PANAMA

As home of the Panama Canal, Panama obviously has a significant connection to international trade. This has led the country to develop a mentality in favor of free enterprise. Unlike some countries with this mentality, though, Panama is also very serious about protecting foreign investors who rely on offshore company formation to operate their businesses. https://www.wikihow.com/Open-a-Bank... Those who choose offshore formation in Panama have the distinct advantage of operating in a country that protects the privacy of all its companies. Panama's legal system only gives government investigators access to private banking information. Even the government investigators can only access private information when they have legitimate suspicions that illegal activity is taking place.