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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As Chairman of Greenko Group plc, I have enjoyed a four year association with IQE during which time they not only provided administration, corporate governance and company secretarial support but also the [dedicated] services of Mike Brown FCIS as a qualified and experienced Company Secretary to act on our behalf. Throughout this time, I found IQE and their staff to be very helpful, patient and professional in their dealings. As a London Stock Exchange AIM listed company we undertook several complex multi-jurisdictions corporate transactions and I am particularly appreciative of IQE’s invaluable support on these occasions. Keith Henry, Chairman, Greenko Group Plc
IQE has announced its acquisition by the international fiduciary services business Boston Multi Family Office today 24 August 2020.Read more.