{"id":592,"date":"2022-11-21T05:57:45","date_gmt":"2022-11-21T05:57:45","guid":{"rendered":"https:\/\/jtmediahub.com\/news\/?p=592"},"modified":"2022-11-21T06:08:42","modified_gmt":"2022-11-21T06:08:42","slug":"mauritius-aims-to-position-itself-as-a-medical-and-pharmaceutical-hub","status":"publish","type":"post","link":"https:\/\/jtmediahub.com\/news\/2022\/11\/21\/mauritius-aims-to-position-itself-as-a-medical-and-pharmaceutical-hub\/","title":{"rendered":"Mauritius aims to position itself as a Medical and Pharmaceutical hub"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"592\" class=\"elementor elementor-592\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-33c5b4b8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"33c5b4b8\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-619da844\" data-id=\"619da844\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6727f9de elementor-widget elementor-widget-image\" data-id=\"6727f9de\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.10.1 - 17-01-2023 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"240\" src=\"https:\/\/jtmediahub.com\/news\/wp-content\/uploads\/sites\/2\/2022\/11\/Med-L-1024x240.jpg\" class=\"attachment-large size-large wp-image-597\" alt=\"\" srcset=\"https:\/\/jtmediahub.com\/news\/wp-content\/uploads\/sites\/2\/2022\/11\/Med-L-1024x240.jpg 1024w, https:\/\/jtmediahub.com\/news\/wp-content\/uploads\/sites\/2\/2022\/11\/Med-L-300x70.jpg 300w, https:\/\/jtmediahub.com\/news\/wp-content\/uploads\/sites\/2\/2022\/11\/Med-L-768x180.jpg 768w, https:\/\/jtmediahub.com\/news\/wp-content\/uploads\/sites\/2\/2022\/11\/Med-L-1536x360.jpg 1536w, https:\/\/jtmediahub.com\/news\/wp-content\/uploads\/sites\/2\/2022\/11\/Med-L.jpg 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-157cb6b elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"157cb6b\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-294c0eb3\" data-id=\"294c0eb3\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7cc06cb7 elementor-view-framed elementor-shape-square elementor-widget elementor-widget-icon\" data-id=\"7cc06cb7\" data-element_type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"far fa-newspaper\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6b1cf502 elementor-widget elementor-widget-heading\" data-id=\"6b1cf502\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.10.1 - 17-01-2023 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">Mauritius aims to position itself as a Medical and Pharmaceutical hub<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3a44c66b elementor-widget elementor-widget-text-editor\" data-id=\"3a44c66b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.10.1 - 17-01-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#818a91;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#818a91;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p style=\"text-align: left;\">The Republic of Mauritius is gearing towards positioning itself as a Medical and Pharmaceutical hub. The development of the pharmaceutical industry in Mauritius is a key component of the government\u2019s economic diversification strategy.<\/p><p>In this respect, the Government of Mauritius has put in place incentives applicable to companies engaged in pharmaceutical, medical devices, cosmeceutical\/dermatological products and Research &amp; Development\/Research Laboratories as follows: &#8211;<\/p><table style=\"height: 492px;\" width=\"908\"><tbody><tr><td width=\"3%\">\u00a0<\/td><td width=\"17%\"><p><strong>Activity<\/strong><\/p><\/td><td width=\"61%\"><p><strong>Major Incentives<\/strong><\/p><\/td><\/tr><tr><td width=\"3%\"><p>1<\/p><\/td><td width=\"17%\"><p>Pharmaceutical products<\/p><\/td><td width=\"61%\"><p>8-year corporate tax holiday &#8211; after period: 3% corporate tax in profits derived from exports of goods<\/p><\/td><\/tr><tr><td width=\"3%\"><p>2<\/p><\/td><td width=\"17%\"><p>Medical Devices, Instruments and products<\/p><\/td><td width=\"61%\"><p>No registration duty or land transfer<\/p><\/td><\/tr><tr><td width=\"3%\"><p>3<\/p><\/td><td width=\"17%\"><p>Cosmeceutical products<\/p><\/td><td width=\"61%\"><p>No import duties on equipment &amp; raw materials<\/p><\/td><\/tr><tr><td width=\"3%\"><p>4<\/p><\/td><td width=\"17%\"><p>Dermatological products<\/p><\/td><td width=\"61%\"><p>No export duties in Mauritius<\/p><\/td><\/tr><tr><td width=\"3%\"><p>5<\/p><\/td><td width=\"17%\"><p>R\u00a0&amp;\u00a0D\u00a0<br \/>Laboratories<\/p><\/td><td width=\"61%\"><p>&#8211; VAT exemption on construction of medical R&amp;D centers<br \/>&#8211; VAT exemption on plants and equipment<br \/>&#8211; Accelerated depreciation of 50% in respect of capital expenditure incurred on R&amp;D, that is the investment cost is fully amortised in 2 years<\/p><\/td><\/tr><\/tbody><\/table><p>For more information, we invite you to contact our Business Development Team by email at <a href=\"mailto:bd@juristax.com\">bd@juristax.com<\/a> or call them on + 230 465 55 26.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2f579792 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"2f579792\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.10.1 - 17-01-2023 *\/\n.elementor-widget-divider{--divider-border-style:none;--divider-border-width:1px;--divider-color:#2c2c2c;--divider-icon-size:20px;--divider-element-spacing:10px;--divider-pattern-height:24px;--divider-pattern-size:20px;--divider-pattern-url:none;--divider-pattern-repeat:repeat-x}.elementor-widget-divider .elementor-divider{display:flex}.elementor-widget-divider .elementor-divider__text{font-size:15px;line-height:1;max-width:95%}.elementor-widget-divider .elementor-divider__element{margin:0 var(--divider-element-spacing);flex-shrink:0}.elementor-widget-divider .elementor-icon{font-size:var(--divider-icon-size)}.elementor-widget-divider .elementor-divider-separator{display:flex;margin:0;direction:ltr}.elementor-widget-divider--view-line_icon .elementor-divider-separator,.elementor-widget-divider--view-line_text .elementor-divider-separator{align-items:center}.elementor-widget-divider--view-line_icon .elementor-divider-separator:after,.elementor-widget-divider--view-line_icon .elementor-divider-separator:before,.elementor-widget-divider--view-line_text .elementor-divider-separator:after,.elementor-widget-divider--view-line_text .elementor-divider-separator:before{display:block;content:\"\";border-bottom:0;flex-grow:1;border-top:var(--divider-border-width) var(--divider-border-style) var(--divider-color)}.elementor-widget-divider--element-align-left .elementor-divider .elementor-divider-separator>.elementor-divider__svg:first-of-type{flex-grow:0;flex-shrink:100}.elementor-widget-divider--element-align-left .elementor-divider-separator:before{content:none}.elementor-widget-divider--element-align-left .elementor-divider__element{margin-left:0}.elementor-widget-divider--element-align-right .elementor-divider .elementor-divider-separator>.elementor-divider__svg:last-of-type{flex-grow:0;flex-shrink:100}.elementor-widget-divider--element-align-right .elementor-divider-separator:after{content:none}.elementor-widget-divider--element-align-right .elementor-divider__element{margin-right:0}.elementor-widget-divider:not(.elementor-widget-divider--view-line_text):not(.elementor-widget-divider--view-line_icon) .elementor-divider-separator{border-top:var(--divider-border-width) var(--divider-border-style) var(--divider-color)}.elementor-widget-divider--separator-type-pattern{--divider-border-style:none}.elementor-widget-divider--separator-type-pattern.elementor-widget-divider--view-line .elementor-divider-separator,.elementor-widget-divider--separator-type-pattern:not(.elementor-widget-divider--view-line) .elementor-divider-separator:after,.elementor-widget-divider--separator-type-pattern:not(.elementor-widget-divider--view-line) .elementor-divider-separator:before,.elementor-widget-divider--separator-type-pattern:not([class*=elementor-widget-divider--view]) .elementor-divider-separator{width:100%;min-height:var(--divider-pattern-height);-webkit-mask-size:var(--divider-pattern-size) 100%;mask-size:var(--divider-pattern-size) 100%;-webkit-mask-repeat:var(--divider-pattern-repeat);mask-repeat:var(--divider-pattern-repeat);background-color:var(--divider-color);-webkit-mask-image:var(--divider-pattern-url);mask-image:var(--divider-pattern-url)}.elementor-widget-divider--no-spacing{--divider-pattern-size:auto}.elementor-widget-divider--bg-round{--divider-pattern-repeat:round}.rtl .elementor-widget-divider .elementor-divider__text{direction:rtl}.e-con-inner>.elementor-widget-divider,.e-con>.elementor-widget-divider{width:var(--container-widget-width);--flex-grow:var(--container-widget-flex-grow)}<\/style>\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Mauritius aims to position itself as a Medical and Pharmaceutical hub The Republic of Mauritius is gearing towards positioning itself as a Medical and Pharmaceutical hub. The development of the pharmaceutical industry in Mauritius is a key component of the government\u2019s economic diversification strategy. In this respect, the Government of Mauritius has put in place &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/jtmediahub.com\/news\/2022\/11\/21\/mauritius-aims-to-position-itself-as-a-medical-and-pharmaceutical-hub\/\"> <span class=\"screen-reader-text\">Mauritius aims to position itself as a Medical and Pharmaceutical hub<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-592","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/jtmediahub.com\/news\/wp-json\/wp\/v2\/posts\/592","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jtmediahub.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jtmediahub.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jtmediahub.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jtmediahub.com\/news\/wp-json\/wp\/v2\/comments?post=592"}],"version-history":[{"count":5,"href":"https:\/\/jtmediahub.com\/news\/wp-json\/wp\/v2\/posts\/592\/revisions"}],"predecessor-version":[{"id":600,"href":"https:\/\/jtmediahub.com\/news\/wp-json\/wp\/v2\/posts\/592\/revisions\/600"}],"wp:attachment":[{"href":"https:\/\/jtmediahub.com\/news\/wp-json\/wp\/v2\/media?parent=592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jtmediahub.com\/news\/wp-json\/wp\/v2\/categories?post=592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jtmediahub.com\/news\/wp-json\/wp\/v2\/tags?post=592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}