Cryptocurrency Q&A Can you create a trust in Germany?|Although the concept of trusts is not formally recognised in German law, . This company is established to act similarly to a trustee and therefore will not engage in commercial activity.options such as creating a trustee company are available

Can you create a trust in Germany?|Although the concept of trusts is not formally recognised in German law, . This company is established to act similarly to a trustee and therefore will not engage in commercial activity.options such as creating a trustee company are available

ShintoMystic ShintoMystic Sun Jun 09 2024 | 5 answers 1450
Could you please elaborate on the possibility of establishing a trust in Germany? It seems that while the legal framework does not formally acknowledge the concept of trusts, there are workarounds such as the establishment of a trustee company that operates analogously. Could you explain how such a company differs from a traditional commercial enterprise and how it functions in lieu of a formal trust structure? Additionally, are there any specific legal requirements or regulations that need to be adhered to when pursuing this alternative route? Thank you for your assistance. Can you create a trust in Germany?|Although the concept of trusts is not formally recognised in German law, . This company is established to act similarly to a trustee and therefore will not engage in commercial activity.options such as creating a trustee company are available

5 answers

SamuraiWarriorSoul SamuraiWarriorSoul Tue Jun 11 2024
Cryptocurrency and finance are intertwined fields that have seen explosive growth in recent years. As a professional practitioner in this domain, I have witnessed the emergence of various digital assets and the evolution of financial markets. Cryptocurrencies, such as Bitcoin and Ethereum, have revolutionized the way we think about money and transactions.

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CryptoMagician CryptoMagician Mon Jun 10 2024
BTCC's wallet service is another notable aspect of its offerings. The wallet provides a secure and convenient way for users to store their cryptocurrencies. It offers multiple layers of security, including encryption and two-factor authentication, ensuring the safety of users' funds. This is crucial in the cryptocurrency world, where security breaches and hacks are a constant threat.

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HanRiverVisionary HanRiverVisionary Mon Jun 10 2024
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SumoStrength SumoStrength Mon Jun 10 2024
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KimonoGlitter KimonoGlitter Mon Jun 10 2024
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