|Original source law||Common law|
|Registration with Registrar of Companies||No||Yes|
|Separate legal personality||No||Yes|
|Confidentiality||Records not available for public inspection||Records not available for public inspection except when authorised by Secretary of Foundation or
FSC (Financial services Commission)
|Constitutive document||Trust deed||Charter and articles (if any)|
|Protector||Yes, may be designated||Yes, may be designated in the charter|
|Tax status||Tax exempt if non-resident||Tax exempt if non-resident|
|Redomiciliation||Allowed by change of trustee and proper law||Allowed|
|Asset ownership||Vested in trustee||Owns assets directly|
|Management of assets||By trustee||By council and officers|
|Duration||Up to 99 years for discretionary trust purpose. Trusts may have a perpetual duration.||Perpetual unless otherwise provided in the charter|
|Termination||Maybe revocable or irrevocable|
FSC*: Financial Services Commission.
Applicable by comparison for Mauritius, Seychelles, Belize and BVI.