Wealth Management Legal Services in Panama

Paralelaw offers customized strategies to safeguard and grow your wealth by tapping into Panama’s status as a prime global financial hub. We blend asset protection, tax efficiency, and multi-generational planning so you can maintain and expand your personal and business assets with confidence.

Core Services

1. Private Interest Foundations (PIFs)

Panama’s PIFs are a top choice for long-term family wealth planning:

  • Asset Protection
    After a three-year period, assets are shielded from creditors and legal disputes (Law 25 of 1995).

  • Estate Planning
    Privately designate beneficiaries to bypass forced heirship rules, ensuring an easy transition of wealth without court interference.

  • Tax Benefits
    No taxes on income or capital gains generated outside Panama, for non-resident beneficiaries.

2. Trusts & Estate Planning

  • Tailored Trust Solutions
    From charitable giving to business succession, we craft trust structures that align with your unique goals.

  • Philanthropic Foundations
    Set up tax-exempt entities with specific purpose clauses to support global charitable causes.

3. Tax Optimization

  • Territorial Tax System
    Foreign-sourced dividends, capital gains, and income are exempt, making it perfect for offshore investments.

  • Double Taxation Relief
    Use Panama’s treaty networks and residency certificates to reduce withholding taxes elsewhere.

4. Corporate Structuring

  • International Business Companies (IBCs)
    Tax-efficient vehicles for global trade and asset holding.

  • Family Offices
    Customized setups for managing investments, property, and luxury assets (e.g., yachts under Panama’s maritime registry).

Compliance & Regulatory Expertise

1. Legal Frameworks

  • UBO Reporting
    Confidentially submit Ultimate Beneficial Owner data under Executive Decree 258 (2023).

  • AML & FATCA/CRS
    We ensure strict adherence to global transparency standards and robust due diligence.

2. Ongoing Maintenance

  • Registered Agent
    Mandated by Panamanian law for legal notices and record-keeping.

  • Annual Franchise Tax
    USD 300 for corporations or foundations, ensuring your entity stays in good standing.

Strategic Advantages of Panama

  • USD Economy
    Conduct transactions in U.S. dollars with no exchange risk.

  • Stability & Reputation
    A strong banking sector that increasingly aligns with international best practices.

  • Flexible Structures
    Combine trusts, foundations, and IBCs for fully integrated wealth management.

Luxury Asset Management

  • Yacht & Vessel Registration
    Simplified licensing under the world’s largest maritime registry.

  • Real Estate Holdings
    Acquire property through offshore entities to avoid local inheritance taxes.

Why Choose Paralelaw?

  • Holistic Planning
    We address protection, growth, and succession under one unified strategy.

  • Multilingual Team
    Fluent in English, Spanish, and other major business languages.

  • Proactive Compliance
    We keep you updated on changing regulations and employ secure, encrypted data management.

Contact Us

Protect your legacy with Panama’s trusted wealth management solutions.
Schedule a consultation at our Panama City office to learn how Paralelaw can help safeguard and grow your assets.