Decide the purpose of the foundation-set up the board of directors-draft the articles of association-prepare the original funds needed for registration, and the original funds must be the received monetary funds-select the competent business department and obtain the approval documents from the competent business unit. According to the latest policy, some areas don't need to look for business departments-find office space and recruit suitable staff.

To sum up, what I'm talking about is Bian Xiao's introduction to the steps and structure of Panamanian Foundation, and the difference between associations and foundations. If you have registered and have your own foundation, you must use it reasonably to make the foundation play a greater role and apply it to the market.