Panama Anonymous Bearer Share Corporations

Panama Bearer Share Corporation Features & Benefits:

Panama is one of the few offshore tax havens in the world where you can form a truly anonymous
bearer share corporation. Under Panama law a bearer share corporation can be formed that is
owned by the physical person in possession of the physical certificates of stock with no recorded
owner on record anywhere. The government of Panama does not even know who the owner of the
offshore corporation is since owners names do not appear in any public registry or database.
Shares for a Panama Corporation do not have to have the owners name on them and they do not
have to be kept in Panama and can be kept anywhere. The books and records do not have to be
kept in Panama either. If the offshore corporation is Panamanian, conducts banking in Panama,
has a corporate resident address in Panama yet has only income that is offshore derived to
Panama the corporation pays no Panama taxes and does not even need to file a Panama tax
return. This is a true bearer share corporation operating in a legitimate offshore tax haven.

When sending and receiving wires from a Panama Bank Account under the Panama Corporation
name, no one monitoring the wires can tell who the owners of the corporation are. It is just like
the old Swiss numbered bank accounts that are long gone except a corporation name is used
instead of a number. Panama now has over 400,000 corporations registered for a reason - it is a
great jurisdiction. Each offshore corporation pays $300 a year in tax (that is your total tax liability
with Panama assuming your money is offshore derived), which totals $120,000,000 and this is for
a country with 2.9 million people. The Panama Canal nets Panama $335,000,000 with 9,000
employees. How many people are required to run a corporate filing dept., maybe 200? Panama is
a country very unlikely to upset their offshore tax haven reputation, which is why all these
corporations are here.

No Panamanian Database for Corporate Ownership Registry

While the Panamanian attorney may have knowledge of the individual(s) who formed the
company, they will not have knowledge of others he or she may have passed the corporation
stock certificates to some time after the formation. Transfers don't need to be reported and the
new owner(s) are not on file. The only requirement is the new owners need to have the shares of
the corporation in their physical possession. Transferring the stock certificates is as simple as
passing it from one set of hands to another. The new person in possession of he stocks may
reside anywhere, they are allowed to be a judicial person like an offshore corporation, foundation
or be a trust in another country, etc. This makes trailing the stocks extremely difficult, time
consuming, expensive and generally not feasible. It would be impossible to determine how many
times the share certificates may have been transferred. There is no ownership database for
anyone to look into, period.

Since Panama has no tax treaties of any sort with any country limiting the source of fishing
expeditions. In future, Panama may sign double taxation treaties, but it will not sign any Tax
Information Sharing Agreements. The nominee Directors names are recorded publically but they
are not the owners they are provided as employees of the corporation. Also provided will be the
three required directors complete with signed and undated letters of resignation. Your nominee
directors will not know your identity. Transference of the share certificates can occur privately
with no record of sale appearing anywhere. The directors can be replaced at the request of the
new owner(s) any time. A blank bill of sale for the corporation can be provided by the law firm in
the event it is sold or transferred, it will signed by the nominee directors and provided as an extra
service, see our price list. It is possible to use three different anonymous Panama Bearer Share
Corporations instead of nominee directors, this makes for a more confusing harder to follow trail
but it can be so hard to follow the banks will not let you open an account because the due
diligence would be too difficult.

Ownership of Assets by the Anonymous Corporation

The Panama Bearer Share Corporation can own bank accounts, stock brokerage accounts, real
estate, bonds, mortgages, boats, planes, cars, art, jewelry, businesses, to name a few valuable
assets. It owns it without revealing the personal identities of the owners of the corporation (the
bank records are secured by Panama Bank Secrecy Laws). If needed, complex strategies can be
deployed using the law firm to perform legal functions for the corporation. For instance, Panama
Private Interest Foundation could own the shares of a Panama Corporation freeing you of
ownership. No natural person under Panama law can own a Foundation. However, you control the
corporation and foundation through a legalized general power of attorney notarized and apostilled
by the nominee directors. Additionally, you would be the signatory on the corporation or
foundation bank accounts. We can provide a nominee founder for the foundation, it could have
nominee foundation council members or a corporation in place of nominee council members. You
may also choose to not even be a beneficiary or make the beneficiary another corporation. We can
arrange for the foundation to not have a bank account. In a formal agreement we could make you
the protector of the corporation, which is not recorded publicly anywhere, at would be a secret
document. Finally, we could add in a formal agreement making you the investment manager or
real estate manager for the corporation and/or foundation including terms of payment and
employee benefits all signed, notarized and apostilled by the nominee directors or nominee
council members. There is strong attorney client privilege in Panama. To learn more about these
strategies go to:

Panama Foundations

Foundation Protectors

Bullet Proof Asset Protection

Secure Order Form

Bearer Share Corporation Banking in Panama

All licensed banks in the civilized will require a natural person as beneficial owner for any bank
account and will also require certified identity documents for that person. Because of this, the
bearer share corporation cannot be the signatory/beneficiary owner on the account. There are
seriousbank secrecy laws in place in Panama that provide for criminal and civil penalties for the
bank and their employees if they break the laws. The clients could sue a Panama bank for
violating bank secrecy and with the deep pockets they have they do not want such lawsuits.
Panamanian Bank Secrecy Laws combined with anonymous Panama Bearer Share Corporations
using one of the world class Panama Bank provides you a secure and private asset protection
structure.

Let's look at banking and wire transfers for a moment. You would have the exact same secrecy if
you use a Panama Anonymous Bearer Share Corporation or a Panama Private Interest
Foundation. Wires are received and sent from the corporation or foundation bank account. In the
post 9/11 world, many governments, Central Banks and other entities monitor wire transfers. No
one can determine whom the natural persons are that own the corporation shares when a Panama
Bearer Share Corporation sends or receives a wire. If you were using a corporation not
anonymous and formed in another country all they would have to do is open another computer
and look up the corporation owners. This does not work in Panama because there are no public
records containing names of owners. This in essence provides secrecy like the old Swiss
Numbered Bank Account in that ownership cannot be determined. Welcome to Panama.

Attorney Legal Services

The attorney may act as your legal representative and collect rents on an income property your
Panama Bearer Share Corporation owns to keep the ownership of the property concealed from the
tenants and others. Panama bearer share corporations and foundations can be completed in 2-3
business days after all the information is submitted.

Unique Tax Benefits of the Panama Corporation

One nice benefit is there is no tax imposed by Panama on any offshore-derived income and no
requirement to file any tax returns for the corporation if all of the corporate income was offshore
derived to Panama. You can have an office in Panama, have a telephone in Panama, have a
Panama Bearer Share Corporation, and Panama bank account for the corporation yet still no need
to pay taxes or file Panama tax returns if all the income is offshore to Panama. Your income can
come from payments made to you in Panama from entities not in Panama and no taxes due in
Panama. For example if you decide to open a shoe store in Panama City then you would need to
pay taxes on this income since it would be derived from onshore to Panama. If you sell goods or
services to people who are not in Panama and they wired money to your Panama corporate bank
account from outside of Panama this would be offshore-derived non-taxable income.

Panama Corporation Secrecy

Panama has no registry in which to record the names of owners of Panama Bearer Share
Corporations. There is also no registry to record transfer of the corporation share certificates. To
legally transfer the ownership of the Panama Bearer Share Corporation one need only hand the
new owner the corporation share certificates. You could transfer corporate ownership three times
per day without reporting it anywhere under Panama law.

Panama Corporations and Real Estate

Anonymous Bearer Share Panama Corporations own assets or real property anywhere around the
world. To sell the property owned by the anonymous Panama Corporation one merely transfers
the shares of the corporation to the buyer or new owner. If you own the corporation shares, then
you in fact do own the corporation and in turn everything the corporation owns you own. It is also
normal to get a general power of attorney (POA) and sell the real estate using this document to
establish the fact that you have the control and ownership of the asset or real estate.

Remember there is no required reportage of the transfer of the corporation shares in Panama. A
Panama Corporation (or Foundation) can anonymously own real estate anywhere in the world.
One could readily transfer real estate or other assets to the Panama Corporation or Foundation in
return for receiving an annuity. Your Panama Corporation could also make loans against real
estate, autos, planes, boats, stocks, etc. thus stripping the equity or positive value in the property
insulating it from financial enemies.

This could be accomplished with a line of credit secured by a mortgage or lien for the line of credit
amount.

Panama Anonymous Bearer Share Company used for Trading Stocks, Forex, etc.

A Panama Corporation can lawfully invest anywhere in any sort of lawful investment vehicle.
Panama has no capital gains taxation on any bank account or investment. We can assist you with
opening up a Panama Stock Trading account allowing you to play 30 markets worldwide with
online access. Panama stock brokerage account has secrecy very similar to Panama Banking
Secrecy Act.

Work for Your Panama Corporation

You can form a Panama Bearer Share Corporation and be employed by the corporation. Your
clients/customers could pay the corporation directly to the corporate bank account in Panama. The
corporation then pays you as an employee. Panama has no rules for a Panama Corporation to
adhere to for employee expenses. The Panama Corporation could pay all of your medical expenses
including elective cosmetic expenses. The Panama Corporation pays the providers from its
Panama bank account.

Panama Corporations can be utilized as a Holding Entity for Intellectual Property. The Panama
Corporation can acquire these intellectual rights or licenses for this property.

Additional Advantages of Company Formation in Panama:

• The annual fee or tax the Panama Government charges for Panamanian Corporations is
only $300.00
• Panama does not tax any offshore-derived income.
• There are no requirements for paid in capital for opening a Panama bearer share
Corporation, just nominative capital at $10,000.
• The beneficial owner(s) name is not recorded in any database or registry.
• No filing of financial statements or annual returns required by Panama
• The shares of the Panamanian S.A. Corporation may be bearer share (anonymous). The
articles of incorporation go into the public registry; these will list the nominee directors
who are also the officers, not the owners. The registered agent also goes into the public
registry.
• There is no requirement for annual meetings. If you desire such meetings can be held
anywhere; including via Internet.
• Financial Records of the Panama Corporation can be kept anywhere
• $2495 is the price of the complete Panama SA Corporation which includes the incorporation
filing papers, the nominee directors, the first years taxes and fees, translations into English
since papers come out of the public registry in Spanish, resignations for the three nominee
directors, resolution authorizing the opening of the bank account, general power of
attorney (POA). It is a complete package. Included in the $2495 is the opening of a bank
account with a Panama Bank that does not have any branches outside of Panama and it is
not necessary to travel to Panama. The minimum deposit is $1000.00 to open the bank
account.
• The yearly fees are $695.00 which includes directors, taxes, filing fees - everything.

Click here to read complete Corporation Law for Panama.

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