OFFSHORE COMPANY PANAMA


Ideally located between the two Americas, Panama is a modern country particularly interesting. The long tradition of tax haven of Panama is a land of choice for offshore companies seeking a stable country. The legislation relating to corporations is the Corporation Law No. 32 of the 1927 decree Commercial Code Law 5 of 1997 and Executive Decree 296 of 1997.


Panama is an offshore jurisdiction which benefits from various advantages :

- EXEMPTION OF CORPORATE TAX.

- NO INCOME TAX .

- NO CONTROL ON FINANCIAL INFORMATION.

- NO INHERITANCE TAX.

- NO CAPITAL GAINS TAX.

- NO ACCOUNTANCY OBLIGATION.

- ANONYMITY GUARANTEED.

- BANK SECRECY.

- NO HOLDING AT THE SOURCE.

- POSSIBILITY OF UNIQUE SHAREHOLDER (with 3 administrators).

- NO PUBLIC RELEASE.


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