Panama
Attorneys, Administrators and Consultants
assists clients in establishing bank accounts
and brokerage accounts as requested through correspondent
banks and brokers in Panama City, Panama. Panama
uses the US Dollar as it’s circulating currency, so banking
or brokerage services are very straight forward
and easy as there are no currency conversions or hassles. Banking
and brokerage services in Panama are done very much the
same way it is done at your local bank or broker.
Many people
from the all over the world open bank accounts
or brokerage accounts in Panama because Panama
Banks and Brokers offer financial
privacy from their home governments tax authorities.
Panama is a major international banking center,
second in the world to Switzerland. The banks
in Panama do not report to your local government as do
the banks in the USA, Canada,
England and many other countries. All interest
income or capital gains income is tax free in
Panama and there are no reporting requirements to the
Panamanian government. Plus, Panama banks offer
higher interest rates on savings accounts,
checking accounts, and CD’s
( time deposits ). Some banks offer up to 6%
annual interest on savings accounts, and up to 8.5% on time
deposits ( CD’s ).
Most Panama
banks and brokers offer the same types
of services that your local broker offers now. They offer access
to your account information and funds through Visa Credit
Cards, Visa Debit Cards, ATM
Cards, Checkbooks, and Internet
banking or brokerage services. You can invest in CD’s
(time deposits) with the banks or invest right back into stocks,
bonds, mutual funds, options, money markets, etc. on
the markets you are used to dealing with ( NYSE, NASDAQ,
AMEX, Toronto, Vancouver, London, Hong Kong, etc.).
The banks
and brokers we deal with are major, reputable,
registered and insured international banks and
brokers, so your funds are totally safe. Panama
has one of the most advanced banking infrastructures in
the world today.
There are
many different factors that may motivate individuals to establish
offshore bank or brokerage accounts. The goals
that individuals consistently cite as they explore international
solutions to their concerns include:
1. Relief
from Harassment Lawsuits;
2. Relief
from Excessive Tax Rates;
3. The Need
to Re-establish Financial Confidentiality;
4. The Desire
for Complete Diversity of Investments
5. Re-invoicing
for Import / Export Businesses;
6. Passage
of Estate to Designated Beneficiaries without
Legal Delays or Deductions; and
7. Diversification
of Risk.
In some cases
people establish personal offshore accounts,
we recommend that our clients establish a corporation
in Panama with a corporate bank or brokerage
account (or both). You are appointed as the sole signatory
on the account so you maintain complete control over your funds.
Panama corporations provide you with total anonymity
and confidentiality. Panama corporations
offer "Bearer Share Certificates" and
"Nominee Directors", plus there are
no taxes or reporting requirements to the Panamanian government.
There are many advantages of Panama corporations.
Bearer
shares enable you to own a corporation without anyone
knowing you own it because the shares of the corporation are not
registered to you, rather they are registered to "The Bearer".
In other words, they are like cash and can be passed from one
person to the next without having to re-register them or report
it to anyone. We send you the Bearer shares once
the corporation is established.
Nominee
directors for the corporation are provided by our legal
staff so that you do not have to appear at the Panama
Public Registry when the corporation is established.
By using nominee directors, you remain completely confidential
and anonymous. We provide you with pre-signed, undated letters
of resignation from the nominee directors so that you can replace
them at any time through another Panamanian attorney
if you wish to do so. The nominee directors have
no control over the corporation or your funds
and they are only there to fill in the blanks on the corporations
articles of incorporation at the Public Registry.
The nominee directors can also be used to sign
contracts, agreements, or sign for any
other type of transaction that you wish to engage in.
More
info please Call:
++507.264.8920 /
Contact Us: astral@cableonda.net