Mauritius Trust
Trusts in Mauritius are governed by the Trusts Act 2001. A trust is created when an individual or a legal entity (Settlor) gratuitously transfers the legal ownership of assets (Trust Property) to another person or persons (Trustees) to hold for the benefit of other person(s) termed as the Beneficiaries or for a specific purpose.
The Trustee administers the assets and may distribute them to the Beneficiaries in accordance with the terms of the trust deed and the proper law of the trust.