Private Foundation Management
Fixed annual management fee*
USD 3,500 Formation & 1st year management
For purposes of international tax and estate planning the private foundation has been introduced as a flexible variant of the long existing ‘common’ foundation which variant is comparable to a trust.
The Dutch name is Stichting Particulier Fonds, abbreviated SPF.
The SPF is a versatile instrument under the restriction it may not conduct a business or enterprise for profit. Managing its assets (equity, debt, cash, real estate, other), acting as a holding corporation, or participating as a partner in a limited partnership is allowed and not regarded as conducting a business. Under the provisions of Book 2 of the Civil Code, the foundation may and should invest its assets.
There are no limits on the type of investments. PYGG’s SPF management is in accordance with the highest compliance standards at very affordable rates.
*Our fixed pricing package is applicable for foundations with the general purposes of passive holding of real estate, shares & other asset classes, additional services required by our clients will be billed at our hourly rates. PYGG B.V. is a trust service provider regulated by the Central Bank of Curacao and Sint Maarten.
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