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Foundations

A Private Foundation is a form of legal entity, which acts like a Trust and operates like a Company, but without members or shareholders.

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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Simcocks Advocates have worked closely with IQE on both real estate and other private and commercial transactions over a number of years, and from our experience, IQE always strive to deliver the highest standards of service to both private and corporate clients alike. Their attention to detail, strong work ethic and listed corporate governance experience set them apart from other service providers. Phil Games, CEO, Simcocks Advocates Limited

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