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Protect Your Assets with Panama Corporations and Foundations

submitted: Dec 12th 2007 | by: GraceBalmorda | Total views: 10 | Word Count: 307 | PDF View | Print Article

If you're going to go out now to get your offshore asset protection started, consider the best offshore banking structure: The foundation/corporation.It will not limit you to asset holdings, it will not tax you, and it will layer your anonymity protection to ensure your privacy.

In this way an offshore bankers beneficiary can avoid estate taxes. A foundation is very important for offshore asset protection, but when a foundation owns a corporation this is the ultimate in offshore protection strategies.

A foundation can hold all your assets and have a bank account, but a foundation can not conduct business. This is why a simple foundation isn't effective enough for anonymity and security.

A foundation can own a corporation, and the corporation can conduct all the business. This makes the foundation/corporation structure is the ideal choice.

So if you have your offshore corporation within a foundation, you can conduct your business through the offshore account and plan your income taxes accordingly.

So if you have your offshore corporation within a foundation, you can conduct your business through the offshore account and plan your income taxes accordingly.

When a foundation owns a corporation, which owns a bank account, this is the only powerful privacy protection offshore structure you will ever need. If you are interested in offshore asset protection, chances are you're interested in privacy protection.

The layering effect at the points of access as well as the anonymity that goes along with nominee directors, ensuring that your name will never get out to the public are the reasons why a foundation including an offshore corporation is the way to go.

If you're going to go out now to get your offshore asset protection started, consider the best offshore banking structure: The foundation/corporation. It will not limit you to asset holdings, it will not tax you, and it will layer your anonymity protection to ensure your privacy.

About the Author

For help setting up panama corporations and panama offshore foundations please visit the OffshoreLegal.org website. You are welcome to reprint this article - but get your own unique content version here.


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