Trusts are mainly used for asset protection, succession planning, wealth conservation and confidentiality.
In Mauritius there is no requirement to register the Trust with any registrar. It is a very flexible vehicle and can be formed as a life interest trust, a discretionary trust, a purpose trust, a charitable trust, a protective trust or an asset protection trust.
Non-resident trusts are tax-exempt and Trusts may apply for a Global Business Licence to benefit from the advantages of being resident in Mauritius.
Ashton Financial Partners will act as qualified Trustee and is licensed by the Mauritius Financial Services Commission to carry out Trust business. This will entail administration of the Trust, keeping accounting records and liaison with the relevant parties to ensure optimisation of the Trust assets.