While many professional organisations such as banks, accountancy firms, law practices and trust companies consider creating their own trust company in another jurisdiction, many conclude that the expense involved is prohibitive.
A popular alternative to establishing a new stand-alone office - which can also be time consuming - is to create a managed trust company. This offers the benefits of having your own branded trust company, with minimised costs.
Because we are independent and do not provide tax or legal advice, we are ideally placed to administer and support a managed trust company arrangement.
For a managed trust company, we can provide:
/ Compliance support
A director, supported by an experienced team, will be responsible for the management of the structure on a day-to-day basis.