The Bahamas Foundation is a popular vehicle today by virtue of the Foundations Act 2004. Some key attractions can be summarised as follows:

• A limited liability entity registered in The Bahamas
• Particularly popular in Latin America and continental Europe
• Tax exempt with no Bahamian financial reporting requirements
• May continue indefinitely with no perpetuity period
• Suitable for private, commercial and charitable purposes
• Useful in Private Trust Company structures

Foundations are playing an increasingly prominent role in international estate planning and IPG's services include:

• Establishing and maintaining foundations in The Bahamas
• Provision of the foundation council members and officers
• Provision of registered office and foundation secretary
• Full accounting services and preparation of annual financial statements