Offshore in Panama

Alemán, Cordero, Galindo & Lee

Alemán, Cordero, Galindo & Lee has a strong international client base of corporations, private banks, investment funds and high-net-worth individuals, including many Latin American companies using Panama as a hub for their operations. With 11 affiliated offices in Europe, Latin America, the Middle East and Asia, the team is experienced in advising on multi-jurisdictional corporate, fund, trust and fiduciary issues. It assists with the creation and structuring of foundations and trusts, asset management platforms, and estate planning, and is increasingly active advising family offices on succession planning. The highly regarded Raúl Zúñiga and Jaime Aleman lead the team, while associate Cristina de Alba is noted for her experience advising family offices.

Practice head(s):

Raúl Zúñiga; Jaime Aleman

Testimonials

‘Well-organised staff who are always ready to answer your questions and to solve your issues in a quick and competent way. The fees are reasonable.’

‘I appreciate Raúl Zúñiga’s work in corporate and tax matters.’

Key clients

Union Bancaire Privée

Banque Privée Edmond de Rothschild

UBS

Banco Santander Central Hispano

Banistmo

Credit Suisse

Citibank

Fidinam (Hong Kong) Limited

BNP Paribas

PKB Banca Privada (Panama), S.A.

Arias, Fábrega & Fábrega

Arias, Fábrega & Fábrega benefits from its presence in London, Hong Kong, the British Virgin Islands, Belize and Uruguay when advising on multi-jurisdictional matters for high-net-worth individuals and family offices. The team has particular expertise in wealth planning for international clients with assets in multiple jurisdictions, and also assists with the management of family offices, corporate governance, succession planning and international taxation. Gian Castillero, who specialises in private client matters, including estate planning, and Rosa Restrepo, who has expertise in fiscal residency, trusts and foundations, lead the team with corporate services head Fernando Arias.

Testimonials

‘They stand out for their knowledge and quick responses. They are specialists in corporate affairs.’

‘Gian Castillero is a professional who is very strong in corporate matters.’

‘They are very familiar with the laws of each country where they operate and have good connections with their counterparts.’

‘The lawyers are well prepared, they know their subject areas and they know how to communicate effectively with clients.’

Key clients

Asgard Worldwide Services

Banco de Colombia, Latin America

Farrer & Co, United Kingdom

Investec Trust (Switzerland) S.A , Geneva

Banco General, Panama

Aballí Milne Kalil, FL.

Loeb & Loeb LLP

Consortium, Central America

Ulises Cabrera, Dominican Republic

Acosta, Fort, Bertorini, Godoy & Pollari Abogados S.A., Peru

Morgan & Morgan

Morgan & Morgan is noted for its expertise in international tax, with clients including high-net-worth individuals and family offices from Panama and elsewhere in Latin America. Other areas of strength include asset protection, succession planning, and the establishment of foundations and trusts. Thanks to the firm's presence in multiple jurisdictions, including the BVI, the Bahamas and Belize, the team is experienced in cross-border matters. Wealth planning specialist Roberto Lewis leads the practice. International tax expert Raúl CastroLuis Manzanares, who has expertise in multi-jurisdictional structures; and senior associate Nestor Broce, who specialises in fiduciary services, are also recommended.

Practice head(s):

Roberto Lewis

Key clients

Mistui Soko Co. Ltd

Mitsubishi Logistics Corporation

Shutts & Bowen

Greenburg & Traurig

Carrillo & Asociados

Consortium Law

Dentons Cardenas & Cardenas

Baker & McKenzie

Fair Wind Secretarial Services

Oficina Bisonó

Work highlights

  • Advised Ithaca Investment Trust on the issuance and public offering of $20m in corporate bonds for the purposes of repaying debt, financing a hotel development and covering capital expenditures.

Patton, Moreno & Asvat

With offices in the UK, Uruguay, Belize, the BVI and the Bahamas, Patton, Moreno & Asvat is well positioned to advise international high-net-worth clients on wealth management, including asset protection and the establishment of trusts. The Panama office is particularly experienced in private client matters, including estate planning and tax and residency issues. It also advises on corporate structuring. The team includes managing partner Ebrahim Asvat, who has extensive tax experience; corporate and finance specialist María de Lourdes Marengo; and Gilberto Arosemena, who leads the international corporate services department and also has expertise in private client matters.

Icaza, González-Ruiz & Alemán

Icaza, González-Ruiz & Alemán advises high-net-worth individuals and families on succession and estate planning, including the establishment and management of trusts of various kinds. It also advises international corporations on company formation and management, the creation of Panama private interest foundations, and tax planning. Joaquín Díaz Strunz is the key contact.

Quijano & Associates

A specialist in offshore services, Quijano & Associates advises international banks and financial institutions, foreign investors and multinationals on the incorporation and structuring of companies, the creation of private interest foundations, succession planning, asset protection and fiduciary matters. With offices and affiliates in key jurisdictions, including Switzerland, the BVI, Belize and the Seychelles, the team is able to advise on cross-border matters. Practice head Jaime Sánchez has experience in corporate, maritime, and commercial and international law.

Practice head(s):

Jaime Sánchez