Linklaters in line for India tax bill after court ruling

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  • In such case, its best to set up a law firm in a country that has an excellent double tax agreement with India.

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  • The best country so far is Mauritius which is well-placed to accomodated UK law firms , being a common law jurisdiction whilst also having a nice DTA with India, given its strong historical links and trade prospects. Eversheds, Denton Wilde Sapte, Appleby, ...but where are the "Magic Circle" ..Surprisingly, there are none....it's time to delve into this!

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  • Mauritius has its own niche market. Mauritius is not that desperate for magic circle to open up, thats why tthey didnt do any marketing in London. There are only two offshore law firm In Mauriitus: Conyers and Appleby. These two firms have set up probably because of some kind of special bonding relationship in between them. Denton and Eversheds do not have a base in Mauritius but rather a tie up with local law firm.

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