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ABOUT COOK ISLANDS TRUST |
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A Cook Islands trust is known as an International Trust and must have non-resident beneficiaries at all times. In addition, a licensed trustee must be appointed for exercising trust’s management and/or custody. A trust must be registered with the authorities within 45 days after its creation. There is no longer any perpetuity rule, and the rule against accumulations has been abolished too. A trust can be redomiciled to and from the Cook Islands. The Cook Islands International Trusts Act 1984 (as amended) ("the Act") creates a flexible tax effective environment in which the familiar English common law trust concept can be used for tax and estate planning and asset protection purposes. An international trust is defined as a trust registered under the Act and in respect of which the beneficiaries are non-residents of the Cook Islands and one of the trustees is a licensed trustee company or a Cook Islands international company. All information pertaining to an international trust is confidential and subject to the secrecy provisions of the Act. 
Financial
Supervisory CommissionNo responsibility is assumed for any inaccuracies contained in these documents.  International
Trusts Act 1984
Trustee Companies Act
1981-82 COOK ISLANDS TRUST PROVIDERS
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