|Original Source Law||Common Law|
|Registration with Registrar of Companies||No||Yes|
|Separate Legal Personality||No||Yes|
|Confidentiality||Records not available for public inspectio||Records not available for public inspection except when authorized by Secretary of Foundation or FSC*|
|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|
|Re-Domiciliation||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||Can be wound up by a unanimous resolution of its Council, whose members are|
FSC*: Financial Services Commission.
Applicable of Comparison for Mauritius, Seychelles, Belize and BVI.