Offshore Corporation

A Panama Corporation is one of the best offshore business opportunities on the market

Panamanian Offshore Corporations have been set up under the General corporation law of 1927. They provide very flexible corporate structures with investor privacy to conduct bona fide international offshore investment business activities.

Panama offers the very best services across the globe for offshore financial services and has an exemplary record of supplying first class service to people who want to keep their finances private and yet take advantage of the many tax deferral opportunities that can not be met in a traditional company set up in one’s own country.

We list some of the pertinent factors that will help you realize just some of the benefits the country has to offer for offshore IBC’s, and other creative business options, and how you can have peace of mind that everything is above board and legal. It is not a crime to ensure your assets are secure. You also can considerably reduce tax payments. This type of option is adopted by many legitimate businesses, and is sanctioned as a legal and correct way of ensuring you do not fall fowl to any contraventions of practice in your home country. We have listed here some significant points:

  • Panama represents some 400,000 corporations making it the second largest registered domicile country second only to Hong Kong.
  • There are no reporting procedures or taxes imposed on non-resident Panamanian businesses
  • The country does not permit ‘piercing the corporate veil’ ensuring company books are 100% private and confidential, backed by law.
  • Nominative or bearer shares are issued with anonymous ownership.
  • No paid-in capital is required
  • Nominee directors-we provide these as most clients prefer the confidentiality this provides whilst enjoying complete ownership of the assets.
  • There is no requirement for AGMs but if they are preferred, they can be held anywhere in the world and by proxy.
  • There is a requirement for two subscribers to be in attendance at the public registry. These are individuals from our firm who ensure the incorporation is executed correctly and fully legal.
  • No business license is required for non-resident Panama corporations.
  • Companies from other judiciaries can be re-domiciled to Panama to take advantage of all the added benefits the country can offer.
  • A Panama corporation should have a legal physical address which we can provide as your registered agent.