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PANAMA Offshore Foundation formation

The Panama Private Interest Foundation (PPIF) is a type of Private Foundation considered the most secure asset protection tool in the world, regulated by The Legislative Assembly in Panama approved Law No. 25 of June 12, 1995 and constructed on the Panamanian Trust Law (No. 1 of 1994) as well as the Liechtenstein Family Foundation Law of the Principality of Liechtenstein in Europe. Panama Foundations have no owners under Panama Law - the beneficiaries and the protector, which are the effective controllers of the company, do not have to be publicly register anywhere. The Panama Foundation structure is Europe's equivalent of a Trust and has been used principally as an estate and succession planning tool by wealthy families for hundreds of years.The offshore foundation is a ... Read More »