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Order Your Panama Foundation Today!

 

If you do not wish to scroll through this page, you may jump directly to the order explanations and forms below:

 

Automated E-currency, Paypal, Credit Card, E-check, PicPay, and other automated payment methods explanation

 

Cash deposit, wire transfer, and other manual payment methods explanation

 

Payment buttons for automated checkout

 

 

Foundation Review

 

Before you make your order below, please review these points.  This will make sure you understand the operations and formation of this structure.  You may find a more complete explanation here if you have not already reviewed that page, we suggest you do:

 

The Private Interest Foundation Law of Panama is based on the Panamanian Trust Law (No. 1 of 1994) as well as the Liechtenstein Family Foundation Law of the Principality of Liechtenstein in Europe. The Legislative Assembly in Panama approved Law No. 25 of June 12, 1995, whereby private interest foundations are regulated. Below we summarize its relevant aspects.

* CONSTITUTION. The foundation may be constituted by one or more natural or juridical persons, either by themselves or through third parties. The endowment of a foundation capital is required, exclusively destined to the purposes expressly provided in the foundation instrument. The foundation capital may be increased by the founder or by the Board of Governors of the Foundation. Constitution may be obtained through the following methods; a) private instrument subscribed by the founder, whose signature must be authenticated by a Notary Public; b) before the Notary Public of the place of constitution. In case the foundation is to be formed to have effect after the founder's death, testamentary grant formalities are not required. The foundation instrument must contain:

1) Name of the foundation. Which must not be identical or similar to any other existing foundation in Panama. The word     "foundation" must be included in the name, 2) Foundation Capital. No less than US$10,000.00, 3) Names and addresses of the foundation board members to which the founder may belong;, 4) Domicile of the foundation,  5) Name and domicile of the foundation's resident agent (lawyer or law firm) who must authorize the foundation instrument before its registration at the Public Registry Office; 6) Purposes of the foundation; 7) Procedure to appoint the foundation's beneficiaries, amount which the founder may be included; 8) Reserve of the right to modify the foundation instrument when deemed convenient; 9) Duration of the foundation; 10) Destiny of the foundation assets and liquidation procedure upon dissolution, and; 11) Any other lawful clause the founder deems convenient.

* PURPOSE. Private interest foundations must seek Non-Profitable Purposes. Nevertheless, commercial activities may be carried out and capital stock rights may be enforced by the foundation as long s the outcome of such activities is destined to the foundation's purposes.

* TAXATION. All foundations are subject to payment of registration fees and annual franchise tax equivalent to those charged to Panamanian corporations. All acts of constitution, modification, extinction, transfers or encumbrance regarding the foundation assets and foundation assets related income, are exempt of any kind of taxes, duties, charges or fees, if such assets meet the following requirements: 1) Assets located abroad, 2) money deposited by natural or juridical persons whose rent is not of Panamanian source or not taxable in Panama, 3) stocks or any kind of securities, issued by corporations whose rent is not of Panamanian source or not taxable by any cause, even though those stocks or securities are deposited in Panama.

* REGISTRATION. Registration of the foundation instrument before the Public Registry Office shall invest legal capacity to the foundation, regardless of any other legal or administrative authorization. Said registration will also be of public record against third parties.

* FOUNDATION CAPITAL. Once the foundation is registered, the founder or third parties have have obliged to the endowment of assets (either current or future), must formalize its transfer. An important characteristic of the foundation capital is that it constitutes an independent property from the founder´s personal property. Therefore foundation capital may not be attached or garnisheed, except for damages or obligations incurred as result of the foundation purposes. In any case, foundation capital will compensate personal obligations of the founder or the beneficiaries.

* IRREVOCABILITY. Private Interest Foundations and transfers to the foundation are irrevocable.

* FOUNDATION BOARD. This Board must have a minimum of three (3) members, in the case of natural or juridical persons. Its main function is to fulfill the foundation purposes.

* SUPERVISORY ORGANS. Besides the foundation board, the foundation instrument may provide for the appointment of supervisory organs ( custodians, auditors, or any other similar) appointed by the founder or majority of founders.

* DISSOLUTION. Specific causes are established in the Law, but in general they may be perpetual.

* FOREIGN FOUNDATIONS. Foreign foundations may be registered in Panama and continue its legal existence as private interest foundations in the Republic of Panama. Likewise, private interest foundations constituted according to Panamanian Law and its assets, are entitled to be transferred to another jurisdiction.

* BANKING SECRECY. All members of the Foundation Board and Supervisory Organs as well as private of public officers that are aware of the foundation activities or operations must provide reserve and confidentiality at all times, and are subject to criminal and civil responsibility.

* CONTROVERSIES. The foundation instrument may express that all controversies will be settled by arbitration. In lack of this provision, general Procedural law would be applicable.

 

How to Place Your Order

 

Online, Automated Secure Payment Choices

 

We accept a wide range of payment systems for your convenience in ordering.  We accept all major credit cards, as well as electronic bank transfers from both US and European bank accounts.  These transactions are handled by 2Checkout, and your orders are handled safely on their secure servers. 

We also accept a wide range of internet e-currencies, including e-gold, 1mdc, Goldmoney, and Pecunix.  These are handled on the secure GOLDCART system.  We also accept e-bullion, IntGold, and Virtual Gold, but these are not handled through a shopping cart, and must be processed manually at this time.

We also take Paypal, PicPay,  and  CacheCard systems through their secure servers.

 

Cash Deposits, Wire Transfers, and other Manual Payment Methods

 

We also support a variety of other forms of payment that

need to be processed manually.  Those are cash bank deposits in various banks in Europe, the US, Malaysia, the Philippines and Singapore.  We also accept card to card InGold card transfers and wire transfers, as well as IntGold, Virtual Gold, and E-Bullion as well as our own system, Offshorearnings.  For details on these manual payment methods, please send an email to: customers@destiny-worldwide.net

 

Place Your Online Order Below

 

NOTE: Once your order is successfully processed, the payment gateway will notify us via email of your successful order completion.  It should also take you to the thank you page, but on some of these systems, you must press the “continue” button to go to that page.  Other systems will take you there directly.  On the thank you page, you will find the Foundation data form that you need to copy to your computer’s word processing or email program for your completion [please save a copy of this completed form on your computer for your records].  Once the data form has been filled out, please email it to us at customers@destiny-worldwide.net.  PLESE DO NOT EMAIL AS A FILE ATTACHMENT, SIMPLY COPY THE COMPLETED FORM INTO YOUR EMAIL PROGRAM DIRECTLY FOR SENDING, AS WE DO NOT OPEN FILE ATTACHMENTS FOR SECURITY REASONS! 

 

If you do NOT get taken to this form on the thank you page, but your order has been completed successfully, please let us know at the above email address and we will email the form back to you. 

 

Note that for e-gold, 1MDC, GoldMoney, and Pecunix orders, the cart does not take you to this custom thank you page. We will email the required form to you manually, so make sure you fill in your proper email address with your order when the cart prompts you.

 

We are at your service Monday – Friday during normal business hours.  Please allow one business day for you to hear back from us an acknowledgement of your order. If you do not hear back from us in that time, send an email to the above address to alert us to look for your order.

 

Please look at the choices below, and select the appropriate choice with the options you are choosing:

 

All of the below include the following:

 

The offshore incorporation package comes complete  with Articles of Incorporation, notarized Power of Attorney with Apostille, Nominee Directors, Bearer Share Certificates, Minutes of Board Resolution, Letters of Resignation from Directors, Certified English Translation of documents.

 

 

1.  Standard Package: usually includes Articles of Incorporation, English Translations of Documents, issuance of a Power of Attorney, Share Certificates,  Directors [provided by client], Resident Agent for one year, and Registration Address. It will not include Certificate of Incorporation with Apostille which is optional and requested/obtained after incorporation.  Also includes courier shipment directly to you.  Normally, the Power of Attorney with Apostille is sufficient to open a bank account, but some banks require the Certificate of Incorporation with Apostille in addition to open an account.  If you want our agents to arrange an offshore bank account for you, see other package below.

 

Investment: $750.00 includes courier fee to you.

Automated Payment choices:

 

Credit card & E-checks in USA & Europe handled through 2Checkout’s secure order form.  Click here to order.

 

 

Click here to order with the above e-currencies

 

Use this button to buy with Picpay

 

 

To Pay with PayPal, press this button:

 

 

2.  Nominee Directors package:  Same as Standard Package, but with 3 nominee directors provided by the incorporators.

 

Investment: $950.00

 

Credit card & E-checks in USA & Europe handled through 2Checkout’s secure order form.  Click here to order.

 

 

Click here to order with the above e-currencies

 

To pay with Picpay, press this button:

 

 

To Pay with PayPal, press this button:

 

 

3.  Standard Package plus Certificate of Incorporation and Apostille:

 

Investment: $950.00

 

Credit card & E-checks in USA & Europe handled through 2Checkout’s secure order form.  Click here to order.

 

 

Click here to order with the above e-currencies

 

To Pay with Picpay, press this button:

 

 

To Pay with PayPal, press this button:

 

 

4.  The Works: Nominee Directors (3), Certificate of Incorporation with Apostille, assistance* in opening offshore bank account for your foundation and one year of Costa Rica maildrop service for official communications [this will act as your address for official notices and for the sending of your original documents, which will then be forwarded to you via courier, if you want a complete offshore mail and receiving service, order separately in that section of this website]

 

Investment: $1,100.00

 

Credit card & E-checks in USA & Europe handled through 2Checkout’s secure order form.  Click here to order.

 

 

Click here to order with the above e-currencies

 

To Pay with Picpay, press this button:

 

 

To Pay with PayPal, press this button:

 

For all purchases with credit card or e-check in USA or Europe, the charges are processed through 2 Checkout.com.  Here is the required information on this payment method: “Goods and services provided by D.W. Global, SA (XX, Costa Rica). Sold by 2CheckOut.com Inc. (Ohio, USA).”

 

*Note: it is becoming more and more difficult to open offshore bank accounts, and there is no way to guarantee that our banks will accept you as a customer.  We have a 90%+ success rate, but there are times when a bank may decline to open an account, due to unforeseen factors.  We are not responsible for your being declined, and this service is offered as a courtesy for those who order the Complete Package, and we are not responsible in the unlikely event that your Foundation is declined for any reason.