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