Montserrat Offshore Trust

International trust business is governed by the International Banking and Trust Companies Act, Montserrat international trust companies must meet the minimum capital requirement of USD 250,000. A Montserrat offshore trust company to which a general trust company licence was issued, A Montserrat offshore company cannot hold a licence for general trust. A Montserrat offshore trust company to which a restricted trust company licence was issued. A restricted offshore trust company can only carry out trust business with the people and classes of people that it requests from the commission, providing that these people or classes of people are contrary to the list of people and classes of people approved by the commission.
Montserrat Offshore Trust Key Features

• International trust business is governed by the International Banking and Trust Companies Act
• Montserrat international trust companies must meet the minimum capital requirement of USD 250,000
• A Montserrat offshore trust company to which a general trust company licence was issued
• A Montserrat offshore company cannot hold a licence for general trust
• A Montserrat offshore trust company to which a restricted trust company licence was issued
• A restricted offshore trust company can only carry out trust business with the people and classes of people that it requests from the commission, providing that these people or classes of people are contrary to the list of people and classes of people approved by the commission.

Montserrat Offshore Trust Legal Requirements

Montserrat Offshore Trust	Corporate Details
Type of Entity	Trust
Registered Office in Montserrat	Yes
Share capital or equivalent
Standard currency	USD
Permitted currencies	Any
Minimum paid up	USD 250,000
Trustee
Minimum number	One
Corporate directorship allowed	Yes
Protector
Minimum number
Corporate shareholder allowed	NA
Accounts
Requirements to prepare	Yes
Audit requirements	No
Requirements to file accounts	No

Montserrat Offshore Trust Tax Treatment
Montserrat Offshore Trusts are exempted from specified taxes in Montserrat
Montserrat Offshore Trust Duration for Set Up
Around 2 Weeks
Montserrat Offshore Trust Distinctive Benefits

• No foreign exchange controls
• No corporate tax
• No capital gains tax
• No withholding tax

The Valsen Advantage

1. End to end comprehensive service
2. Speedy and efficient service
3. Expert advice on structuring options
4. Dedicated ongoing compliance support
5. Extensive network pool of service providers