Compliant with international standards

Secure your family and your assets

The Private Foundation can be compared with the Common Law trust. Like the trust, the Civil Law Private Foundation can be used to separate the legal and beneficial ownership.

This can be attractive for international tax and (family) estate planning, income deferral and asset protection. Contrary to the trust, the Private Foundation is a legal entity in its own right, so no further entity is needed for the holding of assets. This makes it more cost efficient.

In contrast with a common foundation, a Private Foundation can make at the discretion of the Director to distributions to its incorporators or to others, out of its income or its assets. It can have any legal purpose, however it may not perform any commercial business. Yet, holding and managing its own assets is allowed.