Private Trust Companies (PTCs) in The Bahamas: Control and Confidentiality for Family Wealth

A Private Trust Company (PTC) allows families to manage their trusts directly while retaining confidentiality and control.

Benefits of a Bahamian PTC:

• Family representation on the board.
• Confidential handling of family trusts.
• Cost-effective for multiple trusts.
• Transparent legal framework under the FCSPA.

Establishing a PTC:

1. Incorporate under the IBC Act.
2. Appoint a Bahamian service provider.
3. Define governance and board duties.
4. Maintain compliance and reporting.

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