Private Foundations.pdf - Mossack Fonseca & Co.
Private Foundations.pdf - Mossack Fonseca & Co.
Private Foundations.pdf - Mossack Fonseca & Co.
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BUFETE MF & CO.<br />
ORDER FORM - PRIVATE FOUNDATIONS NEW FORMATION / PURCHASE REQUEST<br />
I. CONSTITUTION<br />
(We create Panamanian <strong>Private</strong> <strong>Foundations</strong> only)<br />
Proposed names (in order of preference):<br />
1.<br />
2.<br />
3.<br />
4.<br />
No Preference - Your office chooses the name of the <strong>Private</strong> Foundation.<br />
The name of the foundation may be expressed in any language and must include the word<br />
“Foundation” (also in any language). Just as for Panama <strong>Co</strong>rporations, there are certain words<br />
that may not be used, such as “Insurance”, “Assurance”, “Seguros”, “Bank”, “Banco”, “Trust”,<br />
“Fideicomiso”, “Fiduciario” and “Stock Exchange”, or any other word that has a similar meaning.<br />
II. PURCHASE OF A SHELF PRIVATE FOUNDATION<br />
NAME<br />
III. FOUNDATION DOCUMENTS<br />
A. FOUNDATION CHARTER OF THE PRIVATE FOUNDATION<br />
STANDARD IRREVOCABLE<br />
(founder holds no powers)<br />
STANDARD REVOCABLE<br />
(founder holds full powers)<br />
SPECIFY SPECIAL CLAUSES REQUIRED, IF ANY<br />
B. REGULATIONS OF THE PRIVATE FOUNDATION<br />
YES NO<br />
STANDARD IRREVOCABLE<br />
(founder holds no powers)<br />
STANDARD REVOCABLE<br />
(founder holds full powers)<br />
YA/Pub./10.2007<br />
SPECIAL<br />
SPECIAL
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