International Trusts

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International Trusts

A Trust is a legal relationship through which the owner (called Settlor) of certain assets transfers these assets to an independent third party (called Trustee). The Trustee, in turn, is legally bound to maintain and manage these assets for the benefit of another person or group of persons (called Beneficiaries).

How can an international trust be used?

A trust can be used for many purposes based on individual’s requirement model. It can be used for;

Wealth protection

Charitable purposes

Can be part of business company structure

Inheritance and succession planning

Tax optimization

KEY FEATURES

Key Features Seychelles International Trusts

Trust deed Not filed with the authorities
Names available to public No
Period of Trusts in Seychelles 100 years
Charitable trust Can be formed for perpetuity
Change of Proper Law Permitted
Tax exempt Yes
Restrictions on Trust/Trade
  • Trust cannot hold immovable property in Seychelles
  • Settlor cannot be resident of Seychelles
  • Settlor cannot be sole beneficiary of Trust
Filing with Seychelles FSA (Financial Services Authority) Not required
Trust register accessible to public No
Disclosure of names of settlor or beneficiaries to regulator Under court orders only
Settlor
  • Can be resident of any country other than Seychelles
  • Corporate Settlor are allowed
  • Settlor can make additions to Trusts Fund
  • The name of the Settlor is not available on public records
  • Settlor can be beneficiary (but not sole beneficiary)
Trustee
  • One corporate or two individual trustee required
  • A local qualified trustee is mandatory
  • A settlor can also be a trustee
Beneficiaries
  • Minimum one beneficiary is required
  • A settlor/Trustee can be a beneficiary (but not sole beneficiary)
  • Addition or removal of beneficiary is permitted
  • Corporate beneficiaries are allowed
Protector
  • A protector is appointed by the Settlor
  • His powers are given in the trust deed and Letter of wishes
  • There can be more than one protector
  • Protector owes fiduciary duties to the beneficiary
Minimum initial assets required USD 1
Resident Trustee Yes
Registered office Yes
Filing of the tax statements Yes
Annual audit requirements Not required
Filing of accounts Not required
Public access to records No

International Trusts Advantages

01

Asset Protection & Confidentiality
Seychelles trusts offer a strong legal framework to protect assets from creditors or legal claims, while ensuring confidentiality through non-disclosure.

02

Retention of Control
Settlors can retain significant control over trust assets and management through tailored trust structures, without compromising legal protection.

03

Zero Taxes in Seychelles
International trusts are exempt from all local Seychelles taxes, including income, capital gains, and inheritance tax.

04

Family & Succession Planning
Trusts provide a flexible way to manage wealth across generations, ensuring smooth succession and long-term security for family members.

05

Business Activities via IBC
Trusts can own Seychelles IBCs, enabling international business operations within a tax-efficient and confidential structure.

06

No Public Disclosure
Trust documents and beneficiary information are not available to the public, preserving privacy for all parties involved.

07

Ideal for ESOPs
Seychelles trusts can be used to hold shares for Employee Stock Ownership Plans (ESOPs), supporting employee incentives and ownership models.

Why SEYCHELLES?

In Seychelles, International Trust is regulated by the Seychelles International Trust Act, 1994. Seychelles Trust is not a separate legal entity and hence cannot be sued in its own name. The Act provides for the following types of Trusts:

Discretionary Trust

Charitable International Trusts

Purpose International Trusts

Other Trusts

These are referred to in the Act and include commercial (trading) trusts, life insurance trusts, cash deposit trusts and trusts resulting from acts of the Court.

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