Regulatory Alerts2003-01-01
Limited Partnerships Act 2003 (Consolidated to July 11, 2025)
The Financial Services Authority of Seychelles issued this consolidated legislation to establish the legal framework for forming, registering, and operating limited partnerships. It requires each entity to maintain a designated general partner and a licensed local registered agent while limiting limited partners' liability to their capital contributions, provided they refrain from managing the business. The Act further mandates accurate registration filings, continuous maintenance of partnership interest and accounting registers, and enforces specific penalties, deregistration rules, and nominee compliance obligations.
Share