{"id":15005,"date":"2018-09-20T07:25:21","date_gmt":"2018-09-20T04:25:21","guid":{"rendered":"https:\/\/www.aaa.com.mu\/?page_id=15005"},"modified":"2022-07-12T09:52:36","modified_gmt":"2022-07-12T06:52:36","slug":"limited-liability-partnership","status":"publish","type":"page","link":"https:\/\/www.aaa.com.mu\/products\/legal-structures\/limited-liability-partnership\/","title":{"rendered":"Limited Liability Partnership"},"content":{"rendered":"<div class=\"wpb-content-wrapper\">[mk_page_section vertical_align=&#8221;center&#8221; bg_image=&#8221;https:\/\/www.aaa.com.mu\/wp-content\/uploads\/2018\/10\/legal-structures.jpeg&#8221; bg_position=&#8221;center center&#8221; bg_repeat=&#8221;no-repeat&#8221; bg_stretch=&#8221;true&#8221; video_color_mask=&#8221;#000000&#8243; video_opacity=&#8221;0.7&#8243; adaptive_height=&#8221;true&#8221; min_height=&#8221;300&#8243; full_width=&#8221;true&#8221; padding_top=&#8221;0&#8243; padding_bottom=&#8221;0&#8243; visibility=&#8221;hidden-sm&#8221; animation=&#8221;fade-in&#8221; sidebar=&#8221;sidebar-1&#8243;][vc_column][mk_page_title_box page_title=&#8221;LIMITED LIABILITY PARTNERSHIP&#8221; page_subtitle=&#8221;LEGAL STRUCTURES&#8221; section_height=&#8221;50&#8243; bg_type=&#8221;color&#8221; font_size=&#8221;60&#8243; font_color=&#8221;#ffffff&#8221; font_weight=&#8221;300&#8243; sub_font_size=&#8221;20&#8243; sub_font_color=&#8221;#efefef&#8221; sub_font_weight=&#8221;600&#8243;][\/vc_column][\/mk_page_section][vc_row fullwidth=&#8221;true&#8221; fullwidth_content=&#8221;false&#8221; css=&#8221;.vc_custom_1537332435608{padding-right: 15px !important;padding-left: 15px !important;}&#8221;][vc_column css=&#8221;.vc_custom_1535462359156{padding-top: 5px !important;padding-right: 5px !important;padding-bottom: 5px !important;padding-left: 5px !important;}&#8221; offset=&#8221;vc_col-lg-12 vc_col-md-12 vc_col-xs-12&#8243;][mk_padding_divider size=&#8221;60&#8243;][mk_fancy_title strip_tags=&#8221;true&#8221; tag_name=&#8221;h1&#8243; color=&#8221;#545454&#8243; size=&#8221;40&#8243; font_weight=&#8221;200&#8243; font_style=&#8221;normal&#8221; txt_transform=&#8221;uppercase&#8221; letter_spacing=&#8221;2&#8243; margin_bottom=&#8221;0&#8243; font_family=&#8221;none&#8221; visibility=&#8221;visible-sm&#8221;]Limited Liability Partnership[\/mk_fancy_title][mk_padding_divider visibility=&#8221;visible-sm&#8221;][\/vc_column][\/vc_row][vc_row fullwidth=&#8221;true&#8221; fullwidth_content=&#8221;false&#8221; animation=&#8221;fade-in&#8221; css=&#8221;.vc_custom_1537419399551{padding-right: 15px !important;padding-left: 15px !important;}&#8221;][vc_column offset=&#8221;vc_col-lg-8 vc_col-md-7 vc_col-xs-12&#8243;][vc_column_text css=&#8221;.vc_custom_1537417494341{margin-bottom: 0px !important;padding-top: 5px !important;padding-right: 5px !important;padding-bottom: 5px !important;padding-left: 5px !important;}&#8221;]A limited liability partnership (LLP) is a business structure that operates similar to a partnership. It should have its registered office in Mauritius, should consist of at least two partners (limited partners) and at least one manager resident in Mauritius and qualified as a Secretary. In the case of an LLP holding a Global Business Licence, the manager shall be a management company. The LLP is governed by the Limited Liability Partnership Act 2016.<\/p>\n<p>The LLP has legal personality separate from that of its partners, who are not liable to pay the debts of the limited liability partnership beyond the amount they have contributed or agreed to contribute.<\/p>\n<p>The income of a limited liability partnership is liable to tax in the hands of its partners. In the case of an LLP holding a Global Business Licence, it may elect to be taxed in the same way as a corporation.<\/p>\n<p>LLPs are used by persons offering professional or consultancy services, holding a Global Legal Advisory Services licence or engaging in such other activities as prescribed by law. LLPs holding a Global Legal Advisory Services licence may benefit from a 5-year tax holiday in Mauritius. [\/vc_column_text][\/vc_column][vc_column offset=&#8221;vc_col-lg-4 vc_col-md-5 vc_col-xs-12&#8243;][vc_row_inner][vc_column_inner width=&#8221;1\/6&#8243; offset=&#8221;vc_hidden-sm vc_hidden-xs&#8221;][\/vc_column_inner][vc_column_inner offset=&#8221;vc_col-lg-10 vc_col-md-10 vc_col-xs-12&#8243;][mk_custom_box min_height=&#8221;200&#8243; bg_color=&#8221;#f1f2ef&#8221; elevation_effect=&#8221;true&#8221;][mk_custom_sidebar sidebar=&#8221;sidebar-2&#8243;][\/mk_custom_box][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row][vc_column][mk_padding_divider][\/vc_column][\/vc_row][vc_row fullwidth=&#8221;true&#8221; fullwidth_content=&#8221;false&#8221; animation=&#8221;fade-in&#8221; css=&#8221;.vc_custom_1537423403280{padding-right: 5px !important;padding-left: 5px !important;background-color: #f7f7f7 !important;}&#8221;][vc_column][mk_padding_divider size=&#8221;60&#8243;][vc_text_separator title=&#8221;More Legal Structures&#8221;][vc_row_inner][vc_column_inner width=&#8221;1\/2&#8243; offset=&#8221;vc_col-lg-3 vc_col-md-4 vc_col-xs-12&#8243; css=&#8221;.vc_custom_1535945453276{margin-bottom: 30px !important;}&#8221;][mk_flipbox front_background_color=&#8221;#f4f4f4&#8243; back_background_color=&#8221;#ffffff&#8221; min_height=&#8221;200&#8243; icon_type=&#8221;icon&#8221; icon=&#8221;mk-moon-globe&#8221; icon_size=&#8221;32&#8243; icon_color=&#8221;#d25f68&#8243; front_title=&#8221;GLOBAL BUSINESS COMPANIES&#8221; front_title_color=&#8221;#d25f68&#8243; back_title=&#8221;GLOBAL BUSINESS COMPANIES&#8221; back_title_color=&#8221;#4c4c4c&#8221; font_weight=&#8221;500&#8243; button_url=&#8221;https:\/\/www.aaa.com.mu\/products\/legal-structures\/global-business-companies&#8221; button_text=&#8221;Learn More&#8221; button_bg_color=&#8221;#dd3333&#8243; button_bg_hover_color=&#8221;#828282&#8243;][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243; offset=&#8221;vc_col-lg-3 vc_col-md-4 vc_col-xs-12&#8243; css=&#8221;.vc_custom_1535945460818{margin-bottom: 30px !important;}&#8221;][mk_flipbox front_background_color=&#8221;#f4f4f4&#8243; back_background_color=&#8221;#ffffff&#8221; min_height=&#8221;200&#8243; icon_type=&#8221;icon&#8221; icon=&#8221;mk-moon-briefcase&#8221; icon_size=&#8221;32&#8243; icon_color=&#8221;#d25f68&#8243; front_title=&#8221;GLOBAL BUSINESS LICENCE&#8221; front_title_color=&#8221;#d25f68&#8243; back_title=&#8221;GLOBAL BUSINESS LICENCE&#8221; back_title_color=&#8221;#4c4c4c&#8221; font_weight=&#8221;500&#8243; button_url=&#8221;https:\/\/www.aaa.com.mu\/products\/legal-structures\/global-business-licence&#8221; button_text=&#8221;Learn More&#8221; button_bg_color=&#8221;#dd3333&#8243; button_bg_hover_color=&#8221;#828282&#8243;][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243; offset=&#8221;vc_col-lg-3 vc_col-md-4 vc_col-xs-12&#8243; css=&#8221;.vc_custom_1535945467021{margin-bottom: 30px !important;}&#8221;][mk_flipbox front_background_color=&#8221;#f4f4f4&#8243; back_background_color=&#8221;#ffffff&#8221; min_height=&#8221;200&#8243; icon_type=&#8221;icon&#8221; icon=&#8221;mk-icon-flag&#8221; icon_size=&#8221;32&#8243; icon_color=&#8221;#d25f68&#8243; front_title=&#8221;AUTHORISED COMPANY&#8221; front_title_color=&#8221;#d25f68&#8243; back_title=&#8221;AUTHORISED COMPANY&#8221; back_title_color=&#8221;#4c4c4c&#8221; font_weight=&#8221;500&#8243; button_url=&#8221;https:\/\/www.aaa.com.mu\/products\/legal-structures\/authorised-company&#8221; button_text=&#8221;Learn More&#8221; button_bg_color=&#8221;#dd3333&#8243; button_bg_hover_color=&#8221;#828282&#8243;][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243; offset=&#8221;vc_col-lg-3 vc_col-md-4 vc_col-xs-12&#8243; css=&#8221;.vc_custom_1535945472579{margin-bottom: 30px !important;}&#8221;][mk_flipbox front_background_color=&#8221;#f4f4f4&#8243; back_background_color=&#8221;#ffffff&#8221; min_height=&#8221;200&#8243; icon_type=&#8221;icon&#8221; icon=&#8221;mk-li-pinmap&#8221; icon_size=&#8221;32&#8243; icon_color=&#8221;#d25f68&#8243; front_title=&#8221;DOMESTIC COMPANY&#8221; front_title_color=&#8221;#d25f68&#8243; back_title=&#8221;DOMESTIC COMPANY&#8221; back_title_color=&#8221;#4c4c4c&#8221; font_weight=&#8221;500&#8243; button_url=&#8221;https:\/\/www.aaa.com.mu\/products\/legal-structures\/domestic-company&#8221; button_text=&#8221;Learn More&#8221; button_bg_color=&#8221;#dd3333&#8243; button_bg_hover_color=&#8221;#828282&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner width=&#8221;1\/2&#8243; offset=&#8221;vc_col-lg-3 vc_col-md-4 vc_col-xs-12&#8243; css=&#8221;.vc_custom_1535945453276{margin-bottom: 30px !important;}&#8221;][mk_flipbox front_background_color=&#8221;#f4f4f4&#8243; back_background_color=&#8221;#ffffff&#8221; min_height=&#8221;200&#8243; icon_type=&#8221;icon&#8221; icon=&#8221;mk-li-net&#8221; icon_size=&#8221;32&#8243; icon_color=&#8221;#d25f68&#8243; front_title=&#8221;TRUST&#8221; front_title_color=&#8221;#d25f68&#8243; back_title=&#8221;TRUST&#8221; back_title_color=&#8221;#4c4c4c&#8221; font_weight=&#8221;500&#8243; button_url=&#8221;https:\/\/www.aaa.com.mu\/products\/legal-structures\/trust&#8221; button_text=&#8221;Learn More&#8221; button_bg_color=&#8221;#dd3333&#8243; button_bg_hover_color=&#8221;#828282&#8243;][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243; offset=&#8221;vc_col-lg-3 vc_col-md-4 vc_col-xs-12&#8243; css=&#8221;.vc_custom_1535945460818{margin-bottom: 30px !important;}&#8221;][mk_flipbox front_background_color=&#8221;#f4f4f4&#8243; back_background_color=&#8221;#ffffff&#8221; min_height=&#8221;200&#8243; icon_type=&#8221;icon&#8221; icon=&#8221;mk-moon-pen&#8221; icon_size=&#8221;32&#8243; icon_color=&#8221;#d25f68&#8243; front_title=&#8221;FOUNDATION&#8221; front_title_color=&#8221;#d25f68&#8243; back_title=&#8221;FOUNDATION&#8221; back_title_color=&#8221;#4c4c4c&#8221; font_weight=&#8221;500&#8243; button_url=&#8221;https:\/\/www.aaa.com.mu\/products\/legal-structures\/foundation&#8221; button_text=&#8221;Learn More&#8221; button_bg_color=&#8221;#dd3333&#8243; button_bg_hover_color=&#8221;#828282&#8243;][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243; offset=&#8221;vc_col-lg-3 vc_col-md-4 vc_col-xs-12&#8243; css=&#8221;.vc_custom_1535945467021{margin-bottom: 30px !important;}&#8221;][mk_flipbox front_background_color=&#8221;#f4f4f4&#8243; back_background_color=&#8221;#ffffff&#8221; min_height=&#8221;200&#8243; icon_type=&#8221;icon&#8221; icon=&#8221;mk-moon-copy-4&#8243; icon_size=&#8221;32&#8243; icon_color=&#8221;#d25f68&#8243; front_title=&#8221;LIMITED PARTNERSHIP&#8221; front_title_color=&#8221;#d25f68&#8243; back_title=&#8221;LIMITED PARTNERSHIP&#8221; back_title_color=&#8221;#4c4c4c&#8221; font_weight=&#8221;500&#8243; button_url=&#8221;https:\/\/www.aaa.com.mu\/products\/legal-structures\/limited-partnership&#8221; button_text=&#8221;Learn More&#8221; button_bg_color=&#8221;#dd3333&#8243; button_bg_hover_color=&#8221;#828282&#8243;][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243; offset=&#8221;vc_col-lg-3 vc_col-md-4 vc_col-xs-12&#8243; css=&#8221;.vc_custom_1535945472579{margin-bottom: 30px !important;}&#8221;][mk_flipbox front_background_color=&#8221;#f4f4f4&#8243; back_background_color=&#8221;#ffffff&#8221; min_height=&#8221;200&#8243; icon_type=&#8221;icon&#8221; icon=&#8221;mk-moon-scale-up&#8221; icon_size=&#8221;32&#8243; icon_color=&#8221;#d25f68&#8243; front_title=&#8221;LIMITED LIABILITY PARTNERSHIP&#8221; front_title_color=&#8221;#d25f68&#8243; back_title=&#8221;LIMITED LIABILITY PARTNERSHIP&#8221; back_title_color=&#8221;#4c4c4c&#8221; font_weight=&#8221;500&#8243; button_url=&#8221;https:\/\/www.aaa.com.mu\/products\/legal-structures\/limited-liability-partnership&#8221; button_text=&#8221;Learn More&#8221; button_bg_color=&#8221;#dd3333&#8243; button_bg_hover_color=&#8221;#828282&#8243;][\/vc_column_inner][\/vc_row_inner][mk_padding_divider size=&#8221;80&#8243;][\/vc_column][\/vc_row]\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[mk_page_section vertical_align=&#8221;center&#8221; bg_image=&#8221;https:\/\/www.aaa.com.mu\/wp-content\/uploads\/2018\/10\/legal-structures.jpeg&#8221; bg_position=&#8221;center center&#8221; bg_repeat=&#8221;no-repeat&#8221; bg_stretch=&#8221;true&#8221; video_color_mask=&#8221;#000000&#8243; video_opacity=&#8221;0.7&#8243; adaptive_height=&#8221;true&#8221; min_height=&#8221;300&#8243; full_width=&#8221;true&#8221; padding_top=&#8221;0&#8243; padding_bottom=&#8221;0&#8243; visibility=&#8221;hidden-sm&#8221; animation=&#8221;fade-in&#8221; sidebar=&#8221;sidebar-1&#8243;][vc_column][mk_page_title_box page_title=&#8221;LIMITED LIABILITY PARTNERSHIP&#8221; page_subtitle=&#8221;LEGAL STRUCTURES&#8221; section_height=&#8221;50&#8243; bg_type=&#8221;color&#8221; font_size=&#8221;60&#8243; font_color=&#8221;#ffffff&#8221; font_weight=&#8221;300&#8243; sub_font_size=&#8221;20&#8243; sub_font_color=&#8221;#efefef&#8221; sub_font_weight=&#8221;600&#8243;][\/vc_column][\/mk_page_section][vc_row fullwidth=&#8221;true&#8221; fullwidth_content=&#8221;false&#8221; css=&#8221;.vc_custom_1537332435608{padding-right: 15px !important;padding-left: 15px !important;}&#8221;][vc_column css=&#8221;.vc_custom_1535462359156{padding-top: 5px !important;padding-right: 5px !important;padding-bottom: 5px !important;padding-left: 5px !important;}&#8221; offset=&#8221;vc_col-lg-12 vc_col-md-12 vc_col-xs-12&#8243;][mk_padding_divider size=&#8221;60&#8243;][mk_fancy_title strip_tags=&#8221;true&#8221; tag_name=&#8221;h1&#8243; color=&#8221;#545454&#8243; size=&#8221;40&#8243; font_weight=&#8221;200&#8243; [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"parent":14327,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"Limited Liability Partnership - AAA Global Services - Mauritius","_seopress_titles_desc":"A limited liability partnership (LLP) is a business structure that operates similar to a partnership. It should have its registered office in Mauritius, should consist of at least two partners (limited partners) and at least one manager resident in Mauritius and qualified as a Secretary.","_seopress_robots_index":"","footnotes":""},"_links":{"self":[{"href":"https:\/\/www.aaa.com.mu\/wp-json\/wp\/v2\/pages\/15005"}],"collection":[{"href":"https:\/\/www.aaa.com.mu\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.aaa.com.mu\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.aaa.com.mu\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.aaa.com.mu\/wp-json\/wp\/v2\/comments?post=15005"}],"version-history":[{"count":5,"href":"https:\/\/www.aaa.com.mu\/wp-json\/wp\/v2\/pages\/15005\/revisions"}],"predecessor-version":[{"id":15702,"href":"https:\/\/www.aaa.com.mu\/wp-json\/wp\/v2\/pages\/15005\/revisions\/15702"}],"up":[{"embeddable":true,"href":"https:\/\/www.aaa.com.mu\/wp-json\/wp\/v2\/pages\/14327"}],"wp:attachment":[{"href":"https:\/\/www.aaa.com.mu\/wp-json\/wp\/v2\/media?parent=15005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}