About Domestic Companies
Company limited by shares – the liability of its shareholders is limited by its constitution to any amount unpaid on the shares respectively held by the shareholder
Company limited by guarantee – the liability of its members is limited by its constitution to such amount as the members may respectively undertake to contribute to the assets of the company in the event of it being wound up
Company limited by shares and guarantee (hybrid) – the liability of its members who are shareholders, is limited to the amount unpaid, if any, on the shares respectively held by them and who have given a guarantee, limited to the respective amount they have undertaken to contribute, from time to time, and in the event of it being wound up
Unlimited company – no limit placed on the liability of its shareholders
Foreign company – a body corporate that is incorporated outside Mauritius and that has a place of business or is carrying on business in Mauritius
Limited Life Company – the constitution limits the life or duration of the company to a period not exceeding 50 years from the date of its incorporation. This period may be extended to a maximum of 150 years.