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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.
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.
A Global Business Company holding a Category 1 Global Business Licence (GBL1) is locally incorporated or registered as a branch of a foreign Company. It conducts business strictly with non-residents of Mauritius and in foreign currencies.
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.
A Protected Cell Company is similar to a multi-class company / fund. Whereby, there are various classes of shares which may either invest collectively in one or more portfolio(s), or separately in distinct portfolio(s).