Formation of Trusts, Companies and Foundations

TRUST FORMATION

We establish trusts in a number of key global jurisdictions for a wide range of clients. Our in-depth knowledge and practical experience means we are highly adept at delivering the best solutions.

Trusts are established for a variety of reasons including:

• Asset protection
• Succession and estate planning
• Preservation of family wealth
• Confidentiality purposes
• Avoiding forced heirship rules
• Protecting the interests of minors
• Maximising tax efficiencies

The types of trust we establish include:

• Discretionary trusts
• Interest in possession and accumulation and maintenance trusts
• Special purpose trusts, and US grantor trusts
• Reserved powers and BVI VISTA trusts
• Private trust companies

We offer comprehensive services and work with legal advisers to draft the trust deed. We act as trustee and carry out the day-to-day management and administration of the trust, as well as provide accounting services.

FOUNDATION FORMATION

A foundation can be an effective planning tool for private wealth, asset protection, charitable reasons and, in some jurisdictions, may be used for commercial purposes. In some cases it is an attractive alternative to a common law trust, particularly for those who are familiar with civil law but do not have knowledge of this concept. It may also be appropriate for those who want to retain an element of control over how their assets are managed.

A foundation shares the characteristics of a trust in that it does not have shareholders but instead has a founder and beneficiaries. It also has its own legal personality and the ability to enter into contracts in its own right. A foundation is run, in accordance with its regulations, by a council as opposed to directors or trustees.

We work with our clients and their advisers to establish the foundation and to draft the appropriate rules. We can provide council members that will all be selected from our professionally qualified senior management team. We also act as registered agent and will provide administration and accountancy services that are tailored to meet our clients' specific requirements.

CORPORATE FORMATION

Through our network of offices, and via our expert partner firms, we establish various types of company around the world. These include:

• Private companies
• Private limited companies
• Public limited companies
• Companies limited by guarantee and unlimited companies 

Our services in relation to company formation include:

• Incorporation
• Provision of directors
• Provision of registered office
• Provision of registered agent or company secretary
• Provision of nominee shareholders
• Administration
• Book-keeping
• Accounting 

We also have shelf companies available in certain jurisdictions.

We derive immense satisfaction from delivering a professional and efficient service. A dedicated relationship director, supported by an expert team, is appointed to all of our clients and they are the main point of contact for clients and advisers alike.