Thursday, 5th of May at 3 pm
As an alternative to the Trusts, Malta offers the possibility to set up foundations, which have the advantage of being a legal entity and of being a widely accepted and acknowledged concept in countries with a Roman legal system.
A foundation cannot directly exercise a commercial activity, but it can hold shares in a company, own industrial property, franchises or other property that manage income, such as a ship, as long as the foundation is a passive owner of such assets. A foundation can also be used as a vehicle to secure a transaction by granting bond loans. It can also be used as a collective investment vehicle, subject to licensing or authorization, with units issued to investors and passively holding a common group of assets, its management delegated to a third party.
As such, a foundation in Malta offers security and flexibility within the European Union, all within a regulated environment, highly attractive and with costs substantially lower in comparison with other jurisdictions.
In our forthcoming webinar, our Managing Partner Frederico Gouveia e Silva will present the advantages of Maltese foundations, namely in terms of wealth management and asset protection.
Register now to learn more about:
– What Foundations in Malta are;
– Their ends and purposes;
– Their tax regime.