SKU #12 · Panama · GRAY
Panama Foundation
Panama private-interest foundation filed under Law 25 of 1995 (Fundación de Interés Privado). Civil-law asset-protection vehicle distinct from a trust. Panama is on EU Annex I (the tax blacklist) as of Feb 2026; buyers should expect elevated due diligence from EU banking counterparties. The Liechtenstein Foundation is our EEA-aligned alternative for clients whose counterparties treat Annex I as a hard block.
What's included
- Engagement letter
- Sanctions screen
What's NOT included
- State / government pass-through fees
- Mail forwarding
We list what's not included on every product page so there are no checkout surprises.
Timeline & terms
- Formation
- 7 business days
- KYC tier
- Tier 1
When to choose this product
Operator-grade use case
Long-form use-case narrative for this SKU is in progress. The summary on the product page above and the included documents list reflect the actual scope of work.
KYC document checklist
What you'll need to hand us
Tier 0
Applies- Email address
- Country of residence
- Intended use statement (free-text)
Tier 1
Required- Government-issued photo ID (passport or national ID)
- Proof of address (utility bill, bank statement, or government letter, dated within 90 days)
- Source-of-funds attestation (drop-down + free text)
- Optional: PEP and adverse-media screening consent
Tier 2
Not required- Everything in Tier 1
- Beneficial owner declaration for every party with 25%+ ownership
- Source-of-wealth documentation (tax return, employment letter, salary, asset proof)
- Manual enhanced-due-diligence reviewer notes from our KYC partner