Limited Partnership

Mautirius Commercial Bank Seychelles

Key Features

  • Legal Framework : Limited Partnersip Act 2003.
  • Complete tax exemptions guaranteed for 20years.
  • The general partner(s) is responsible for the administering and managing of an LP, and liable for any debts and obligations of the LP if the liabilities exceed the assets of the LP.
  • Limited partners are not liable for debts of an LP, except in certain very limited cases.
  • At least one general partner must be a Seychellois entity
  • No requirement to prepare or file annual audited accounts in Seychelles
  • Requirement of filing annual return