Can a Trust be formed for a Foreigh Beneficiary ?

Querist :
Anonymous
(Querist) 10 December 2009
This query is : Resolved
Hi,
Can a Trust be formed in India with a sole Indian Trustee and a Foreign beneficiary ? The beneficiary is a minor and can get a court clearnace ( from country of his residence) for him becoming a beneficiary. The Trust formation is for a business purpose. Also , should the deed
be registered in India only ?
Thanks for your valued opinions
Shri
Raj Kumar Makkad
(Expert) 10 December 2009
Such trust is no heard earlier and is part of India practice.