Tuesday, April 3, 2012

Bahamas Executive Entity

The Bahamas Executive Entity (BEE) legislation was enacted to create a legal entity that can be used as a power holder and therefore act as a trust protector, shareholder (of a PTC) trustee etc.

The liability of the BEE council members is similar to that of an IBC so combined with the limited liability the BEE is expected to be a popular solution as a vehicle that can hold important powers in a complex structuring.

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