you truly feel that money makes the mare go, then come to Panama.
This is a land where financial opportunities are aplenty. And
with the establishment of numerous Asset Protection Corporations
here, Panama is the newest destination for your offshore
banking and investment needs.
Panama, with as many as 400000 registered Corporations, presents
ample opportunities for offshore banking and asset protection.
Created under the General Corporation Law, Law 32 of February
26, 1927, Panama Asset Protection Corporations (as these Offshore
Companies are commonly known as) provide the legal framework
necessary for conducting legitimate business activities on
a worldwide scale.
As in other tax havens, no taxes are imposed on the Offshore
Asset Protection Companies launched in Panama (excepting the
small fixed annual fees) and promises absolute privacy to
investors. Forming an Asset Protection Corporation in Panama
is not a lengthy process – the incorporation takes no
more than 8 working days. You require neither a business license
nor any Paid-In Capital to start the Panama Offshore Company.
Going about the work here is as hassle-free as can be.
Hold accounts in Panamanian banks or get involved in businesses
on an international scale by investing in Panama’s Asset
Protection Corporations. The following information will help
you form and operate your Panama Offshore Asset Protection
Want To Know More About Incorporation
The Incorporation formalities herein will prove smooth
and devoid any red-tapism. The Incorporation procedure involves
the constitution and registration of the Corporation. This
is done through a Panama lawyer (or law firm) who acts as
the Registered Agent, presenting the Subscribers before the
Notary Public. Once the Corporation is registered, the documents
are couriered to the actual investor. (Note: The Registered
Agent’s address appears as the legal address of the
Panama Non-resident Corporation).
The standard capitalization for a Panamanian Offshore
Asset Protection Corporation is US$10,000.00, however, this
is not in the form of Paid-In Capital. In fact, there is no
set time limit in which the authorized capital has to be fully
paid. You will have personal liabilities as a shareholder;
hence, you will have to clear the company’s debts (to
the limit of your share) if and when the company fails to
How To properly structure your Company
You will need to register names of Owners or Subscribers
(usually two) during incorporation. At least 3 directors,
whose names will be part of the public record, are must for
forming a Panama Offshore Company.
As said, the Panamanian Non-resident Corporations provide
100% secret investing opportunities and so Anonymous Ownership/Shareholder
Certificates will be issued to you in the form of Nominative
or Bearer Forms. Again, for purposes of confidentiality, you
will need to appoint nominee Directors and officers (for the
posts of President, Secretary, Treasurer as well as other
officials) for your Panama Asset Protection Corporation. As
the actual Investor/Shareholder, you must have the Power of
What Are The Taxation And Reporting Requirements
Offshore Asset Protection Companies in Panama do
not necessitate Reporting. The Non-resident Panamanian Corporations
are 100% tax-free. All you need to pay are the Annual Corporate
Franchise fees of US$ 350 each year following the incorporation.
Keeping The Records and Accounts
A Panama offshore banking venture does not require
you to maintain or file financial statements. The only documents
that matter are the incorporation documents filed with the
Mercantile Registry and a categorization of the names, addresses
and dates of acquisition of all the actual shareholders.
And What About Business License Requirement?
You do not need a commercial business license to set up a
Panama Asset Protection Corporation or even to function business
on a global scale.
For our fees to establish an offshore Panama Corporation,
please see the link below, or
contact us for more information.