Differences between trust, holding and shell companies

According to the International Consortium of Investigative Journalists, Singapore-based company Asiaciti Trust has helped to set up and manage trusts and shell companies in secrecy jurisdictions for hundreds of clients across the world.

The consortium received a trove of leaked documents dubbed the Pandora Papers, including some from Asiaciti Trust.

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A version of this article appeared in the print edition of The Straits Times on October 14, 2021, with the headline 'Differences between trust, holding and shell companies'. Subscribe