Isle of Man Foundations

Foundations offer an alternative to traditional trust and corporate structures.  We can act as the Registered agent, provide Council Members and undertake all the necessary accounting service

Foundations were introduced into Manx law by the Foundations Act 2011. A foundation may be particularly attractive to private clients from civil law jurisdictions who are not familiar with the trust concept or who would like a wealth management entity which will be easily recognised by third parties in their home jurisdiction.

Foundations share many characteristics with trusts and may be used for many reasons including (but not limited to) family provision and wealth preservation, succession planning and philanthropy.  Like a trust they do not have shareholders but instead, each will have a founder and beneficiaries.