Your Legacy, Protected and Confidential
Looking for a way to protect assets, provide for your loved ones, and enjoy financial freedom without excessive reporting? A Private Interest Foundation offers a robust structure for preserving and growing wealth, with unmatched flexibility, confidentiality, and tax benefits.
Why Choose a Private Interest Foundation?
Complete Asset Protection
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- Assets beyond reach: Assets in a Private Interest Foundation cannot be seized and are shielded from claims against the founder, beneficiaries, or council members. However, there are safeguards against fraudulent activity, protecting the integrity of your foundation.
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- Family legacy: Seamlessly transfer assets to family members, bypassing lengthy legal procedures and maintaining control over family wealth.
Income and Tax Exemption
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- Zero income tax: Foundations are income-exempt and free from annual reporting requirements, relieving you of filing financial statements or cumbersome tax filings.
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- Flat annual fee: The foundation pays only a nominal, flat yearly fee, making it a cost-effective solution for wealth management.
Global Flexibility and Accessibility
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- International investment: You can engage in civil and commercial transactions across borders and currencies and open bank accounts anywhere in the world.
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- Unlimited assets: No upper limit on assets means you can continue to add and grow your wealth without restrictions on asset types or locations.
Confidentiality You Can Trust
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- Discreet structure: Foundation beneficiaries and protectors remain confidential, with no requirement to disclose names publicly.
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- Secure management options: Retain control through revocable or irrevocable asset management, giving you flexibility based on your unique needs.
Founder-Friendly Setup
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- Founder as beneficiary: You can serve as a beneficiary yourself, allowing you to benefit directly from the foundation’s structure and security.
- Control options: Founders can manage foundation assets directly or delegate to a trusted council. Rest easy knowing your legacy is in safe hands.
The Key Players in Your Foundation
- Founder
- The founder is the visionary behind the foundation, transferring initial assets and shaping its purpose. The founder can be an individual or a legal entity from any country.
- Foundation Council
- The management team oversees the foundation’s compliance and day-to-day operations. Councils can be composed of either:
- Individuals: Three people from any nationality.
- Entities: One legal entity, domestic or international.
- Nominee Council: Maintain control by holding shares in a corporation that serves as the Nominee Council, retaining oversight of foundation activities.
- The management team oversees the foundation’s compliance and day-to-day operations. Councils can be composed of either:
- Beneficiaries
- The foundation benefits the individuals or institutions named in the private rules. The founder may also choose to be a beneficiary, directly enjoying the foundation’s advantages.
- Protector (Optional)
- This is an optional role to ensure the foundation’s objectives are met. The protector can be any trusted individual or entity, offering additional oversight for peace of mind.
Getting Started: Simple Requirements for Lasting Security
- Foundation Name
- Provide three name options in any language to ensure availability. The name should include “foundation” or “fundación.”
- Foundation Purpose
- Declare a broad purpose with asset protection as the primary focus. This leaves room for growth and flexibility in managing and safeguarding wealth.
- Foundation Council Details
- If individuals are chosen, provide three council members’ names, nationalities, passport numbers, addresses, and roles (President, Secretary, Treasurer).
- A single company can fulfill the council requirement for a legal entity as a council, streamlining administration and management.
Build Your Foundation Today
Take control of your wealth, protect your assets, and pass on a legacy. Establishing a Private Interest Foundation is your first step towards financial freedom and privacy. Enjoy the peace of mind with complete asset protection, global flexibility, and unparalleled confidentiality.
Ready to secure your future? Contact us now to start the foundation process.