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Mauritania
1 Employee
THIRD-PARTY REVENUES
$0
RELATED-PARTY REVENUES
$0
TOTAL REVENUES
$0
PROFIT BEFORE TAX
$(45,562,009)
TAX PAID
$0
TAX ACCRUED
$0
TANGIBLE ASSETS
$75,000,000
STATED CAPITAL
$0
ACCUMULATED EARNINGS
$0
Main Business Activities
- Upstream and Integrated Gas
Shell’s Footprint
Shell established a presence in Mauritania in January 2019 through Shell Exploration and Production Mauritania (C10) B.V. and Shell Exploration and Production Mauritania (C19) B.V. with registered branches in Mauritania.
Shell has a 90% interest in two offshore blocks. A seismic study commenced in 2019.
Country Financial Analysis
The standard corporate income tax rate in Mauritania is 25%, while the applicable tax rate for the branch activities is 27%.
Both branches have incurred losses since inception and therefore do not yet pay corporate income tax.
Branch
A branch is an office or business presence in a location other than where the corporate entity is established.
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