In this way an offshore bankers beneficiary can avoid estate taxes. A foundation is very important for offshore asset protection, but when a foundation owns a corporation this is the ultimate in offshore protection strategies.

Some people wonder why a simple foundation isn't effective enough for anonymity and security. A foundation can hold all your assets and have a bank account, but a foundation can not conduct business.

This is why the foundation/corporation structure is the ideal choice. A foundation can own a corporation, and the corporation can conduct all the business.

Any business that is conducted outside of Panama is not taxable through Panamanian income tax. So if you have your offshore corporation within a foundation, you can conduct your business through the offshore account and plan your income taxes accordingly. This is a powerful tax planning strategy as well.

So if you have your offshore corporation within a foundation, you can conduct your business through the offshore account and plan your income taxes accordingly.

When a foundation owns a corporation, which owns a bank account, this is the only powerful privacy protection offshore structure you will ever need. If you are interested in offshore asset protection, chances are you're interested in privacy protection.

The layering effect at the points of access as well as the anonymity that goes along with nominee directors, ensuring that your name will never get out to the public are the reasons why a foundation including an offshore corporation is the way to go.

In this way an offshore bankers beneficiary can avoid estate taxes. In Panama, a foundation is very important for offshore asset protection, and when a foundation owns a corporation this is the ultimate in offshore protection strategies.