What is a Trust?

A trust is a legal arrangement where the owner of assets (usually known as the settlor) transfers ownership of those assets to a trustee to hold and administer under the terms of a Trust Deed for the benefit of other persons (known as the beneficiaries).

A trust is a separate legal entity and may only operate and hold property through a trustee. As the assets of a trust are not the property of the settlor, trusts provide significant scope for tax planning and mitigation, wealth management and asset protection.

Why choose a Seychelles International Trust?

• Identities of settlor or beneficiaries remain secret
• No business/withholding tax or stamp duty
• Strong legal protection provided by the law
• Forced heirship judgements are excluded
• Exemption from exchange controls

• The settlor can be a beneficiary under an International Trust (but not a sole beneficiary)
• An International Trust can own property world-wide
• Disclosure of information or documents relating to an International Trust can only be effected in exceptional circumstances involving criminal activity
• No obligation to file public financial statements
• Stringent requirements as regards competence, integrity and financial standing of Trustees

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