Trust Services
Chetcuti Cauchi advises extensively in the use of trusts in the
international context.
CCA's
trust company,
Claris Trustees & Fiduciaries Ltd., is today one of Malta’s
foremost fiduciary companies.
Chetcuti Cauchi Advocates provides assistance in tax planning and in the setting up and
management of trusts
in Malta or elsewhere as well as the recognition in Malta of foreign trusts.
Nominee Services
Our fiduciary company can also act as nominee shareholder to hold shares in a
company incorporated by us if we are satisfied that the underlying reasons
are legitimate.
Escrow Services in Malta
The firm can provide escrow agency services in local or international
private or commercial transactions.
Trusts in Malta
The
setting up of
trusts in Malta is regulated by the
Trusts and
Trustees Act. The Act provides for the creation of trusts and for the
authorisation and supervision of trustees. In this regard, the MFSA is the
competent authority for the purposes of the Act. The Act incorporates
within its provisions the Hague Convention on the Law Applicable to Trusts
and on their Recognition which Malta has ratified.
Trust Companies in Malta
The concept of trust companies has also found its way into the Maltese
legal system. Trust companies, often confused with trusts, are companies
which are capable of holding participations in their own name but on
behalf of third parties. In Malta, trust companies are now authorised and
regulated by the
Trusts and
Trustees Act.
.
