An asset protection trust is an arrangement for the holding and administration of property under which property or legal rights are vested by the owner of the property (the Settlor) in a person or persons (the Trustees). The Trustees then…

Trusts in Mauritius are governed by the Trusts Act, 2001. A asset protection trust can only be created by an instrument in writing which should state its Object, subject, intention and Duties and powers of the trustees. It can be…

Most offshore asset protection trusts fall into four broad categories: Private: including discretionary, accumulation and maintenance, life interest and fixed interest trusts. Corporate: including pension and employee benefit trusts. Charitable: solely for the benefit of charitable organizations. Purpose: trusts with…

Non-charitable purpose trusts must have a duration not exceeding 25 years. Charitable purpose trusts can be of perpetual duration. All other trusts must have a duration not exceeding 99 years. Manu RajHas a positive attitude towards the job, is friendly…

The Trust Act permits the appointment of a Protector, who owes fiduciary duty to the beneficial owners. Unless otherwise provided in the Trust Deed, the Protector can • remove the Trustee and • Appoint new or additional Trustees. • The…

In the absence of intent to defraud, a trust shall not be void or voidable as a consequence of a subsequent bankruptcy of the settler nor in consequence of any action taken against the settler by his creditors. The Courts…

A trust is liable to income tax at the rate of 15% if the Settlor and beneficiaries are non-residents or hold a Category 1 or 2 Global Business license or is a purpose trust. However, such trusts will be entitled…

Confidentiality of trustee’ deliberations, identity of Settlor and Beneficiaries. Possibility to establish letters and memorandum of wishes. Anti forced heir ship rules. Migration of asset protection trust possible. Concept of managing and custodian trustee (up to four trustees) Charitable asset…

That depends… While you are thinking about the why, read on about Mauritius banking… Banks every where are cynical, finicky and difficult. Especially when you are an average customer like me. Mauritius banking is no different. Hence the lengthy Know…

Now that you have decided that you want offshore company administration Mauritius – your incorporation fee is determined accordingly. We can also help you with Mauritius banking and introduce you and your offshore company to a respectable bank. But you…