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Minimising taxes for South African companies investing into Africa using Mauritius as gateway
Dissertation (MCom)--University of Pretoria, 2012.
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| Format: | Thesis |
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University of Pretoria
2013
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| _version_ | 1867613557822062592 |
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| access_status_str | Open Access |
| author2 | Du Preez, Hanneke |
| author_browse | Du Preez, Hanneke |
| author_facet | Du Preez, Hanneke |
| collection | Thesis |
| dc_rights_str_mv | © 2012 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria |
| description | Dissertation (MCom)--University of Pretoria, 2012. |
| format | Thesis |
| id | oai:repository.up.ac.za:2263/26403 |
| institution | University of Pretoria (South Africa) |
| last_indexed | 2026-06-10T12:38:02.940Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository |
| publishDate | 2013 |
| publishDateRange | 2013 |
| publishDateSort | 2013 |
| publisher | University of Pretoria |
| publisherStr | University of Pretoria |
| record_format | dspace |
| source_str | UPSpace — University of Pretoria Institutional Repository |
| spelling | oai:repository.up.ac.za:2263/26403 Minimising taxes for South African companies investing into Africa using Mauritius as gateway Du Preez, Hanneke sjboshoff@gmail.com Boshoff, Septimus Jakobus Offshore trust Offshore company South african resident companies Mauritius Tax-efficient investing UCTD Dissertation (MCom)--University of Pretoria, 2012. Investors constantly seek to secure business ventures and structures that will provide them with the most tax-efficient consequences by utilising loopholes in tax legislation and exploiting them within the legal requirements. With the recent growing interest in the undeveloped markets in Africa, many South African companies aim to invest into Africa in a tax-efficient manner. Mauritius, being a low tax jurisdiction and having a favourable tax treaty network with a large number of African countries, is an attractive choice for South African companies wishing to set up a platform for investing into Africa. The aim of this study was to address the shortcomings of efficient tax planning and the approach to invest into Africa using Mauritius as gateway for South African resident companies. The study focused on the tax implications of an offshore trust and offshore company incorporated in Mauritius for tax-efficient investing in order to minimise taxes. Therefore this study did not focus on using Mauritius for tax evasion purposes and a qualitative approach was applied, using a hypothetical case study to determine the most tax-efficient organisational structure for minimising taxes. The findings of the study revealed that, on a balance of case law and tax legislation, a tax-minimising organisational structure is largely influenced by its residency status and South Africa‟s control foreign company (CFC) legislation. Residency for an offshore trust and offshore company will be at the place where it is effectively managed. The findings revealed that the tax consequences are similar for an offshore trust and offshore company in Mauritius legislation. However, the hypothetical case study revealed that the impact of the CFC legislation can have negative consequences for a structure where only an offshore company is used, and therefore the ideal tax-minimising structure will be where a South African company uses a combination of an offshore trust and offshore company in Mauritius in order to avoid the possibility of CFC legislation having an impact on such a structure. Taxation unrestricted 2013-09-07T05:06:16Z 2013-07-30 2013-09-07T05:06:16Z 2013-04-18 2012 2013-07-18 Dissertation Boshoff, SJ 2012, Minimising taxes for South African companies investing into Africa using Mauritius as gateway, MCom dissertation, University of Pretoria, Pretoria, viewed yymmdd < http://hdl.handle.net/2263/26403 > F13/4/559/gm http://hdl.handle.net/2263/26403 http://upetd.up.ac.za/thesis/available/etd-07182013-120044/ © 2012 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria application/pdf University of Pretoria |
| spellingShingle | Offshore trust Offshore company South african resident companies Mauritius Tax-efficient investing UCTD Minimising taxes for South African companies investing into Africa using Mauritius as gateway |
| title | Minimising taxes for South African companies investing into Africa using Mauritius as gateway |
| title_full | Minimising taxes for South African companies investing into Africa using Mauritius as gateway |
| title_fullStr | Minimising taxes for South African companies investing into Africa using Mauritius as gateway |
| title_full_unstemmed | Minimising taxes for South African companies investing into Africa using Mauritius as gateway |
| title_short | Minimising taxes for South African companies investing into Africa using Mauritius as gateway |
| title_sort | minimising taxes for south african companies investing into africa using mauritius as gateway |
| topic | Offshore trust Offshore company South african resident companies Mauritius Tax-efficient investing UCTD |
| url | http://hdl.handle.net/2263/26403 http://upetd.up.ac.za/thesis/available/etd-07182013-120044/ |