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Private Interest Foundation

Attractives

  • Anonymity.
  • duty free work
  • Do not exist legal requisite some to reveal the name of true founders or of the beneficiaries.▪ the Original Act can be signed by the client or by means of empowered or fiduciary.
  • Not this subject one to the fiscal regime of Declaration of Rents nor presentation of Financial statements.
  • Do not exist a requisite legal of allowed maximum patrimony.
  • Its address can be in the Republic of Panama or in any part of the world.
  • the Foundations can be redomiciliary.
  • Can make any transaction of civil nature or commercial in any country and any currency.
  • Can make transactions commercial in non habitual form. By example: to constitute itself in stockholder of financial groups (holdings).
  • The properties inherited from parents of the Foundation can not be subject of kidnapping nor embargo.
  • The norms of hereditary right are not to him applicable low no circumstance.
  • Protected to people who by their condition can not administer its goods, or of people who are exposed to lose their patrimony.
  • Can be constituted so that they have its desired effects from the moment of its creation or after the death of the Founder.

Private Interest Foundation