We incorporate and administer Private Trust Companies in Mauritius, which can act as corporate trustees for trusts set up by High Net Worth Individuals for the benefit of a single family, or for the benefit of different branches of the same family.

The Private Trust Company

The Private Trust Company (PTC) is a highly attractive estate planning tool. It allows individuals and families to structure their assets in one or more trusts, while still retaining a larger degree of control over their management than possible under straight trusts.

A PTC cannot act as trustee by way of business, i.e., to the public in general. It can only act as trustee for specified high net worth families or family groups, who are able to evaluate and assume the financial risks and economic consequences of their investments.

The administration, investment management services and investment advice required in connection with the trusts can be outsourced to licensed service providers. Since the activity of a PTC is generally reduced to that of an investment holding company, it can operate under the form of a Global Business Company, Licence category 1 or category 2 registered in Mauritius.

The granting of a category 2 Global Business Licence to the PTC is unique in the offshore landscape, in the sense that its cost of operation in the Republic of Mauritius is low, it is tax exempt, there is no obligation to have local directors nor to file accounts.

The involvement of the Settlor, or of family members, or of personal advisors on the board of directors of the PTC will allow a degree of direct control, as compared to a standard trust. There is no public register of directors and shareholders of the PTC, nor mandatory registration of the individual underlying trusts so that confidentiality is guaranteed.

AAMIL provides trust administration services in relation to any trust to which the PTC is a trustee and we also incorporate and manage PTCs.