Panama Financial Services Corporation

This is an anonymous S.A. Bearer Share Panama Corporation that is additionally licensed by the Panama Government as a Financial Services Corporation. The license is in the name of the Corporation and your name does not appear on the license or in any public registry relating to the corporation, so privacy is preserved. The Corporation Nominee Directors who are Panamanians will take out the license. The license is an official license with seals, stamps and is a document suitable for wall mounting. This license allows the corporation to engage in certain financial activities in Panama. The license does not allow the entity to act as a bank, for this a bank license is required. Banks provide checking accounts, take deposits directly, make loans personal and otherwise, write mortgages etc. This is also not a Trust Company License and not a Stock Brokerage License.

Panama Financial Services Corporation Authorized Activities

General Financial Consulting – In some jurisdictions this is a hard to get license that could prove useful to one engaged in financial consulting.

Debit Card Issuance Program– This is useful for one operating a program where ATM debit cards are issued and monies received from the individuals funding their cards where the balances are posted to the individual cards accordingly.

Virtual Gold Exchange Merchant - The licensed corporation can be used to operate as a virtual gold exchange merchant where you are accepting wires for exchange into virtual gold.

E-Wallet – The Corporation can be used for operation of an e-wallet where funds are received for further credit into an individuals e-wallet account.

Factoring – This allows one to operate a factoring company factoring receivables.

Leasing – This allows one to do full service leasing of capital equipment.

Money Exchanger Service - Trading of Foreign Currency as in converting say Euros into US Dollars physically for tourists as an example. The first 5 days of each month this type of business must submit a declaration with client data for all transactions over $10,000 to the Financial Analysis Unit in Panama as part of their anti-money laundering program.

Unauthorized Activities

Financial Administration Services - you would not be an accountant

Debt Collection – you would not be a collection agency.

Receive deposits from third parties – you are not a bank and cannot accept deposits or engage in banking activities without a banking license.

Securities Broker – You are not a securities or stockbroker with this license.

General Guidelines

The panama corporation that holds the license can engage in the above listed authorized activities. In addition the corporation can also engage in any other lawful activity that corporations in general can engage in, it is not restricted to the above activities only. Feel free to inquire by email, phone or messenger.

Bank Accounts - A Panama Corporation with such a license, can demonstrate to a Bank or other financial institution that the company is lawfully authorized by the Republic of Panama to manage third party funds inside the corporation bank account or an account it has with another financial institution. If you get challenged by a bank regarding having third party funds in your account this license should prove most helpful since you are lawfully allowed to do so, it is of course going to depend on the individual circumstances and jurisdictions involved.

Price - For an anonymous Panama Financial Services Corporation with this License we charge $9500.00 complete. We can assist with the opening of a Bank Account as well in Panama and in other Jurisdictions for an additional fee, inquire. We do it all for you from start to finish. We are a Panama Law Firm. You will have an attorney assigned to your case that you can call and ask questions of any time. We do not turn on the billing clock for questions. If we need to draft papers, read contracts, write contracts, file in the public registry etc we charge $150 per hour and generally require a retainer unless you are an established client.

Due Diligence - It is important that we have a full understanding of the planned activities of this corporation in detail. The bank will also want this information as well. We will require a notarized copy of a passport, a notarized copy of a driver’s license, a bank reference letter and a general business reference letter.

Privacy – We will know who you are but all that information is covered by strong Panama Attorney Client Privilege, which would require a Panama judge to order us to release this information.

Panama is in no tax treaties with any country, none means not a single one.

The ownership of the corporation does not appear in any public registry or database. The government of Panama does not know who owns the corporation. Shares need not be kept in Panama. The license is in the name of the nominee directors not you. If you require a bank account the bank will by law need to know their customer and that would be you. However we would use a country with strong bank secrecy only. When wires move in and out of a bank account with this corporation no one would be able to tell who owns the corporation (pierce the corporate veil) so it is like the old Swiss numbered bank accounts except instead of a number an anonymous corporation is used instead.

Feel free to ask questions.