Mauritius PCC

Protected Cell Companies (“PCCs”) were introduced in Mauritius by the Protected Cell Companies Act No. 137 of 1999. Initially thought to be a suitable structure for the business of insurance, it was also worked out to become a versatile vehicle for collective investment funds and for asset holding in Mauritius.

A PCC is a company limited by shares which consists of a core and an indefinite number of cells which are kept legally separate from each other’s. This structure allows for the segregation of risks, assets/liabilities of different individuals and/or corporate entities under a shared structure.

Key Features

Mauritius PCC

Corporate Details


  • Type of entity:


  • Type of law:


  • Our time to establish a new company:

2 weeks

  • Tax


  • Number of Cells


  • Continuation from IBC


  • Registered Office

In Seychelles

Share capital or equivalent

  • Standard currency:


  • Permitted currencies

Any except Rs

  • Minimum paid up:

10% of the Authorized capital

  • Shares types

Cellular and non-Cellular


  • Minimum number:


  • Corporate Director

Not Allowed

  • Local required:


  • Publicly accessible records:


  • Location of meetings:

Any where

Company Secretary

  • Required:

Yes (must be a Mauritius Corporate Service Provider)

Annual Accounts, Audit, Return

  • Requirement to prepare:


  • Audit requirements:


  • Requirement to file accounts:

Yes, to SIBA only

  • Requirement to file annual return:

Yes, to SIBA only

  • Annual Government Tax


  • Permitted Business Activities

1. Insurance

2. Mutual Funds

3. Any other business activity approved by SIBA


  1. PCC as part of business structure is ideal for use in umbrella funds and captive insurance structures, because the losses of one cell will not have an adverse effect on the other cells
  2. It can limit the creditor exposure, the cells are independent and the assets of a particular cell can be applied to the liabilities of that particular cell only
  3. It is cost effective compared to forming various subsidies for different businesses

The Valsen Advantage

  • Speedy, Efficient and consistent Services.
  • Relentless effort to obtain bank accounts.
  • Expert advice on structuring options.
  • Dedicated ongoing compliance support.


+248 252 5217

[email protected]