Panama Tax Advisors

Account Signatory Services

For those clients that prefer to remain 100% anonymous without revealing their personal names, what we recommend as the most reliable asset protection and tax efficiency scenario is the Account Signatory Services (Opening & Management). This is one of our major core competencies. In this case, we will provide one of our nominee directors as signatory for your corporate account. When you need to execute a transaction through your corporate account, you simply contact us with your request, and we will process it for you. We charge a US$1000 Set Up Fee and an additional US$1000 or 1% (which ever is higher) annual administration fee based on all incoming transactions. A separate tariff is charged for checks and transfers based on the monthly amount of transactions requested by the customer.

In order to protect all parties involved, our firm takes very tight measures regarding the "Know your customer Policy" and "The Money Laundering Law and Sanctions" based on three major rules and principles:

It is under these set of rules, that we protect our customers and our firm from any type of funds linked to drug trafficking, qualified fraud, illegal arms traffic, people traffic, kidnapping, blackmail, embezzlement, corruption of public officials, terrorism acts, theft, international vehicle traffic, or general crimes against intellectual property. It is fundamental for our firm that the entire screening process is completed, under this philosophy all customers must comply at all times with the necessary requirements.

At your initial conference, we will discuss the nature of the work to be done for your business. There is no charge for this conference.

Requirements:
1. The requirements for this Service is that Client must open a Corporate Bank Account, following the procedures of http://www.panama-offshore-services.com/corporate_accounts.htm and include our Nominee Signatory in said Corporate Bank Account. For a Corporate Bank Account, Client must have a Corporation registered in Panama.
2. Complete Client's Passport copy
3. Bank Reference Letter from Client
4. Business Reference Letter from Client

Procedures:
1. Read the Screening Notification
2. Comply with the screening process by filling out and signing forms, send by fax
3. Provide all the documents required (explained in this Form).
4. Corporate Bank Account is open with our Nominee Signatory.
5. Client sends in advance a detailed explanation of the Account Management Services required.

Fees: US$1000 Set Up Fee and an additional US$1000 or 1% (which ever is higher) annual administration fee based on all incoming transactions. A separate tariff is charged for checks and transfers based on the monthly amount of transactions requested by the customer.