With effect from 2009 foundations can be established in Jersey - the only OECD white listed international finance centre to offer foundations. Foreign incorporated foundations are also able to migrate to Jersey thereby benefitting from the international reputation of Jersey.
Jersey Foundations are likely to be of particular interest to persons based in the Middle East and Continental Europe to whom the concept of a trust is less familiar. A Jersey foundation has some of the characteristics of both companies and trusts and may be established for such purposes as succession planning, as a vehicle for philanthropic purposes, to hold 'family' or wasting assets and for other purposes as more fully detailed separately on this site.
Seymour Trust Company Ltd, which is regulated by the Jersey Financial Services Commission in the conduct of trust company business, is fully licensed in the provision of Foundation business. As an independent service provider, we offer a professional, efficient and personalised approach to our clients. We are solution driven and strive diligently to deliver cost effective solutions to meet the needs of our clients, drawing on both our extensive in-house experience and technical knowledge as well as a wide network of legal, fiscal, banking and asset management institutions.
For further details of Seymour Trust Company Ltd, please visit our web-site www.seymourtrust.co.je
