Indicate what type of entity(s) you want: Indicate whether you want a new Panama Foundation or a Panama shelf Foundation. If you choose to purchase a shelf Foundation, then simply indicate that you want a shelf Foundation. Please indicate how many Foundations you want of each type.

Selecting the Name(s): On the online application, you should indicate three name choices for each Foundation. Panama Private Interest Foundations names can be in any language and must include the word "Foundation" within the name (in any language) in Spanish spelling: Fundación. In English spelling: Foundation. For example, names for Panama Foundations could be: "Phillips Foundation", "Ocean Valley Foundation", "International Lands Foundation", or "Latinoamerican Child Protection Foundation". We will check to see if the names you selected are available in the Panamanian Public Registry. We can have this done within a few hours. The first available name selections will be incorporated as soon as we have received payment.

Foundation Council (Directors): On the order form, you should indicate who you want to appoint as council members (directors) of your Foundation(s). The council members can be either individuals or entities. If the council members are individuals, the law requires 3 council members (President, Secretary and Treasurer). If the council members are entities, the law only requires one council member. If our client is appointed as council member on the Foundation, then his/her name is publicly known as council member since the council members names and identifications must be presented in the public registry when the Foundation is formed. The only documentation on public record is the Foundation Charter (or articles) of incorporation and the names and addresses of the council members and Registered Agent.

We offer our clients the optional service of using our "Nominee Council" for their Foundation(s). For purposes of confidentiality, most of our clients prefer that we provide a nominee council for their Foundations. There is no additional fee for the use of our nominee council. When we appoint a nominee council for the entities that we establish for our clients, we always provide our clients with pre-signed, undated letters of resignation from the directors so that our client can replace the council/directors at any time. If the clients prefer to appoint their own council, they simply complete our online application with the names of the council members that they wish to use (they also must send us a photocopy of their council members passports).

Fopundation Beneficiaries: The Beneficiaries of the Foundation need not to be known by us when registering the Foundation. When you receive the Foundation documents, you will appoint the Protector, by signing the Private Protectorate Document. The Protector will need to write a Letter of Wishes, indicating who the beneficiaries of the Foundation are.

Payment: Payment can be made by Western Union. After submitting the online application, you will be contacted by our service staff and will be provided with payment instructions.