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Who are the beneficiaries in a Private Interest Foundation?

April 26, 2017beneficiaries foundation private

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Who are the beneficiaries in a Private Interest Foundation?

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These are the individuals or institutions receiving benefits from the foundation. In the Panamanian Foundations the Beneficiary can be the Founder or any natural or juridical person of any nationality domiciled in any country in the world. Is not required to list the Foundations beneficiaries in the Foundation Charter that is a legal document registered in the Public Registry, you can list in the “Regulations” (Private document that is not registered).