Mauritius has exempted event planners from across the world from paying 15 pc Value a Added Tax to tap into the potential meetings, conferences, incentives and exhibitions (MICE) market.

In an attempt to tap into the lucrative MICE market, Mauritius is now an even more attractive destination for event planners from India to host their business meetings, conferences or weddings. 

According to Mauritius Tourism Promotion Authority (MTPA), Mauritius has exempted event planners from across the world from paying 15 pc Value Added Tax (VAT) on their hotel room charges through their stay in the country for any of these events.

The statement adds that Finance (Miscellaneous Provisions) Act 2023 has introduced the MICE VAT Exemption Scheme, which replaces the MICE VAT Refund Scheme. 

Under the new scheme, an event organisers (local or foreign) may apply with the Economic Development Board (EDB) for exemption of VAT in respect of accommodation costs incurred during an event held in Mauritius subject to these terms and conditions that the event (business meeting, conference, or wedding) should be attended by 50 or more visitors from abroad and visitors stay for a minimum of 3 nights in a hotel in Mauritius.

“With the implementation of this scheme, we hope Mauritius becomes the preferred destination for event planners across India to celebrate both their professional and personal milestones against the stunning Mauritian backdrop!” says Arvind Bundhun, Director, MTPA.

The statement adds that event organisers are required to register the specific event at least four weeks before the date of the event. Post registration, they should submit the application for VAT exemption to the Economic Development Board at least two weeks before the event date on the EDB website.