Mauritania
Employees
1
-
Third-party revenues
$0
-
Related-party revenues
$0
-
Total revenues
$0
-
Profit before tax
$(15,560,291)
-
Corporate income tax paid
$0
-
Corporate income tax accrued
$0
-
Stated capital
$0
-
Accumulated earnings
$0
-
Tangible assets
$45,353,281
-
Other payments to governments
–
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. C10 has a 60% interest in offshore exploration Block C10 and a 90% interest in offshore exploration Block C2. C19 was deregistered in 2022.
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 pay corporate income tax.
