We use cookies to customise content for your subscription and for analytics. If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.
British Virgin Islands - November 7 2012
Since 2007, it has been possible in BVI to establish a Private Trust Company which may act as trustee of trusts without the need to obtain a BVI trust licence as long as certain conditions are satisfied.
Cayman Islands - November 7 2012
A trust is a legal relationship created when a person (the settlor) places assets under the control of another person (the trustee) for the benefit of beneficiaries or a specific purpose.
British Virgin Islands - November 7 2012
A trust is a legal relationship created when a person (the settlor) places assets under the control of another person (the trustee) for the benefit of beneficiaries or a specific purpose.
Cayman Islands - November 2 2012
With the development of legislation in a number of offshore jurisdictions to allow for non-charitable purpose trusts, the Caymans Islands introduced the Special Trusts (Alternative Regime) Law 1997 (the STAR law) – now contained in the Trusts Law – to allow for the establishment of STAR Trusts.
British Virgin Islands - November 2 2012
The Virgin Islands Special Trusts Act (“VISTA”) came into force on 1 March 2004 and was introduced in order to allow a shareholder to establish a BVI trust over a BVI company which disengages the trustee from administrative and managerial responsibility in relation to that BVI company.
