Geography

The location of Mauritius, situated in the Indian Ocean between Africa, Asia, and Australia,
offers an attractive business base and proximity for both regional and international trade.
Uniqlo can use Mauritius as a launching platform to tap regional markets through Mauritius
membership in the Southern African Development Community (SADC) and the Common
Market for Eastern and Southern Africa (COMESA), which offer preferential access to a
market of 400 million consumers,representing an import potential of USD 100 billion .
Mauritius

Conversion

also

has

free

and

trade

agreements

Transfer

with

Pakistan

and

Turkey.

Policies

The GOM abolished foreign exchange controls in 1994. Consequently, no approval is

required for the repatriation of profits, dividends, and capital gains earned by Uniqlo in
Mauritius. In general, businesses do not have difficulty obtaining foreign exchange.

The exchange rate is market-determined, but a small number of institutions dominate the
market with the Central Bank occasionally intervening.
Expropriation and Compensation
Property expropriation and compensation are unknown in Mauritius. A guarantee against
nationalization is entrenched in the Constitution. The Government of Mauritius has never
nationalized a business entity and therefore Uniqlo can set up in a hassle free environment.
Dispute Settlement
The Mauritian legal system is largely based on English common law and French civil law. A
Commercial Court was set up in early 2009 to expedite the settlement of commercial
disputes. The domestic legal system is generally non-discriminatory and transparent.
Members of the judiciary are independent of the legislature and the government. The highest
court of appeal is the judicial committee of the Privy Council of England. Mauritius is a
member of the International Court of Justice.

Transparency

of

the

Regulatory

System

Mauritius has based its prosperity on a free market economy. During the previous couple of
years,
the government had brought radical changes to trade, investment, tarfiff and income tax
regulation

to

simplify

the

framework

for

doing

business.

Trade licenses and numerous other bureaucratic obstacles were abolished to facilitates MNE
to establish in the country. Mauritius is one among the best democracy in the Africa with its
well

develop legal framework and

the adequate commercial textile infrastructure .

Regulatory system such as the Mauritius Company Act 2011b had been established to protect
the interest of the MNE/companies in doing business in Mauritius and also to ensure that
businesses are practiced with international standard to promote accountability ,fairness and
openness.
Right

to

Private

Ownership

and

Establishment