The ISO code of Mayotte is YT according to the ISO 3166 standard. The local name of the country is the same as its English name. Mayotte capital city is Mamoudzou. People in Mayotte speak the French language. In the year 1500, Mayotte emerged as a sovereign political entity.
Mayotte is located in the UTC +03:00 time zone, which is also called Eastern Africa Time or EAT. The internet country code top-level domain (ccTLD) for Mayotte is .yt. The International dialing code for Mayotte is 262. People in Mayotte drive on the right side of the road. Mayotte is not a landlocked country. It means that is is bordered by at least one major body of water.
Mayotte is located in Africa. Mayotte is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life.
Doing business in Mayotte
We offer various corporate services in Mayotte jurisdiction. These services can serve both, people coming from Mayotte and foreigners. If you plan on doing business in Mayotte you might be interested in contacting us.
To find out about starting your business in Mayotte click on company formation in Mayotte.
To find out how to open a bank account in Mayotte and moreover what type of account Confidus Solutions suggests to create, please click on bank account in Mayotte.
Choose preferred service below or continue reading to find out more about Mayotte.
Demographics of Mayotte
The total population of Mayotte is 259,682 people. In Mayotte, the population density is 568 people per square kilometer (1,478 per square mile). Because of this statistic, this country is considered to be very densely. The ethnic diversity is almost uniform according to a fractionalization scale which for Mayotte is 0. Mayotte has approximately 73107 foreign immigrants. The median age is approximately 17.3 years. In Mayotte, 47.33 in every 100 people use internet.
The majority religion of Mayotte is Islam, Mayotte is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Click on a link to read more on demographics of Mayotte.
Culture of Mayotte
People in Mayotte speak the French language. The first McDonalds in Mayotte was opened on 1 May 2003, and it was located in Mamoudzou. One of the most popular national dishes of Mayotte is brochette. To read more click on culture of Mayotte.
Geography of Mayotte
Mayotte is located in Africa. Its capital city is Mamoudzou. Mayotte has no land borders.
The highest point of Mayotte is Benara, with its official height being 660 m (2,165 ft). The most notable natural resources found in Mayotte are petroleum, silver, copper, gold, lead, zinc, natural gas, timber.To read more click on geography of Mayotte.
Economy of Mayotte
The currency of the country is euro. The symbol used for this currency is €, and it is abbreviated as EUR. 25.9% of population in the country are unemployed. The total number of unemployed people in Mayotte is 67,258. The Gini Index of the country is 49. Mayotte is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Major industries in the country are ylang-ylang (perfume essence), vanilla, copra, coconuts, coffee, cinnamon.
Personal income tax ranges from 0% to 33%, depending on your specific situation and income level. VAT in Mayotte is 0%. To read more click on economy of Mayotte.
Infrastructure of Mayotte
There are 16,233,000 internet hosts in Mayotte. Mayotte has 1 airports nationwide.
The number of road motor vehicles per 1000 inhabitants in Mayotte is 37. To read more click on infrastructure of Mayotte.
Politics of Mayotte
Mayotte, is a general council. The head of the government is Emmanuel Macron.
In Mayotte, the legislative power is vested in a General Council. To read more click on politics of Mayotte.
Environment of Mayotte
The number of road motor vehicles per 1000 inhabitants in Mayotte is 37. To read more click on environment of Mayotte.
Company formation in Mayotte
The development of telecommunications and economic globalization has made it possible for interested investors to form companies around the world. With proper research, financial investments, and legal backing, business ventures can safely be established in Mayotte.
When establishing a company in Mayotte, an interested investor must do due diligence with regard to legal processes, international regulations, and sufficient investment for success. It is critical to understand cultural, social, and political factors of Mayotte that will affect the establishment and growth of one's business. Contact us or click on company formation in Mayotte to read additional information when setting up a business.
Bank account opening in Mayotte
With the right paperwork and initial outlay, it is possible for a foreign citizen to open a bank account in Mayotte. This opportunity for international accounts and investments offers several advantages based on economic regulations and tax structures. Interest rates and fees vary depending on your interests.
When considering opening a bank account in Mayotte, one must enlist the help of international experts to guide them through the process. To find out more about our banking services click on bank account in Mayotte or contact us.