Setting up a Limited Partnership

Limited Partnerships (LP)

Limited Partnerships are governed by the Limited Partnerships Act 2011. 

It is a business structure with two types of partners: 

  1. General Partner
  2. Limited Partner

Limited Partnerships (LP) holding a Global Business License

Limited Partnerships are governed by the Limited Partnerships Act 2011. 

It is a business structure with two types of partners: 

  1.   General Partner (similar to Directors in a company)
  2.   Limited Partner (with a limited liability as shareholders in a company)

Registration of a Limited Partnerships (LP)

  • The name should be available in accordance with Section 15 of the Act –  Application for Reservation of Limited Partnership name –  (S16.F LP1) 
  • Name should end with the word “Limited Partnership” or “LP”.
  • To fill downloadable form  –  Application for Registration of a Limited Partnership – ((S19.F LP2) – In accordance with Section 19 of the Act
  • Written Consent of General Partner
  • Partnership Agreement
  • Declaration of  Beneficial Owner
  • BRF 3 – Application for Business Registration Card.
  •  The fees payable for a Limited Partnership at the time of registration is:-
    • Domestic – Rs 3000 + Rs 200 (Certificate)
  • Yearly Fees for a Limited Partnership:
    • Domestic – Rs 5,000
  • The name should be available in accordance with Section 15 of the Act –  Application for Reservation of Limited Partnership Name –  ( S16.F LP1) 
  • Name should end with the word “Limited Partnership” or “LP”.
  • To fill downloadable form  –  Application for Registration of a Limited Partnership –  ( S19.F LP2) – In accordance with Section 19 of the Act
  • Written Consent of General Partner
  • Partnership Agreement
  • Declaration of  Beneficial Owner
  • BRF 3 – Application for Business Registration Card.
  •  The fees payable for a Limited Partnership at the time of registration is:-
    • Domestic – Rs 3000 + Rs 200 (Certificate)
  • Yearly Fees for a Limited Partnership:
    • Domestic – Rs 5,000

Foreign Limited partnership” means a partnership –

  • (a) constituted under the law of a country outside Mauritius; and
  • (b) in which one or more partners has limited liability in respect of partnership obligations as a result of the registration of the partnership in that country;

The fees payable for a Limited Partnership (Foreign) at the time of registration is:-

  • Foreign – Rs 9000 + Rs 200 (Certificate)

Yearly Fees for a Limited Partnership:

  • Foreign – Rs 18,000

Other Documents/Changes

Any change in the Limited Partnership should be notified to the Registrar of Limited Partnership:-
  • Change in General Partner and Consent – Notice of Change of General Partner(Section 22 of the Act) and Consent of General Partner S19(2)(9)
  • Annual Return- S53 F. LP3
  • Notice of Change in Registered Particulars – (S22.F LP7)
  • Notice of Change of Name of a Limited Partnership – S17.F LP5
  • Application for removal of Limited Partnership from Register for the purpose of transferring its Registration to another country S65.F LP4
  • Dissolution of Limited Partnerships (LP)
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