No its not necessary. Information and documents can be provided by email or fax can the originals and hardcopies can follow by post or courier. We do like to meet with clients so you are welcome to visit to setup up a Trust.
Yes you can because we are licenced and regulated by the Seychelles International Business Authority. In Seychelles the business of corporate services providers and the provision of trustees is highly regulated and the authority does not tolerate any illegal and unethical behaviour. An aggrieved client (beneficiaries and protectors in the case of a Trust) can …
A proof of address is any document issued by an independent body, in original form or certified as a true copy of the original, that shows the name of the person or entity we will be dealing with and the address of that person or entity. When a copy is provided it must be a …
Any individual person of any age, and any organization whether incorporated or not can be a beneficiary. Associations and charities can be beneficiaries. Even a pet can be a beneficiary. A cause or an activity could also be a beneficiary.
The resident trustee must be a licenced corporate trustee in Seychelles. The resident trustee is a full trutee and has all the duties and responsibilities of a trustee but it also represents the trust in Seychelles and also acts as an intermediary between the rest of the trust and the authorities in Seychelles.
Yes but the sole settlor cannot also be the sole trustee. In general it is not recommended for a settlor be a trustee. Even if there are other trustees, a settlor acting as a trustee can introduce doubt that the assets are really under control of the settlor-trustee and that the Trust is a sham.
Yes but a sole settlor should not also be the sole beneficiary.
The trustees can, plus anyone they authorize including bank signatories. Trustees can appoint agents and delegate some work to other persons. Generally the trustees are expected to sign on behalf of a Trust.
No but we ask that it should at least be 1 unit of an internationally recognized currency. Many settlors pay 100 United States dollars to us before we register the trust to ensure a valid Trust exists at the time of registration. The rest of the assets can then be transfer some time after.
Technically all types of assets can be transferred into a trust but because of the limitations we face in Seychelles we can only accept company shares and cash held in bank accounts. Other assets such as boats, real-estate or jewelry must be owned by a company owned by the trust but we may require accounts …
