A foundation company is a type of legal entity or corporate structure that is commonly used in offshore financial centers and jurisdictions known for their favorable tax and regulatory environments. Foundation companies are typically established for wealth management, estate planning, and asset protection purposes. While the specific regulations and characteristics of foundation companies can vary from one jurisdiction to another, they generally share some common features:
Asset Protection.
Beneficiaries.
Endowment.
Separate Legal Entity.
Privacy.
Governance.