Long time lurker need your advise for my offshore company setup.

[Stabilo]

Hello all nice people 😉


I have been a long time lurker on this forum, never posted never replied. I have learned so much from this forumthumbups now is the time to make my first post.


My situation is the following:


In 2010 I registered a Seychelles Holding company lets call it Holding Inc. - in 2011 (last year) I registered a Cyprus company, during the registration process I asked my Agent (cclcogic) to make sure Holding Inc will be shareholder and director of the Cyprus company, everything went out as expected and I'm pleased with the setup.


Now I plan to establish a Trust in Panama to own the Holding Inc for additional security. Can you tell me how to do that?

 

[JohnLocke]

Great to see you here and thank you for posting your questions on the forum‌ :hello:

The process to transfer the shares to a Panama trust is almost the same‍ as you may remember it with the Seychelles company. This time there will need to⁠ be made a change of ownership in the Holding Inc. this will require a simple⁤ application and the original certificate of the Seychelles Holding to be send to us.

 

[Stabilo]

Thank you Admin very quick reply..:thumbsUp: What are the costs involved?

 

[JohnLocke]

Your most welcome, as long as I'm online here I will reply as fast as‌ possible 😉 The costs will depend on what else you is required and I would recommend‍ you to contact us Select a department - Offshore Company Formation - once the Panama⁠ Foundation has been established.

You may as well consider a Seychelles foundation :coffe:

 

[Stabilo]

Thank you will send a ticket to your sales team.

 

[offshoremax]

Welcome stabilo, I have been around for some times as well before I choosed to‌ register..

 

[JohnLocke]

Welcome to both of you and congratulations for your active membership at our offshore company‌ forum :hello:

 

[happyjohn]

Did you got the trust in Panama established as you say? Or what offshore entity‌ do you formed?

 

[TradingChina]

Do you know how to Panama merchant account and company and what company to setup‌ with?

 

[JohnLocke]

You may search the forum for Panama merchant account and corporate service provider (CSP) there‌ are a few companies mentioned.