PMC Group Panama Offers New Services

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) June 12, 2010 -- PMC Group Panama has over twenty-five years of experience in both Corporate and Individual Law. wanting to It has earned a reputation as a trusted advisor to many companies and individuals know more about setting up Corporations, Private Banking and many other offshore services. PMC Group Panama is now enabling its esteemed clients to benefit from its offshore services by offering the Offshore Corporation & Private Interest Foundation package.

PMC Group Panama offers this package to customers who would like to protect already existing assets, who would like to invest in real estate or financial instruments or entrepreneurs who are looking at starting a company and earning healthy profits. PMC Group Panama has a professional staff with years of experience and a wide range of expertise. They can advise and provide all the necessary assistance to individuals and organizations of any size, to set up Offshore Corporations or Private Interest Foundation. To begin with, they spend some time knowing the clients requirements and explaining to them the benefits of both Panama Offshore Corporations and Private Interest Foundations. For example,
Shares of Panama Offshore Corporation can be issued in physical bearer form and the only documents that have to be publicly recorded are the articles of incorporation. The owners are not mentioned anywhere and the articles will only list the nominee officers and directors. The Republic of Panama does not require any annual general meetings of the directors or shareholders nor any minimum amount of paid up capital. The records as well as the bearer share certificates of the Panama Offshore Corporation can be kept anywhere in the world and nobody has to be informed about its location.

Panama has extremely strong banking secrecy laws. There are serious civil and criminal penalties for the bank and their employees if they are found to have disclosed any information about individuals or corporations who have accounts with them. This has ensured that the Republic of Panama is one of the safest offshore destinations for starting an Offshore Corporation.
Panama Private Interest Foundations work best to protect the assets of the person forming the Foundation. The Foundation has no owner and the assets belong only to the Foundation. Thus they are well-protected against lawsuits or claims by family members. Legally binding instructions decide how the income and assets of the Foundation are to be treated. Though the Foundations themselves cannot run a business, they could own Panama Offshore Corporations that run one, thereby adding another level of secrecy to the ownership.

PMC Group Panama will work with the client to know what will work best for them and then guide them through the various formalities as also help them in completing the necessary paperwork without any hassles.

The rapid economic growth of the Republic of Panama is attracting a large number of financial investors, entrepreneurs and real estate investors to the country. PMC Group Panama is confident that they will benefit enormously from the helpful tax regime and strong privacy laws of the country. PMC Group Panama looks forward to assisting them in their endeavour to establish a Panama Offshore Corporation or in their search for the right investment avenues through a Private Interest Foundation.