Best places for Foundations?

[BritishSecret]

So far I've only seen Panama as a place that's good to set up foundations in, any other ideas?

 

[EmiratesSetup]

Hello,

Are you planning to form company in UAE with a Corporate bank account?

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More about us: Business Setup UAE - EmiratesSetup Business Consultants

Thank you.

 

[berbo]

BritishSecret, I also wish to set up a Panama foundation to hold a portfolio of securities. To set up a Panama foundation the counsel has to be made with 3 members, if natural persons. If the counsel is made of a corporate body then only one will do. I plan to set up a UK ltd company that would be the counsel. Would it be difficult to obtain a bank account for this UK ltd Cy? My tax residence is Panama. Can anybody on this forum comment on this structure combination?