• Private Foundation is a registered company and is not like a US Trust (Trusts are based on a contract, trusts are not registered and have no legal entity)
• Private Foundation (PF) is not restricted on charitable goals – PF can hold and manage its assets with a 0%-tax-rate
• Gill Martin International Inc, one of our affiliates, acts as founder of PF, but is neither owner of PF, nor owner of PF‘s assets
• After transformation of assets their is no relation between you and PF, no stock register indicate where assets come from; you may be beneficiary only
• PF is not allowed to build its own operating business but is only empowered to manage its own assets – PF can hold shares of an operating company and receive earnings of this company
• In case of claims against this company or bankruptcy of the company PF will not be affected
• PF will have a beneficiary – beneficiary will receive annual payments or the entire assets of PF at the end of duration (beneficiaries income leads to taxation in its destination)
• It is possible at any time to change beneficiaries (meaning, all assets of PF move to another party without tax at minimal costs)
• PF is protected by Curacao and Dutch legislation
Incorporation of PF can only be done by certain government-registered and Barristers under supervision. Our affiliate Gill Martin acts as a founder and TWM as local Managing Director of PF.
• funds (cash, cheques)
• shares & securities
• land, mobiles (cars, shipps), real estate
• lotery gains
• license, patents
• …
• anonymity
• high level of privacy protection
• relatives / followers
• divorce
• protection against third party claims
Fore more details: www.0-tax-assetprotection.com or please contact us
© TWM Trust N.V. 2008