GLOBAL BUSINESS VEHICLES

The corporate vehicles available to carry global business activities from within Mauritius are companies holding a Category 1 Global Business Licence (GBC1) , companies holding a Category 2 Global Business Licence(GBC2). Other entities available are trust and société. Manu RajHas…

Protected Cell Company (PCC)

A GBC 1 company incorporation in Mauritius may be structured as a PCC. The PCC is a special legal structure made up of cellular and non-cellular assets. It provides legal segregation of assets attributable to each cell of the company…

Management of a PCC

A PCC is managed by its Directors. However, the management may be transferred or shared through a management contract with an Investment Manager in the case of investment funds. Manu RajHas a positive attitude towards the job, is friendly and…

Capital Requirement

– No minimum capital requirement is imposed for the PCC and for each cell within the PCC. – However, on a case to case basis and depending on the nature of the business, the Commission may prescribe certain capital requirements.…

Winding Up & Liquidation

Special winding up procedures are provided in the PCC Act which protect contagion of solvent cells by insolvent ones. Dissolution of the PCC is addressed by special provisions in the PCC Act which provide for receivership and administration orders and…