A foundation is an incorporated legal entity which can be used to hold assets and will have a number of uses in wealth structuring and succession planning. As a concept it is neither a company nor a trust, although it has features of both. Foundations can equally be used for charitable or non-charitable purposes, such as succession planning for wealthy families to divest assets which the foundation can hold for the benefit of its beneficiaries.
Notting Hill specializes in working with our clients to create bespoke solutions to their specific structuring requirements.
Our foundation administration services include:
- Assisting in the setup of offshore foundation
- Provision of correspondence address
- Maintenance of statutory records and execution of statutory obligations
- Accounting and financial reporting
- Compliance services
- FATCA and CRS services