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Trusts in Panama |
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~LegislationTrusts in Panama are regulated by Law No. 1 of January 5, 1984, which is a flexible and adaptable instrument for the disposal and management of assets. In this regard, Panama is a reliable financial center experienced in managing Trusts. Constituting Trusts in Panama protects assets which, for tax and legal purposes, are independent of the trustee’s assets. In addition, there is the assurance that the holdings will be used to fulfill the aims of the trust. It should be noted that holdings in trust derived from foreign income sources are exempt from income tax in Panama. Our attorneys are experienced in drafting and issuing bonds and mutual funds in both local and international markets. Therefore, they can provide complete consulting services for anyone interested in issues related to corporate law.
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