Below we show you the process broken down into weeks…
Week 1
Week 2-4
Week 2-4
Week 4-5
Throughout the year, you will have certain responsibilities with your LLC that you will need to meet. Don't worry, we've got you covered with all of them.
Physical address where the IRS can send you official, certified letters.
It is included in the maintenance pack.
Public mailing address where you can receive commercial mail and indicate a physical location in the USA where your LLC operates.
It is included in the maintenance pack.
Annually, we will process the following IRS forms on your behalf:
Form 1120: This document reports to the IRS the income and expenses incurred by your LLC during the tax year.
Form 5472: This form provides the IRS with information about the type of business and the details to be reported on Form 1120.
It is included in the maintenance pack.
At the end of the fiscal year, you must provide us with the results for that year (Income, Expenses, Profits and Transfers). We will take care of the rest.
When we register your company, we will fill out these forms on your behalf:
Everything included in the maintenance package.
In FIP.Devil.MarketingWe are with you every step of the way to establish and manage your Private Interest Foundation (FIP) in Panama from the comfort of your home. Our goal is to make the process as easy as possible for you, but keep in mind that the final say lies with the Panamanian/American authorities with their own regulations.
If for any reason any issues arise during the process, don't worry. We offer a 90-day period from when we receive your documents to request a refund, as long as there are no delays by the Panamanian/American authorities or any other external entity, as these factors are beyond our control.
Occasionally, tax authorities in Panama/USA or other countries may request additional information, which could complicate the process. In such cases, and much to our regret, we will not be able to offer a refund.
Although we have in-depth knowledge in managing FIPs and LLCs, for specific legal or tax matters, it is essential to consult an expert. A specialized lawyer or accountant will be your best ally for binding tax and legal consultations.
We are here to support you in any way possible, but remember that we are not lawyers. For more complex legal dilemmas, we will help you find a qualified professional.
The information we provide you may be subject to change, so we recommend that you do not consider it immutable.
