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Home Experts Mohammad Akshar Maherally

Mohammad Akshar Maherally

Managing Director


Akshar is the Managing Director of WTS Tax Consulting (Mauritius) Ltd, the exclusive member within WTS Global for Mauritius. Prior to joining WTS Mauritius, Akshar has acquired some twenty years of experience at one of the leading Fund and Corporate Service Providers in Mauritius.

Akshar demonstrates an in‐depth understanding of the structures and operations governing investment funds, corporate / institutional vehicles as well as private client arrangements such as trusts and foundations.

He speaks at various international conferences, workshops and seminars on corporate structuring and tax planning from a Mauritius domiciliation perspective. He has also written a number of published articles on the subject. He is a Board member and the Chairperson of the Taxation Committee of Mauritius Finance, the sole financial services industry body, and is also actively involved at national level to contribute on issues affecting the jurisdiction.
 

Service(s)
Transfer Pricing & Valuation Indirect Tax | VAT
Areas of Expertise
International Tax Planning
Corporate Structuring
In-depth understanding of fund structures, corporate / multinationals vehicles and private client arrangements
Education
First Class BSc (Hons) Economics
Master of Business Administration (Specialisation in Finance)
Fellow of the Association of Chartered Certified Accountants (UK)
Associate of the Institute of Chartered Accountants in England and Wales (ICAEW)
Languages
English, French
Professional Experience
25 years experience in the Global Business Industry and Taxation
Past Director (Taxation & Client Services) at IFS / Sanne (Now Apex) – 20 years experience at the Apex Global Business Sector
Previous Member of Financial Services Commission‘s Task Force on Cross Border Investments, Global Business and Taxation
Contributor at Joint Government-Private Sector Technical Working Group on Tax and Global Business
Board Member of Mauritius Finance, sole industry representative body for the Financial Services Sector in Mauritius
Chairperson of Tax Committee of Mauritius Finance
WTS Tax Consulting (Mauritius) Ltd
Mohammad Akshar Maherally
Managing Director
WTS Global Transfer Pricing Africa Sub-Regional Leader
Mauritius
5th Floor, Tower B, 1 CyberCity
72201 Ebène
+230 489 99 00
Authoring and contributions by Mohammad Akshar Maherally

In the recent case, the Supreme Court of Mauritius ruled in favor of Alteo Energy Ltd, overturning the ARC's decision on tax exemption for interest income, emphasizing strict interpretation of tax laws. 

Mauritius: Clarifying Partial Exemption on Interest - Supreme Court of Mauritius Rules in Favor of Alteo Energy Ltd
Read more

In Mauritius, Limited Partnerships are tax-transparent, with partners taxed on their income share. New laws introduce a 2% Corporate Climate Responsibility Levy on chargeable income, with certain exemptions.

Mauritius: Structuring of Investment Funds in Mauritius: Taxation of Limited Partnerships
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The Finance Act 2024, published on 27 July 2024, has introduced the imposition of the CCR Levy, which is intended to support national efforts aimed at protecting, managing, investing in, and restoring Mauritius’ natural ecosystem, as well as addressing the impacts of climate change.

Mauritius: Corporate Climate Responsibility Levy (CCR Levy)
Read more

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