(PART OF THE ASIACITI TRUST GROUP)
The Mauritius offshore trust provides a legitimate means to protect one's assets against personal liability, high taxes, exchange controls, or risks of confiscation. In addition to the asset protection benefits and confidentiality features typical of offshore trusts in other jurisdictions, Mauritius offers the settlor attractive tax planning benefits.
CREATION AND REGISTRATION OF OFFSHORE TRUSTS
Mauritius Offshore Business Activities Authority (MOBAA) is governed by the Offshore Trusts Act 1992 (the Act). The Act allows for protective or discretionary trusts, charitable trusts, purpose trusts, commercial or trading trusts, and foreign trusts. These trusts may be created by an oral declaration or by an instrument in writing, a will, or a codicil. To be enforceable, the declaration of trust must be registered with MOBAA, accompanied by a registration fee of US$250.
