A Panama Private Interest Foundation is a smart, flexible and affordable vehicle for estate planning.  The Foundation is a juridical person created by the filing of the Foundation Charter at the Public Registry.  The main objective of the Foundation is to hold and manage assets and properties as established by the Founder in favor of the Beneficiaries by way of private regulations.

Foundations are commonly used for:

• Administration of assets
• Private investments
• Holding vehicle of assets or properties
• Shareholding participations
• Succession planning
• Business preservation
• Minimization of inheritance taxes
• Recurring payments to individuals in this or future generations for subsistence, education, training, clothing and other relief
• Substitute for prenuptial agreements

There are many benefits to using a Panama Private Interest Foundation, such as a straightforward and quick set up process, appointment of Beneficiaries by private document, legal separation of the assets from the Founder, and flexibility to make amendments to the Foundation throughout time. Overseas Management Company can assist you to take full advantage of this flexible and user friendly juridical entity.

 

For further information on how to incorporate and fees, contact your nearest OMC office or send us a message to trust@omcgroup.com