Offshore

The Guernsey Aircraft Registry (often referred to as 2-REG) ("Guernsey Registry") has become an established and user-friendly interim register for commercial aircraft transitioning between...

People often say that a Foundation is the civil law alternative to a Trust; but what does this mean? What does a Foundation offer your clients that a Trust cannot?

Since Foundations have been written into Manx law, they have been used frequently as part of intermediaries' offshore wealth planning for any number of purposes, but all must conform to the same constitutional principles.

Whilst Isle of Man Trusts and Isle of Man Limited Companies have been mainstays of offshore wealth planning for decades, the relatively recent introduction of the Isle of Man Foundation in 2011 has provided advisers with a blend of features possessed by corporate entities and fiduciary vehicles, to further their clients' objectives.