The Foundation Charter must include the following information:
- Foundation name.
- The Founder name.
- The initial capital of the Foundation (usually US$10,000)
- Name and address of the 3 member or members of the Foundation Council.
- The domicile of the foundation.
- The name and domicile of the Resident Agent of the foundation in Panama.
- The purposes or objects of the foundation.
- The manner of appointing the beneficiaries of the foundation.
- The reservation of how to modify the Foundation Charter.
- The duration of the foundation.
- Any other clauses which the founder may consider convenient.
