The firm advises on the establishment, management and administration of trusts fully compliant with English common law principles and centred around the preservation and transmission of assets, in particular, in the context of family offices.
Gibraltar law is very flexible in matters touching upon the administration of trusts. In that regard, we are experts in advising Gibraltar trusts as well as foreign trusts having designated Gibraltar law as a governing law. Our advice extends to the very beneficial tax treatment of Gibraltar domiciled trusts.
For those clients from civil law background that feel more comfortable with a "foundation" type management structure, we advise on the establishment, management, administration and taxation of Gibraltar foundations, as an alternative to the classic common law trusts.
A non-profit making organisation such as a charity can be set up as a trust, a company or as a foundation. In Gibraltar, a charity is registered with the Charity Commissioner at the Supreme Court. One of the advantages of registering as a charitable organisation includes its exemption from paying certain taxes once certified. It is also possible to set up a charity to create awareness for a particular cause as well as to use it as a vehicle to fund an activity.
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