Designated directors (or designated board members) are directors appointed by our law firm for you. Every corporation or foundation must have three designated directors when the entity is registered in the Panamanian public registry. The directors' names and passport numbers are on the corporation's (or foundation's) public deed, and this information is publicly available. When we appoint designated directors to our clients' entities, we provide our clients with pre-signed, undated letters of resignation from each director so they can replace the directors at any time.