Curacao Private Foundations, known in Dutch as a “Stichting Particulier Fonds” or “SPF,” are a corporate structure that can be used to manage current and future investments using a cost-effective, flexible instrument that will grow in step with your changing needs and enable you to deal smoothly and efficiently with all opportunities and contingencies the future may bring.

The SPF is equally useful to an established business professional with complex or diverse needs who finds it difficult to find the time to juggle the competing demands of estate planning and multiple investment holdings, or to one who wants to consolidate private family holdings under a single, tax-free, easy-to-manage umbrella that will survive over many generations and continue providing for multiple beneficiaries.

With simplicity, flexibility and anonymity, the Curacao private foundation structure combines the protections of a corporation with the absolute control of a trust.

Why Should I Use SPFs?

Many investors and families currently maintain multiple offshore entities in other tax havens such as the British Virgin Islands or Cayman Islands for different investments. This can be cumbersome and inefficient. A single Curacao foundation can be used for a multitude of personal and corporate business needs, such as preserving an individual’s family assets, facilitating estate planning, or acting as a limited liability holding company for shareholdings or securities in any number of other entities. Those with existing offshore holding companies can easily transfer them into the SPF without changing current banks or brokers. This helps centralize the coordination and management of multiple assets if needed. The SPF’s high level of confidentiality and offshore status enables its holdings, of whatever nature, to be protected from creditors. It is a low-cost, tax-free entity over which the Founder retains complete control.

Establishing the SPF is quick, inexpensive and straightforward – We act as a "one-stop shop." Maintaining and running the SPF is the same: simple written instructions to Pamir Law Group (or other designated manager, known as the “Protector” of the SPF) ensures the Founder’s instructions are carried out with regard to any of the assets held in the SPF. From day one, the Founder has absolute control and complete confidentiality.

Advantages of the SPF

Assets

the SPF can hold:

• Securities (stocks, bonds, mutual funds, options, etc.)
• Liquid currency (cash, deposit accounts)
• Real estate
• Valuable personal property
• Shares in other entities
• Retirement Plans
• Patents / Copyrights / Trademarks
• Foreign assets / Bank accounts
• Any kind of asset

Confidentiality

• Founder’s name does not appear in any public records
• There is no way to trace Founder’s name/identity to the SPF
• The SPF is formed via Pamir Law Group, so Founder also protected by attorney-client confidentiality
• Names of and provisions for any beneficiaries under the SPF remain confidential

Control

• Founder maintains complete control during Founder’s lifetime
• Founder can change beneficiaries at any time
• Founder can change the Board of Directors at any time
• Founder has complete control over any distributions made
• Founder has complete control over what beneficiaries receive and how
• The SPF structure has an unlimited duration and can survive for generations

Structure

• The SPF is governed by a Board of Directors, professionals specially provided for this purpose in Curaçao who are essentially controlled by the Founder.
• Founder manages the SPF through a “Protector” who instructs the Board of Directors on Founder’s behalf. Founder can appoint any third party to act as Protector, including Pamir Law Group. Using Pamir Law Group is advantageous because it adds an extra layer of confidentiality through attorney-client privilege.
• Founder can instruct the Protector to appoint a Supervisory Board on Founder’s behalf to oversee the work of the Board of Directors.