asset protection vehicle
in traditional offshore jurisdiction
CYPRUS TRUST
Traditional
asset protection vehicle
in traditional offshore jurisdiction
asset protection vehicle
in traditional offshore jurisdiction
PRIVATE FOUNDATION
Panamaniam Private Foundation
with
Foundation Council in Dubai
with
Foundation Council in Dubai
NEXUS FOUNDATION
Complete
asset protection tool
for EUR 1350
asset protection tool
for EUR 1350
BANK ACCOUNT
We can assist you
with opening a bank account in
Switzerland
Luxembourg
Cyprus
Austria
Dubai
with opening a bank account in
Switzerland
Luxembourg
Cyprus
Austria
Dubai
NEWS
- June 2, Ras Al Khaimah: Ras Al Khaimah Investment Authority (Rakia) has issued a total of 370 licences to different businesses between January to April 30 thus registering a 78 per cent growth over the corresponding period last year. (Trade Arabia).
- Dec. 29, Ras Al Khaimah:
Ras Al Khaimah Investment Authority (Rakia), one of the fastest-growing free zones in the region, has announced that it is planning to launch an elaborate concept of themed industry zones. (Gulf News).
- Oct. 14, Dubai: Dubai will be the first location to launch the Miscrosoft newest operating system, Windows 7, during the Gitex Technology week (Gulf News).
- Sept. 9, Dubai: Dubai makes history with the opening of the Metro system at 9pm on Wednesday. The world's largest automated driverless Metro system has been built by 30,000 workers at an unprecedented pace and will serve around 1.2 million passengers every day (Gulf News).
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TRUST OR FOUNDATION
Although a
legal entity affords protection of your personal assets against business risks,
it can not safeguard the company itself against claims from your past: be it
personal risk or obligation or one-man business. The company's assets may appear untouchable, but the shares
that express their value may very well be seized to settle a debt. Complete
two-way protection is feasible however, for personal and business assets alike.
The traditional solution is, rather than hold the shares in one's own name, to
settle them into a Trust or Foundation.
The Trust’s origins go back to the medieval crusaders, who had to entrust someone with their estate during their absence. Thus a Trustee came to exercise formal ownership over these assets, which however were administered apart from his own possessions. He had to serve the interests of the beneficiaries appointed by the settlor.
Over the years, jurisprudence on Trust forms has only served to strengthen and secure the beneficiaries' interests. With the crusades a distant past, the modern Trust can serve fiscal, family law, property law, or charitable objectives, or even all of them at once. Most entrepreneurs, consultants, and investors opt for a Trust as a vehicle for:
- estate planning
- securing the company's continued existence
- protection of the company’s or the family’s assets against claims and bankruptcy
- confidentiality
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Freemont Group Corporate Website