Private Trust Companies and the Cook Islands Solution
How Private Trust Companies in the Cook Islands Can Help Safeguard Your Wealth: A Comprehensive Guide Private trust companies (“PTCs”) are established with the sole purpose of acting as a corporate trustee to one or more family, or otherwise related, trusts and are becoming increasingly popular with settlors when deciding who to appoint as trustee […]
Simple and efficient vessel registration with Maritime Cook Islands
The Cook Islands operates an Open Register for all vessels, including merchant and fishing vessels and commercial and private yachts. Maritime Cook Islands Limited performs the Flag State responsibilities on behalf of the Cook Islands government through the Ministry of Transport. Registrations are compliant with the Cook Islands Ship Registration Act 2007, IMO Conventions and […]
The benefits of setting up a Managed Trustee Company in the Cook Islands
The ability to access the Cook Islands strong legal and regulatory framework as well as its independent and robust judicial system, without the need to establish a physical presence, has always been an option for those looking to carry on trustee company business in the Cook Islands. The cost of setting up and maintaining a […]
6 planning opportunities provided by Trusts
As the political movement to establish global transparency on tax matters continues, the confidentiality and privacy of one’s financial affairs remains uncertain. Whilst offering legitimate confidentiality and privacy, trusts have become, after centuries of use, the traditional vehicle for wealth structuring for many other reasons – reasons that encompass personal, business and philanthropic objectives. As […]
A Trust you can Trust
With the International Relationship Property Trust (IRPT), the Cook Islands’ financial services industry is reinforcing its position as a key member of the international financial services community. In a special CEO Insight Report, Cook Islands Finance discusses how this unique new asset management tool can be used to protect matrimonial property against the consequences of […]
International Relationship Property Trust features at STEP Asia 2022
The Society of Trust and Estate Practitioners (STEP) is a global professional body, comprising lawyers, accountants, trustees and other practitioners that help families plan for their futures. STEP has more than 21,000 members in 96 countries. Annually STEP holds the STEP Asia Conference, alternating between Singapore and Hong Kong. This year’s event was held at […]
The International Relationship Property Trust: Planning for the financial security of HNW families
This article was written by Reuben Tylor, Principal of Trustees & Fiduciaries Cook Islands Ltd who was instrumental in writing this innovative legislation. It first appeared in a CEO Insight Special Report in October 2022.High Net-Worth families, together with their advisers and financial planners, often overlook the damage to family assets that may follow the […]
A positive outcome for the Cook Islands at the Monaco Yacht Show
The Monaco Yacht Show held in Monte Carlo at Port Hercules 28th September to 1st October 2022 was very positive for Cook Islands Finance and Maritime Cook Islands. Cook Islands Finance and Maritime Cook Islands shared a booth at the event with its South Pacific cousins (Tahiti Tourism, Fiji Tourism and Australia). It was Cook […]
