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Charitable Trusts

Charitable trusts are set up to hold money or assets and carry out activities for the benefit of the community. They can be formed for the purpose of:

  • Promoting education
  • Poverty relief
  • Promoting religion
  • Miscellaneous benefit to the community

A charitable trust, as registered by the Registrar of Incorporated Societies, gains tax benefits when approved by the IRD. These tax breaks include the absence of duty on gifts to the trust and the absence of tax on income earned by the trust.

We can advise you on the set up of a Charitable Trust in conjunction with professional legal advice.

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