EpiphyCorp

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.

The second alternative is to transform the personal wealth in assets whose identity is encrypted, ie. the investor select the amount of capital that will be protected, from the assets directly involved in the commercial business, and transfers them to an entity that provides confidentiality on the owner´s identity. Numbered bank accounts are an alternative offered by some banks around the world: deposits are received in the name of an account with only an numbered ID, this accounts do not identify the owner in public transactions, but there is another measure of protection that provides the same results without having to create an encrypted bank account: the Panamanian corporations.

How it works: The investor transfers to a separate legal entity (Panamanian corporation) his personal capital with no connection to the business selected, protecting it from any non expected consequences that may arise. This is accomplished by creating a corporation and requesting to your bank a to create a bank account held by that company to which, once established the account, to be transferred the capital which we are seeking to protect.

The result is that the investor has a bank account with a capital protected as it is held by a corporation that has no commercial obligations, the corporation is safe under his control, but offers the advantage of not having a direct relationship with the person whose identity is protected, offering the same benefits of an encrypted bank account.

Tags: account, asset, bank, capital, corporation, ibc, management, protection, wealth