We aim to deliver an outstanding level of service to our clients
Foundations can used for charitable and non-charitable purposes, including wealth management and succession.
A foundation can be designed for a specific purpose however, in contrast to a trust it need not have beneficiaries and unlike a company does not have shareholders. It also has its own legal personality and the ability to enter into contracts in its own right. A foundation is run, in accordance with its regulations, by a council as opposed to directors or trustees.
Among other things, this is designed to appeal to clients and practitioners in civil law jurisdictions.
Sterling Trust Limited is licensed to act as Foundation services provider by the Isle of Man Financial Services Authority:
- Foundation Establishment
- Acting as Foundation Council
- Acting as Registered Agent
- Acting as Enforcer
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+44 (0)1624 611146
You’ll be connected to a member of our team. They’ll be happy to help answer any questions you may have.
The income of a Trust, established in the Isle of Man, is free of taxation, where the beneficiaries of the Trust are non-residents, and the income is derived from sources outside of the Isle of Man.