SEYCHELLES
FOUNDATION
$1,140 | €1,075
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Fee includes all set-up
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1st year full maintenance costs
2nd year renewal is only $1,075 | €1,015, also all inclusive.
A Seychelles Foundation is a legal entity established in Seychelles for various purposes, including philanthropic, asset protection, and estate planning. It is governed by the Seychelles Foundations Act and provides a flexible structure for managing assets and wealth.
Seychelles Foundations offer privacy, as they do not require public disclosure of the founders or beneficiaries.
They can be used for charitable purposes or as a means to manage family wealth.
KEY PARTIES
Founder: The person who establishes the foundation.
Council: This is an optional body that can manage the foundation. It may consist of one or more members.
Beneficiaries: Individuals or entities who benefit from the foundation.
PRIVACY
One of the key advantages of Seychelles Foundations is the high level of privacy they offer. There is no public disclosure of the founder's identity, and details about beneficiaries can remain confidential.
FLEXIBILITY
Seychelles Foundations provide a high degree of flexibility in terms of structuring and managing assets. The founder can define the foundation's objectives and set the rules for its operation.
TAX BENEFITS
Seychelles does not impose taxes on the income, capital gains, or assets of a foundation. This can make it an attractive option for international tax planning.
DURATION
Foundations can be established for an indefinite period or for a specified period, as determined by the founder.
ASSET PROTECTION
Seychelles Foundations are commonly used for asset protection, helping to safeguard assets from potential legal claims or creditors.
CHARITABLE ACTIVITIES
If the foundation is set up for charitable purposes, it can engage in philanthropic activities, donations, and other charitable endeavors.
REGISTRATION
To establish a Seychelles Foundation, you need to register it with the Seychelles Financial Services Authority (FSA).
LEGAL FRAMEWORK
The legal framework for Seychelles Foundations is well-established, providing a solid foundation for asset management and protection.