Company Formation

Basic Package

990
  • Company Incorporation
  • FullSet Of Corporate Documents
  • 1st Year Government Fees
  • 1st Year Company Domiciliation
  • Dedicated Account Manager for 1 year
  • Courier Delivery

Bank Account Package

1680
  • Company Incorporation
  • FullSet Of Corporate Documents
  • 1st Year Government Fees
  • 1st Year Company Domiciliation
  • Dedicated Account Manager for 1 year
  • Courier Delivery
  • Set Of Corporate Documents With Apostil
  • Bank Account Opening

Privacy Package

2790
  • Company Incorporation
  • FullSet Of Corporate Documents
  • 1st Year Government Fees
  • 1st Year Company Domiciliation
  • Dedicated Account Manager for 1 year
  • Courier Delivery
  • Set Of Corporate Documents With Apostil
  • Nominee Director
  • Nominee Shareholder
  • Power of Attorney With Apostille

Panama Offshore Company – Overview

Type of entity Foundation
Type of law Civil
Limited Liability Yes
Company Registration Timescale Two weeks
Foundation Capital minimum $10,000
Foundation Capital currency Any
Foundation Charter Yes
Foundation Regulations No
Beneficiaries No
Name of Founder Yes
Protector Required Optional
Corporate Protector permitted Yes
Minimum number of Council Members Three
Corporate Council Members permitted Yes
Meeting location Anywhere
Registered Agent Yes
Language of Charter Any, but a translation is required
Language of Regulations Any, but a translation is required
Requirements to prepare Yes
Audit requirements Optional
Annual Government Fee US $300
Change in domicile permitted Yes

Panama occupies an area that connects north and South America, being bordered on all forth sides by Costa Rica, Colombia, Caribbean Sea and Pacific Ocean. Panama jurisdiction has become one of the most important tax havens of the Western Hemisphere, due to its structure, geographical position, political stability and economical characteristics. The country has taken very important steps for economy modernization and promotion of foreign investments, becoming equally well known as a favorable and stable international offshore financial center, with hundreds of offshore banks, and thriving business of offshore incorporations.

Most Panamanian and foreign investors choose to form Corporations. The country does not impose any restrictions on incoming and out coming monetary transfers, no exchange controls, currency limitations and reporting requirements.

Panama jurisdiction is completely sovereign from any other country in the world. There are no any Mutual Legal Assistance Treaties between Panama and any other country. Panama is a genuine international trade and banking center that is well known and respected throughout the world. The original law establish for the formation of Panama Corporation is The Republic of Panama corporation law of 1927.

Panama is classified as a tax haven offering tax reducing opportunities to non-resident investors, and a plethora of offshore entities such as the offshore banks, offshore corporations (non-resident) and the Private interest Foundations(one of the most effective asset protection and real estate planning vehicles available today).

Offshore banks and companies in Panama and Panamanian corporations are used worldwide and well accepted by banks, investors and governments. The main advantages of incorporating an offshore company in Panama are: setting up of an offshore company is affordable and prompt; exemption from all local taxes for income received outside of Panama; the offshore company in Panama activities are not controlled by government; high level of privacy protection; Panama offshore company can be managed from any place in the world; well-developed financial services industry; offers the most strict corporate book secrecy and banking secrecy laws available in the world; no foreign exchange restriction; existence of bearer shares; no capital payment required for the incorporation of Panama offshore company and no limitation on Panama offshore company lawful activities.

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