Private Trust Company

The Private Trust Company (“PTC”) provides a perfect structure to preserve the assets of the family while maintaining a degree of control as the trustee. This type of vehicle is used to provide trustee services similar to those provided by a trust company. Services include investment advisory, wealth management, fiduciary and administrative services.

A PTC is legally incorporated as a limited liability company and may apply for a GBL2 licence in Mauritius.

Advantages and Benefits

  • Confidentiality -There is no public register of directors and shareholders of the PTC and also no registration of the individual underlying trusts.
  • Flexibility in decision making.
  • Actions of the trustee can be closely monitored by the family.
  • Provides a holding structure for underlying operating companies in different jurisdictions leading to the start of a Family Office where all your financial affairs may be centralized.
  • Structure can accommodate exotic or high risk assets which a normal trustee would otherwise not accept or would only accept for a very high trustee fee.
  • Administration of PTC and of underlying trusts and operating companies undertaken by professional Management Company in a low cost jurisdiction, i.e. Mauritius.
  • Enables client to have control without compromising the validity of the structure.
  • Provides protection to the client who may not feel comfortable with third party acting as trustee.
  • Enables family participation and empowerment of children.
  • Provides a convenient way to pass control and influence over family business interests and wealth to the next generation

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