PANAMANIAN CORPORATIONS
Panamanian Corporations are regulated
by Law number 32 of February 26th, 1927. Panama, being one of the
first countries to introduce and promote legislation that allows the
incorporation of offshore companies, offers investors who desire to
establish a business, whether in Panama or abroad the possibility of
founding a corporation.
According to our corporate
legislation, two or more persons, being citizens or non-citizens of the Republic of Panama, may organize
a local corporation known as “Sociedad Anónima” (stock company) for
any lawful purpose or purposes.
Panama’s strategic geographical
location, its equity with the United States Dollar, its position as
an international finance center, and its tax regulations based on
territorial principles (incomes stemmed outside the Republic of
Panama are tax exempted), make Panama a very appealing place to
create Corporations. Our Firm has specialized not only on the
incorporation and legal advisory of Panamanian Corporations. We also
provide similar incorporation services and consultancy for
International Business Corporations (IBC’s) in well know financial
Offshore centers, such as Bahamas, the British Virgin Islands and
Belice.
Advantages
Some of the advantages for
establishing Panamanian corporations are:
-
Shares may be
issued to the bearer or in registered form.
-
There is no
minimum capital required to be paid.
-
The
corporation may have offices anywhere in the
world.
-
Incomes from
foreign operations are tax exempted.
-
Shareholders,
directors and dignitaries can be from any
nationality or
reside in any
country.
-
Board of
Directors meetings may take place in any
country.
-
We ensure a
quick registration procedure and simple
administration.
to go up |
