The Mauritius foundation is an increasingly compelling structuring vehicle for high-net-worth individuals and businesses. The Mauritius Foundation can be operated like a trust but with the advantage of their own legal personality.
Introduced with The Foundations Act 2012 (the "Law"), the Mauritius foundation provides a versatile, robust, and personalised solution to what is often a complex problem, protecting wealth and ensuring it is working for the greater good.
A foundation can be tailored to the founder’s precise wishes, giving the founder the greatest possible freedom of choice. This flexibility requires. a clear understanding by planners of their client's requirements to design a structure that is robust and allows for efficient administration, consistent with good management and regulatory obligations.
Our services include:
- We work with our clients and their advisers to establish the foundation and to draft the appropriate rules.
- Will act as the qualified member of a Mauritius foundation.
- Provision of council members to act as the foundation council.
- Drafting of foundation regulations to meet the client’s specific requirements.
- Accounting services.
- Offer holding companies or private trusts to hold foundation assets.
- Provision of statutory services.