Offshore Company

The offshore company / IBC is the cornerstone of any offshore asset protection plan.  However there are some substantial differences between offshore corporations in Panama vs other jurisdictions.

Bearer Share Corporations and Strong Privacy.

Several popular offshore jurisdictions offer privacy through an offshore IBC / corporation.  There are, however, some important differences you should be aware of.  Some privacy jurisdictions do not offer bearer share ownership.  Instead the ownership is kept private by the privacy laws of the jurisdiction in question.  Bearer share ownership takes privacy one step deeper since the government doesn't even know who owns a Panama bearer share corporation.  Thus a bearer share corporation has embedded two layers of privacy.  The first layer is Panama's privacy laws, and the second is the fact that the true ownership of the corporation is completely private through the use of bearer shares.

Panama Bearer Share Corporations are Easily Transferred.

Since bearer shares are physical share certificates, company ownership can be transferred without any kind of legal paperwork.  Simply put, if two people were standing a room, and the shares are physically handed from one person to another, legal ownership for the corporation in question has just transferred.  This kind of privacy has made Panama a top choice among offshore banking centers.

Shelf Companies

We offer shelf companies for a variety of reasons.  Sometimes it is advantageous to own a corporation that has been in existence for a specific period of time.  It is important for paperwork and the formation date of a company to make sense.  For example, some businesses start out as a hobby and do not incorporate for some time.  Later the business may need to show that it has been in existence since it began operations, even though it did not incorporate at that time.

Companies that have been in business longer are trusted more than companies just incorporated.  For example, many offshore credit card processing companies require their clients to have been in business for at least 2 years.

Marketing is much easier when a company was established a number of years prior.  Customers are much more likely to trust a company that has been in existance for a number of years.  Nobody wants to say they started their business yesterday.  It just doesn't install confidence in the customer.