RESOURCES

FAQ
  • What are the fees applicable for a lease request?

    Each lease request attracts fees, some of which are charged by the lessor and others are imposed by regulatory bodies (Registrar General, NTA, …) A Facility Fee of 1% is charged by the lessor for each lease request and a registration fee + stamp duty is charged by the Registrar General for the registration of the lease contract.

  • What is the maximum period for a lease?

    For new vehicles:

    • 5 years with a minimum deposit equivalent to the VAT amount
    • 7 years with a minimum deposit of VAT + a minimum deposit of 10% of the value of the vehicle

    For second hand/reconditioned vehicles:

    • 4 years for vehicles registered since 5 years
    • 5 years for vehicles registered since 4 years
  • What is the minimum deposit required for a leasing facility?

    For new vehicles:

    • Minimum deposit equivalent to the VAT amount

    For Second hand/reconditioned vehicles:

    • Minimum deposit of VAT + a minimum deposit of 10% of the value of the vehicle
  • How should I insure the leased asset?

    It is compulsory that each leased asset is insured under a full comprehensive cover for its full value during the whole lease period. Depending on the type of asset leased, a specific insurance cover may be requested.

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USEFUL LINKS

The following links may be helpful if you would like to better understand the current Mauritian regulatory, monetary and leasing environment.

Useful links
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