doing retail business in Mauritus

Puspha New member

9POSTS

16 years ago

Hi.. i'm Puspha from Singapore. i'm very interested in opening a retail shop in Mauritus. Renting out gowns and prom dresses as well as makeover for photoshoots. do u think its a gd idea opening one there. what are the steps needed to be taken.

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FeeAcer ViP

6172POSTS

16 years ago

Hi Pushpa,

I would suggest you visit the website of the where you can find all useful information about investing or starting up a business in Mauritius or you can write directly to this lady at the BOI who is very helpful.

Wishing you success with your project
Arlette

Puspha New member

9POSTS

16 years ago

hi.. thank u very much for ur info

Vayid ViP

544POSTS

16 years ago

Dear Puspha

The idea sounds great. However, I fear that you won聮t qualify as an investor in Mauritius as per the criteria of the Board of Investment.

Indeed, your business should generate a turnover of at least US$ 600,000/- annually.

Unless, I am highly mistaken, it is quite unlikely that the business envisaged could generate so much income.

Still, you could think about some other, more lucrative activities if you so wish!

Cheers;)

Vayid

Britintheocean Member

3POSTS

16 years ago

Vayid - you are either misinformed, or just trying to scare Pushpa away!!

Required turnover is Rs600,000 NOT US$!!

Below text from the BOI website:
Self-employed聽聽聽 Income from the business activity should exceed MRU 600,000 annually with an initial investment of USD 35,000 or its equivalent in freely convertible foreign currency.

Vayid ViP

544POSTS

16 years ago

Britintheocean & Puspha

My sincere apologies for this oversight.

Be assured that I am not trying to scare anyone away, especially from Mauritius.

Indeed, the figure is Rs 600,000, and NOT US$ 600,000/-

Cheers

Vayid 聳 vayidm2000@yahoo.com

aussiedodo Member

20POSTS

16 years ago

I love the idea! We looked high and low for suitable prom dresses recently.

Puspha New member

9POSTS

16 years ago

thanks for ur response.. if u'll think its a great idea to rent out prom dresses there, i would start doing planing.. but i'm wondering where m i gona display the dresses or establish myself there.. any ideas?

Puspha New member

9POSTS

16 years ago

i can show u'll some of the prom dresses i have.. juz email me at puspha_2403@yahoo.com.sg or can add me in msn at puspha_2403@hotmail.com

richdaddy Active member

44POSTS

16 years ago

#10

Hi Pushpa, before you start setting up may be you should come over to Mauritius and check the market first.

[moderated: no free ads]

Let me know when you come to Mauritius.

cheers
Richard