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 a substantial private equity backed company invested in Indian residential property located in 7 major cities, I worked with IQE for 7 years. IQE provided administration services including the provision of a professionally qualified chartered secretary and I found them to be always professional, responsive and knowledgeable. The long term relationship reflected our confidence in their reliable services and proactive attitude. I would happily recommend IQE to others requiring their services. Neil Everitt, Chairman, S.A.R.E. Group
IQE raised £3356.00 for their charity of the year Isle of Man Breast Cancer Support Group. IQE’s Social and Charitable Committee was delighted to present their cheque to representatives of the Isle of Man Breast Cancer Support Group at IQE’s offices recently.Read more.