Private Interest Foundation come into existence upon registration in Panama Public Registry by law No. 25 of June 12, 1995.

The Panama Government designed the Panama Private Interest Foundation with the objective of creating a flexible and affordable vehicle for people that want to protect their assets. This is a very useful instrument in the planning of inheritances and for asset protection, as a Trust due, but also very similar to Corporations.

All the assets of the Panama Private Interest Foundation take on a separate legal identity from the personal assets of the Founder, Protector, Council, or Beneficiaries.
Private Interest Foundations offer several advantages, like providing privacy, anonymity and protection to the Founders and Beneficiaries of the Foundation.

The Private Interest Foundations must be constitute as non profit organizations, with an Initial Patrimony Amount of US10, 000.00

The expenses related to create Private Interest Foundations and annual fees are very similar to Corporations. They operate tax free when your incomes are offshore and the address could be changed any time.

-- Panama Foundation Include --