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Offshore Trust for your Offshore Company

I just found some good information about Trusts in general for offshore company formation purpose and hope it will be of help for one or another.


Offshore trust - Wikipedia, the free encyclopedia


Above is the link:

An offshore trust is simply a conventional trust that is formed under the laws of an offshore jurisdiction.
Generally offshore trusts are similar in nature and effect to their onshore counterparts; they involve a settlor transferring (or 'settling') assets (the 'trust property') on the trustees to manage for the benefit of a person or class or persons (the 'beneficiaries').


However, a number of offshore jurisdictions have modified their laws to make their jurisdictions more attractive to settlors forming offshore structures as trusts.


Also, two civil jurisdictions, who are sometimes considered to be offshore, Switzerland and Liechtenstein have artificially imported the trust concept from common law jurisdictions by statute.
 

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