Legal News

Cayman Islands’ latest wealth-structuring vehicle—the foundation company

Published on: 26 April 2018
Published by: LexisPSL
  • Cayman Islands’ latest wealth-structuring vehicle—the foundation company
  • What are the key features of foundation companies?
  • How are these companies created?
  • For what are clients using foundation companies?
  • Are foundation companies popular with a particular type of client? Why?
  • Have there been any cases involving foundation companies yet?
  • Any other thoughts?

Article summary

Private Client analysis: Carlos de Serpa Pimentel, partner and group head of private client and trusts, and Esmond Brown, associate, at Appleby take a look at the main features and statutory requirements of foundation companies (FCs) after the Cayman Islands’ Foundation Companies Law 2017 (FCL 2017) came into force. or take a trial to read the full analysis.

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