To register a Foundation under the Foundations Act 2016 is simple and will not take more than one day. There is a prescribed form (FFR1) and no prior Government approval is required.
The Application is made to the Registrar of Foundations through a licensed trustee company, in Form FFR1, accompanied by the Charter of the Foundation, the registration fee of US$200.00 which is fixed and Declaration by Registered Agent.
The Foundations Act 2016 provides for additional information which may be required to be lodged with the application for registration of a Foundation.