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Panama Offshore Company formation with Offshore-Paradis-Fiscaux

The jurisdiction of Panama is very well established and has developed a good reputation over the years. The legal bases of Panama offshore company are well developed and the professionals within Panama have commercialized the jurisdiction aggressively and actively over the time. This jurisdiction is considered as “low tax jurisdiction” because of its territoriality term, Panama has been able to attract multi-national companies, banks, re-invoicing operation, small manufacturing companies and other activities. Panama offshore company formation has becomes more and more popular because of the well known offshore jurisdictions geographical position rather than a conscious attempt to be one. It’s considered in International Community as country whit wide range of Investment Opportunities rather than as a tax evader.

Who and for what should register Panama Offshore Company:

  • Entrepreneur,
  • Consultants,
  • International trade,
  • Commerce on the Internet,
  • Stockbrokers,
  • For inheritance purposes,
  • Intellectual property holding rights.

  How to proceed? Provision of the following documents for creating a Panama Offshore company:

  • An application form completed and signed company.
  • A copy of valid passport for each party to the transaction.
  • A personal bill less than three months.
  • Payment of our fees.

Note: additional documents may be requested depending on the chosen offshore bank.

Set-up time: From the moment we are in possession of all required documents:

  • Panama Offshore company incorporation: 3-4 days. Approximately 15 days for delivery of original company documents.
  • Bank account opening: offshore bank account opening in about three weeks.

Benefits from Panama offshore company formation:

Advantages of a company in Panama:

  • No corporate taxation for Panama Offshore company.
  • A very well established jurisdiction that has developed a good reputation over a number of years.
  • The legal infrastructure is well developed and the professionals within Panama have marketed the jurisdiction aggressively and actively over an extended period.
  • Well – known flag of convenience for shipping purposes.
  • No Accounting.

Disadvantages of a company in Panama:

  • One of the few non-English language offshore centres.

Key figures of Panama offshore company:

General :
Type of entity

Non Resident Corporation

Type of law

Civil

Shelf company availability

Yes

Our time to establish a new company

3-4 day

Minimum government fees (excluding taxation)

US$300

Corporate Taxation

Nil

Double taxation treaty access

No

Share Capital or Equivalent :
Standard currency

US$

Permitted currencies

Any

Minimum paid up

US$1

Usual authorized

US$10,000

Directors :
Minimum number

Three

Local required

No

Publicly accessible records

Yes

Location of meetings

Anywhere

Shareholders :
Minimum number

One

Publicly accessible records

Optional

Location of meetings

Anywhere

Company Secretary :
Required

Yes

Local or qualified

No

Accounts :
Requirement to prepare

Yes

Audit requirements

No

Requirement to file accounts

No

Publicly accessible accounts

No

Other :
Requirement to file annual return

No

Change in domicile permitted

Yes

Order a Panama offshore company now – Contact Us and our expert will assist you!

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