Foundations and trusts

 
Kromann Reumert represents and administers a large number of commercial and general charitable foundations and associations. We are experienced in family foundations and often help  parties set up trusts in cooperation with our international network.

Setting up and administering foundations and trusts

Kromann Reumert's advice includes the following:

Danish foundations or associations

• formation
• preparation of articles of association
• registration
• special registration fees
• taxation of current income and subsequent gifts/contributions
• amendments to the articles of association
• cessation or mergers

Trusts

• formation
• tax treatment in the event of
• repatriation to Denmark
• receipt of ongoing payments
• receipt of distribution upon the founder's death
• dissolution