| This is a anonymous S.A. Bearer Share Panama | | | | Analysis Unit in Panama as part of their anti-money |
| Corporation that is additionally licensed by the | | | | laundering program). This would allow one to operate |
| Panama Government as a financial services | | | | as a money changer service.7. Debit and Credit Card |
| corporation. The license is in the name of the | | | | Management - This allows one to operate a service |
| Corporation and your name does not appear on the | | | | for third party ATM and Debit cards, processing |
| license so privacy is preserved. This license allows the | | | | payments to the cards etc.NOT AUTHORIZED:1. |
| corporation to engage in certain financial activities in | | | | Financial Administration Services2. Debt Collection - |
| Panama. The license does not allow the entity to act | | | | you would not be a collection agency.3. Receive |
| as a bank, for this a bank license is required. Banks | | | | deposits from third party - you are not a bank.The |
| provide checking accounts, take deposits directly, | | | | corporation which holds the license can engage in the |
| make loans personal and otherwise, write mortgages | | | | above listed authorized activities. In addition the |
| etc. You can have another corporate entity contract | | | | corporation can also engage in any other lawful |
| with your Panama Financial Services Company to | | | | activity that corporations in general can engage in, it |
| engage in activities in Panama that your other | | | | is not restricted to the above activities only.This is |
| corporation may not be allowed to engage in due to | | | | NOT a financial institution per se such as a Bank or |
| it´s domicile jurisdiction and lack of such a license | | | | Savings and Loan. Such a licensed corporation could |
| there. This can all be done via e-commerce. | | | | be used for payment processing in Tax Free Panama, |
| Remember offshore derived income is tax free in | | | | for a licensed lawful financial entity in another country |
| Panama. | | | | where there are taxes such as a Swedish Credit |
| AUTHORIZED ACTIVITIES:1. General Financial | | | | Union. You would also be able to hold the funds in a |
| Consulting - In some jurisdictions this is hard to get.2. | | | | Panama Bank account with all the protections of |
| Third Party Payment Processing (Online included). This | | | | Panama Bank Secrecy.A Panama Corporation with |
| is the provision that is used to allow one to operate | | | | such a license, can demonstrate to a Panama Bank or |
| a Swedish Credit Union in Panama through a Panama | | | | other financial institution that the company is lawfully |
| Bank.3. Factoring - This allows one to operate a | | | | authorized to manage third party funds inside the |
| factoring company factoring receivables.4. Leasing - | | | | corporation bank account or an account it has with |
| This allows one to do full service leasing.5. Trading of | | | | another financial institution. If you get challenged by a |
| Gold, Silver and Platinum (they consider this as a buy | | | | bank regarding having third party funds in your |
| sell transaction). If it is wholesale it is Type A License, | | | | account this license should prove most helpful since |
| if it is retail is a Type B License. In this type of Retail | | | | you are lawfully allowed to do so, it is of course |
| License the Directors of the corporation have to be | | | | going to depend on the individual circumstances and |
| Panamanians and we do provide this and is included in | | | | jurisdictions involved.For a S.A. anonymous Panama |
| the price. This allows one to be say an E-Gold or | | | | Corporation with this license we charge $3500.00. If |
| E-Bullion merchant.6. Trading of Foreign Currency. | | | | you purchase the structure through us we charge an |
| (The first 5 days of each month this type of | | | | additional $1000.00 for the bank account opening. This |
| business must submit a declaration with client data | | | | type of bank account is more complicated that a |
| for all transactions over $10,000 to the Financial | | | | regular bank account. |