A Foundation is an entity with a separate legal personality, like a company, but it also has the ability to hold assets for the benefit of others (the beneficiaries) like a trust. A Foundation can be formed for a particular purpose or to hold assets for beneficiaries or a combination of the two. Foundations have historically been used for charitable purposes and family endowments in civil law jurisdictions but are now becoming increasingly popular worldwide.
Guernsey has had its own Foundation Law since 2012. We can offer Formation services for Guernsey Foundations and full administration of Guernsey and non-Guernsey law Foundations.