Panama Company

About that Country :

Panama is located in Central America between Costa Rica and Colombia. It is an international centre for trade and financial services.
Panama has a long history and good reputation for financial and offshore excellence. They offer complete confidentiality, tax-free opportunities, progressive legal environment and a supportive banking infrastructure.

Why form a Offshore Company in Panama ?

Favourable Incorporation Laws

Privacy – Confidentiality and anonymity

Stable Government

No mutual legal assistance treaties

No Corporation Tax

Corporate books Privacy

Anonymous Ownership

Exemption from all local taxes and stamp duty

Asset security

Minimum capital requirements

No requirement to hold annual general meetings

Highly competitive fees

Panama Offshore Company Registration Requirements :

The requirements for incorporation are that two subscribers must be present at the Public Registry, for incorporation. The subscribers are usually Registered Agents or Lawyers, which submit the Articles of Incorporation. The Articles include, the Name of the corporation, the corporate objectives, name and domicile of the subscribers, corporate capital, the duration of corporation, Name and addresses of the Directors (President, Secretary and Treasurer) and the name and address of the registered agent.
The Subscribers have a right to own one share of the corporation. Once the company is established, these “Agent” subscribers, sign a documents and effectively resign their rights to the one share of the company. These are then given to the client who intended to incorporate the company, along with all other company documentation.

Government Fees and Taxation :
Government Fees :
Minimum Government Formation Charge
$250 USD
Recurring Minimum Annual Company License Fee
$250 USD
Annual Return Filing Fee
Not Applicable
Corporate Tax :
Corporation Tax
No
Access to Double Taxation Treaties
No
Taxation :
All Panama Offshore Companies are exempt from Corporation Tax. As well have having no tax reporting requirements, other tax exemptions, include :

Sales

Income

Property

Capital stock

Estate

Gift

Stamp

Inventory

Capital Gains

Shareholder

Stock Sales or Transfers

Succession

Issuance of Corporate Shares

Company Formation : Starts $1500