It becomes more and more essential for purposes of asset protection, confidentiality, and diversification of risk, to hold local and foreign assets by combining an International Trust and an International Business Company with a Private Trust Company.

The PTC combination provides an interesting alternative to the standard type of Trust solutions; it enables families or individuals to achieve a greater flexibility, which will not only offer the settlor an integrated management of assets, but also the ability to retain involvement in their trust affairs. The use of a PTC in combination with a discretionary trust is an attractive solution to achieve such objectives.

A PTC can be established in Mauritius or New Zealand . In most instances, neither the settlor nor the beneficiaries (provided the settlor and the beneficiaries are non-residents) are liable for tax in Mauritius or New Zealand.

The ability to manage assets through a combination of trusts and companies is proving increasingly valuable, and the legislation in force in Mauritius or New Zealand provides an effective framework for the conduct of international fiduciary activities, and for providing services in that respect.