Cost and Additional Services for Panama Private Foundations

Establishing a Panama Private Foundation offers a flexible and efficient way to manage your assets, protect your wealth, and plan your succession. These legal entities are widely used in Panama due to their versatility and the robust legal protections they provide. At our firm, we specialize in helping individuals and businesses incorporate private foundations tailored to their unique needs. To ensure that you get the level of service you require, we have designed three distinct plans, each catering to varying degrees of support and complexity.

In this article, we’ll explain the details of each plan, helping you understand what they include and how they benefit you. Whether you’re seeking a basic incorporation package or a comprehensive solution that includes nominee services and banking, our plans offer clarity, efficiency, and value.

Why Choose a Panama Private Foundation?

Panama Private Foundations are legal entities designed to hold assets, manage wealth, and ensure succession planning. They offer:

• Asset Protection: Safeguard your assets against claims and liabilities.
• Confidentiality: Panama’s legal framework ensures the privacy of foundation activities.
• Tax Efficiency: Foundations used for non-commercial purposes often benefit from tax advantages.
• Flexibility: Foundations can be customized to suit personal or business goals.

By incorporating a private foundation through our firm, you gain access to expert guidance, streamlined processes, and additional services designed to make the process seamless and effective.

Our Service Plans

We provide three plans for incorporating a Panama Private Foundation, each designed to meet specific needs. Choose the one that aligns with your objectives:

Plan A: Basic Package of Incorporation of Foundation

This entry-level plan covers all the essential steps required to incorporate your foundation. It includes:

• Preparation and filing of the foundation’s articles of incorporation.
• Assistance with selecting the foundation’s name to ensure compliance with Panamanian regulations.
• Registration with the Public Registry of Panama.
• Guidance throughout the incorporation process.

This plan is ideal if you are looking for a straightforward solution to establish your foundation with no additional services. It provides the foundation’s legal framework, allowing you to manage its operations independently.

Plan B: Complete Package of Incorporation

For clients who require additional privacy and support, Plan B is the perfect option. It includes everything in Plan A, plus:

• Nominee Founder Services: We appoint a nominee founder, providing an additional layer of anonymity for the foundation’s true initiators.
• Nominee Foundation Council: A professional council is appointed to manage the foundation’s operations, ensure compliance, and maintain confidentiality.

This plan benefits individuals or businesses who value privacy or require detachment from the foundation’s public records. Utilizing nominee services protects your personal information while your foundation operates seamlessly.

Plan C: Full Package with Bank Account

Our most comprehensive option, Plan C, includes all the features of Plan B and goes a step further by providing support with opening a bank account for your foundation. Specifically, this plan includes:

• Assistance in selecting a reputable bank in Panama or internationally.
• Guidance on the documentation required for account opening.
• Liaison with banking officials to expedite the process.

A dedicated bank account is crucial for managing the foundation’s assets, enabling smooth financial transactions, and enhancing operational efficiency. This plan is ideal for clients looking for a turnkey solution integrating the foundation’s incorporation with a robust banking framework.

Why Work With Us?

Incorporating a private foundation involves navigating legal requirements, drafting documentation, and, in many cases, meeting privacy or banking needs. Our expertise simplifies this process, allowing you to focus on your goals. Here’s what sets us apart:

• Tailored Solutions: Our plans are designed to adapt to your specific needs, offering flexibility at every level.
• Expert Support: Our team of legal professionals has extensive experience in Panamanian corporate and foundation law.
• Transparent Pricing: We believe in clear communication, ensuring no hidden fees or surprises exist.

Whether you’re an individual seeking to protect your assets or a business planning for long-term succession, our services ensure a smooth and efficient foundation incorporation experience.

Get Started Today

Panama Private Foundations offers an exceptional tool for wealth management, asset protection, and succession planning. Choosing the right incorporation plan ensures you get the needed services and support.

• Plan A provides a straightforward incorporation process, perfect for those who prefer to manage their foundation independently.
• Plan B adds a layer of privacy and professional management with nominee founder and council services.
• Plan C combines these benefits with the convenience of a bank account, offering a complete package for your foundation’s financial needs.

If you have questions about these plans, need more information about pricing, or want to discuss your specific requirements, we are here to help. Contact us today to take the first step toward securing your financial future.

Contact Us to speak with our experts and learn how we can assist you in setting up a Panama Private Foundation. Let us provide you with a solution tailored to your needs.