Option One International Advisors |
|
| Address: |
Option One Ed. Neptuno local #7 Via Tumba Muerto Ciudad de Panama Republica de Panama. |
| Website: | http://www.OptionOneInternational.com |
| Primary Email: | Info@OptionOneInternational.com |
| Secondary Email: | CustomerService@OptionOneInternational.com |
| Toll Free: | 1-866-978-7168 (Main Office) |
| Local Belize Number: | 501-223-2731 (Main Office) |
| Fax Number: | 1-866-494-7583 (Main Office) |
OFFSHORE SERVICES
Why Panama?
Panama is one of the most popular places in the world to incorporate as well as for banking services. Many people go offshore for many
reasons. For starters, privacy. Secondly, they use offshore corporations to take advantage of offshore investment opportunities
and diversify their portfolio internationally. Option One could be your gateway!
Is Banking In Panama Safe?
Panama City is home to the second largest international banking center in the world next to Switzerland. Panama has the most modern and
successful international banking center in Latin America, with more than 150 banks from 35 different countries.
Panama is one of the most stable banking jurisdictions in the world. Panamanian laws require a minimum of $10 million in proven
capitalization just to apply for a banking license. Other tax haven countries issue banking licenses with as little as US$50,000 in
capitalization. The Panamanian government has enacted strict bank auditing guidelines, to monitor banking practices, credit guidelines
and overall bank administration. Each bank must submit monthly auditing reports to Panama's Banking Superintendence, which is under
direct supervision by the Banco Nacional de Panama (performs some of the functions of a central bank).
The Panamanian banking system is set up to ensure depositors the security of their deposits, similar to the US banking system. The
National Banking Commission (NBC) and the Banco Nacional de Panama (BNP) execute the functions of a central clearing bank. The NBC
oversees the banking system, sets the reserve requirements and regulates interest rates. The BNP functions as the Panamanian
governments' principal depository, manages the country's international reserves and is the clearing-house for the banking system.
Some of the banks present in Panama's banking center are: Citibank, Credicorp Bank, HSBC, Dresdner Bank, Bank of Tokyo, Bank of Boston,
Banco Nacional de Paris, International Commercial Bank of China, Societe Generale, Banque Sudameris, BBVA, Banco Uno, Banco General,
PriBanco, Banco del Istmo, Global Bank, MultiCredit Bank, PanaBank, ABN Amro, Banco Aliado, Banco Continental, BancoLat, BIPAN, Lloyds TLB
Bank, Bank of Nova Scotia and much more.
Privacy?
Panama offers the most favorable and most flexible incorporation laws available in the world. Panama's Corporations offer "Bearer Shares",
allowing shareholders to maintain 100% anonymity and privacy. There are many other types of corporations or foundations as well that can
give you asset protection and privacy.
Panama continues to maintain what we consider to be the most solid banking and corporate book secrecy laws in the world, which are engraved
in its constitution. With Britain's proposed regulation for removal of bank and corporate book secrecy in the UK offshore territories, it is
clear that Panama remains the most secure offshore financial center, where privacy and confidentiality is not only respected, but also
vigorously protected by constitutional law.
The Government?
Democratic government. The Government of Panama is headed by the executive branch, which is composed of a president and two vice presidents,
democratically elected for a five-year term by direct vote.
Other Facts
Panama is home to the second largest international distribution and trade center (free trade zone) in the world next to Hong Kong. Panama's
Colon Free Zone has over 1500 international import/export businesses operating within it, receives more than 250,000 visitors yearly and
generates exports and re-exports valued at more than US$11 billion annually.
The banking and commercial trade industry is alive in Panama with the US Dollar as it's circulating currency.
Panama is a member of the World Trade Organization (WTO) We consider Panama to be the ideal jurisdiction for international investors and
businessmen to operate their offshore corporations, banking, investing, finances and all other areas of international trade for which we
chose to make Panama our corporate home for your account.
COMMODITY FUTURES
