Forming a foundation is especially beneficial when the ultimate beneficial ownership of a company or business, including investment assets needs to be structured in a neat and orderly fashion. The functioning of Foundations in Bulgaria is governed by a thorough and far-reaching statutory act. We can provide professionals to act as some or all of the governors under trust. The founder(s) of the foundation can be any person and even a third person. The beneficiaries can be either explicitly named persons or people that meet certain criteria or decided by the board. In all cases the structure can be fine-tuned to meet your needs, requirements and ultimate objectives. This structure can be used for both temporary and permanent needs and survive generations intact.