Mauritius is ranked as the happiest country in Africa, at number 57 of the 156 countries that were evaluated.
Ranked number one in Africa in leading global indices, Mauritius is widely recognised as one of the best-administered economies on the continent and an ideal environment in which to live, conduct business and invest. This is partly due to low levels of taxation, such as a corporate tax rate of 15%, no inheritance tax and no capital gains tax. Double taxation agreements have been concluded with 44 countries including the UK, France, SA, India and China.
In addition, the 7th World Happiness Report, launched in 2012 in support of a United Nations high-level meeting on “Wellbeing and Happiness: Defining a New Economic Paradigm”, this year focuses on “happiness and community: how happiness has been changing over the past dozen years, and how information technology, governance and social norms influence communities”.
Source: Business Live