An offshore trust can hold assets for the benefits of beneficiaries of your choice We recommend setting up an offshore trust when setting up an offshore company to hold the shares of the offshore company. It also recommended to set up a trust due to new common reporting standards as the banks would state the legal owners are the trustees.
Offshore trusts ensure your assets are passed to beneficiaries of your choice without the need for a will or probate.
Offshore Trust Key Features
- Zero tax on profits
- Ensure assets are passed to your beneficiaries
- No public registry
- Confidentiality assured