Basic advantages of foundations:
Structural:
Foreign foundation allows to consider investments in Russia or Ukraine as foreign ones,
Tax:
Assets preservation:
Depending on concrete jurisdiction the name of foundations can vary. Thus, foundations in Jersey are called “collective investment funds”, in the BVI and the Cayman islands they are called “mutual funds”, in the Bermudas they are called “collective investment schemes” and in Mauritius - “investment companies”.
Special interest is provided by private foundations that are established by a priori known persons for the purpose of making financial and other services for them. Such foundations are demanded minimum requirements. Thus, private foundation is not obliged to draft and submit the emission prospect. If involving of the third parties is planned – the majority of offshore jurisdictions offer public foundations establishment.
At the criteria of licensing foundations can be divided into those that need to obtain license and those for which it’s not compulsory. In the latter case the procedure of registration is practically the company registration but the sphere of activity and investors of such foundations are limited strictly.
Quickly and confidentially.
A qualified expert will give you a free consultation by telephone, help to determine the position and make an appointment at any time that suits you.
Call just now by phone: + 44 203 608 22 48
E-mail us: london@hbcomp.co.uk
05/16/2024 15:48:00
Turkey Introduces Regulation of Crypto Assets
Turkey's ruling Justice and Development Party plans to submit to p ...
05/14/2024 12:51:00
UAE simplifies obtaining resident visas
The Federal Office for Identity Identification, Citizenship, Customs a ...
05/13/2024 14:49:00
Dual citizenship in Lithuania
On May 12, 2024, the first round of elections of the President of ...