Panama is mainly known for the Canal between two oceans, as well as its port infrastructure. However, there are also clear signs that Panama is one of the leaders in the field of asset protection. Asset protection is the interaction of anonymous entities that act in order to preserve and patronage from lawsuits and the various structures of funds, securities, vehicles and other property of any person. In today's world where we are surrounded by a lot of risks, one should plan in advance in order to preserve assets, and to ensure that it could be transferred to the heirs without additional problems. Panama offers all the necessary tools for the implementation of such actions.
Laws in Panama allow you to keep absolute confidentiality of the owner’s corporation, which in itself is quite a unique opportunity, as very few countries offer such conditions, as well as allow the "bearer shares". This means that when corporate shares are issued, there no indication or information available on the owner of the shares.
Creation of the private fund and the offshore corporation in Panama is fairly inexpensive service; the cost of each rarely exceeds $1,350, which already includes annual registration tax. Depending on the number of corporations in the Fund, the whole structure can be very inexpensive.
Offshore structure also provides an inexpensive and fast way to plan and manage any real estate. That way the client is able to avoid costly and time-consuming procedure of wills, in the case of death of the owner. Heirs, being the beneficiaries can immediately take control of the private fund and its corporate shares. The fund and its controlled corporations are perpetual organizations. This means that the structure can perpetuate their money, regardless of the life of the owners and founders of the fund. All of these services in Panama are quite affordable and easy to arrange, referring to the numerous law firms.
