Guide to Family Investment Company’s (FICS)
A Family Investment Company (FIC) is a company structure that can be used for investment, wealth protection and succession purposes. FICs have become more popular in recent years, particularly since the Finance Act 2006 whereby several changes to the tax rules for UK trusts were introduced. In essence, this resulted in less agreeable initial and ongoing taxation for significant transfers into Trust.
These changes have meant that affluent individuals wishing to pass their wealth on to their family have had to consider alternative, more tax efficient, options.
In this guide we will cover the following:
• What is a Family Investment Company?
• How does a FIC work?
• Privacy and Confidentiality of a FIC
• Flexibility of a FIC
• Why set up a FIC?
• How do you retain control of your wealth in a FIC?
• Frequently Asked Questions
• How Fiducia can help you
Download your copy here: Guide to Family Investment Company’s (FICS)
Please note, this guide provides an overview on Family Investment Companies and does not constitute financial advice. To identify whether a FIC is right for you and your circumstances, you should seek regulated financial advice.