Advantages of Panama.
Long banking center experience.
Panama attractive taxation law.
Political and economic stability.
Investment factors.
Type of business entities.

Panama’s legal system is based on civil law, as opposed to common law. Nonetheless, because of its traditional US ties, Panama in 1927 adopted a Corporation Code, which is similar to the old Delaware Corporation Statute.

In addition to the corporations (IBC), Panama has several types of modern business structures. A Panamanian entity that has captured the attention of many investors is the Panama Private Interest Foundation, which is very similar to the Liechtenstein establishment; however, it can be formed with substantially less cost in our country. Panama enacted in 1995 a law to govern the establishment of this entity, and it presents a serious alternative to standard offshore trust corporations.

Panama Private Interest Foundations represent a practical legal tool helpful for prudent family estate planning or asset protection and privacy.