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Mauritius Limited Life Company:

The Limited Life Company (LLC) was introduced by the Offshore Business Activities (Companies) Regulations 1995. This form is not available to onshore companies, but only to GBC 1 and 2 Companies.

The LLC allows the dissolution of the company on the occurrence of specified events, and has the nature of a partnership under US tax law. It is often used for private fund management or investment purposes.

The Companies Act 2001 provides for LLCs, unlike the 1984 Act.

A Global Business Company may apply to the Registrar of Companies either at the time of incorporation, continuation or after to be designated as an LLC.

Version date: 07.05.06