Articles from February, 2009

A corporate alternative to numbered bank accounts

Monday, February 9th, 2009

Anyone interested in doing business investment, should take the necessary precautions for their commercial projects, either larges or smalls, to not interfere with the management of the rest of their personal wealth and to not pose a risk for it. For this purpose there are two alternatives: to manage a business or investment through a third party (corporation) independently of the investor’s personal assets, but sometimes the business selected, requires a direct relationship with the investor persona, being for his expertise or recognition in that specific business area (eg an architect within a firm of architects, a real estate agent within a company of real estate, etc.) or simply it is needed the investor’s identity as their direct involvement is required by laws and regulations of the country where the business will be made. In such situations we must consider the second alternative.

 

Panamanian corporations: their relevance today

Sunday, February 1st, 2009

Since its inception in 1928, the Panamanian corporations have presented a number of commercial advantages, which remain in force today:

  • Rapid creation and low maintenance costs.
  • Legally recognized protection of the investor’s identity, and
  • Limits the liability of investors in respect to society´s obligations.