In the world of international wealth planning, the Cayman Islands have long been synonymous with stability, sophistication, and strategic flexibility. While trusts have traditionally taken centre stage, an increasingly valuable and versatile structure is making its mark: Cayman foundations. At Harneys Fiduciary, we not only recognise their potential, but also offer bespoke solutions to help clients leverage its advantages.
by Natalia Alvarez - Director, London
Richard Gordon - Managing Director, Cayman Islands
What is a Cayman foundation?
Regulated under the Foundation Companies Act (As Amended), this hybrid structure offers unparalleled flexibility. Unlike a traditional trust, a foundation company enjoys separate legal personality, enabling it to hold assets, enter into contracts, and operate as a distinct entity—all while maintaining the hallmark features of asset protection and succession planning.
Why should you consider a Cayman foundation?
The appeal of a Cayman foundation lies in its adaptability. These structures can serve a variety of purposes, from private wealth preservation and charitable giving to supporting commercial ventures. With no requirement for shareholders, the governance and objectives of the foundation are determined by its constitution, providing flexibility to meet the unique needs of families, businesses, and philanthropic projects.
A solution for civil law jurisdictions
Cayman foundations are increasingly appealing to clients from civil law jurisdictions, where trusts are often less familiar. Foundations offer a conceptually similar structure to those found in many civil law systems, making them a particularly attractive option for families and businesses navigating international wealth planning.
Expertise you can rely on
At Harneys Fiduciary, we bring extensive expertise to the establishment and administration of Cayman foundations. Our global team ensures seamless compliance with local regulations while tailoring solutions that align with your specific objectives. As the fiduciary landscape evolves, Cayman foundations represent a forward-looking solution for those seeking both continuity and flexibility in their wealth planning.
Authors:
Natalia Alvarez - Director, London
Richard Gordon - Managing Director, Cayman Islands
