A limited partnership may be formed in Mauritius to carry on any lawful business in Mauritius and / or from within Mauritius with persons outside Mauritius. General partners may elect for the limited partnership to have legal personality. Limited partnerships in Mauritius are governed by the Limited Partnerships Act 2011.

A limited partnership shall consist of the following:

One or more general partners
They will be jointly and severally liable for all debts of the limited partnership without limitation.

One or more limited partners
They should make or agree to make capital contributions to the limited partnership.

Subject to the Limited Partnership Act and the partnership agreement, they will not be liable for any debts of the limited partnership beyond the amount contributed or agreed to be contributed to the limited partnership.

A limited partnership shall at all times have its registered office in Mauritius and have as registered agent a management company where it holds a Global Business Licence.

The income of a limited partnership is liable to tax in the hands of its partners. In the case of a Limited Partnership holding a Global Business Licence, it may elect to be taxed in the same way as a corporation.