It is said that Panama corporations are the anonymous corporations is the world. So what is this Anonymity with the Panama Corporation? It is said, under Panama law a bearer share corporation can be owned by the physical certificates of stock with no recorded owner in a public registry or database. The stock certificates can be privately be transferred with no record of the sale appearing anywhere at the same time the new owner can replace the directors with their own directors and have resignation letters in his possession for the directors.
A Panama corporation can own stock trading accounts, bank accounts, real estate, boats, cars, planes, art jewelry, businesses and other valuable assets without having to reveal the actual ownership of the corporation. There can be additional complex strategies that can be employed using the lawyer in performing certain functions for the corporation.
The Panama Banking secrecy and IBC are strong. Any bank in the civilized world requires a beneficial owner of any bank account also requires identity documents for that, but it is different for Panama bank since all the Panama bank secrecy laws are often considered the best in...
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