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Heygood, Orr, Reyes and Bartolomei provides a wide range of
legal services for investing and retiring in Latin America.
Our AV-Rated firm has a staff of over 50, ready to assist you
with virtually any legal need.
In particular, Panama has a longstanding reputation for offshore
banking, due to the numerous financial tools for asset protection.
Our firm is well-equipped to work with you to establish a corporation
or foundation in Panama. These two options provide secure and
anonymous (if desired) means of protecting assets and their
owners.
Below is a list of Latin American investment services we offer,
along with detailed descriptions. We’re also ready to
assist with a wide variety of business litigation issues, along
with business/personal banking needs in Latin America, offshore
investment consultation, mail forwarding and more.
PANAMA CORPORATIONS
A. COMPANY FORMATION
The formation fee includes incorporation of a company with
our standard Articles of Incorporation and our standard capital
of $10,000.00 (or 500.00 shares without nominal value). This
amount also includes the registration fee, the fees for our
services as Registered Agent for the first year, as well as
the Single Annual Fee of the first year, two (2) share certificates,
and Shares register with minutes book.
B. ACQUISITION
OF "SHELF COMPANY"
Includes Item A above. Acquisition of Old Companies. Please
inquire about the individual cost of companies. Any other
expenses incurred are in addition to the costs indicated in
A and B above.
SINGLE ANNUAL FEE
This governmental charge applies after the second year, as
the annual fee for the first year is included in formation
charges noted above in Item A. This is an annual fee
charged by the Government of Panama, and it must be paid
through the Registered Agent. A charge of $50.00 is
imposed by the Government of Panama if the annual fee is
not paid within the term established to that end.
D. OTHER ANNUAL CHARGES (OPTIONAL)
• Provision of Directors/Appointees (Per
director, per year)
• Provision of Full Board of Directors
• Provision of Shareholders (Fixed
charge for one or more shareholders)
• Use of or P.O. Box
• Records Custody (This
charge applies if we provide all of the directors because the
corporate books will be kept in Panama)
E. OTHER CHARGES
• Public Registry Inquiry
• Certificate of Validity
• Certifications (plus
consular fees at cost)
• Opening bank accounts
TRUSTS
PASSIVE
TRUSTS (FOR SHARE TRANSFERS)
• Used to transfer the shares of corporations to Trust Beneficiaries
upon Trustor’s death.
• Creation
• Annual Maintenance
• Upon asset distribution
• Trust termination prior to distribution
ACTIVE TRUSTS OR TRUSTS WITHOUT DISCRETIONAL POWERS
• Contract drafting
Upon creation and on an annual basis the following years:
• According to book-value of trust assets up to US$ 250,000.00
• From US$250,001.00 to US$500,000.00
• US$500,001.00 or more
Trust-related charges for assets amounting to over US$500,000.00
are to be negotiated with us.
PRIVATE INTEREST FOUNDATIONS
• Set-up (including notarial
and registration expenses)
• Annual Permit (Registered
Agent)
• Annual Fee (To be paid
within three months from registration, and once a year for
every year of effective registration)
• Annual Charge for provision of Managing Board
• Change of domicile (including
notarial and registration expenses)
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