Since trusts are not registered with the government, there are no public records about them.
There are no corporate taxes or income taxes or any other tax. However, U.S. taxpayers and those from other countries taxing global income are required to disclose all income to their tax authority.
The settlor can be from any country along with the beneficiaries and the trust properties can also be located in other countries.
Confidentiality from the Trustee, Trust Agent, and the Registrar.
Secures succession plans and helps to make use of the IHT allowances and reliefs which are available and protect the economic value of everything from exposure to inheritance tax (IHT).
The owner of certain assets (“Settlor”) transfers these assets to an independent third party (“Trustee”). The Trustee, in turn, is legally bound to maintain and manage these assets for the benefit of another person or group of persons (“Beneficiaries”)