PANAMA PRIVATE INTEREST FOUNDATIONS
Table of Contents
About Panama Private Interest Foundations
The best legal instrument for holding, protecting, and transferring personal and family assets.
It is easy to set up and it can be done remotely. It must have a minimum of 3 directors that can be local or foreign and pay a yearly tax of $ 400.00 known as Tasa Unica.
The foundation can not engage in commercial activities but it can own commercial investments, such as real estate, company stocks, or bank accounts local or overseas.
Main Benefits
- The foundation assets are protected from acts of its founders, directors and benefitiaries
- It is used as the final owner of other legal structures for maximun asset protection
- The benefitiaries are named in a private document.
