A company that subscribed to the capital of a tax incentive company on the Stock Exchange is allowed a tax credit (by way of deduction from its ome tax payable) equal to 10% of the amount actually paid in cash. The credit is spread equally over two income years, but may not exceed Rs. 300,000 it any one income year. A Modernisation & Expansion Enterprise incurring capital expenditure of at least Rs 10 million is also allowed a tax credit of 10% of the capital expenditure incurred. Companies engaged in the export of goods manufactured in Mauritius or in the provision of services to non-residents allowed tax credits as may be prescribed.