Private Asset Foundations
Panamanian
Private
Asset
Foundation (PAF)
Advantages:
Simple & quick to file
and begin operations;
Safe, anonymous and
private;
Internationally
recognized legal entity;
No taxes on assets or
capital;
No taxes on income
generated outside of Panama;
No taxes on interest
income generated in Panama;
No taxes on disbursements
paid to beneficiaries;
No annual reports or
financial statements to file
with Panamanian government;
Legal protection of
assets against 3rd party claims;
Inheritance laws of other
countries not
recognized by Panama;
Complete anonymity of the
beneficiaries;
Beneficiaries can be
Founder or his/her designees,
including children, spouse or other third parties;
Founder or his/her
designee controls all aspects
of foundation during his/her lifetime;
Upon Founder’s death,
assets are distributed
as per Founder’s written instructions;
Low annual operating
costs:
