Trusts

The Trust Act 2001 provides the legal framework for the establishment and creation of a wide variety of trusts in Mauritius, namely:

• Charitable trust
• Discretionary trust
• Purpose trust
• Trading trust

Reasons for creating a Trust:

• Protection against high taxation
• Protection against economic instability
• Obtaining confidentiality
• Organising collective investment
• Holding property that cannot personally be held
• Protection against spendthrifts
• Promoting causes and charities
• Protection of assets
• Estate planning