Fully Managed Foundations

Private Foundations are a unique form of legal entities that look like companies but act like trusts. They are self-owning entities, internationally recognized on the basis of the principles of private international laws.

Chancellors Corporate provides a full range of foundation services, including:

  • Acting as sole, joint or successor foundation council member
  • Preparation and implementation of specially drafted foundation charters and regulations
  • Preparation of financial statements for beneficiaries
  • Liaison with protectors, bankers, investment advisers, lawyers and taxconsultants to ensure protection of the foundation’s interests
  • Administration of assets and maintenance of the foundation and its records in accordance with all statutory obligations relevant to the jurisdiction of The Bahamas

Trusts

Chancellors Corporate complements the key features of a Bahamian trust by combining experience, efficiency and reliability.

We have considerable experience with setting up Bahamian Trusts and through our network of intermediaries in other jurisdictions, we are able to provide clients with advice of a truly international character.

Our services include:

  • Preparation and implementation of the trust deed or settlement
  • Liaison with settlers and their professional advisors to ensure that the trust is set up efficiently
  • Accounting services, including regular statements as required by the settler and beneficiaries
  • Arrangements concerning independent advice on legal and tax matters
  • Protector services

Financial Services

Chancellors Corporate range of services not only consists of assistance in opening bank accounts, but also includes continuous management of clients’ financial affairs.

Opening of bank accounts

  • Bank accounts opened in prestigious financial centres
  • Deposit accounts attracting various rates of interest
  • Current accounts
  • Stock brokerage accounts
  • Credit and debit cards

Assets and funds administration

  • Authorised signatories
  • All funds under management protected by 4-eye principle
  • All signatories are members of Chancellors Corporate key staff

Corporate Management & Incorporation Services

We offer a wide range of administrative and management services for companies and are capable of incorporating companies in several jurisdictions including The Bahamas, The British Virgin Islands, Cayman Islands, Nevis, Panama, The United States of America & The United Kingdom.

The services we offer ensure proper management of the company and include:

  • Appointment of professional managers as directors of the company
  • Maintenance of corporate registers and records
  • Convocation and attendance at directors meetings
  • Nominee Shareholder Services
  • Negotiation and execution of legal undertakings on behalf of the company
  • Raising invoices and execution of transactions in compliance with the business requirements of the company
  • Submission of all mandatory information, registration forms and returns, in compliance with the statutory requirements
  • Provision of bookkeeping services in compliance with statutory requirements
  • Preparation of accounts of the company

Corporate Services