Panama
Offshore Investment Structure

Please provide the following information to enable formation of your Panama Private Interest Foundation (P.I.F.) and International Business Corporation (I.B.C.), complete with an offshore Panama Bank Account and International Trading Account.

All information contained on this form is strictly confidential and will only be disclosed on a ‘need to know’ basis to qualified service providers directly related to the formation of your Private Interest Foundation, International Business Corporation, Panama Bank Account, and International Trading Account.

Personal Information

First / Middle Name :     *
Last Name :     *
Complete Delivery Address :     *
City :     *
Province / State :     *
Postal / Zip Code :     *
Country :     *
Citizenship :     *
Passport Number :     *
Passport Issue Date (DD-MM-YEAR) :     *
Passport Expiry Date :     *
Home Phone :     *
Work Phone :     *
Cellular No. :    
Facsimile :     *
Electronic Email (Primary) :     *
Electronic Email (Secondary) :    
Preferred Method of Contact :     *


Foundation Name

Please select three (3) name choices, in priority order, for your Panama Private Interest Foundation. Panama Private Interest Foundation names can be in any language but must include the word ‘Foundation’ in any language.

P.I.F. Name (1st Priority) :     *
P.I.F. Name (2nd Priority) :     *
P.I.F. Name (3rd Priority) :     *

In priority order, the above names you selected will be verified with the Panamanian Public Registry to determine availability. The first name available will be used to form your Panama Private Interest Foundation.



Foundation Founder

The Founder is the person or entity that establishes the Foundation in the Panamanian Public Registry. Your Foundation will be established with a Nominee Founder, since the identity of the Founder appears in the Panamanian Public Registry. The Nominee Founder will have no knowledge of you or your affairs, ensuring your privacy, protection, and anonymity. The Founder has no control over the Foundation and / or its affairs, and is only recognized as the individual or entity that presented the Foundation Articles for filing in the Panamanian Public Registry when the Foundation was originally registered.

However, it is extremely important to note that the Foundation is revocable by the Founder. Therefore, a private document transferring the rights and obligations of the Nominee Founder, as registered in the Foundation Charter, to the Actual Founder, being you or another designated person, will be established immediately following registration of your Foundation.

Please insert your name (recommended), or alternatively, the name of another person you wish to have established as the Actual Founder. The Founder may be a natural or legal person of any nationality.

Founder Complete Name :     *
Physical Address :     *
City :     *
Province / State :     *
Postal / Zip Code :     *
Country :     *
Citizenship :     *
Passport Number :     *
Passport Issue Date :     *
Passport Expiry Date :     *




Foundation Council

A Panama Private Interest Foundation requires three (3) Foundation Council Members. The Council Members should be individuals, but if required, could be other legal entities, such as a corporation.

The Foundation Council can be thought of as being similar to the board of directors of a corporation. However, Nominee Council Members have no control over the assets of the Foundation and cannot perform banking transactions, since they do not have bank signatory privileges. If the Nominee Council Members attempted to add, change, or delete any bank account signatories, the bank would first directly contact the existing signatories (you and / or your designates) on the account for written permission.

If you appoint yourself as one of the Council Members, then your name will be publicly known, since the name and identification documents of each Council Member must be recorded in the Panamanian Public Registry when the Foundation is registered. Generally, the only documentation on public record is the Charter (Articles) of the Foundation, the names, addresses, and identification documents of the Founder and Council Members, and the name and address of the Registered Agent.

For confidentiality purposes, it is recommended that you appoint “Nominee Council” for your Panama Private Interest Foundation. When you appoint Nominee Council for your Panama Private Interest Foundation, you will be provided a pre-signed and undated letter of resignation from each of the Nominee Council Members so that you can replace the Council Members at any time, should you desire to do so.

I wish to use Nominee Council for my Panama Private Interest Foundation.

Otherwise, if you prefer to appoint your own Council, simply provide the names and addresses of each Council Member you wish to use (Note: You must also provide us a certified photocopy of each Council Members passport).



Council Member No. 1
Complete Name :     *
Physical Address :     *
City :     *
Province / State :     *
Postal / Zip Code :     *
Country :     *
Citizenship :     *
Passport Number :     *
Passport Issue Date :     *
Passport Expiry Date :     *


Council Member No. 2
Complete Name :     *
Physical Address :     *
City :     *
Province / State :     *
Postal / Zip Code :     *
Country :     *
Citizenship :     *
Passport Number :     *
Passport Issue Date :     *
Passport Expiry Date :     *


Council Member No. 3
Complete Name :     *
Physical Address :     *
City :     *
Province / State :     *
Postal / Zip Code :     *
Country :     *
Citizenship :     *
Passport Number :     *
Passport Issue Date :     *
Passport Expiry Date :     *




Foundation Protector

The Protector is the individual or entity who will actually control your Panama Private Interest Foundation and the assets of your Foundation. At the time your Foundation is established, a Protector will be appointed through a notarized Private Protectorate Document executed by the Nominee Council Members. This document is not registered or recorded in the Panamanian Public Registry, therefore the position of the Protector remains completely private and anonymous. Once a Protector is appointed, the Protector can remove and replace the Nominee Council Members without further procedures or permissions. Appointing yourself as Protector enables you to maintain absolute control over your Foundation and the assets of the Foundation, while maintaining complete privacy. A Protector is not mandatory, and you can choose to appoint a Nominee Protector as well, however, it is recommended that you appoint yourself as the Protector of your Foundation for security and peace of mind.

For additional security, a provision can be added to the Foundation Charter and / or Foundation Regulations requiring the Nominee Council Members to obtain written authorization of the Protector prior to exercising any control. For example, if the Nominee Council Members attempted to enter into a transaction on behalf of the Foundation, the official document required naming each Council Member would also limit their ability to act without the written authorization of the Foundation Protector.



Foundation Beneficiaries

There are no owners of a Panama Private Interest Foundation. Instead, the assets of the Foundation are distributed to designated Beneficiaries. The Protector designates the Foundation Beneficiaries through either a simple private written set of instructions or a formal set of Foundation By-Laws. Either method ensures the privacy and confidentiality of the Beneficiaries, thereby protecting against the possibility of kidnapping, blackmail, extortion, identity theft, and frivolous litigation. For added control, your Private Interest Foundation may be structured so that the Protector (advisably you) is the sole Beneficiary of the Foundation until death, at which time the Foundation continues, but its purpose alters for the benefit of the designated Successor Beneficiaries. You could also insert instructions that are highly specific. For example, if a certain Beneficiary (surviving spouse) remarried, then their benefits may shift to another Beneficiary (surviving children). Panama Private Int erest Foundations can remain registered and operable for 120 years. Panama Private Interest Foundations also restrict the ability of the Beneficiaries to litigate or contest with each other.



Corporation Name

Please select three (3) name choices, in priority order, for your Panama International Business Corporation. Panama International Business Corporation names can be in any language but must include one of the following corporate suffixes: Inc., Incorporated, Corp., Corporation, S.A. (Note: “S.A.” in Spanish means "Sociedad Anonima" or "Anonymous Society", which is just another form of "Corp." or "Inc." in Spanish).

P.I.B.C. Name (1st Priority) :     *
P.I.B.C. Name (2nd Priority) :     *
P.I.B.C. Name (3rd Priority) :     *

In priority order, the above names you selected will be verified with the Panamanian Public Registry to determine availability. The first name available will be used to form your Panama International Business Corporation.



Corporation Directors

A Panama International Business Corporation requires three (3) Directors (President, Secretary, Treasurer). The Directors can be either individuals or other legal entities.

If you appoint yourself as one or more of the Directors of the Corporation, then your name will be publicly known, since the name and identification documents of each Director must be recorded in the Panamanian Public Registry when the Corporation is registered. Generally, the only documentation on public record is the Deed (Articles) of incorporation, the names, addresses, and identification documents of the Directors, and the name and address of the Registered Agent.

For confidentiality purposes, it is recommended that you appoint “Nominee Directors” for your Panama International Business Corporation. When you appoint Nominee Directors for your Panama International Business Corporation, you will be provided a pre-signed and undated letter of resignation from each of the Nominee Director so that you can replace the Directors at any time, should you desire to do so.

I wish to use Nominee Directors for my Panama International Business Corporation.

Otherwise, if you prefer to appoint your own Directors, simply provide the names and addresses of each Director you wish to use (Note: You must also provide us a certified photocopy of each Directors passport).


President
Complete Name :     *
Physical Address :     *
City :     *
Province / State :     *
Postal / Zip Code :     *
Country :     *
Citizenship :     *
Passport Number :     *
Passport Issue Date :     *
Passport Expiry Date :     *


Secretary
Complete Name :     *
Physical Address :     *
City :     *
Province / State :     *
Postal / Zip Code :     *
Country :     *
Citizenship :     *
Passport Number :     *
Passport Issue Date :     *
Passport Expiry Date :     *


Treasurer
Complete Name :     *
Physical Address :     *
City :     *
Province / State :     *
Postal / Zip Code :     *
Country :     *
Citizenship :     *
Passport Number :     *
Passport Issue Date :     *
Passport Expiry Date :     *




Share Certificates

The shares of the Corporation can be issued either to "The Bearer", or in Nominative Form (to a specific person or entity). Either method does not require the Shareholders (beneficial owners) to be recorded in the Panamanian Public Registry.

Regardless of what is recorded in the Panamanian Public Registry, we recommend that the Shareholders maintain complete anonymity. Therefore the Corporation shares should be issued to “The Bearer”, meaning the Corporation shares are like cash, and can be passed from one Bearer / Owner to another Bearer / Owner by a physical share certificate without re-registering the shares through a registered agent. This is a very anonymous and confidential form of ownership, and is another reason why Panama is one of the most popular jurisdictions to form an International Business Corporation.

I wish to have 100% of the shares issued to “The Bearer” for my Panama International Business Corporation.

Otherwise, if you prefer to have the shares of your Panama International Business Corporation issued to a specific person or entity, then simply provide the full legal names of the person / entity Shareholders and what percentage of the Corporation each person / entity will hold.


Shareholder No. 1
Full Legal Name :     *
Citizenship :     *
Identification Document :     *
Document Number :     *
Percentage Owned :     *


Shareholder No. 2
Full Legal Name :     *
Citizenship :     *
Identification Document :     *
Document Number :     *
Percentage Owned :     *


Shareholder No. 3
Full Legal Name :     *
Citizenship :     *
Identification Document :     *
Document Number :     *
Percentage Owned :     *


Shareholder No. 4
Full Legal Name :     *
Citizenship :     *
Identification Document :     *
Document Number :     *
Percentage Owned :     *


Shareholder No. 5
Full Legal Name :     *
Citizenship :     *
Identification Document :     *
Document Number :     *
Percentage Owned :     *




Payment Details

Your complete offshore structure will include:


One (1) Panama Private Interest Foundation with:

One (1) offshore Foundation bank account with:

One (1) offshore Foundation Brokerage account with:

One (1) Panama International Business Corporation with:

One (1) offshore Corporation bank account with:

One (1) offshore Corporation Brokerage account with:

To ensure that your offshore structure remains private and undetectable to prying eyes, it is recommended that you keep the details of your offshore structure and related transactions confidential. In addition, the payments for our services will be invoiced from our Canadian consultation corporation, Nuvacorp Limited, (as “business consultation services”), thus allowing you the opportunity to claim it as an expense through your own Canadian corporation.

The total amount invoiced from Nuvacorp Limited to your Canadian corporation will be One Thousand Eight Hundred and Fifty Canadian Dollars ($1,850.00 CND) plus the Goods and Services Tax.



Time Schedule

Once all the required information and payment is received, your complete offshore structure should be established within 10 business days. We will send all your original documents and related information to the “Delivery Address” indicated on this form. Alternatively, we can hold all the documents for you until your next visit to Panama.


Acknowledgment / Authorization

I have reviewed the enclosed form and request that an Offshore Investment Structure be created using the information I have provided within.