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Investor Presentaiton

PROFESSIONAL • • • · . A Professional, as defined under the Immigration Act, is an expatriate employed in Mauritius by virtue of a contract of employment. A Professional should earn a monthly basic salary of at least MUR 60,000. For Professionals in the sector of information and communication technologies (ICT), business process outsourcing (BPO), pharmaceutical manufacturing and food processing, the monthly basic salary should be at least MUR 30,000. • Professionals may also apply for a Short-term Occupation Permit for a period not exceeding 9 months. The OP may be extended only once for a period not exceeding 3 months. Right to Invest by Professional A holder of an Occupation Permit as Professional may invest in any business provided that: . he/she is not employed in the business . he/she does not manage the business Notwithstanding the above, a Professional may hold shares in a business where he is employed provided that the Occupation Permit holder is not a majority shareholder. Note: • . • An application for a Professional should be submitted by the Employer (either Director or HR representative) on behalf of the Professional. The contract of employment, duly signed by both parties, should clearly mention the following: applicant's full name as per the birth certificate, company's name, Job Title, Duration of the contract of employment and Monthly basic salary. The Employer is also required to sign the Undertaking form as per section 5 of the Occupation Permit application form. The Professional should be accompanied by the Employer (either Director or HR representative) on the appointment date • he/she does not derive any salary or employment benefits from the business. SAB&T International Financial Consulting Ltd 8
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