A Foundation offers a robust and trusted vehicle for wealth structuring, enabling individuals and families to manage, protect, and transfer assets with confidence. It is a distinct legal entity with its own personality, established by a Founder who endows it with assets, and governed by a Charter that defines its objectives and administration.
- Hybrid structure: Combines the features of both a trust and a company, offering flexibility and familiarity for wealth planning.
- Defined purpose & beneficiaries: The Founder’s intentions are set out in the Charter, which may provide for charitable purposes, non-charitable objectives, or a blend of both. Beneficiaries can include individuals, families, or specific causes.
- Comprehensive wealth structuring: Provides a strong framework for long-term wealth preservation and succession planning across multiple generations.
- Strategic advantages: Offers confidentiality, stability, and control, making it an essential instrument in sophisticated estate and wealth management strategies.
- Common applications: Frequently established for—
- Asset protection
- Intergenerational wealth and succession planning
- Inheritance structuring
- Charitable giving and philanthropy
- Holding and managing global assets
- Mauritius as a jurisdiction: Establishing Foundations in Mauritius reinforces the country’s position as a leading, innovative hub for estate preservation, succession planning, and international wealth management.
