Panama Corporations are known world wide for being the most anonymous corporations in the world. There are many advantages to incorporating your offshore company in Panama. The company has strict privacy laws, easily accessible banks, they don't recognize tax evasion as a crime or participate in any tax treaties and a corporation can be set up within a matter of days.

Panama law allows an S.A. corporation or a bearer share corporation to be owned by the actual person with physical possession the of certificates of stock. Your name will not appear as the owner in any type of public registry if you use nominee directors through a law firm. Even the government of Panama would have a challenging time figuring out who the company owners are. The law allows for the Nominee Directors to be hired and are they are considered employees and are not owners of the bearer share. However, the public registry does record their names. That is why most people hire people for their nominee directors in which they have no affiliation, because it helps further secure their anonymity.

Under a bearer share corporation, you can transfer the stock certificates easily and privately with no recorded proof of the sale that will link you to the transaction. Many people wonder what they can do with their bearer share corporation once it has been effectively set up.

In Panama a corporation can own its own bank accounts, have stock trading accounts, own real estate, have boats, planes, cars, art, jewelry, own other businesses, and many other valuable assets. All of this can be accomplished without anyone being able to tie the company to the true owner. In the eyes of the public it is all set up to belong to the bearer share corporation. Client attorney privilege is the first and most powerful layer that can be used in an asset protection strategy. If you are able to enlist the services of a good Panama lawyer there are a number of asset protection strategies they can help you figure out.

Regardless of where you go in the civilized world a bank will require a beneficial owner for any bank account that is opened. Identity documents are also required to open the account, but in Panama that is all covered their strict bank secrecy laws. Panama's banking secrecy laws are recognized as the best in the world enforced with jail time for offenders. In as little as two to three business days a Panama bearer share corporations can be incorporated when you are working with the right parties.

The exact particulars of a Panama bearer share corporation are not very complicated. The corporation may issue shares in physical form, but they don not have to be given a fixed value. The only publicly recorded documents are the initial articles of incorporation. Those documents list the officers and directors, which are the nominee directors that were selected and also the registered agent that was chosen. The person who actually owns everything on paper and in the eyes of the law would be the person who actually has the physical shares of the offshore company in their possession.

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