How To Get An Offshore Bank Account In Panama

How To Get An Offshore Bank Account In Panama

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Congratulations, following these guidlelines you will be able to have an offshore Panama bank account in three days. You have decided to conduct your offshore asset protection in Panama and you have made an intelligent decision.

The minimum opening deposit is $1000. The bank account can either be in US dollars or in Euros. The documents required are; a notarized copy of your passport, a notarized copy of your driver license, a bank reference letter from your lawyer, business associates or accountant.

Law firms will provide several things needed by the banks, for a small fee. These law firms will take care of paying Registration expenses, Annual taxes and act on Power of Attorney.

American and Canadian people can not own personal accounts. There are structures like a corporation with a bank account, a foundation with a bank account or a foundation with a corporation with a bank account or variations of these.

There are usually a corporation with a bank account, a foundation with a bank account or a foundation with a corporation with a bank account or variations of these. American and Canadian people can not own personal accounts.

These law firms will provide several things needed by the banks, for a small fee. They will provide Resident Agents, 3 Nominee Directors with resignation letters, and the Share Certificates for bearer share corporations.

They can also provide the Register Book, Corporate Resolution and the Articles of Incorporation. Law firms will take care of paying Registration expenses, Annual taxes and act on Power of Attorney.

You will be well taken care of by your legal counsel. All you need are the required documents mentioned above, the minimum deposit amount and the legal fees required.

Now doesn't that sound simple? If you have decided to conduct your offshore asset protection in Panama, you have made an intelligent decision. Congratulations, following these guidelines you will be able to have an offshore Panama bank account in three days.


About the Author:
To set up a panama offshore bank account or banking offshore please visit the OffshoreLegal website. You can get a unique content version of this article.



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