Protected Cell Companies

A Protected Cell Company (“PCC”) is a single legal entity that can divide its assets among different cells (Investors Cells) within the company. When sub-divided, the assets of each investor cells are deemed to be entirely separate from each other and the creditors of a cell only have recourse against that particular cell.

The Mauritius legislation in respect of PCC has carefully been designed to cater for the Investment Fund and Insurance industries, more specifically to accommodate “Umbrella Funds” and “Rent a Captive” operations.

In order to be registered or incorporated as a PCC under the PCC Act, a company may carry out either of the following qualified global business activities:

  • Asset Holding;
  • Collective Investment Schemes;
  • Insurance Business;
  • Specialised Collective Investment Schemes; and
  • Structured finance businesses.

A PCC is normally licensed as a GBC when undertaking investment holding or other simple business activities. However, if it is structured as an Investment Fund, a PCC will also need to obtain a separate license from the Mauritius Authority.

Finsburey will provide you with the following services:

  • Advice on the structuring of the PCC,
  • Drawing up the constitutive documents in liaison with lawyers
  • PCC and other entities formation to set up your business.
  • Provision of Registered Office Address.
  • Provision of Directors
  • Provision of Secretary.
  • Opening of bank account.
  • Bookkeeping and Accounting including Tax filings where applicable.
  • Corporate administration and other miscellaneous services.