Duty and Taxes

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1. Duty and taxes on acquisition of land for PDS project
Land Transfer Tax for Property (payable by the seller of the land on the value of the property)

  • Rate : 5% of the value of the property
  • Registration duty (payable by the company intending to do the PDS project on the value of the property)
  • Rate: 5% of the value of the property

2. Duty and taxes on acquisition of residential property by purchaser from a PDS Company (payable by the PDS Company at the time of registration)

  • Rate: 5% of the value of the property
  • Registration Duty (payable by the purchaser at the time of registration)
  • Rate : 5% of the value of the property

Note: A developer of an PDS project can pay the land transfer tax on the transfer of a residential property under Vente en l’Etat Futur d’Achèvement (VEFA) in 4 equal 6-monthly instalments provided that they submit, at the time of registration of the deed of transfer, a bank guarantee equivalent to the remaining balance of the land transfer tax leviable.

3. Duty and taxes on acquisition of residential property by purchaser from a person holder of a residential property , i.e resale of residential property
Land Transfer Tax (payable by the seller of residential property)
Rate : 5% of the value of the property
Registration Duty (payable by the purchaser)
Rate : 5% of the value of the property

  1. The PDS Concept
  2. Administrative and legal procedures for the acquisition of a PDS unit
  3. Basis of Sale of a PDS unit
  4. Eligibility for acquisition of residential property
  5. Duty and Taxes
  6. Residence Permit in Mauritius
  7. PDS Unit Rental

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