Export Credit Insurance for their direct exports worldwide. The aim is to encourage them to take an insurance cover to secure trading and hence, boost up exports from Mauritius.

    3. The Refund


    1. Those eligible under the scheme will be entitled (either directly or through the export credit insurance provider) to a refund of 50% of the Export Credit Insurance Premium paid subject to a maximum of 0.5% of the insurable declared turnover including SMES, Cooperatives, and Freeport Operators up to June 2022.

    2. The refund will be on the export credit insurance premium actually paid. For the avoidance of doubt, the refund will also cover administrative/information fees.

    3. The refund will be paid to either the export credit insurance providers, or the eligible exporter.

    4. Eligibility Requirements


    In order to benefit from the Scheme, the Applicant has to be an:

    1. Eligible Exporter; and
    2. should subscribe for an eligible export credit insurance cover.

    5. Eligible Exporter


    1. An eligible exporter should:
      1. be incorporated or registered in Mauritius.
      2. manufacture or produce local goods (including SMEs, Cooperative, and Freeport Operators)
      3. have direct exports worldwide on “Open Account” only or such alternative acceptable mode of payment as the EDB may deem fit.

    2. Other Trading Entities would not qualify as eligible exporters.

    6. Eligible Export Credit Insurance cover


    An Export Credit Insurance cover will be eligible under this Scheme to the extent that it is subscribed with:

    1. Insurers registered or licensed in Mauritius and holding a valid license from the Financial Services Commission (FSC), which for the time being, are listed in Annex 1 ; or
    2. Such export credit insurance providers as may be approved by the EDB and which, for the time being, are listed in Annex 2; or
    3. Such export credit insurance providers which are exempted as per section 129(1) of the Insurance Act.

    7. The Process under the Scheme


    1. The Applicant must:
      1. register with the EDB; and
      2. apply for the refund

    2. An Applicant may apply for a refund under the Scheme only as from the date he is registered with the EDB. No claim prior to that date shall be entertained.

    8. Registration Process


    1. Applicants wishing to benefit from the Scheme must register themselves with the EDB. This is a one-off procedure. Click here to download the Registration Form.

    2. Applicants must submit the Registration Form and a copy of the:

    1. Certificate of Incorporation,
    2. Business Registration Card; and
    3. VAT Certificate of Registration; and
    4. Freeport Certificate (if applicable)

    3. The EDB will process the application and inform the Applicant whether his registration with the EDB has been approved or not.

    4. The EDB reserves the right to request for such additional documentation as it may deem fit.

    5. Registration with the EDB does not in any way guarantee that the Applicant is eligible for refund.

    9. Claims Process


    1. Applicants must submit a claim form and such documents as the EDB may require.

    2. Downloadable Forms are below:

    3. Eligible Exporters having an export credit insurance contract with Credit Guarantee Insurance Co. Ltd and Sanlam General Insurance Ltd should send the claim forms directly to these entities. Any refund will be made directly to these 2 entities. To this extent, the Eligible Exporter must fill and sign the Letter of No Objection.

    All other Eligible Exporters (including those having an export credit insurance contract under MEXA-COFACE Master Policy) should submit their claim, together with such documentary evidence as listed on the Claim Form, directly to the EDB.

    4. The EDB shall examine the claims and reserves the right to request for such additional documents as may be required.

    5. The claim will be rejected:

    1. If the Claim does not meet the criteria as set out above and as determined by the EDB; or
    2. in case of any missing or incomplete documentation or information.

    10. False or Misleading Declaration


    1. It is an offence under section 39 (2) of the Economic Development Board Act, for a person to give information, particulars, or documents or to make any statement which is false or misleading in any material particular. On conviction, an offender shall be liable to a fine not exceeding 500,000 rupees and to imprisonment for a term not exceeding 5 years.

    2. In addition, notwithstanding any other action that the EDB may choose to take, in case of a false or misleading declaration:

    1. The applicant will not be eligible for any future rebate under any Scheme administered by the EDB, and
    2. The applicant shall be liable to refund any amount obtained under the Scheme.

    Contact person at the EDB: Mr Seewanand Ramkissoon on 2033845 or seewanand.ramkissoon@edbmauritius.org

  • The Registration Certificate (Food Processing) has been introduced to promote global value chain through the cultivation and importation of agricultural products to be used as raw materials for processing into intermediate and finished products and to encourage re-export activities.
     

  • The Support for Trade Promotion & Marketing Scheme (TPMS)

    The Support for Trade Promotion & Marketing Scheme (TPMS) is funded by the Ministry of Finance, Economic Planning and Development. The Scheme is implemented and managed by the Economic Development Board (EDB) Mauritius.

    These Guidelines set out the terms and conditions governing the Scheme. The Scheme may be terminated or amended, at any time, without prior notice. The EDB or Government of Mauritius will not bear any liability in respect of a Scheme which has been so terminated or amended.

    2. Objective


    The objective of TPMS is to give a boost to, and support, manufacturing companies in their quest to penetrate the eligible markets faster by making use of air shipment and hence, to enhance product delivery in terms of Speed-to-Market and increase competitiveness of local manufacturing products.

    3. The Rebate


    1. The Scheme is presently valid up to 30 June 2022
    2. Those eligible under the TPMS will benefit as follows:
      1. For exports from 1st July 2020 to 31st October 2020:
        1. Subject to paragraph (ii) below, 40% refund of Air freight Cost (All-in prices) including Fuel Surcharge and Security Surcharge.
        2. 40 % refund of Air Freight Cost (All-in prices) including Fuel Surcharge and Security Surcharge for export of vegetables, fruits and flowers will be shared equally between the Planter and the Exporter who will each be eligible to 20%.
      2. For exports from 1st November 2020 to 30th June 2022:
        1. Subject to paragraph (ii) below, 60% refund of Air Freight Cost (All-in prices) including Fuel Surcharge and Security Surcharge
        2. 60% refund of Air Freight Cost (All-in prices) including Fuel Surcharge and Security Surcharge for export of vegetables, fruits, flowers will be equally shared between the Planter and the Exporter who will each be eligible to 30%
    3. The rebate is capped at Rs30 Million per Applicant irrespective of destination (Eligible Markets only) for the financial year ending June 2022.
    4. The Sea-Air option (Mauritius-Reunion Island-CDG Paris) is eligible for the financial year ending June 2022 (Effective for exports as from 1st Nov 2020)

    4. Eligibility Requirements


    In order to benefit from the TPMS, the applicant has to be an Eligible Beneficiary requesting for a rebate in relation to an export of an Eligible Product made to an Eligible Market.

    5. Eligible Beneficiaries


    Only entities producing and manufacturing agricultural and non-agricultural products in Mauritius shall be eligible provided that:

    1. they export on CIF (Cost insurance and Freight)/CFR (Cost and Freight) value; and
    2. under the relevant Certificate of Origin.

    6. Eligible Products


    All agricultural and non-agricultural products produced /manufactured in Mauritius are eligible except for:

    1. machinery
    2. live animals and
    3. chemicals.

    7. Eligible Markets


    The markets listed out in Annex 1 shall qualify as eligible markets.

    8. The Process


    An Applicant must :

    1. Register with the EDB as beneficiary.
    2. Register on the Business Portal of the National E-licensing System (NELS) - https://business.edbmauritius.org/ to be able to apply online for their claims.
    3. Claim for the rebate on the Business Portal of the National E-licensing System (NELS)- https://business.edbmauritius.org/.

    (NOTE: All claims have to be submitted on NELS)

    9. Registration with EDB


    1. The Applicant must register with the EDB by filling the REGISTRATION FORM. Click here to download the Registration Form.
    2. The Registration Form should be sent to the EDB along with a copy of:
      1. Business Registration Certificate (BRN);
      2. Certificate of Incorporation; and
      3. VAT Certificate (if available)
    3. The EDB reserves the right to request for such additional documentation as it may deem fit.
    4. The EDB will process the Registration and inform the Applicant whether his Registration has been approved or not.
    5. Registration with the EDB does not in any way guarantee that the Applicant is eligible for refund.
    6. An Applicant may apply for a rebate under the Scheme only as from the date he is registered with the EDB. No claim prior to that date of registration shall be entertained.

    10. The Claims Process


    1. Once registration with the EDB has been approved under Clause 9 above, the Applicant must register on the Business Portal of the National E- Licensing System (NELS) and obtain a user account and password to be able to submit claim at https://business.edbmauritius.org/.
    2. An Applicant may only claim for a refund if he is registered:
      1. with the EDB; and
      2. on the NELS business Portal
    3. The Applicant should submit and upload online the following supporting documents:
      1. Air Waybill (AWB) or House Air Waybill (HAWB)
      2. Commercial Invoice
      3. MRA Customs Declaration Form
      4. Certified VAT Invoice from Freight Forwarding Agent/Courier Service (with costs breakdown of freight components)
      5. Receipt of payment from Freight Forwarding Agent/Courier Service
      6. Certificate of Origin (for Exports under EPA, EUR1, AGOA or GSP)
      7. Gate Pass/Memorandum
    4. Click here to read the Applicant Guidelines.
    5. Registration and Claim Forms for exports of Flowers, Fruits, and Vegetables must be submitted to Agricultural Marketing Board, Tel- 4334025, Website: http://ambmauritius.mu/freight-rebate-scheme/
    6. The EDB shall examine the claims and reserves the right to request for such additional documents as may be required.
    7. The claim will be rejected:
      1. If the Claim does not meet the criteria as set out above and as determined by the EDB; or
      2. in case of any missing or incomplete document or information.

    11. False or Misleading Declaration


    1. It is an offence under section 39 (2) of the Economic Development Board Act, for a person to give information, particulars, or documents or to make any statement which is false or misleading in any material particular. On conviction, an offender shall be liable to a fine not exceeding MUR 500,000.00 and to imprisonment for a term not exceeding 5 years.
    2. In addition, notwithstanding any other action that the EDB may choose to take, in case of a false or misleading declaration:
      1. The applicant will not be eligible for any future rebate under any Scheme administered by the EDB, and
      2. The applicant shall be liable to refund any amount obtained under the Scheme.

    For any additional details you may contact Mr Pravin Soburrun on +230 2033825 or by email Pravin.Soburrun@edbmauritius.org or Mrs Reshma Napaul on +230 2032446 or by email Reshma.Napaul@edbmauritius.org.

  • VAT Refund Scheme - Meetings, Incentives, Conventions and Exhibitions (MICE)

    Mauritius, with its dynamic pro-business environment underpinned by its state-of-the-art infrastructure, is a prime MICE destination in Africa. Over and above its numerous attributes and fiscal incentives, a VAT Refund Scheme has been introduced to encourage the business and entertainment event industry to anchor major international events in Mauritius. Under this programme, event organisers will benefit from major cost savings on accommodation costs and smoother event planning.

    About the Scheme

    Under the VAT Refund Scheme, an event organiser registered with the Economic Development Board (EDB) may submit an application to the Mauritius Revenue Authority (MRA) for refund of VAT in respect of accommodation costs for events with at least 100 visitors staying for a minimum of 3 nights for business meetings, conferences and weddings. The event organiser is required to register the event with the Economic Development Board (EDB) at least 30 days before the date of the event. Please consult the guidelines to find out more on the streamlined procedures to apply under this scheme.

    Mode of Application

    1. Prior to Event - Event Registration
    2. Event Registration should be made online through the link at least 30 days before the date of the event.
    3. Post Event - VAT Claim
    4. The organiser is required to submit to EDB, not later than 60 days from the end of the event, a statement giving the following details: -
    5. A list of visitors who attended the event;
    6. A breakdown, in respect of each visitor, of the number of nights stayed, the accommodation costs and the corresponding amount of VAT; and
    7. Details of each visitor and copy of VAT invoices in respect of accommodation costs issued by the hotel in respect of these visitors, clearly specifying check in and check out dates.
    8. Details should include Name of visitor, Passport no., Nationality and Date of arrival/departure. A copy of the visitor’s passport details should be attached.
       

    4. The amount of VAT claimed

    Within 30 days after receipt and examination of the above information, EDB will, upon satisfaction, issue a certificate to the organiser, certifying the following:

    1. that the event has taken place;
    2. that the event has been attended by not less than 100 visitors;
    3. that each visitor has stayed for at least 3 nights; and
    4. the accommodation costs and the corresponding amount of VAT in respect of each visitor.

    Upon receipt of the above certificate, the organiser may proceed to make an application for the refund of VAT recommended by EDB to the MRA. The application form for VAT Refund can be downloaded from the website of MRA at www.mra.mu.

  • Africa Warehousing Scheme (AWS)

    The Africa Warehousing Scheme (WS) (Scheme) is implemented and managed by the Economic Development Board (EDB) Mauritius and funded by the Ministry of Finance, Economic Planning and Development.

    These Guidelines set out the terms and conditions governing the Scheme. The Scheme may be terminated or amended, at any time, without prior notice. The EDB or Government of Mauritius will not bear any liability in respect of a Scheme which has been so terminated or amended.

    2. Objective of AWS


    The objective of the Scheme is to provide a subsidy on the rental and administrative costs of warehouses in selected countries, so as to support access and increase competitiveness of locally manufactured products in these markets.

    3. The Refund


    1. Eligible Beneficiaries will be entitled to 60% refund of the annual warehousing costs.
      Warehousing Costs
      1. mean :
        1. Rental and administrative costs for first 200 m2 over 2 years
        2. Rental of additional space of 200 m2 over 2 years
        3. Merchandising costs for the 1st year only
        4. Registration costs – One-off cost in the 1st year only (Company Incorporation, Licensing, Trademarks, etc) and
      2. exclude all other costs not set out in (a) above

    2. The refund will be
      1. Time-bound for 2 years (Effective from 12th Oct 2020) and
      2. Capped at:
        • Rs. 1,200,000 for the 1st year
        • Rs. 300,000 for the 2nd year
        • Rs. 300,000 pro-rata for additional space of 200m2, per year, during the two years of operations

    4. Eligible Beneficiaries


    The AWS Committee set up by EDB will assess the eligibility of the applicants and their qualifying products.

    Eligible Beneficiaries are Mauritian manufacturing entities operating warehouses in Eligible Countries for qualifying Products.

    For the avoidance of doubt, a refund under this Scheme, does not attest that the Beneficiary is in compliance with all applicable laws. It shall remain the responsibility of the Beneficiary to hold all applicable licences, authorisations, permits as may be required and to ensure compliance with all applicable laws including, without limitation, compliance with laws relating to Environment, Food Safety and Labour.

    The Government of Mauritius and the Economic Development Board Mauritius shall bear no liability for any incident, accident, or injury.

    5. Eligible Countries


    The Eligible Countries are set out in Annex 1.

    6. Qualifying products


    The Qualifying Products are those that are manufactured locally and comply with the SADC, COMESA, or any other alternative rules of origin acceptable to the AWS Committee.

    7. The Application Process


    a) The Applicant must :

    1. Register with the EDB; and
    2. apply for the rebate

    b) An Applicant may apply for a rebate under the Scheme only as from the date he is registered with the EDB. No claim prior to that date shall be entertained.

    8. The Registration Process


    1. An Applicant wishing to benefit from the Scheme must register itself with the EDB. This is a one-off procedure.
      Click here to download the Registration Form.
    2. The Applicant must submit the Registration Form to the EDB and a copy of the:
      1. Certificate of Incorporation; and
      2. Business Registration Certificate (BRN);
      3. VAT Certificate of Registration
    3. The EDB will process the application and inform the Applicant whether his application to be registered with the EDB has been approved or not.
    4. The EDB reserves the right to request for such additional documentation as it may deem fit.
    5. Registration with the EDB does not in any way guarantee that the Applicant is eligible for refund.

    9. The Claims Process


    1. The Applicant must submit the prescribed CLAIM FORM (Click here to download Claim Form) together with a copy of the following supporting documents:
      1. Exports of Made-in-Mauritius Products
      2. i) Air Waybill (AWB) or House Air Waybill (HAWB) or Bill of Lading
      3. ii) Commercial Invoice
      4. iii) MRA Customs Declaration Form
      5. iv) Certificate of Origin
      6. Africa warehousing rentals
      7. v) Lease Agreement/Contract
      8. vi) Warehouse Insurance Policy
      9. vii) Certified copy of Invoice from Lessor (with costs breakdown of rental components e.g rental costs, administrative costs, etc)
      10. viii) Receipt of payment from Lessor
      11. ix) Merchandising Agreement/Contract
      12. x) Certified copy of Invoice from Merchandiser
      13. xi) Receipt of payment for merchandising costs
      14. xii) Certified copy of Certificate of Incorporation, Licences and Trademarks in the eligible country
      15. xiii) Receipt of payment for Company Incorporation /Licensing/ Trademarks
    2. Registration and Claim Forms to be submitted to the Economic Development Board (EDB) Mauritius, 10th Floor, One Cathedral Square Building, 16 Jules Koenig Street, Port Louis 11328.
    3. The Claim has to be submitted within three months from the date of payment of any warehousing cost.
    4. The EDB shall examine the claims and reserves the right to request for such additional documents as may be required.
    5. The claim will be rejected:
      1. If the Claim does not meet the criteria as set out above and as determined by the EDB; or
      2. in case of any missing or incomplete documentation or information.
      3. The Beneficiary is in breach of any applicable law.

    11. False or Misleading Declaration


    1. It is an offence under section 39 (2) of the Economic Development Board Act, for a person to give information, particulars, or documents or to make any statement which is false or misleading in any material particular. On conviction, an offender shall be liable to a fine not exceeding 500,000 rupees and to imprisonment for a term not exceeding 5 years.
    2. In addition, notwithstanding any other action that the EDB may choose to take, in case of a false or misleading declaration:
      1. The applicant will not be eligible for any future rebate under any Scheme administered by the EDB, and
      2. The applicant shall be liable to refund any amount obtained under the Scheme.

    For any additional details you may contact
    Mr Pravin Soburrun on +230 2033825 or by email Pravin.Soburrun@edbmauritius.org
    Mrs Reshma Napaul on +230 2032446 or by email Reshma.Napaul@edbmauritius.org
    Mrs Raifa Bundhun on +230 2033897 or by email raifa@edbmauritius.org

  • E-Commerce Scheme Guideline

    1.0 Description of the e-Commerce certificate

    The guideline relating to the e-Commerce certificate is issued in line with provision in the Economic Development Board Act section 17 (A) and aims to

    1. define procedures required to be followed by companies in line with requirements under e-Commerce scheme;
    2. provide a comprehensive and user-friendly guide and reference document to assist companies to submit projects under the scheme;
    3. ensure compliance with relevant Regulations;
    4. facilitate the submission and processing of applications for new projects through a clear, streamlined and more transparent project development, evaluation, approval and implementation process.

    1.1 The objective of the scheme


    The objective of the e-Commerce guideline is to promote and cater for the domiciliation of electronic platforms and their related ancillary activities in Mauritius. The e-Commerce Scheme will be administered by the Economic Development Board and holder of the e-Commerce certificate will be eligible to a tax holiday of 5 years.

    1.2 Definition and Scope


    For the purpose of this guideline, e-Commerce activities mean the hosting and maintaining of an e-Commerce platform and providing other related services such as advertising and selling of subscriptions by an e-Commerce operator. The e- Commerce guideline shall extend to e-Commerce activities that take place within and from Mauritius with the objective to provide a framework:

    1. to enable e-Commerce operators to conduct commercial transactions through electronic networks; and
    2. to provide information in respect of marketing, supply, trade, order and delivery of goods or services.

    1.3 Eligibility


    An e-Commerce operator which satisfies the following conditions shall be eligible to apply for an e-Commerce certificate:

    • Domiciliation of the technology entirely in Mauritius, including, but not limited to, platforms, main servers and nodes, client relationship management systems, software, policies;
    • Principle supply chain management in Mauritius;
    • Have a principal place of business in Mauritius including bank account and physical office;
    • Payment infrastructure including clearing and check-out systems based in Mauritius;
    • Invoicing to be conducted in Mauritius at all times and revenue attributable through the e-Commerce platform shall be accrued in Mauritius;
    • Minimum of 10 resident personnel including 2 at senior management level, who shall conduct its core income generating activities in Mauritius;
    • Servicing at least 3 countries as consumer markets;
    • Minimum operating expenditure of at least MUR 10 million per year;
    • Minimum capital investment of at least MUR 5 million, inclusive of hardware, software and/or logistics;
    • Transactions carried out in a multitude of currencies.

    In the event, that a company does not satisfy the eligibility requirements under section 1.3, the company shall be eligible to apply for an e-Commerce certificate provided it satisfies the following conditions:

    1. minimum capital investment of at least 20 million rupees in Mauritius, including hardware, software and logistics;
    2. at least 20 suitably qualified resident personnel, including 2 at senior management level, who shall conduct its core income generating activities in Mauritius;
    3. engaging in e-Commerce activities in high priority sectors including but not limited to Retail, Electronics, Fashion and Apparel, Entertainment, Healthcare and Life Sciences, Real Estate, Energy and Education; and
    4. incurring minimum expenditure proportionate to its activities.

    1.4 How to Apply


    Applications and relevant supporting documents (as per Annex 1) should be submitted electronically to the Ag Chief Executive Officer of Economic Development Board (EDB) through the online portal.

    2.0 Evaluation Committee

    The e- Commerce Committee shall be composed of the Chief Executive Officer from Economic Development Board or his representative at director’s level and other relevant institutions such as:

    • A representative of the Ministry responsible for the subject of Finance;
    • A representative of the Ministry responsible for subject of Information and Communication Technology;
    • A representative of the Ministry responsible for the subject of Commerce and Consumer Protection;
    • A representative of the Mauritius Revenue Authority

    The members of the Committee shall, where appropriate, include one or more officers of a public sector agency, and such other suitable and qualified persons.

    2.1 Objective of the Committee


    The objective of the Committee is to:

    • Operate as an independent Committee to coordinate the processing of all e-Commerce proposals submitted to the EDB for the e-Commerce certificate.
    • Be the focal point of assessing:
      1. All e-Commerce proposals received at the level of the EDB requesting for an e-Commerce certificate;
      2. Provide with a recommendation as to whether to approve/decline the e-Commerce proposal.

    2.2 Preliminary evaluation


    After receipt of the proposal, the EDB will verify that all relevant documentation has been provided by the applicant. The proposal, along with a brief, will be submitted to the e-Commerce Committee.

    The e-Commerce Secretariat shall endeavour to ensure that an application is considered by the e-Commerce Committee within a maximum period of 3 months. This time shall start only when the EDB has been provided with all information/documentation by the applicant.

    2.3 Recommendations of the e-Commerce Committee


    In relation to each proposal, the e-Commerce Committee, following analysis of the project brief, shall:

    1. Recommend that the Board of the EDB issues the e-Commerce certificate to the applicant subject to terms and conditions as may be applicable;
    2. Refer the application back to the e-Commerce Secretariat for further assessment; or
    3. Recommend that the EDB rejects the application.

    Where, following assessment of the project brief, the e-Commerce Committee recommends the issue of the e-Commerce certificate in relation to the project, the EDB shall issue the e-Commerce certificate with such terms and conditions as may be deemed necessary by the e-Commerce Committee and approved by the Board of the EDB.

    2.4 Deferral


    The e-Commerce Committee may defer its assessment of any proposal in view of requesting further information. In such situation, the e-Commerce Committee Secretariat shall endeavour to collate all additional information requested by the e-Commerce Committee for its consideration at the next meeting.

    2.5 Recommendation for the EDB to reject the


    The e-Commerce Committee may recommend that the e-Commerce proposal be rejected on grounds including if it is of the opinion that the proposed activity does not fall under e-Commerce business, is not suitable for the jurisdiction or may cause prejudice to the soundness and good repute of Mauritius.

    3.0 Application Process

    This includes how/where to submit the proposal, documents to be submitted and evaluation process by the Secretariat and Committee.

    Stage 1: Submission of project proposal to EDB

    • Any company applying for the e-Commerce certificate must submit its proposal along with a detailed business plan (financial forecast, initial investment) and all necessary documents to the EDB.
    • The business plan should include inter-alia: (Details like project activities, where technology will be domiciled, supply chain management, office location, invoicing process, countries targeted, payment infrastructure, number of employees, number of markets service, operating expenditure, capital investment and number of currencies transactions carried out amongst others).
    • Upon receipt of the proposal, a preliminary evaluation will be carried out by the EDB team.
    • The EDB reserves the right to request for additional information depending on the complexity and specificity of the project, the business model and in line with its duty to perform due diligence and ensure compliance with prevailing legislations and regulations.
    • The EDB reserves the right to reject or defer evaluation of any application in cases, inter-alia:
      • Lack of information;
      • Difficulty to evaluate soundness of processes, technologies and infrastructure;
      • Difficulty to perform due diligence;
      • Projects that may be contrary to prevailing policies at the level of Government, Government Agencies and Ministries;
      • Others

    Stage 2: Assessment by e- Commerce Secretariat

    • Applications deemed complete by the Secretariat shall be brought to the e-Commerce Committee for technical evaluation and recommendation.

    Stage 3: Approval by the e-Commerce Committee and the Board of EDB

    • Upon approval by the e-Commerce Committee and the Board, EDB to issue the e-Commerce certificate to the applicant subject to terms and conditions as may be applicable.

    3.1 Terms & Conditions


    The e-Commerce certificate will be accompanied by a number of conditions specific to the activity referring to:

    • Terms and conditions that need to be followed;
    • Compliance with existing regulations referring to general business operation;
    • Monitoring mechanisms;
    • Others

    Applicants should beforehand identify the potential risks to consumers and the country’s economy that may arise from the delivery of the services.

    Where there are existing legal provisions for such types of activity, the applicant is encouraged to provide the necessary information.

    Terms and conditions attached to the certificate may include, inter-alia;

    1. consumer protection;
    2. duration of the certificate;
    3. availability of consumer redress mechanism, including the possibility for financial compensation under clearly specified circumstances;
    4. maintain appropriate risk management systems and processes including adequate confidentiality and security controls as well as contingency arrangements to address fraud and operational disruptions;
    5. responsibility for losses are either taken by third party companies wishing to test the new products or the company proposing the project
    6. demonstration of skills transfers to locals.

    In addition to the above Terms and Conditions, the project should be carried out in accordance with all existing legislative arrangements.

    4.0 Revocation and suspension of scheme

    Where a holder of an e-Commerce certificate no longer satisfies the requirements under eligibility criteria 1.3, the Chief Executive Officer may, after giving prior notice in writing, withdraw the certificate and notify the Director-General of the MRA that the member has ceased to satisfy the eligibility requirements under criteria 1.3.

    5.0 Miscellaneous

    A company which holds a Global Business Licence, other than a company which operates, and undertakes e-Commerce activities, in the Business Process Outsourcing (BPO) sector shall be eligible to apply for an e-Commerce certificate provided it complies with the eligibility requirements under criteria 1.3.

    For any additional details you may contact us

    Economic Development Board
    10th Floor, One Cathedral Square Building, 16, Jules Koenig Street,
    Port Louis- Mauritius
    Tel: +230 203 3800
    Email ecommerce@edbmauritius.org

    Disclaimer:
    These guidelines may be subject to changes and should not, in any circumstances, be treated as final. Any other information or document not listed above may be requested depending on the application.
    Whilst care has been taken to ensure that the information provided herein is accurate and correct at the time of publication, users of this publication are advised to seek guidance from the Economic Development Board in case of uncertainty or ambiguity encountered in reading this manual. The Economic Development Board shall, in no circumstances whatsoever, be held liable to any person arising from use of information contained herein.

  • National Regeneration Programme

    In December 2018, Government introduced the National Regeneration Programme (NRP), an initiative to regenerate and revitalize the central areas of our city, towns and larger villages. The NRP is managed under the Smart City Scheme.

    The NRP provides for restoration, consolidation and improvement of the built fabric of towns and large villages with respect to public and private buildings and infrastructure in a specific area approved under an Area Regeneration Plan (ARP). 

    The local authority or a group of landowners or any person having a development proposal may produce an area regeneration plan which, once approved by the EDB, will be the high-level masterplan that will guide development, investment and projects in the central areas. This may include buildings, groups of buildings and key infill sites where effective improvement may be achieved, existing buildings refurbished, and new buildings constructed. 

    A project will be approved by the EDB where it is located within the ARP and is related to any work associated with the construction, reconstruction, demolition, repair or renovation of a building, structure or works, such as site preparation, excavation, erection, building, installation of equipment or materials, decoration and finishing and other similar services.

    Incentives provided to NRP developer: 

    A developer issued with a registration certificate will be provided the following incentives:

    • Fully recover VAT paid on buildings and capital goods for a period not exceeding 2 years from date of registration certificate;
    • Claim for a repayment of the amount of input tax allowable in respect of buildings and capital goods;
    • Tax credit in respect of capital expenditure incurred in 2 succeeding income years from the date of the registration certificate;
    • Exempt from income tax with respect to an activity related to smart parking;
    • Where an NRP developer imports any dutiable goods, other than furniture, to be used in infrastructure works and construction of buildings, no customs duty shall be paid on those goods;
    • Where an NRP developer imports furniture in such condition that it would require further processing resulting into value addition of at least 20% of the c.i.f value at import, no customs duty shall be paid on the furniture; and
    • Where an NRP developer has incurred capital expenditure on approved renovation and embellishment works in the public realm, a deduction of the capital expenditure so incurred shall be allowed from its gross income in the income year in which expenditure is incurred.
    • Income derived by an NRP developer from an activity relating to smart parking is exempted from income tax for a period not exceeding 5 years from the income year in which the company starts its operations.

    As at date, the EDB has approved the Area Regeneration Plans for

    • Port Louis 
    • Mahebourg 

    The EDB welcomes investors to submit development proposals/ projects and apply for a registration certificate under the National Regeneration Scheme and benefit from the above incentives. 

    Any additional query/ information may be submitted to hpd@edbmauritius.org.

     

     

    Regeneration of Port Louis under the National Regeneration Programme

     

    port louis

     

    The area regeneration plan of City of Port Louis has been approved by the Economic Development Board pursuant to regulation 20B (7)(a) of the Economic Development Board (Smart City Scheme) Regulations 2015, as amended.

    The area described hereunder has been declared as a Special Development Area under the National Regeneration Programme:

    North East
    Starting from Quay D Roundabout, the boundary runs towards the East along Military Road up to its end towards Boulevard Victoria;

    East
    From the last-mentioned point, the boundary runs southerly along Boulevard Victoria to its junction with Mahatma Gandhi Street; thence along an imaginary line up to the ridge of Spear Grass Peak;

    South
    From the last-mentioned point, the boundary runs in a general westerly direction along the ridge of Signal Mountain (behind Marie Reine de la Paix) to an imaginary junction with Maupin Street; thence runs North West along Maupin Street up to Caudan Roundabout on the Dual Carriageway (M1); thence generally West along Pagoda Street up to the end of Robert Edward Hart Gardens; thence along the boundary of Western Cemetery and along its prolongation to the seashore;

    West
    From the last-mentioned point, the boundary runs generally North along the seashore; thence westerly along Marine Road; thence along Approach Road up to the starting point.

    The area regeneration plan stated hereinbefore is valid for a period of two (2) years ending 9 July 2021.

    A person intending to carry out works in the special development area, including works in the public realm, must make an application to the Economic Development Board for a registration certificate as NRP Developer.

    Projects submitted under the National Regeneration Programme must pay special attention to:

    • complementary and integrated development projects privileging mixed-use development projects which contribute to the revitalisation of the city centre areas by redeveloping vacant and derelict sites and projects which mutually complement to the economic livelihood and attractiveness of the Port Louis as an iconic liveable development area for leisure and business
    • design for a liveable and sustainable inner city by capitalising on the natural advantage of the city by integrating the mountains, the traditional core and the waterfront to improve the identity and image of the city centre as place providing a pleasant live-work-play experience in all aspects
    • enhancing the city centre’s image and identity by introducing high standards of building design, reduced urban sprawl and carbon footprint and improvements to the public realm
    • encouraging iconic transit-oriented developments and projects that enable a more efficient parking management and usage of public transport amenities, highway infrastructure, pedestrian plazas and esplanades
    • the protection of buildings of architectural/ historic interest, identification of conservation areas, adhering to the planning policy guidelines and imposed restrictions by the buffer zones for National Heritage sites such as the Aapravasi Ghat, protection and preservation and integration of building of architectural, historic, religious or cultural interest such as the Granary, preservation of urban parks and gardens of historic significance
    • an emerging demand for high-rise apartment blocks as a common feature in the urban landscape to service growing demand from professionals and retirees who desire shorter journeys to work and a better work-life balance
    • recent development trends in order to improve the older parts of the core area of Port Louis where there is a lack of landscaped areas and greeneries, poor pedestrian facilities, congested streets, shabby conditions of many buildings, fronting streets jammed with traffic
    • efforts required to retain and preserve buildings that reflect the history of Mauritius as well as the general ambiance of the locations in which they stand.

     

     

    Regeneration of Mahebourg under the National Regeneration Programme

     

    Mahebourg

     

    The area regeneration plan for Mahebourg, declared as a special development area, has been approved under the National Regeneration Programme under the provisions of the Economic Development Board (Smart City Scheme) Regulations 2015. The area plan is described as follows: 

    North
    Starting from the mouth of River La Chaux at Cavendish bridge, the boundary runs south easterly along the seashore to the junction of Airport road and the coastal road.

    South
    From the last-mentioned point, the boundary runs along the airport road joining A10 road at Beau Vallon roundabout, thence the boundary runs towards the west up to river La Chaux.

    West
    From the last mentioned point the boundary runs generally north along river La Chaux and includes the locality of Ville Noire and runs up to Cavendish Bridge.

    The area regeneration plan stated hereinbefore shall be valid for a period of two (2) years ending 10 January 2023.

    A person intending to carry out works in the special development area, including works in the public realm, must make an application to the Economic Development Board for a registration certificate as NRP Developer.

    For all developments, relevant design considerations should include:

    • Preserving and enhancing historic buildings and townscape and maintaining and strengthening local distinctiveness and sense of place;
    • Protecting and enhancing urban open space, green wedges, areas of landscape significance, environmentally sensitive areas and land/ water interface areas;
    • Redeveloping vacant and under-used sites and optimizing the use of previously developed built-up areas;
    • Improving existing building stock.
    • Heritage Conservation - maintaining a unique sense of place. Mahebourg is particularly significant in Mauritian heritage and many buildings of architectural or historic interest are located within the town itself. The continued stewardship and repair of this built heritage is essential to maintaining and enhancing the character of the Mahebourg area.

      Any applications located within the setting of National Heritage or involving such items should be carefully considered and be in accordance with the National Heritage Trust Fund Act. Opportunities for private sector usage of National Heritage items which can facilitate their sustainable use should be supported to broad conformity with PPG. 
    • Mahebourg Waterfront 

      Any development within or in vicinity of the Mahebourg Waterfront should ensure the setting, architectural features and townscape of the waterfront are not adversely affected by any proposed development including civil works. 
    • Other design framework shall include:
      • Vibrant streets and urban spaces, interconnected network of places that support walking, cycling, social interaction and display distinctive private, commercial and civil functions.
      • New and existing public places must respect, enhance and respond to their local natural environment within and around them.
      • Green spaces and community gardens can play a huge role in delivering ecological and social functions.
         

     

  • Invest Hotel Scheme

    The Invest Hotel Scheme (IHS) provides for existing hotel companies as well as new hotel development to sell hotel rooms to finance the refurbishment, reconstruction, alteration or upgrading of existing hotels or the construction of new hotels.

    Where a non-citizen acquires a stand-alone villa, forming part of a hotel under IHS, for a price of not less than USD 375,000 or the equivalent in other freely convertible currencies, the buyer becomes eligible for a residence permit.

    Under the IHS, the investor who has acquired a unit enters into a lease agreement whereby the room is leased back to the hotel developer in return for rental income. The unit leased to the hotel developer may be used and occupied by the unit owner or any person on his behalf free-of-charge for a total of not more than 45 days in any period of 12 months.

    The IHS Guidelines for submitting a development proposal under IHS can be downloaded in the link below.

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