About Dennings (Trustees) Limited

Dennings (Trustees) Limited is a fully licensed and regulated trust company operating in St Vincent and the Grenadines, where the Offshore Finance Authority regulates us.

Our services include the formation of offshore trusts, the incorporation of offshore international business companies, the formation of mutual funds and the establishment of offshore banks. We are also able to obtain banking services for all our clients, and we will provide an accounting service for our client companies.

In the areas of mutual fund management and administration, we will perform the administration of mutual funds (including the calculation of NAV). Where we act as investment manager to mutual funds, we will sub-delegate this function back to our clients to ensure that our clients get a substantial share of the fee income.

Dennings is a specialised law firm operating in St Vincent and the Grenadines. We offer professional services in all aspects of international tax planning, private wealth preservation, and many areas of corporate and commercial law.

Our services span many jurisdictions, including, St Vincent and the Grenadines and the British Virgin Islands. In addition, we are able to call upon the expertise of lawyers admitted and practising in England, Canada, and the Cayman Islands.

Our services include:

Formation of Offshore Companies

Dennings Trustees is able to act for its clients who wish to form international business companies in St Vincent and the Grenadines. Also, working through a BVI registered agent Crescent Corporate Services Ltd we are able to facilitate the formation of entities in the British Virgin Islands. If required, we are also able to provide nominee directorships and nominee shareholders to any entity established for our clients. All of our services are competitively priced.

Establishing Offshore Trusts

Dennings Trustees is able to facilitate or provide trustee services in any of the 2 jurisdictions named above. We are prepared to act as trustees or protectors in relation to any of these trusts.

Formation of Mutual Funds

Dennings Trustees is able to establish or facilitate the establishing of mutual funds in either St Vincent or the British Virgin Islands. We will establish the fund, apply for its licence, and assist with the administration of the fund once it has commenced trading. We will draft or review the prospectus and provide or procure any legal opinion as required. We will also draft any ancillary agreements as instructed by our clients.

Formation of Captive Insurance Companies

Dennings Trustees is able to assist its clients in establishing captive insurance companies in St Vincent and the Grenadines. Working through our network of contacts, we are also able to facilitate the formation of such companies in the British Virgin Islands.

To download a copy of the laws pertaining to any of the above services, please visit the website of the Offshore Finance Authority.

Isaac Legair - Director of Dennings (Trustees) Limited

Mr Legair read Finance & Investment Analysis at South Bank University where he took the MA with distinction. He later read the postgraduate diploma in Law at the University of Wolverhampton, and the LLM in Corporate and Commercial Law at the London School of Economics. He qualified as a Barrister at the Inns of Court School of Law and was called to the Bar by the Honourable Society of Lincoln's Inn in 1997 and by the Eastern Caribbean Supreme Court in both St Vincent and the British Virgin Islands. He is a Fellow of the Chartered Association of Certified Accountants (ACCA) and the Society of Trusts and Estate Practitioners (STEP).

Mr Legair read a commercial pupillage at 3 Verulam Buildings, Gray's Inn specialising in banking and professional negligence. He also worked in the legal department of Credit Agricole Indosuez, a leading investment bank in the City of London, where he specialised in private banking. Prior to that, he was employed as Financial Accountant to Barlow Lyde & Gilbert, a leading firm of solicitors in the City of London.

Subsequently, Mr Legair was employed at Euro American Trust and Management Services Ltd in the Brritish Virgin Islands. His various roles included: In House Counsel, Director of Mutual Funds, Insurance Manager and Compliance Officer. Prior to that he was head of the regulatory unit in St Lucia, and was responsible for launching that country into the world of offshore financial services.

Mr Legair's unpublished academic writings include: "English Law Bank Guarantees Inin times of Insolvency" and "The Trinidad and Tobago Stock Exchange: Tests of Weak-Form Efficiency"; and "Modern Portfolio Theory- A Primer" which appeared in Trust Law International.