What can we do for your asset protection ... ?

• Incorporate and manage PIFs
  (Private Interest Foundations)
• Incorporate and manage IBCs
  (International Business Corporations)
• Open Offshore Bank Accounts
• Provide Financial Payment Solutions
• Client Accounts - Debit/Credit Cards
• Legal and Beneficiary Services
• Mail Forwarding Services
• Education

Why use Foundations?

The foundation - a perfect instrument for asset protection.

The word Foundation is generally automatically perceived as a charitable or non-profit making organization. In fact only a small percentage of all foundations are charitable. Most foundations are set up for the protection of the founders' assets and as a tax benefit.

The actual legalities of a foundation determine that there is no obligation to be a charitable organisation. The speciality of a foundation is that it has no actual owners but only a board of officers. This fact seems to be a minor juridical issue but actually it is of utmost importance. Once assets have been placed into the foundation the founder does not legally own them or have a requirement to declare them. He neither owns the foundation. This is of particular interest in cases of bankruptcy, divorce or third party claims. All types of assets can be owned by a foundation such as bonds, stocks, real estate and even patents or rights. Using a regular company structure there would always be a beneficial owner in the background and especially relatives could be informed about that. With a foundation there is legally no owner and even if somebody knows of a connection between founder and foundation, he can not  access the property of the foundation.


Due to the fact that a foundation is a corporate body it allows easy controlling. The term of the foundation in unlimited and certain requirements or specifications may be fixed in the articles. These specifications can not be altered or revoked at any time, even after the death of the founder. This ensures that the founders funds are only ever granted to whom he states.

A foundation is not formed in order to conduct business. It is made to manage and protect it's own assets. However it is a very common and useful structure to have a foundation as owner of an offshore corporation. The profit of the corporation is regularly transferred to the foundation but should a bankruptcy of the corporation occur, it would not affect the foundation at all.

Advantages in forming a Foundation

The Founder can transfer any assets he has into the foundation and legally declare he does not own them

No assets that belong to the Foundation can be seized

Potential inheritors can not make claims against the Foundation

Foundations are free from taxation

Foundations are not required to be charitable or non-profit making organizations

Offshore Asset Protection Using a Panama Foundation & IBC Structure

The Panama Private Interest Foundation is perhaps the most flexible and powerful entity in the world today using the best features of both the international asset protection trust and the international business company (IBC or offshore corporation). Panama has taken the best features of similar entities in Lichtenstein, Switzerland and Luxembourg and taken a major step forward in creating the Private Interest Foundation. The Foundation is unique in that it does not have shares (or owners) but can own an offshore IBC, offshore investments and offshore real estate for profit-making purposes.

The Swiss styled civil-law Panamanian Foundation of Private Interest hybrid has attributes of both an Offshore Trust and Offshore Corporation, but is superior in tax preferred treatment, security, and flexibility.

Because it is an entity created under civil law, the Panama Foundation is a superior offshore asset protection entity to the common law trust as once assets have been transferred to a Panama Foundation no one can make a claim against those assets for any purpose (excluding fraudulent conveyance of assets).  Even a collection agency or a court order issued from an onshore jurisdiction is powerless in making a claim against a Panama Foundation or its assets.

Why Panama ?
 

Panama is the ideal offshore jurisdiction and a great place to live. Panama enjoys a stable, democratically elected government, and has excellent asset protection, offshore corporation laws and the largest banking sector south of USA.

Panama offers the most favourable and most flexible incorporation laws available in the world. Panama corporations are used by individuals from all over the globe who are interested in asset protection, tax minimization, privacy, investment diversification, affordability and convenience. Panama corporations can be used for international trade, to settle trusts or foundations, to establish and own bank or brokerage accounts, or hold ownership of real estate or any other type of asset. In some cases, Panama corporations are formed for very private and confidential business transactions such as the movement of funds to another jurisdiction for the protection of the assets.

Secrecy Laws

Panama offers the strictest corporate book and banking secrecy laws available in the world, therefore providing legal protection to your assets and your identity through the confidentiality of corporate business and banking transactions. Most other offshore jurisdictions, such as the British influenced countries, have vowed down to recent legislation that has begun the removal of bank secrecy in those British colonies around the globe. Panama is a totally sovereign nation, not governed or controlled by any other country in the world.

Corporate Records and Bookkeeping

A Panamanian corporation which does not operate in Panama is not required to file any financial reports or tax returns and may maintain its books of account in any manner it desires in any part of the world. All Panamanian corporations are required by law to have a Minute Book, in which the minutes of all meetings of shareholders and/or directors should be transcribed in chronological order, and a Stock Registry which should contain the data relating to the ownership and issuance of share certificates. If shares are issued in bearer form, an entry to that effect should be inserted upon the original issuance thereof.

Important Facts

  Panamanian corporations translate to secure investments due to Panama’s long-standing reputation as a reliable economic and financial center.

  Interest earned on deposits in local or foreign banks within Panama is tax-free.

  Panamanian corporations are not required to keep assets or have bank accounts in Panama, and they may maintain assets in any country. Furthermore, no restrictions or limitations exist on any investment a Panamanian corporation may make or the use it may give to its assets and funds.

  Laws of the Republic of Panama forbid businessmen and corporations to submit their accounting records, files, correspondence or other documents to foreign authorities without previous permission from the Government of Panama.

  Currency exchange has no restrictions or controls. The United States dollar is freely interchangeable with the local currency, the Balboa. Furthermore, transfer of funds bears no levies or controls.

  Panamanian laws are specifically designed to expedite ship registration, to establish bask and reinsurance companies, to provide tax exemptions for industries and to facilitate the use of free trade zones.

  Contracts, invoices and corporate documents may be written in any language. Transportation and communication systems to or from Panama are modern and efficient.

  A Panamanian company can not be forced to divulge at any time confidential information to the Panamanian or foreign authorities. Bearer shares protects this confidentiality.

Comparable Foundation set ups are easily feed from 5000 USD and upwards. Take a close look at our quality services with outstanding low fees:

List of Products

	Product	Code	Setup Cost	Annual Cost
	Private Interest Foundation	PIF	650	850
	International Business Company	IBC	650	850
	UK Limited Liability Company	LTD	650	850
	Standard Payment Solution Account	SPA	10	75
	Elite™ Payment Solution Account	EPA	25	125
	Entity Document Binder	EDB	100	N/A
	International Debit Card	DCH	20	5 (monthly)
	Credit Card (Virtual MasterCard)	VMA	(TBD)	TBD
	Credit Card (Virtual VISA)	VVI	(TBD)	TBD
	Credit Card (Mastercard)	CMA	(TBD)	TBD
	Credit Card (VISA)	CVI	(TBD)	TBD

All prices in USD. Subject to change!

Products available to clients only!

Any one of the products marked required to become client.

Products available through General and Divisional Agents only. See Agents.

(Not applicable for VIP clients).

List of Services

All prices in USD. Subject to change!

Services available to clients only!

(Fees may also apply for other services, log in for full overview).