Some clients would like to have a private offshore company with the word “Trustee” in the title. The idea being that the offshore company would act as a private trustee company for that client.

A unique advantage of incorporating an offshore company in St. Lucia is that the Companies Registry will allow a company to be incorporated with the word “Trustee” in its name.

Wealthy families, individuals and other persons can then benefit from a variety of tax planning and confidentiality features in having their wealth managed by their own trustee company.

The trustee company will have wide powers to engage and undertake all legal activities in any part of the world. For example, the trustee company can own shares of other companies, which hold assets such as real estate, intellectual property, yachts, aircrafts, trading companies, and other businesses.

 

 

As a pure offshore company, details of the directors and shareholders are not open to public inspection.

This structure is very unique, new, and can useful in the offshore arena of products and services.