| Officially the Republic of Botswana | Pula (BWP) currency | Mixed, civil law and common law legal system | Parliamentary democratic republic | High quality of life | Double taxation agreements (DTAs) currently with over 20 countries | English speaking
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The primary appeal of a trust is the asset protection and privacy it provides. Because assets held in a trust are no longer technically owned by the settlor, they are often shielded from personal creditors and lawsuits.
A trust is a fiduciary relationship built around three primary roles in which one party, the Settlor or Grantor, transfers legal title of assets -such as real estate, stocks, or cash- to a second party, the Trustee (individual or corporate) to hold and manage them for the benefit of a third party, the Beneficiary or more beneficiaries.
OHADA stands for Organisation pour l’Harmonisation en Afrique du Droit des Affaires (Organisation for the Harmonisation of Business Law in Africa) was established in 1993.
