Mauritius Trusts and Foundations

Mauritius trusts and foundations are distinct legal arrangements governed by different legislation. A trust is generally a legal relationship under the Trusts Act 2001, while a foundation is a legal person governed by the Foundations Act 2012.

Depending on the circumstances and professional advice received, a trust or foundation may be considered for purposes such as succession planning, family governance, holding assets, supporting dependants or philanthropy.

Subject to Titan’s licence, client acceptance and the agreed engagement, Titan may assist with establishment and ongoing administration and may provide trustee or related corporate services where authorised and appropriate.

A trust or foundation does not automatically protect assets, reduce tax, avoid inheritance rules or create confidentiality. Its effectiveness and tax treatment depend on the governing documents, the settlor or founder, beneficiaries, assets, countries involved and the way it is actually administered. Disclosure, beneficial-ownership, reporting and anti-money-laundering obligations may apply.

Independent legal and tax advice should be obtained in every relevant jurisdiction before a structure is established or assets are transferred.