Anonymous foundations and corporations – offshore banking!

By: Ingrid Sure

Let’s say you want an offshore bank account. At the same time, you are interested in private banking services offered by foreign banks. You need to be certain that you will be provided with customized advice and that your situation will be fully understood. If you are a regular Internet user, then you can take advantage of a search engine and locate a company that meets all of your requirements. You need someone who is knowledgeable when it comes to offshore banking, international rules and regulations, while retaining all data regarding opening up such an account.

Many people realize the immense potential hidden behind offshore banking but they lack the courage to try. Having the right law firm to provide assistance, you will certainly not fail. Just make sure you gather all the facts, inquire about private banking and bank secrecy; discuss with your legal representative about your rights and decide which is the best country to start your offshore banking adventure in. Specialists recommend Switzerland but lately Panama has also emerged as a tax haven, with businessmen from all over the world opening offshore bank accounts. However, it is your decision and it should be based on sure facts.

Panama offshore banking is based on the concept of using foundations and corporations names for ownership. This is why your name won’t appear on any of the paperwork or in any registries. The corporation will be registered under a name and of course you will be the only person to have access to the offshore bank account. You can also designate another person to obtain access to your funds. Originally, the account will be opened as a zero balance account. You are advised to contact your legal representative before funding the account, as they need to be 100% certain that security measures have not been breached.

Offshore banking and anonymous corporations have become more than popular in the last few years. There are multiple advantages and a lot of freedom. There is no need to declare transfer of ownership and your name won’t appear on any transaction. Panama corporations are a sure source of profit, allowing you to own real estate, stocks and bonds. Perhaps one of the greatest advantages is that you can own other corporations situated in other parts of the world as well. As for foundations, these offer several benefits, including for those interested in asset protection. Foundations have no owners, being anonymous. They offer similar benefits with corporations and they have can be controlled by a legal representative. So, what do you say? Is Panamanian offshore banking right for you?

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Panama Legal Law Firm Offshore Banking, Offshore Corporation & Asset Protection Center. We are a licensed Panama law firm specializing in Asset Protection, Offshore Bank Accounts, Formation of Panama Corporations and Foundations, Panama Real Estate and Private Banking.

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