A Seychelles international trust is a legal arrangement meant to preserve and deal with assets effectively. It enables individuals and companies to protect wealth, make succession arrangements, and reduce tax burdens.
Seychelles is now a prominent offshore trusts jurisdiction. It has attained this coveted position due to its sound legal system and accommodating trust schemes. Creating an international trust here keeps your assets safe while providing substantial financial benefits. Seychelles offers solid legal framework together with tax benefits.
Seychelles offers offshore asset protection and tax planning. The following points show why establishing international trusts in Seychelles is a viable option:
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Establishing a Seychelles international trust is a simple process aimed at keeping local regulations intact while providing good asset protection. The main steps are as follows:.
Creating a thorough trust deed is the first step. The terms, conditions, and structure of the trust are described in this legal document. Along with the duties and responsibilities of each participant, it contains details about those who are involved.
The trust beneficiaries receive their advantages while appointed Trustees manage their assets. A Seychelles-licensed business with trustee service authorisation must act as one of the trustees.
The trustee is required to make a declaration to the Seychelles Financial Services Authority (FSA). The declaration shall state that:
Afterall documents are drafted, they are filed with the FSA. There is only a one-time registration fee of USD 150, which has to be paid. On successful filing and payment, the trust is issued a numbered registration certificate.
Are you ready to start a Seychelles International Trust? Contact us today, and let us help you with your process.
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