Privacy guaranteed with Panama Foundation
Panama Foundation as the name suggests is a foundation based in Panama. It is a cross between a corporation and a trust with advantages of both interwoven perfectly. A Panama Foundation is very much different in nature from any legal entity like a company or a corporation. A company or a corporation has shareholders and partners on the other hand Panama Foundation has none. It comes into being just to protect the interest of certain group of individuals who are not its owners.
The Panama Foundation has been intricately designed and established by the Panama government to create a completely private and flexible entity for people living in different parts of the world. The Panama Foundation can be used to hold any kind of assets secret from the public eye. The assets can be anything ranging from corporations to trusts or bank accounts to investment accounts.
The Panama Foundation is for people who wish to maintain and regulate foreign companies. Such companies are completely free of tax and hence chosen by people from nations with high tax guidelines. There is some reputed and well experienced offshore service providers who can help set up a Panama Foundation. One can find such service providers with a bit of research on the net.