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SMEs
: small and medium enterprises |
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What is an SME ? |
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SMEs are defined as manufacturing enterprises which use
Production Equipment with an aggregate CIF value not exceeding
ten million rupees (Rs 10 million).
Manufacturing means the transformation, conversion
of raw materials, repair, packing and assembly of semi-finished
parts into finished goods.
Production Equipment means machinery and equipment
used in the process of manufacturing. |
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Why register ? |
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SMEs registering with SMIDO will be entitled to the following
benefits :
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Duty exemption on production
equipment |
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Reduced corporate tax
at 15 % |
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Preferential rates of
interest on borrowings from the Development Bank
of Mauritius Limited for purchases of production
equipment and for working capital |
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Freight rebate of 50%
for enterprises registered in Rodrigues |
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Technical backup and other
support services provided by SMIDO |
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Duty exemption
on raw materials as per scheduled list |
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How do I register ? |
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Registration is FREE of charge.
Application forms are available at the Business Counseling
Centre of SMIDO or can be downloaded ( SME
Registration Form ).
Completed application forms along with relevant documents
(listed below) should be filed with the Director of SMIDO.
Upon approval, a Certificate of Registration is issued
by the Ministry of Industry and International Trade. |
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Documents to be submitted
with application form |
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Development Permit from
District Council or Municipality of locality or
a letter acknowledging receipt of application for
a Development Permit |
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Proforma Invoice of proposed
equipment |
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Location plan of enterprise |
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Photocopy of Identity
Card of applicant |
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Receipt of existing equipment |
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Memorandum and Articles
of Association in case of a company |
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Bakery permit in case
of a bakery |
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