Reliance trust


Private clients I Corporate clients I Philanthropy

  • Independent
  • Long-term relationship
  • Preservation of confidentiality and reputation
  • On top of international developments

Authorised by FINMA as a DSFI under the Anti-Money Laundering Act

Reliance Trust


The Group

Reliance Trust was founded on the belief that an independent, professional and client oriented company is best placed to serve a demanding international clientele. Reliance Trust is family and management owned and not affiliated with any financial institution, bank, private equity investor or law firm, and therefore avoids the conflicts of interest common to so many other companies. Clients have the ability to select their own professional legal, tax and financial advisors, but we can also arrange for introductions to leading experts in many countries.

The Group was founded by Annemarie de Wit, a legal and tax adviser in Geneva, Switzerland. She has assembled a team of professionals with experience at leading international service providers in Switzerland, among other Daniel Hollowell a senior trust professional with more than 20 years’ experience and Herman Krul, who previously founded ATC (Switzerland) Sàrl, together with the ATC Group, and who succeeded to develop a high quality fiduciary business in Switzerland.

Reliance Trust brings together expertise with the diverse skills of experienced trust and company administration professionals and provides to its clients a dedicated and responsive contact person. The mission of Reliance Trust is to deliver the highest standards of work and long-term commitment.

The Group has a compliant approach. It is supervised by the FINMA, as a Directly Subordinated Financial Intermediary (DSFI) under the Swiss Anti-Money Laundering Act, the highest authority in Switzerland. It is a Member of the Swiss Association of Trust Companies (SATC). The administrative offices are located in Switzerland and Luxembourg.


To achieve the highest standards of work in today’s fast changing world, it is essential for a company to focus on its core competencies. As such, Reliance Trust specialises in Private clients, Corporate clients and Philanthropy services. The Group believes that it is not in client’s interest to offer secondary services such as legal/tax opinions, asset management, audit, etc. It is however Reliance Trust duty to preserve the reputation and confidentiality of clients and intermediaries.


Reliance Trust provides fiduciary services to a sophisticated international clientele:

  • Private clients, which include many entrepreneurs and their families. They are typically HNW and UHNW individuals.
  • Corporate clients, which include large and small multi-national companies with activities across a variety of sectors and geographies.
  • Philanthropic clients, which are either family or large international foundations.




Annemarie de Wit, Management
Annemarie is a seasoned legal and tax adviser and qualified in Trust Management. Before founding Reliance Trust, she was for several years a legal and tax adviser with the Swiss law firm Bonnard Lawson in Geneva, Switzerland and for more than 10 years with Loyens & Loeff in Switzerland and the Netherlands. Annemarie assisted her international private clientele of HNW and UHNW individuals with legal and tax planning and is specialised in international tax, estate planning and relocation issues. She has an extensive experience advising companies on legal and tax issues, particularly on setting-up structures, advising on corporate tax issues and cross-border tax planning.

Direct line: +41 22 817 03 32
Mobile Phone: +41 79 272 03 32

Daniel Hollowell, Management
Daniel has been working as a Trust professional for the last 20 years, in Guernsey and Switzerland. Before working for Reliance Trust, Daniel worked more than 3 years as Senior Trust Manager for ATC (Switzerland) Sàrl, and previously was a Vice-President for Northern Trust Fiduciary Services (Guernsey) Ltd based in Guernsey.

Direct line: +41 22 817 03 33
Mobile Phone: +41 79 241 03 33

Herman Krul, Management
Herman founded, together with the ATC Group, ATC Switzerland in 2003. With offices in Geneva and Zug, he succeeded to develop a well-respected and high quality fiduciary business. Herman joined Reliance Trust in 2014 as a director. Before his activities in the fiduciary industry, Herman was in the top management of Cargill in Switzerland. During that time he was in charge of various Cargill worldwide business units and president of the Cargill international charity committee. Issues like corporate governance, tax and legal compliance have always been of high importance to him.

Direct line: +41 22 817 03 31
Mobile Phone: +41 78 748 10 88

Jenny Hennessy

Jenny Hennessy, Trust Manager
Jenny is a UK lawyer. She worked in the legal sector in the UK for several years, predominantly in civil litigation and property law, before making the decision, 12 years ago, to move to Geneva and embark on a career in the Trust Industry. She began working in an advisory capacity for a single-family office and then joined an international fiduciary services company where she served as director. During that time, Jenny was able to widen her experience in providing bespoke, tailored, and structuring solutions to HNW and UHNW individuals, families and corporate clients.

Direct line: +41 22 817 03 43
Mobile Phone: +41 78 724 26 87

Marius Krul

Marius Krul, Head of Marketing and Business Development
Marius has been advising international HNW and UHNW individuals and families since 2007. He worked for 8 years as Client Relationship Manager for Banque E.I. Sturdza, in Geneva, Switzerland. During these years Marius was responsible for a portfolio of European and Middle Eastern clients and travelled extensively. He advised private clients, created financial products and developed investment strategies. In 2015, Marius joined the Group and is today Head of Marketing and Business Development.

Direct line: +41 22 817 03 39
Mobile Phone: +41 79 669 86 93


Reliance Trust engages qualified personnel and remains committed to their continued training, amongst other the Trust and Estate Practitioners (TEP) qualification. The Group has representatives from different countries and is able to serve its clients in many languages.

To assure that the highest quality accounting, administration and management is maintained, Reliance Trust utilises the software system known as ViewPoint. This is one of the most sophisticated management and accounting solutions on the market today.

advisory board


Reliance Trust highly values the presence of top professionals in the Advisory Board.

The members are:

Robert Govaerts

Mr Govaerts is a Canadian solicitor and barrister based in Miami. He started his career at MacMaster, Poolman & de Vries in Toronto, Canada. From 1986 until 2011 he worked at Amsterdam Trust Corporation (ATC) and acted during the last 10 years as Chairman of the Board of Directors. ATC was a leading international trust company before it was acquired by Blackstone. Mr Govaerts is highly respected and known as a trust and fiduciary expert.

Frank Jonker

Mr Jonker is a graduate of the University of Leiden. He first worked for 10 years with Loyens&Volkmaars in Amsterdam and Hongkong. Thereafter he worked 23 years with Loyens&Loeff in Switzerland, where he was the resident partner and manager of the Geneva and Zurich offices. He is an expert in the field of corporate and private client taxation. He is still advising private clients through his company JonkerConsulting.

Huub Spierings

Mr Spierings is a graduate of Nijenrode University and INSEAD. He had a remarkable career at Cargill, where he worked for 36 years. He held a variety of posts, including the ones of President of Cargill International, President of Cargill Europe and member of the board of directors of Cargill Inc. in Minneapolis, USA. Mr Spierings is expert in the field of risk management and has an excellent knowledge of US corporate governance.

our team


Private clients

Reliance Trust provides services to many private structures, which include trusts, foundations Private Trust Companies (PTC) and Special Purpose Vehicles (SPV). Structures can be useful in estate, tax planning and asset protection.

SPVs often hold residential and/or commercial real estate, investment portfolios, private equity, art & jewellery collections, racehorses, yachts, private planes, etc. They are usually established in England & Wales, the Bahamas, British Virgin Islands, Cayman Islands, Guernsey, etc.

SPVs often hold residential and/or commercial real estate, investment portfolios, private equity, art & jewellery collections, racehorses, yachts, private planes, etc. They are usually established in England & Wales, the Bahamas, British Virgin Islands, Cayman Islands, Guernsey, etc.

Reliance Trust acts as a Swiss Trustee for trusts governed by the law of various jurisdictions such as England and Wales, New Zealand, the Bahamas, Jersey, Guernsey, Canada, Cayman, etc.


  • Creation/incorporation of structures
  • Assistance with migration of structures
  • Trustee/ co-Trustee/ Protector services and board of directors mandates
  • Domiciliation services
  • Administration services
  • Accounting services: Bookkeeping, financial statements (geography and jurisdiction specific) and consolidation of accounts
  • Annual tax and VAT declarations
  • Compliance services including FATCA and CRS reporting
  • Legal assistance and support (among other with emigration)
  • Family governance assistance
  • Family office services

Corporate Clients

Reliance Trust provides services to holding, trading, IP, finance and HR companies of various sizes.


  • Incorporation of corporate structures
  • Assistance with migration of corporate structures
  • Board of directors mandates Reliance Trust director or industry specialized director)
  • Domiciliation services or provision of a dedicated office space
  • Administration services
  • Accounting services: Bookkeeping, financial statements (geography and jurisdiction specific) and consolidation of accounts
  • Annual tax and VAT declarations
  • HR administration, payroll, staffing, etc.
  • Compliance services including FATCA and CRS reporting
  • Legal assistance and support
  • Treasury support
  • Escrow services


Reliance Trust provides specialized services for clients that want to set-up charitable trusts or foundations.


  • Incorporation of the structure and liaison with the various authorities
  • Coordination with tax experts to obtain a tax exemption
  • Correspondence with the supervision authority
  • Administration services
  • Accounting services
  • Annual tax declaration
  • Compliance analysis, among other source of incoming funds, gift certificates, tracking of substantial donors etc.
  • Compliance services including FATCA and CRS reporting
  • Legal assistance and support


Reliance Trust has invested in financial and human resources towards understanding and complying with the complex requirements of the Foreign Account Tax Compliance Act (FATCA) and the Common Reporting Standard (CRS). For FATCA reporting Reliance Trust is registered with the IRS as a reporting Financial Institution, has a GIIN number and sponsors entities under its administration. For CRS reporting Reliance Trust is registered as Reporting Swiss Financial Institution. The list of Switzerland’s Partner Jurisdictions is detailed on the website the Federal Department of Finance (FDF),


Reliance Trust is well positioned to assist its clients to adapt to new developments and can introduce to leading international professionals. With the help of professional tax advisers, Reliance Trust informs its clients about international developments and tax exposure, among other the possibility to use Double Tax Treaties (DTT) and Bilateral Investment Treaties (BIT). Reliance Trust can also introduce its clients to experts active in the field of Environment, Social, Governance (ESG) investing, Social Responsible Investing (SRI) and impact/thematic investing.



Reliance Trust has offices in Switzerland and Luxembourg. Each office is led by experts who have specific understanding, technical knowledge, cultural background and professional network in the country.

Why Switzerland?

  • Switzerland is known for its political stability, independence, dedication to the preservation of confidentiality, and the provision of a broad range of financial services.
  • Switzerland is not a tax haven, but a respected jurisdiction, on no black lists.
  • Switzerland has been able to develop a highly professional, multi-lingual workforce that is trained to work with famous Swiss precision and efficiency.

Swiss Trustee Services:

  • In 2007, Switzerland ratified The Hague Convention on the Law Applicable to Trusts and Their Recognition.
  • In 2008, the Swiss Federal tax authorities issued the Circular no. 20, laying down the principles applicable to trusts that hold assets for resident and non-resident clients and which are administered in Switzerland. The Circular clearly confirms that there are no negative tax consequences to engage a Swiss Trustee.
  • With more than 1200 STEP members (after the U.K., Canada and the US), Switzerland is considered as the 4th largest country with qualified Trust and Estate Practitioners (TEP).
  • Having a Trustee located close to other intermediaries (bankers, lawyers, etc.) facilitates good communication and efficiency.

Why Luxembourg?

  • The country is a member of the European Union and of leading international economic organisations such as the OECD.
  • Luxembourg is one of the largest global financial centres. It is a stable and multicultural state with a solid financial infrastructure. It is the Eurozone’s leading private-banking market, with more than 140 private banks. The country is an international niche leader, notable in fund distribution, being the world second largest centre for funds after the US. It has also a leading position in Financial Technologies the so-called ‘FinTech’.
  • Luxembourg is the Eurozone’s leading private-banking market, with more than 140 private banks. Thanks to the support of these private banks, reputable law/tax firms and quality fiduciary, trust and corporate services companies, the country offers a broad range of financial services and attracts large international clients.
  • With the MiFID II package the Luxembourg financial market is even more efficient, resilient and transparent, which further improves investor protection.
  • Luxembourg has flexible and attractive legal, regulatory and tax regimes. The extensive Double Tax Treaties (DTT) and Bilateral Investment Treaties (BIT) makes the country highly attractive, particularly for the structuring of complex international transactions.



Social responsibility is important for the Group. Reliance Trust has a long-term focus and a business practice that involves participating in initiatives that benefit society.

As an employer
Reliance Trust is an equal opportunity employer. The Group provides internship opportunities to young adults and is committed to the continued training of its employees. It finds it equally important that its employees enjoy a good quality of life by respecting the employee work schedule and providing job-security.

As contributor to society
To promote philanthropic activities, Reliance Trust has decided to apply a special pricing to services provided to charitable structures.

To contribute to global economic and social development the Group financially supports charitable projects and sponsors various sport and cultural activities. It has created its own “Charitable Trust” and “Social Responsibility Committee”. The Committee comes together on a regular basis to decide which charitable projects to financially support. Over the years contributions have among other been made to:

Action Innocence
Antenna Foundation
APOPO Foundation
Association pour la Sauvegarde Léman
Family Support Network B.V.I.
Fondation Théodora
Médecins Sans Frontières (MSF)
Project Hope Swiss International Foundation



Reliance Trust is on top of international developments and reporting obligation. This enables the Group to provide tailor-made solutions in line with international regulations.

Newsletter subscription
The Group regularly publishes newsletters to inform its contacts about the latest developments. To subscribe, please complete the following section:

Newsletter subscription


Interview with Mr. Herman Krul: The future of the fiduciary industry and of Reliance Trust, June 2017 | Download PDF

Newsletter: Nederlandse UBO’s kunnen Zwitzerland kiezen voor confidentialiteit, April 2017 | Download PDF

Newsletter: Swiss corporate tax reform, December 2016 | Download PDF

Newsletter: Reliance Trust opens new offices in Luxembourg, July 2016 | Download PDF

Newsletter: Insight in charitable foundations, February 2016 | Download PDF

Step Journal: Swiss people reject a new federal inheritance tax, June 2015 | Download PDF

E Private Client: Launching into headwinds with confidence, April 2015 | Download PDF

FSC Report: Switzerland: out with the old and in with the newer, stronger and uniquely positioned, 2015 | Download PDF

Switzerland votes in favour of lump sum taxation, November, 2014 | Download PDF

FSC Report: Switzerland: Recent political and financial developments, 2014 | Download PDF




For general questions you can write below:



Reliance Trust Company SA

6, Rue de Saint-Léger

CH – 1205 Geneva

Phone: +41 22 817 03 30


Reliance Trust Company (Luxembourg) SA

9, Rue Jean Bertholet

L – 1233 Luxembourg

Phone: +352 20 60 088 810