A Foundation is generally used to protect the wishes of the Founder who can be an individual or corporate entity. The assets held by the Foundation form a separate estate from the Founder's personal assets for all legal purposes.
Generally, a Foundation is not used for trading or commercial activities in its own right, though it is common for it to have an underlying company to carry out non-habitual trading or investment activities.
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I confirm that I have worked with IQE Limited (“IQE”) indirectly and directly since 2009. Throughout our association IQE has provided company secretarial and administrative services of the highest standard not only for Redefine International P.L.C. but also for its many Isle of Man subsidiaries. IQE has at all times provided services at a very high level in a friendly and efficient manner and it has never been too much trouble for IQE to help us achieve our goals.
Redefine International Property Management Limited and IQE have developed a great working relationship and I would not hesitate to recommend their services." Michael Watters, CEO, Redefine International Group
In response to a growing aspiration for individuals and families to invest and work in an ethical manner, IQE and MannBenham have collaborated to establish a structure which can be used for a range of ethical purposes including Shariah compliance, ‘green’ social impact investment and philanthropy. This is a universally recognised company established for ethical purposes to meet individual principles (none of which are mutually exclusive) and which can be employed where Foundations or Trusts are not accepted to achieve a similar outcome.Read more.