IBC TRUST COMPANYThe minimum capital required for an IBC with a trust licence is US$500,000.00. IBC Trust Companies are required to file audited quarterly returns. The minimum capital requirement and the filing of audited quarterly returns are the only additional requirements for an IBC with a trust licence as opposed to an ordinary IBC.The advantages of forming a trust company are as follows: - Protection of assets including wealth, after the death of the settlor, from tax authorities.
- Preservation of business infrastructure and property as seen fit by the settlor.
- Confidentiality: a trust is a private document.
- Ability to appoint a protector to balance the power of the trustee
Antigua Offshore Inc. has several years of experience in handling trust deeds for individuals and corporations. Our legal team of experts can help you establish a trust document that, in accordance with the law, provides maximum preservation of assets. Contact us today for all your questions and specific needs. |