Foundations have the characteristics of both trusts and companies. Comparable to trusts, foundations may be established by Charter or by Will and may have beneficiaries and be used to avoid forced heirship in other jurisdictions. However, unlike trusts, they do not have the number of years of accumulated precedents. Like companies, foundations have limited liability and must be registered.
If you’ve already established a foundation in CARIFTZ, we also offer a superb choice of commercial property, office buildings and storage to rent, hire or lease, to suit any size and type of business.