• The Anonymity Of Panama Offshore Corporations

    Comments Off on The Anonymity Of Panama Offshore Corporations
    January 27, 2017 /  Best Article, Uncategorized

    Panama offshore corporations are the most anonymous in the world. You can conduct all the business you would in your home country, all while knowing that your assets are safe and silently put away. Usually anonymity in the business world spells the end of a business, but not when you are looking to protect your assets. Panama has strict secrecy laws to ensure that this is a reality.

    Panama corporations can either be owned by the persons who physically hold the bearer shares, or they are owned by foundations. In a bearer share corporation, the holder of the shares is not publicly recorded anywhere, so the owner can remain anonymous. Panama law states the foundations have no owners, so in the case of foundation ownership of corporations, there would be a layered effect of anonymity making the “corporate veil” iron clad. In a bearer share corporation, the holder of the shares is not publicly recorded anywhere, so the owner can remain anonymous.

    It should be noted that the only publicly recorded items are the articles of Incorporation. The articles of Incorporation for offshore corporations in Panama will list the directors of the corporation. This means the names of the directors are publicly registered, so any director will have their names there for all to see.These directors can be provided to you by your law firm. Any firm will provide nominee directors for a corporation. They will also provided signed, undated letters of resignation to you so you can change the directors at any time. If anonymity is a priority stick with the nominee directors provided and anonymity can be guaranteed.

    Panama corporations can either be owned by foundations, or they are owned by the persons who physically hold the bearer shares. Panama law states the foundations have no owners, so in the case of foundation ownership of corporations, there would be a layered effect of anonymity making the “corporate veil” iron clad. In a bearer share corporation, the holder of the shares is not publicly recorded anywhere, so the owner can remain anonymous.

    So, when looking into offshore asset protection in to form of corporations, the strict secrecy and privacy laws of Panama are second to none.

    Posted by bgweb @ 2:56 pm

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