It seems I indeed are in the process to find what I'm looking for to setup the proper offshore Company structure for my business venture. Actually I'm speaking with Bank of Anguilla to provide banking for my Belize and upcoming Mauritius Company.
So I ordered my Seychelles IBC and now I want a Panama company to own.
- Thread starter jorge
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Sure I don't mind. I setup a Seychelles Foundation, owning a Panama corp that owns a Seychelles corp that owns a Cyprus corp which I'm using for Trading Worldwide! has been costly and a Little complicated to setup, but it Works as I hope it woud do!
If you are using the search field on this forum you may find a lot of information about this topic as well as suggestions and ideas to how you can structure your offshore asset protection entity, just a friendly advise 🙂
If you have some sort of large business, holding or Investment Company doing 6 figures amounts you could consider to setup a Foundation or Trust to hold shares in your offshore corps. You would get a factor 100 in asset protection doing so. As Admin pointed out you want to do some more research on the forum also on Google!
And this is a problem for you because of? I don't understand why you don't just transfer the shares of the Seychelles company to the Panama entity. That's as simple as nothing and it is even TAX FREE, compared to European companies where this is a very difficult process and most often taxed then in your case it is easy. Just do it 😉
As you already made your point. I'm used to be taxed with such transferes in my country that's why I'm asking and are surprised to learn that it is not the case with offshore entities as those in question.︀ Thank you all for clarification in this matter it has been very helpful.
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