With a well-regulated financial industry that is guided by modern and regularly updated legislation, the Cayman Islands is one of the world’s top tax neutral jurisdictions to establish a trust. Trusts in Cayman not only benefit from a politically stable government but there are also no capital gains, income, profit, corporation or withholding taxes.
Cayman’s Government also ensures that if the tax status in the country were to ever be changed, a trust that is registered as an ‘exempted trust’ would remain tax-free for up to 50 years. A variety of flexible trust structures can be set up in the Cayman Islands to provide asset protection and estate planning. And many of the top legal firms in Grand Cayman have a proven track record in commercial and private trusts including trust formation and establishing private trust companies. These firms also advise on the regulatory and operational requirements related to various trust structures.
Visit Attorneys & Law Firms in Cayman for a comprehensive list of legal firms that can help you to establish a trust and also manage any disputes related to existing trusts. Alternatively SMP Partners can help you with this.