
TRUST COMPANY
SWEDEN – EUROPEAN UNION
Trusts are popular asset protection vehicles in common law jurisdictions but less common in civil law jurisdictions. The Swedish Foundation (Stiftelse) is identical to Trusts in other jurisdictions in the sense that it requires a Founder, Stiftare, to transfer an asset to a Trustee, Förvaltare, who will manage the asset for a specific purpose and for the benefit of the beneficiaries. It is different from Trusts in most jurisdictions in the sense that it is registered and is a legal entity in itself, as a Foundation. The Swedish Foundation has a entity registration number and Tax ID and is not simply a private contract such as a trust deed. The assets in the Foundation are fully protected against any financial liabilities of the founder or beneficiaries.
We offer a complete package with a Fiduciary Company acting as Trustee/Foundation Management Company in addition to the separate Foundation in which the assets are held. The Trust Company is structured and registered as a partnership and as such not itself subject to taxation. The partners of the Trust Company are taxable on their share of any eventual reported profit. There has to be a minimum of two partners in the Trust Company. The partners can be companies or individuals of any nationality and resident anywhere in the world.
Formation cost starts at EUR 16,500.00. Please visit www.swedishtrust.eu for further details.
Available add on services include:
NexorOne® Online Banking System
Eurowire® Membership
Website design and secure hosting
Full IT Support and training
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