A Seychelles International Trust is a useful vehicle for asset protection and efficient tax planning.
Seychelles International Trusts are set up under the International Trusts Act, 1994.
The undertakings of one cell have no bearing on the other cells. Each cell is identified by a unique name, and the assets, liabilities and activities of each cell are ring-fenced from the others. If one cell becomes insolvent, creditors only have recourse to the assets of that particular cell and not to any other.
International Trusts are not subject to taxes and confidentiality is ensured as there is no requirement that the Trust Deed be registered nor that the name of the Settlor or Beneficiaries be divulged to the Authorities. Besides the statutory restrictions that the trust should not include property situated in Seychelles there is no restriction on how the trust assets may be invested.