Worldwide:
Global - Foundation Regimes In The Cayman Islands, Guernsey, Jersey And United Arab Emirates
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The 2017/2018 financial year saw the Cayman Islands and Abu
Dhabi Global Market join various other jurisdictions within the
international community (including Jersey and Guernsey) in
introducing foundation legislation allowing for the formation of
entities that can be utilised as a trust alternative for succession
planning, wealth management and charitable and philanthropic
objects.
As a result of the increased options open to clients in
selecting an appropriate jurisdiction to engage with a foundations
regime, this client advisory offers a comparison of the core
requirements in relation to foundation regimes available in the
Cayman Islands, Abu Dhabi Global Market, Guernsey and Jersey.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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