Offshore Companies
Choose the jurisdiction which best suits your needs
Panama
Why choose this jurisdiction when starting a business?
Panama has become a popular destination for individuals seeking to protect their wealth through estate planning and asset protection.
Panama offers several advantages, including:
Favorable tax system – Strong privacy laws – Stable economy
The Republic of Panama is the southernmost country of Central America.
Situated on the isthmus connecting North and South America, it is bordered by Costa Rica to the northwest, Colombia to the southeast, the Caribbean Sea to the north and the Pacific Ocean to the south. The capital of the Republic of Panama is Panama City.
Panama companies are created under the General Corporation Law, Law 32 of February 26, 1927. Law 32 has been used as a model for many other jurisdictions and ensures the legal framework to conduct legitimate business activities in the international arena. Many choose Panama to start a business since it is considered one of the most stable governments in Latin America. Its stability is due to the fact that the government has three branches that offer a system of checks and balances similar to the US Federal Government. In addition, the Panama Canal puts Panama in contact with governments and organizations from all over the world.
Asset Protection
Income Tax Reduction
Reduction in legal liabilities
No costly bureaucracy
Packages and Prices
Panama
Standard
Package
The cheapest option company formation, payment government fees, company office, local regulated agent, Client Due Diligence (CDD) full and free tax and legal assistance, and much more, to keep your entity fully compliant.
Business
Package
A special package with all services as included on the Standard Package, plus our Bank Account opening services, providing account opening remotely, and offering you online banking, multi-currency account, debit cards and all other major banking services you may need.
Premium
Package
A package with all services as included on the Business Package plus full Nominee Services (Nominee Members and Managers) providing you the highest degree in terms of confidentiality and anonymity.
Advantages
Shares may be issued to the bearer or in nominative form.
Bearer shares are still allowed in Panama but with significant restrictions: they must be immobilized and held by a Panamanian authorized custodian under Law 18 of 2015, which amended the earlier immobilization law (Law 47 of 2013). Companies must file a board resolution at the Public Registry of Panama to adopt the custody regime, and the physical bearer share certificate must be delivered to the custodian along with an affidavit detailing the owner’s information.
In any event, the name of the shareholder is not required to be filed in the Panamanian Public Division of Companies, thus, ensuring total anonymity.
Panama is not on the OECD blacklist but rather on the EU’s corresponding list, and it is still included and will soon be off the blacklist of many countries, thus allowing the company to operate and go into transactions with more freedom.
Other advantages of Panamanian Corporations
Ultimate financial privacy
Asset Protection
Start Opening Your Business Company in Panama Still By Today
Take advantage of Panama business-friendly environment and establish your company in a thriving offshore jurisdiction. Contact us now for a free consultation and start your journey toward global business success!
