A Foundation is a civil law entity that offers a unique blend of company and trust characteristics. Foundations are particularly popular with clients from civil law jurisdictions who are more familiar with this type of structure.
Unlike a trust, a Foundation has legal personality — it can own assets in its own name, enter into contracts, and sue or be sued. Unlike a company, it does not have shareholders and is not profit-driven.
SVG Foundations are governed by the Foundations Act and offer excellent asset protection, estate planning, and wealth management capabilities.