Mauritania
1 Employee
-
Third-party revenues
$0
-
Related-party revenues
$739,602
-
Total revenues
$739,602
-
Profit before tax
$(13,067,995)
-
Tax paid
$0
-
Tax accrued
$0
-
Tangible assets
$45,000,000
-
Stated capital
$0
-
Accumulated earnings
$0
Main business activities
- Upstream
- Integrated Gas
Shell’s footprint
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. C19 was in the deregistration process in 2021. Shell has a 90% interest in two offshore blocks.
Country financial analysis
The statutory corporate income tax rate in Mauritania is 25%, while the applicable tax rate for the branch activities is 27%. The loss figure in the table mainly decreased because of the completion of the C19 exploration activities. Both branches have incurred losses since inception and therefore do not yet pay corporate income tax.
