ADMINISTRATION
REGULATORY ADMINISTRATION
The administration of your trust has become a legal requirement and not optional.
Our online system for trust administration is user friendly, unique, and fully integrates all banking, administration, and accounting services.
Our trust administration services include:
- Digital administration and record keeping,
- All resolutions and compliance requirements,
- Trust changes and records,
- Maintain assets and loan accounts,
- Quarterly and annual trustee meetings,
- Management accounts and Annual Financial Statements,
- SARS requirements and integration, and
- Communication with all relevant parties.
LEGAL ADMINISTRATION
The administration of your company is done in accordance with all legal requirements.
Our legal administration services include:
- CIPC submission required for changes or related,
- Resolutions and minutes where required,
- Facilitation of SARS and other legal requirements, e.g. Annual Financial Statements.
- Drafting of all legal documentation
FACILITATION ADMINISTRATION
Assistance with required cash flow management, including forecasting as required in the family office or as requested by service providers such as auditors, etc
COMPLIANCE
Only a compliant entity is sustainable. ‘Global compliance’ is for an organization to follow all the laws, regulations, rules, and standards that apply to that organization across the globe. We facilitate and manage this information with you as well as other service providers where required, e.g., auditors, bankers, etc. We consider some of the most crucial compliance areas that may affect you,
TAX COMPLIANCE
We facilitate SARS requirements and coordinate with all relevant service providers to ensure all compliance are adhered to.
TRUST COMPLIANCE
We ensure that all requirements, laws, and regulations affecting a trust are adhered. This will include the Trust Property Control Act and related.
ANTI-MONEY LAUNDERING & RELATED COMPLIANCE (FICA)
We will automatically validate documents against third-party data and perform Anti Money Laundering (AML) screening.
AUDIT COMPLIANCE
We facilitate and coordinate all audits and related of all entities in the client’s group as required by law. This will also become part of the Compliance of the client.
Let FSST take on the compliance and FICA admin burden so that you can spend more time focused on your business.
FIDUCIARY
INDEPENDENT TRUSTEES
Trustees are the guardians of the trust assets and have a duty to manage these assets in the best interest of the beneficiaries, as outlined in the trust deed. It is therefore important to choose the independent trustee that understands the vision the founder has for the trust and his family……
ACCOUNTING AND TAX
ACCOUNTING AND TAX
Our accounting and tax services include:
- Monthly accounting and related
- Cash flow management and forecasting
- Banking
- Regular required tax documentation
