This structure is created in a private document, with the only formality that the signature of the constituent and administrator must be authenticated by a Panamanian notary, thus guaranteeing its confidentiality.
A trust guarantees the confidentiality of its execution.
The trust must clearly express its duration.
There must always be licit (lawful) objective in the trust, and it should be clearly stated when the contract is entered into.
Both the constituent and administrator and / or the beneficiary can be either a natural or legal person.