A novel way to hold your shares in Companies

We are living an unprecedented period with the unfortunate Covid-19 situation in the world. We must deal with circumstances going out of hands with little time to prepare and plan, and certainly most of us would have wished that we could have planned things sooner and perhaps differently. Predicting the future has become a real challenge. We never know when another crisis could hit us. Take for example clients who have established companies in Mauritius and hold their shares in their individual name. The vast majority of them tend to overlook the potential consequences in respect of their shareholding upon their unfortunate demise. In such cases it is wise to consider the fate of their shares with a view to ensuring that the process for the transmission of their shareholdings to their heirs is as seamless and straightforward as possible. This requires careful thoughts on succession related issues and the ways and means to address them.

Please click HERE to read the full article.