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DIGITAL ASSET ENTERPRISE

Trust in the global digital era

Trust in the global digital era

Trust in the global digital era

In today's evolving digital landscape, businesses operating in the digital asset space face unique challenges when it comes to managing and safeguarding their assets. By leveraging the power of a trust structure, Digital Asset Enterprises can navigate the complexities of the digital asset realm with confidence and peace of mind.

In today's evolving digital landscape, businesses operating in the digital asset space face unique challenges when it comes to managing and safeguarding their assets. By leveraging the power of a trust structure, Digital Asset Enterprises can navigate the complexities of the digital asset realm with confidence and peace of mind.

OVERVIEW

Digital asset storage and security

Where and how are my company's digital assets held?

01

In cold storage in our secure Hong Kong offices, with bank level security.

02

In your own digital asset wallet, inside your UTGL global offshore trust.

We understand that ensuring the safety and security of our clients' funds is of utmost importance, and we take this responsibility very seriously.

KEY BENEFITS

Bank-grade safety technology

For your complete peace of mind, we use bank-grade technology and similarly secure, associated service providers to ensure the safekeeping of your assets. This includes the use of DBS Bank's digital custody and the MPC-based wallet solution provided by Fireblocks.

Our system employs a comprehensive, systemic, multi-level approval and auditing process, accompanied by Fireblocks MPC at the transactional and bank levels, to ensure that no one person or group of persons can move client funds in either digital, fiat or any other asset in our custodial care.

Dedicated account monitoring team

Our dedicated account team monitors client and treasury balances every day, ensuring that all treasury movements are monitored in real-time for any suspicious activity. The safety and security of our clients' assets and allowing them to sleep soundly at night are our top priority.

UTGL's commitment to limited counterparty exposure

We prioritise the safety of our clients' assets by limiting their exposure to counterparties. This means that client funds are only exposed to extremely low risk or licensed institutions when executing trades or fund movements, ensuring that the risk to your funds in any event is minimised as far as possible. This is the UTGL peace of mind advantage and sets us apart from other solutions.

COMPARISON

The UTGL Trust advantage: beyond traditional banking

Discover why a Trust Account offers superior benefits for wealth management and asset protection.

Trust Custodian vs Other Crypto Wallets

Trust Custodian

Other Crypto Wallets

Asset Security

High level of security measures, including cold storage, multi-signature wallets, and insurance coverage.

Security measures vary depending on the wallet provider. Some offer features like two-factor authentication and hardware wallet integration.

Regulatory Compliance

Adheres to applicable regulations, such as KYC (Know Your Customer), KYT via blockchain and AML (Anti-Money Laundering) requirements.

Compliance with regulations may vary depending on the wallet provider and jurisdiction. Some wallets may not require extensive user verification.

Asset Insurance

May offer insurance coverage for digital assets held in custody.

Insurance coverage may not be available for assets held in other wallets.

Private Key Management

Trustee instead of custodian.

Users retain control over their private keys, which may increase the risk of loss or theft if not properly secured.

Asset Recovery

Provides mechanisms for asset recovery in case of loss, theft, covered by insurance or other unforeseen circumstances.

Asset recovery options may be limited or non-existent in other wallets. Users are responsible for safeguarding their private keys and managing their own asset recovery strategies.

Customer Support

Typically offers dedicated customer support to assist users with any issues or inquiries.

Customer support availability and quality may vary across different wallet providers.

User-friendly Interface

One stop fintech platform allows users to access and monitor their digital assets 24/7.

Wallet interfaces can vary in terms of user-friendliness and additional features. Some wallets focus on simplicity, while others offer more advanced functionality.

Asset Security

Trust Custodian

High level of security measures, including cold storage, multi-signature wallets, and insurance coverage.

Other Crypto Wallets

Security measures vary depending on the wallet provider. Some offer features like two-factor authentication and hardware wallet integration.

Regulatory Compliance

Trust Custodian

Adheres to applicable regulations, such as KYC (Know Your Customer), KYT via blockchain and AML (Anti-Money Laundering) requirements.

Other Crypto Wallets

Compliance with regulations may vary depending on the wallet provider and jurisdiction. Some wallets may not require extensive user verification.

Asset Insurance

Trust Custodian

May offer insurance coverage for digital assets held in custody.

Other Crypto Wallets

Insurance coverage may not be available for assets held in other wallets.

Private Key Management

Trust Custodian

Trustee instead of custodian.

Other Crypto Wallets

Users retain control over their private keys, which may increase the risk of loss or theft if not properly secured.

Asset Recovery

Trust Custodian

Provides mechanisms for asset recovery in case of loss, theft, covered by insurance or other unforeseen circumstances.

Other Crypto Wallets

Asset recovery options may be limited or non-existent in other wallets. Users are responsible for safeguarding their private keys and managing their own asset recovery strategies.

Customer Support

Trust Custodian

Typically offers dedicated customer support to assist users with any issues or inquiries.

Other Crypto Wallets

Customer support availability and quality may vary across different wallet providers.

User-friendly Interface

Trust Custodian

One stop fintech platform allows users to access and monitor their digital assets 24/7.

Other Crypto Wallets

Wallet interfaces can vary in terms of user-friendliness and additional features. Some wallets focus on simplicity, while others offer more advanced functionality.

Trust Account (Asset Link Credit Card included) vs Bank Account

Trust Account (Asset Link Credit Card included)

Bank Account

Purpose

Asset Management and Inheritance Planning.

Used for personal or business banking transactions.

Ownership

Reserved Asset Management and Investment Power. Upon receiving settlor's instructions, the Trustee shall act on his or her behalf.

Owned by an individual or business.

Credit Card

Subject to the settlor's instruction, the beneficiaries can utilize trust assets via an asset-link credit card.

May offer a separate credit card as a banking product.

Credit Limit

Based on the assets held by your trust.

Based on the account holder's creditworthiness.

Interest

Funds held by your trust does not generate any interest. Settlor can opt to invest in different financial products.

May earn interest on the account balance.

Asset Protection

Segregated legal title. Assets are all held under the name of trustee.

Legal title to the assets is held by personal name. Hence, these assets could easily be subject to any potential claim.

Privacy

Trustee has no obligation to register or disclose the contents of the trust unless appropriate court order is granted or there are suspected criminal activities involved.

Bank account transactions may be subject to banking regulations and reporting requirements.

Usage Restrictions

It is a statutory requirement to segregate trustee's operating fund and client fund. Hence, trustee can only access client fund upon receiving instructions.

No restrictions on where the funds can be used.

Access to Funds

Our one stop fintech platform allows settlor to monitor his or her assets. By placing instruction via the designated platform, he can utilize or access the assets by a click.

Generally accessible through ATMs, checks, and online banking.

Financial Management

Settlor is allowed to instruct the trustee to subscribe all kinds of financial products.

Offers various banking services and financial products.

Legal Framework

Governed by local and international trust law.

Governed by banking regulations and consumer protection laws.

Injected Assets Type

May accept a wide range of assets, including cash, real estate, stocks, digital assets and more.

Typically accepts cash deposits and transfers.

Account Location

Trusts may maintain accounts in different countries, offering international diversification.

Typically limited to the country where the bank is located.

Offshore Custodian

Trusts may utilize offshore custodians for enhanced asset protection and international reach.

Not typically associated with offshore custodian services.

Digital Assets Management

Trusts may provide specialized services for managing digital assets, such as cryptocurrencies.

Only limited number of banks are willing to provide digital asset custody services.

Estate Planning

Trusts are commonly used for comprehensive estate planning, including wealth transfer and asset protection strategies.

May offer basic estate planning services.

Purpose

Trust Account (Asset Link Credit Card included)

Asset Management and Inheritance Planning.

Bank Account

Used for personal or business banking transactions.

Ownership

Trust Account (Asset Link Credit Card included)

Reserved Asset Management and Investment Power. Upon receiving settlor's instructions, the Trustee shall act on his or her behalf.

Bank Account

Owned by an individual or business.

Credit Card

Trust Account (Asset Link Credit Card included)

Subject to the settlor's instruction, the beneficiaries can utilize trust assets via an asset-link credit card.

Bank Account

May offer a separate credit card as a banking product.

Credit Limit

Trust Account (Asset Link Credit Card included)

Based on the assets held by your trust.

Bank Account

Based on the account holder's creditworthiness.

Interest

Trust Account (Asset Link Credit Card included)

Funds held by your trust does not generate any interest. Settlor can opt to invest in different financial products.

Bank Account

May earn interest on the account balance.

Asset Protection

Trust Account (Asset Link Credit Card included)

Segregated legal title. Assets are all held under the name of trustee.

Bank Account

Legal title to the assets is held by personal name. Hence, these assets could easily be subject to any potential claim.

Privacy

Trust Account (Asset Link Credit Card included)

Trustee has no obligation to register or disclose the contents of the trust unless appropriate court order is granted or there are suspected criminal activities involved.

Bank Account

Bank account transactions may be subject to banking regulations and reporting requirements.

Usage Restrictions

Trust Account (Asset Link Credit Card included)

It is a statutory requirement to segregate trustee's operating fund and client fund. Hence, trustee can only access client fund upon receiving instructions.

Bank Account

No restrictions on where the funds can be used.

Access to Funds

Trust Account (Asset Link Credit Card included)

Our one stop fintech platform allows settlor to monitor his or her assets. By placing instruction via the designated platform, he can utilize or access the assets by a click.

Bank Account

Generally accessible through ATMs, checks, and online banking.

Financial Management

Trust Account (Asset Link Credit Card included)

Settlor is allowed to instruct the trustee to subscribe all kinds of financial products.

Bank Account

Offers various banking services and financial products.

Legal Framework

Trust Account (Asset Link Credit Card included)

Governed by local and international trust law.

Bank Account

Governed by banking regulations and consumer protection laws.

Injected Assets Type

Trust Account (Asset Link Credit Card included)

May accept a wide range of assets, including cash, real estate, stocks, digital assets and more.

Bank Account

Typically accepts cash deposits and transfers.

Account Location

Trust Account (Asset Link Credit Card included)

Trusts may maintain accounts in different countries, offering international diversification.

Bank Account

Typically limited to the country where the bank is located.

Offshore Custodian

Trust Account (Asset Link Credit Card included)

Trusts may utilize offshore custodians for enhanced asset protection and international reach.

Bank Account

Not typically associated with offshore custodian services.

Digital Assets Management

Trust Account (Asset Link Credit Card included)

Trusts may provide specialized services for managing digital assets, such as cryptocurrencies.

Bank Account

Only limited number of banks are willing to provide digital asset custody services.

Estate Planning

Trust Account (Asset Link Credit Card included)

Trusts are commonly used for comprehensive estate planning, including wealth transfer and asset protection strategies.

Bank Account

May offer basic estate planning services.

FREQUENTLY ASKED QUESTIONS

Everything you need to know

How can I access our digital assets?

You have full “belt and braces” secure access to your digital assets and NFT’s at all times with UTGL, unlike with many other financial institutions in other jurisdictions who remain nervous about the regulatory environment surrounding digital assets. Under Hong Kong law, UTGL is legally obligated to safeguard the lawful ownership and control of your digital assets within the trust. We also strictly adhere to the highest standards of security protocols to ensure the safety of your assets.In accordance with Hong Kong legislation, UTGL cannot arbitrarily restrict your access to your digital assets in your global private trust under our professional custody. UTGL is legally bound to operate under strict governance. Our 15,000 square feet of physical office space has bank level security for your peace of mind. Our trust structure for digital assets acts as a bridge between the world of traditional finance and digital assets. Through our global network of third party providers and partners, and our own innovative solutions, your digital assets can be accessed in a number of ways, depending on how you hold them inside your trust, enabling you to creatively manage your corporations global financial operations. One of UTGL’s key strengths is our embedded, closed loop, off-ramp, which empowers you to convert digital assets to a wide range of fiat currencies, so that you can manage your credit card and invoice payments seamlessly. The benefit of managing your corporation’s digital asset treasury this way is that UTGL offers you to oversee the transaction, at low cost, with high efficiency, while minimising the currency exchange risk, because you skip the forex cost converting digital to fiat, while maintaining high levels of security, privacy and control.

How can I access our digital assets?

You have full “belt and braces” secure access to your digital assets and NFT’s at all times with UTGL, unlike with many other financial institutions in other jurisdictions who remain nervous about the regulatory environment surrounding digital assets. Under Hong Kong law, UTGL is legally obligated to safeguard the lawful ownership and control of your digital assets within the trust. We also strictly adhere to the highest standards of security protocols to ensure the safety of your assets.In accordance with Hong Kong legislation, UTGL cannot arbitrarily restrict your access to your digital assets in your global private trust under our professional custody. UTGL is legally bound to operate under strict governance. Our 15,000 square feet of physical office space has bank level security for your peace of mind. Our trust structure for digital assets acts as a bridge between the world of traditional finance and digital assets. Through our global network of third party providers and partners, and our own innovative solutions, your digital assets can be accessed in a number of ways, depending on how you hold them inside your trust, enabling you to creatively manage your corporations global financial operations. One of UTGL’s key strengths is our embedded, closed loop, off-ramp, which empowers you to convert digital assets to a wide range of fiat currencies, so that you can manage your credit card and invoice payments seamlessly. The benefit of managing your corporation’s digital asset treasury this way is that UTGL offers you to oversee the transaction, at low cost, with high efficiency, while minimising the currency exchange risk, because you skip the forex cost converting digital to fiat, while maintaining high levels of security, privacy and control.

How can I access our digital assets?

You have full “belt and braces” secure access to your digital assets and NFT’s at all times with UTGL, unlike with many other financial institutions in other jurisdictions who remain nervous about the regulatory environment surrounding digital assets. Under Hong Kong law, UTGL is legally obligated to safeguard the lawful ownership and control of your digital assets within the trust. We also strictly adhere to the highest standards of security protocols to ensure the safety of your assets.In accordance with Hong Kong legislation, UTGL cannot arbitrarily restrict your access to your digital assets in your global private trust under our professional custody. UTGL is legally bound to operate under strict governance. Our 15,000 square feet of physical office space has bank level security for your peace of mind. Our trust structure for digital assets acts as a bridge between the world of traditional finance and digital assets. Through our global network of third party providers and partners, and our own innovative solutions, your digital assets can be accessed in a number of ways, depending on how you hold them inside your trust, enabling you to creatively manage your corporations global financial operations. One of UTGL’s key strengths is our embedded, closed loop, off-ramp, which empowers you to convert digital assets to a wide range of fiat currencies, so that you can manage your credit card and invoice payments seamlessly. The benefit of managing your corporation’s digital asset treasury this way is that UTGL offers you to oversee the transaction, at low cost, with high efficiency, while minimising the currency exchange risk, because you skip the forex cost converting digital to fiat, while maintaining high levels of security, privacy and control.

Can I use my digital assets for my everyday corporate payments, global pay roll, and investment, including company shares, intellectual property, property, and equity and fixed-income markets?

Yes! This feature is at the core of our digital asset platform. We understand the need to use digital assets as a global, compliant payment medium as well as a diversified, secure, accessible, store of value as part of a wider treasury portfolio management strategy. Our global payments solution can be used to settle with digital assets or you can easily convert your digital assets into fiat before you send the payment. We cater to more than 140 countries, including China through UnionPay, without the risk of account freezes, in a compliant manner with lightning fast processing times. We deliver fast, accurate, local currency payments for our customers and have developed the ability to use a wide range of digital assets as the secure payment medium, to minimise currency exchange risks and save on foreign exchange fees. The process is streamlined to reduce the administrative burden and associated costs for even the largest multinational companies. Our AI can read a bill from an uploaded photo and pay it automatically through UTGL’s closed-loop network, using your digital assets. You can also schedule future, recurring payments on a weekly, monthly or annual basis and let UTGL take care of that for you, automatically. You can log in any time to check the progress of payments.

Can I use my digital assets for my everyday corporate payments, global pay roll, and investment, including company shares, intellectual property, property, and equity and fixed-income markets?

Yes! This feature is at the core of our digital asset platform. We understand the need to use digital assets as a global, compliant payment medium as well as a diversified, secure, accessible, store of value as part of a wider treasury portfolio management strategy. Our global payments solution can be used to settle with digital assets or you can easily convert your digital assets into fiat before you send the payment. We cater to more than 140 countries, including China through UnionPay, without the risk of account freezes, in a compliant manner with lightning fast processing times. We deliver fast, accurate, local currency payments for our customers and have developed the ability to use a wide range of digital assets as the secure payment medium, to minimise currency exchange risks and save on foreign exchange fees. The process is streamlined to reduce the administrative burden and associated costs for even the largest multinational companies. Our AI can read a bill from an uploaded photo and pay it automatically through UTGL’s closed-loop network, using your digital assets. You can also schedule future, recurring payments on a weekly, monthly or annual basis and let UTGL take care of that for you, automatically. You can log in any time to check the progress of payments.

Can I use my digital assets for my everyday corporate payments, global pay roll, and investment, including company shares, intellectual property, property, and equity and fixed-income markets?

Yes! This feature is at the core of our digital asset platform. We understand the need to use digital assets as a global, compliant payment medium as well as a diversified, secure, accessible, store of value as part of a wider treasury portfolio management strategy. Our global payments solution can be used to settle with digital assets or you can easily convert your digital assets into fiat before you send the payment. We cater to more than 140 countries, including China through UnionPay, without the risk of account freezes, in a compliant manner with lightning fast processing times. We deliver fast, accurate, local currency payments for our customers and have developed the ability to use a wide range of digital assets as the secure payment medium, to minimise currency exchange risks and save on foreign exchange fees. The process is streamlined to reduce the administrative burden and associated costs for even the largest multinational companies. Our AI can read a bill from an uploaded photo and pay it automatically through UTGL’s closed-loop network, using your digital assets. You can also schedule future, recurring payments on a weekly, monthly or annual basis and let UTGL take care of that for you, automatically. You can log in any time to check the progress of payments.

I’m always worried about security for digital assets. What security features do you offer?

In Hong Kong law, under Section 89, Chapter 29 of the Trustee Ordinance, all money, property and securities received or held by any trust company as a trustee must be kept separately from the trust company’s money, property and securities, in a segregated account. These segregated funds are earmarked in the trust company’s accounts to distinguish them from any other money, property and securities in the company’s register, to avoid co-mingling, for complete security and peace of mind. Therefore, no trust money shall form part of the company’s assets or be co-mingled with the company’s assets at any time. The client's trust assets can never be used to repay the debts of the trust company according to the Article 11 of Chapter 76 of the Hong Kong Trust Ordinance. Therefore, the trust assets are protected in law and are completely protected, even in the event of the collapse of the Trust Company. Compare this with both digital asset exchanges and custodial banks. Not only do they both face pressure due to sovereign risks, they both have the ability to utilize your assets at any time, whether it's for lending, trading, or other purposes, including freezing and even confiscation, which introduces significant risks to your digital assets. UTGL’s Global Private Trust offers the first layer of security for your digital assets. The trust is private, securing your digital assets against governments, creditors and legal action, in a lawful and compliant way. The next security layer is our 15,000 square feet of office space, should you wish to hold your digital assets there. Protected by bank-level security, you can rest easy knowing your UTGL, as your custodian, has thought of everything, for your peace of mind. Should you hold your digital assets with one of our integrated, third parties, our tech stack uses military grade encryption in a closed-loop network, securing your digital assets against intrusions by bad actors, whoever they may be.

I’m always worried about security for digital assets. What security features do you offer?

In Hong Kong law, under Section 89, Chapter 29 of the Trustee Ordinance, all money, property and securities received or held by any trust company as a trustee must be kept separately from the trust company’s money, property and securities, in a segregated account. These segregated funds are earmarked in the trust company’s accounts to distinguish them from any other money, property and securities in the company’s register, to avoid co-mingling, for complete security and peace of mind. Therefore, no trust money shall form part of the company’s assets or be co-mingled with the company’s assets at any time. The client's trust assets can never be used to repay the debts of the trust company according to the Article 11 of Chapter 76 of the Hong Kong Trust Ordinance. Therefore, the trust assets are protected in law and are completely protected, even in the event of the collapse of the Trust Company. Compare this with both digital asset exchanges and custodial banks. Not only do they both face pressure due to sovereign risks, they both have the ability to utilize your assets at any time, whether it's for lending, trading, or other purposes, including freezing and even confiscation, which introduces significant risks to your digital assets. UTGL’s Global Private Trust offers the first layer of security for your digital assets. The trust is private, securing your digital assets against governments, creditors and legal action, in a lawful and compliant way. The next security layer is our 15,000 square feet of office space, should you wish to hold your digital assets there. Protected by bank-level security, you can rest easy knowing your UTGL, as your custodian, has thought of everything, for your peace of mind. Should you hold your digital assets with one of our integrated, third parties, our tech stack uses military grade encryption in a closed-loop network, securing your digital assets against intrusions by bad actors, whoever they may be.

I’m always worried about security for digital assets. What security features do you offer?

In Hong Kong law, under Section 89, Chapter 29 of the Trustee Ordinance, all money, property and securities received or held by any trust company as a trustee must be kept separately from the trust company’s money, property and securities, in a segregated account. These segregated funds are earmarked in the trust company’s accounts to distinguish them from any other money, property and securities in the company’s register, to avoid co-mingling, for complete security and peace of mind. Therefore, no trust money shall form part of the company’s assets or be co-mingled with the company’s assets at any time. The client's trust assets can never be used to repay the debts of the trust company according to the Article 11 of Chapter 76 of the Hong Kong Trust Ordinance. Therefore, the trust assets are protected in law and are completely protected, even in the event of the collapse of the Trust Company. Compare this with both digital asset exchanges and custodial banks. Not only do they both face pressure due to sovereign risks, they both have the ability to utilize your assets at any time, whether it's for lending, trading, or other purposes, including freezing and even confiscation, which introduces significant risks to your digital assets. UTGL’s Global Private Trust offers the first layer of security for your digital assets. The trust is private, securing your digital assets against governments, creditors and legal action, in a lawful and compliant way. The next security layer is our 15,000 square feet of office space, should you wish to hold your digital assets there. Protected by bank-level security, you can rest easy knowing your UTGL, as your custodian, has thought of everything, for your peace of mind. Should you hold your digital assets with one of our integrated, third parties, our tech stack uses military grade encryption in a closed-loop network, securing your digital assets against intrusions by bad actors, whoever they may be.

The regulatory environment around digital assets is constantly changing. How does the UTGL protect me from regulatory overreach?

The trust acts as a shield from regulatory overreach and also as a highly effective, impenetrable tax wrapper around all your assets, including digital assets. As the SEC and Western governments struggle to understand how to regulate non-governmental digital assets, the complexity and regulatory pressure is very likely to build, as they seek to promote their own central bank digital currencies. These CBDC’s will likely become very effective surveillance tools as some governments attempt to move towards cashless societies. These CBDC’s are very likely to differ from established, non-governmental digital assets in key ways, including being linked to fiat currencies, with less privacy, and few, if any, taxation protections. As regulators seek to label digital assets as securities, they are attempting to gain control over the space in ways that may eventually harm holders of some digital assets. The global private trust offers a level of protection to UTGL customers from this creeping overreach.

The regulatory environment around digital assets is constantly changing. How does the UTGL protect me from regulatory overreach?

The trust acts as a shield from regulatory overreach and also as a highly effective, impenetrable tax wrapper around all your assets, including digital assets. As the SEC and Western governments struggle to understand how to regulate non-governmental digital assets, the complexity and regulatory pressure is very likely to build, as they seek to promote their own central bank digital currencies. These CBDC’s will likely become very effective surveillance tools as some governments attempt to move towards cashless societies. These CBDC’s are very likely to differ from established, non-governmental digital assets in key ways, including being linked to fiat currencies, with less privacy, and few, if any, taxation protections. As regulators seek to label digital assets as securities, they are attempting to gain control over the space in ways that may eventually harm holders of some digital assets. The global private trust offers a level of protection to UTGL customers from this creeping overreach.

The regulatory environment around digital assets is constantly changing. How does the UTGL protect me from regulatory overreach?

The trust acts as a shield from regulatory overreach and also as a highly effective, impenetrable tax wrapper around all your assets, including digital assets. As the SEC and Western governments struggle to understand how to regulate non-governmental digital assets, the complexity and regulatory pressure is very likely to build, as they seek to promote their own central bank digital currencies. These CBDC’s will likely become very effective surveillance tools as some governments attempt to move towards cashless societies. These CBDC’s are very likely to differ from established, non-governmental digital assets in key ways, including being linked to fiat currencies, with less privacy, and few, if any, taxation protections. As regulators seek to label digital assets as securities, they are attempting to gain control over the space in ways that may eventually harm holders of some digital assets. The global private trust offers a level of protection to UTGL customers from this creeping overreach.

I’m worried about future changes in the taxation of digital assets, especially as countries roll out CBDC’s. I suspect they may try to tax digital assets at a confiscatory level. How does UTGL comply with global tax and at the same time protect from government overreach?

Your UTGL Global Private Trust is impenetrable, except under a court order from a Hong Kong court, which is a very rare occurrence. It is free from VAT, withholding tax, CGT and inheritance tax. All foreign income is also exempt from local taxation in Hong Kong. The only way the government can access your digital assets on UTGL is if you hold them on a regulated exchange, or if they discover your wallet address. This is why your digital asset solution requires careful planning and advice with our world class digital asset advisers. We have a wealth of experience in designing tax optimising solutions, including in the digital space, for multinational companies and other organisations.

I’m worried about future changes in the taxation of digital assets, especially as countries roll out CBDC’s. I suspect they may try to tax digital assets at a confiscatory level. How does UTGL comply with global tax and at the same time protect from government overreach?

Your UTGL Global Private Trust is impenetrable, except under a court order from a Hong Kong court, which is a very rare occurrence. It is free from VAT, withholding tax, CGT and inheritance tax. All foreign income is also exempt from local taxation in Hong Kong. The only way the government can access your digital assets on UTGL is if you hold them on a regulated exchange, or if they discover your wallet address. This is why your digital asset solution requires careful planning and advice with our world class digital asset advisers. We have a wealth of experience in designing tax optimising solutions, including in the digital space, for multinational companies and other organisations.

I’m worried about future changes in the taxation of digital assets, especially as countries roll out CBDC’s. I suspect they may try to tax digital assets at a confiscatory level. How does UTGL comply with global tax and at the same time protect from government overreach?

Your UTGL Global Private Trust is impenetrable, except under a court order from a Hong Kong court, which is a very rare occurrence. It is free from VAT, withholding tax, CGT and inheritance tax. All foreign income is also exempt from local taxation in Hong Kong. The only way the government can access your digital assets on UTGL is if you hold them on a regulated exchange, or if they discover your wallet address. This is why your digital asset solution requires careful planning and advice with our world class digital asset advisers. We have a wealth of experience in designing tax optimising solutions, including in the digital space, for multinational companies and other organisations.

I want to pass my digital asset enterprises to my children when I die. How does that work with UTGL?

As the Global Private Trust settlor, you can nominate any beneficiaries you want to your trust, including your children, spouse, business partners, other family members, charity causes close to your heart, or any other party you deem suitable as a beneficiary for your assets. This includes your digital assets, held inside the trust in one of the ways already discussed. The trust falls outside your estate upon execution, so that in the event of your death, it is not subject to inheritance tax in other legal jurisdictions where you may hold other assets, like pension funds, investments and properties, which may attract inheritance tax. Your trust is also not subject to probate, so trust assets can be used to settle inheritance tax liabilities in other jurisdictions as they fall due, avoiding the need for forced asset sales by your beneficiaries, at potentially unfavourable prices.

I want to pass my digital asset enterprises to my children when I die. How does that work with UTGL?

As the Global Private Trust settlor, you can nominate any beneficiaries you want to your trust, including your children, spouse, business partners, other family members, charity causes close to your heart, or any other party you deem suitable as a beneficiary for your assets. This includes your digital assets, held inside the trust in one of the ways already discussed. The trust falls outside your estate upon execution, so that in the event of your death, it is not subject to inheritance tax in other legal jurisdictions where you may hold other assets, like pension funds, investments and properties, which may attract inheritance tax. Your trust is also not subject to probate, so trust assets can be used to settle inheritance tax liabilities in other jurisdictions as they fall due, avoiding the need for forced asset sales by your beneficiaries, at potentially unfavourable prices.

I want to pass my digital asset enterprises to my children when I die. How does that work with UTGL?

As the Global Private Trust settlor, you can nominate any beneficiaries you want to your trust, including your children, spouse, business partners, other family members, charity causes close to your heart, or any other party you deem suitable as a beneficiary for your assets. This includes your digital assets, held inside the trust in one of the ways already discussed. The trust falls outside your estate upon execution, so that in the event of your death, it is not subject to inheritance tax in other legal jurisdictions where you may hold other assets, like pension funds, investments and properties, which may attract inheritance tax. Your trust is also not subject to probate, so trust assets can be used to settle inheritance tax liabilities in other jurisdictions as they fall due, avoiding the need for forced asset sales by your beneficiaries, at potentially unfavourable prices.

Can I safely invest digital assets inside the Global Private Trust?

You certainly can! UTGL has native integrations with leading, third party offshore global digital asset exchanges and prime brokerage accounts to enable trading in digital assets offshore for all trusts as standard. With a UTGL trust account, you also have access to digital assets interest bearing products and staking services at our global licensed partners, so that if you are simply wanting to diversify your treasury portfolio via digital assets, your assets are working hard for you in the background.

Can I safely invest digital assets inside the Global Private Trust?

You certainly can! UTGL has native integrations with leading, third party offshore global digital asset exchanges and prime brokerage accounts to enable trading in digital assets offshore for all trusts as standard. With a UTGL trust account, you also have access to digital assets interest bearing products and staking services at our global licensed partners, so that if you are simply wanting to diversify your treasury portfolio via digital assets, your assets are working hard for you in the background.

Can I safely invest digital assets inside the Global Private Trust?

You certainly can! UTGL has native integrations with leading, third party offshore global digital asset exchanges and prime brokerage accounts to enable trading in digital assets offshore for all trusts as standard. With a UTGL trust account, you also have access to digital assets interest bearing products and staking services at our global licensed partners, so that if you are simply wanting to diversify your treasury portfolio via digital assets, your assets are working hard for you in the background.

Ready to get started?

Unlock the power of trust with UTGL today. Take the first step by exploring our Trust Platform or create an account for an instantly rewarding experience.

© 2024 UTGL. All rights reserved.

Disclaimer: The information provided on this website is for informational purposes only. It should not be considered legal, financial or tax advice. UTGL makes no representations as to the accuracy, completeness, suitability or validity of any information on this site and will not be liable for any errors, omissions or delays in this information or any losses, injuries or damages arising from its display or use. All information is provided on an as-is basis.


This website may contain links to external websites that are not provided or maintained by or in any way affiliated with UTGL. Please note that the UTGL does not guarantee the accuracy, relevance, timeliness or completeness of any information on these external websites.


Links to external websites are provided as a courtesy and do not imply UTGL's endorsement of those sites or their content, products or services. UTGL assumes no liability for damages resulting from the use of or reliance upon the information provided herein.

Ready to get started?

Unlock the power of trust with UTGL today. Take the first step by exploring our Trust Platform or create an account for an instantly rewarding experience.

© 2024 UTGL. All rights reserved.

Disclaimer: The information provided on this website is for informational purposes only. It should not be considered legal, financial or tax advice. UTGL makes no representations as to the accuracy, completeness, suitability or validity of any information on this site and will not be liable for any errors, omissions or delays in this information or any losses, injuries or damages arising from its display or use. All information is provided on an as-is basis.


This website may contain links to external websites that are not provided or maintained by or in any way affiliated with UTGL. Please note that the UTGL does not guarantee the accuracy, relevance, timeliness or completeness of any information on these external websites.


Links to external websites are provided as a courtesy and do not imply UTGL's endorsement of those sites or their content, products or services. UTGL assumes no liability for damages resulting from the use of or reliance upon the information provided herein.

Ready to get started?

Unlock the power of trust with UTGL today. Take the first step by exploring our Trust Platform or create an account for an instantly rewarding experience.

© 2024 UTGL. All rights reserved.

Disclaimer: The information provided on this website is for informational purposes only. It should not be considered legal, financial or tax advice. UTGL makes no representations as to the accuracy, completeness, suitability or validity of any information on this site and will not be liable for any errors, omissions or delays in this information or any losses, injuries or damages arising from its display or use. All information is provided on an as-is basis.


This website may contain links to external websites that are not provided or maintained by or in any way affiliated with UTGL. Please note that the UTGL does not guarantee the accuracy, relevance, timeliness or completeness of any information on these external websites.


Links to external websites are provided as a courtesy and do not imply UTGL's endorsement of those sites or their content, products or services. UTGL assumes no liability for damages resulting from the use of or reliance upon the information provided herein.