Category Archives:Uncategorized @en

Lawyer for bits and bytes

Relationship customer lawyer must be based in communication and trust. If you are a techie, IT business man o related to telecom is highly probable that you speak IT slang or terms associated to the industry, which are very dissimilar from legal language. Having a lawyer that understands bits and bytes, 1 and 0´s is a great advantage, because you won’t have to invest time and effort explaining the details.

Take advantage of our expertise, get the assistance in agreements, such as NDA, Licensing, End User, Developers, SLA, terms & conditions, among others. We have served as lawyers in negotiations of international deals in the millions range for telecom companies. Reseller Agreement, Commercial and Franchise is also among our portfolio.

Other aspects related to IT law are net neutrality, data privacy, internet censorship, cybersecurity, e-commerce among others. We at ProxyLegal are very active in national discussions regarding this topics.

Being an IT lawyer requires to be up-to-date on trends and innovations. Take care of your business, leave the legal risks to us.

How can I use a Private Interest Foundation?

A Private Interest Foundation in Panama can be used for several objectives. The most popular is to protect, invest and manage assets. By doing this, you are using, in your advantage, one of the more important features of assets that are property of a Private Interest Foundation, this assets can not be seized. This assets are a separate legal identity from the personal assets of the founder or its beneficiaries. Assets can be anywhere in the world, this is not limited to the asset location.

Private Interest Foundation, which are based on Liechtenstein, Switzerland, and Luxembourg jurisdictions, offer a great way to protect your assets and assure your family’s future, because using a private document known as the regulations, wich must be created right after the Private Interest Foundation, you can state who will beneficiate from this Foundation the day the founder passes away.

Here you can find more info about the Private Interest Foundation un Panama.

What do I need to have a Panamanian Corporation?

In order to have a Panamanian Corporation you need to provide the following information:

  • Name of the corporation
  • Objective of the Corporation
  • Name 3 persons that will be part of the Board of Directors of the Corporation
  • Provide the total amount of stocks this corporation will have

Annual costs of a Panamanian Corporation

Once you have your Panamanian Corporation, there are some annual fees you need to cover. This costs are:
Corporate tax: $300.00 USD
Resident Agent Service: $250.00 USD
Get your Panamanian Corporation (Anonymous Society), we will make sure this a simple and effortless process for you.

Doing business from Panama has a wide set of benefits:

  • Accounting books are kept private
  • The capital needed to open a Corporation does not has to be in a bank account
  • Income generated outside of Panama is not due to tax
  • There is no minimal number of shareholders, and no nationality restrictions
  • No currency exchange control and complete freedom to transfer funds
  • The name of the corporation can be in any language