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Foundations

Alex Picot Trust Company Ltd offers a full foundation administration service which is tailored to the clients’ needs.  A foundation can be an effective planning tool for private wealth, philanthropic purposes and asset ownership and protection and in some cases commercial purposes. 

A foundation is an alternative to a common law trust, particularly where people may be more familiar with civil law.  A foundation shares the characteristics of a trust in that it does not have shareholders but instead has a founder and beneficiaries.  It also has its own legal personality and is run in accordance with its regulations, by a council as opposed to directors or trustees. 
 

Our services include

  • Establishment
  • Administration services
  • Accounting services
  • Book-keeping
  • Maintenance and provision of full statutory records
  • Provision of council members