Mar 09, 2024

Tax rates

Tax rates change with time. Sometimes, we are given the impression that the new rates will bring substantial savings for taxpayers. But is it really so?
Feb 02, 2020

Financial Reporting Council (FRC) Mauritius

The Financial Reporting Council (FRC), a body corporate set up under the Financial Reporting Act 2004.
Feb 06, 2019

NYPA LLP

NYPA LLP is the first Limited Liability Partnership to be established in the Republic of Mauritius. It was registered in March 2017.

How to Grow Your Small Business

Understand Your Customers

You can only develop products and services that will be a huge hit if you are attentive to the needs of your customers and prospects. One way to understand exactly what your customers want is through research and surveys.

You should be constantly inviting them to provide honest, even brutal feedback. Reviews and surveys are the best ways to get inside the mind of your customers. This makes it easier for you to develop products and services that are suitable to the current demands of the market. Moreover, it helps you understand the areas in which your company needs to improve.

Improve Customer Service

If you don’t provide quality customer service, it will be difficult to satisfy your customers even if you have a superior product or service. This aspect of the business is about taking the extra step to make them feel special.

Establish Loyalty

It takes time to encourage customers to come and buy what you have to offer. But it’s not enough to just get them to buy. You need to encourage loyalty. Considering that there are other competitors who could offer them better, you want them to remain loyal to you. Don’t feel complacent just because you already have a lot of loyal customers. They can be easily attracted to other options and they might leave you.

Provide loyalty rewards. If there are discounts and promotions, let these most loyal customers be the first ones to know. You must sure your customers know they are appreciated.

Value Added Tax

Taxable supplies — 15%

The standard rate of VAT in Mauritius is 15%. The rate applies to all standard rated supplies of goods and services.

A taxable supply includes a supply which is zero-rated, but it does not include an exempt supply.

Zero-rated supplies — 0%

Support tailored to your needs

We have one objective, to provide ideal solutions tailored to your needs. We want to help you and we are constantly looking for opportunities for your business. We deliver in-depth advice and comprehensive assistance, starting with the selection of the right ownership structure and forms of running the business, effective financing, safe investment and optimal exit strategy, as well as the best way of distributing profits.

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Team Building

Teams provide answers; teams provide the cheapest solutions available to the entrepreneur. When people with myriad competencies come together to attain one single objective, the results have to be spectacular.

The cohesion and the delivery of the results in the team solely depend upon two things: Whether the task assigned to each team member is in correlation with his or her core competency. If the leader proves to be an incompetent one, teams with high capability content often fail whereas mediocre teams with a strong competent leader creates history.

Harnessing talent: The secret is to harness the talent at hand so that every member feels responsible and accountable to achieve that one singular goal for which the team had set out for.

Identify your evangelists: There are people who love their work. They are enthusiastic and passionate about their work. They are involved in their profiles and deeply engage with their work. Work, for them, is not just a job, but the source of excitement. Identify these people in your firm. Thank them, reward them and provide them with a platform to share their passion and zeal. These evangelists are the key influencers and change catalysts in the firm. 

Team feedback works wonders:  Classify the most gifted human resource of your organization and get them to write down what they feel of their workplace. It could be honesty, conviction, or even something unenthusiastic which you may not like to hear. But hearing it patiently and analyzing it suitably can be a very enlightening and insightful experience for you as a leader and is the fastest and simplest way to understand what people think and feel about your business, brand, and culture.

 

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Our Team