Laws and practice in the Seychelles change. This article reflects the situation when it was written. The current law is on our page of the IBC Act, and we answer your questions in the chat for free. IBC Act →
company limited by guarantee
company limited by guarantee
What is or means a company limited by guarantee?
company limited by guarantee is a company whose memorandum of association limits the liability of all its members to a fixed amount, in which each member thereby undertakes to contribute to the assets of the company in the event of its dissolution by way of guarantee and not by reason of holding a share;
You can find more and further information in our Lexicon/Glossary or in the IBC Act.
