Mauritania
1 Employee
-
Third-party revenues
$0
-
Related-party revenues
$765,573
-
Total revenues
$765,573
-
Profit before tax
$(56,051,909)
-
Tax paid
$0
-
Tax accrued
$0
-
Tangible assets
$45,000,000
-
Stated capital
$0
-
Accumulated earnings
$0
Main Business Activities
- Upstream and Integrated Gas
Shell established a presence in Mauritania in 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 statutory 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.
