and Practical
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Invariably, the accumulation of wealth carries the need to protect assets. In this regard, offshore Trusts can provide a wide range of benefits to individuals or companies.
KEY FEATURES:
- A Trust can be a tax resident or a tax exempt entity.
- Trusts resident for tax can access double taxation agreements.
- There may be up to four Trustees, at least one of which should be resident in Mauritius.
- A Trust is protected in the event of bankruptcy or action by creditors, subject to safeguards against abuse (intent to defraud).
- The Court is unlikely to enforce a foreign judgement in the respect of heirship or marital disputes.
- A Trust may be publicly registered, but there is no statutory requirement to do so.
L C Abelheim offers international / offshore company formation and administration services for a variety of companies and special purpose vehicles in a number of jurisdictions, including Jersey, Guernsey, the British Virgin Islands (BVI) and the Seychelles.
Every Global Fund domiciled in Mauritius is licensed by the Mauritius Financial Services Commission (“FSC”). The salient features of Mauritius domiciled Global Funds are set out below.
L C Abelheim is an independently owned Trust company that has operated in Mauritius since 2008.
We will remain independent.
The leadership team have almost 80 years of experience in the offshore industry – from Guernsey, to the BVI and Mauritius; and focus daily on their responsibilities of management, and their dedication to grooming new leaders.
Add that to the extensive knowledge, experience and qualifications of our Team – and you have a powerhouse dedicated to helping you create and protect your legacy.