What does PCC mean in TELECOM

A Protected Cell Company (PCC) is a legal entity wherein the assets and liabilities of each individual cell can be separately accounted for, and may not be shared or pooled with those of other cells.

The PCC functions legally as two or more distinct entities under a single corporate identity.

The main benefit of forming a PCC is that it allows organizations to create separate accounts for each project or business venture without having to register multiple companies. This can help organizations manage their finances more efficiently and reduce administrative costs associated with maintaining multiple companies. Additionally, it provides an extra layer of protection from creditors by ensuring that only the assets related to one particular cell are liable for any debts incurred by another cell.

Many businesses use PCCs due to their flexibility and efficiency advantages, including start-up businesses who wish to separate out different units within their company or growing companies who need to manage various projects without having to register multiple companies. Additionally, they are often used by financial institutions looking for innovative ways to structure investments in order to minimize risk while maximizing returns.

Yes, some jurisdictions may place a limit on how many cells can exist under one PCC depending on factors such as the type of business being conducted and the jurisdiction itself. It is important to check with your local laws before setting up your PCC's structure.