WE ASSIST YOU TO ESTABLISH AN OFFSHORE COMPANY

OFFSHORE COMPANY

It is a fact that Panama is known to be the BEST JURISDICTION in the world and investors who are interested to protect their assets, choose Panama. The simple reason is that Panama offshore Company structure and corporate laws are far superior than other countries. Below, we list some of the features;

  • FLEXIBLE REPORTING REQUIREMENT
  • ANONYMOUS COMPANY STATUS
  • TAX EXEMPTION LAWS
  • CORPORATE SECRECY & PRIVACY

TOP 10 BENEFITS OF OFFSHORE COMPANY

  1. TAX EXEMPTION; Panama is considered the best tax haven jurisdiction in the world.
  2. OFFSHORE BANKING; We assist you to open an offshore bank account.
  3. RESIDENCY; By having a company in Panama, you may be eligible for Panama residency.
  4. ASSET PROTECTION; By having a foundation in Panama, you can shield your assets from creditors and avoid probate tax.
  5. FAST & EASY TO FORM A COMPANY; We can assist you to establish a company in Panama in less than a week.
  6. STABLE ECONOMY; Panama is a small democratic country located in Central America
  7. SECURITY; Panama is a secure country and the crime rate is very low.
  8. CURRENCY; Panama’s currency is US dollar.
  9. FINANCIAL HUB; Panama is a financial hub in Latin America
  10. EASY TO MAINTAIN; Panama company allows you to manage your business from anywhere in the world.
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CONTACT US TODAY FOR ESTABLISHING YOUR OWN COMPANY IN PANAMA. OUR TEAM OF CORPORATE ATTORNEYS ASSIST TO PROTECT YOUR INVESTMENT.

COMPANY SET UP REQUIREMENTS

Our attorneys are expert in forming an offshore compan and will assist you to ensure your company is in compliance with Panama corporate laws. Below we list the requirements;

HOW TO OPEN A BANK ACCOUNT IN PANAMA
  • Name of the company ( we do search for unique name )
  • Founders names such as president, secretary and treasurer
  • Address of the company in Panama
  • Capitalization of the Company ( minimum capital amount is $10,000. )
  • How many shares are being issued?
  • Who owns the shares of the company?
  • Name of the registered agent ( Panama attorney )
  • Name of the accountant ( CPA )
  • Types of activities of the company

The Board of Directors consist of president, secretary and treasurer. The corporate laws require that a company have a Panama attorney to act as its registered agent. In addition, each company needs to have a certified public accountant on its board. We would assist you to appoint a corporate attorney and a CPA to join your company. Share certificates will be issued to the shareholders and owners of the company when the company is established.

When a Panama company has been established, there is a need to apply to the Panama Tax Office ( DGI ) to obtain a unique company tax identification number ( RUC ). In addition, there is a need to apply and receive a BUSINESS LICENSE from municipality of Panama. (Aviso de Operacion ).

Can You Set up A Panama Foundation?

YES.We can establish a FOUNDATION for you in Panama. Setting up a Panama Foundation consist of structuring an entity to achieve your goals. We provide you with comprehensive assistance & know- how, so you can benefit from having a Panama Foundation.

Individuals or corporations could set up a Panama Foundation for many reasons. Panama Foundation is designed to take advantage of Panama corporate laws to assist companies and individuals in their TAXES, PRIVACY & ASSET PROTECTION.

Benefits of Panama Foundations

“Panama Foundation mainly is used for asset protection, tax planning, and probate.”

A Panama Foundation provides many benefits to individuals and corporations looking to protect their assets, optimize their tax planning, and benefit from confidentiality. Furthermore, Panama Foundation is much more beneficial when compared to other offshore jurisdictions.

One of the main advantages of a Panama Foundation is asset protection. The Founder of the Foundation can transfer their assets to the Foundation, which then becomes the legal owner. As a separate legal entity, the Foundation can manage the assets and distribute them to beneficiaries as per the foundation charter. Another benefit is the tax benefits of the Foundation. Panama Foundation is not subject to income or capital gains tax, making it an excellent option for international tax planning. Moreover, the Foundation is not required to keep accounting records or file tax returns.

Confidentiality is vital to many clients and Panama Foundation provides an ideal solution. The details of the founder, beneficiaries, and assets are kept anonymous, ensuring that names are not available to the public or any third parties.

Can Panama Foundation Protect Your Assets?

YES. Panama Foundation ise designed to protect and preserve all kinds of assets such as real estate properties, stocks, bonds, cash, etc. A Panama Foundation structure enables assets of Foundation to be held in an entity that is protected from foreclosures, bankruptcy courts, creditors, divorce proceeding, etc. In effect, asset protection of a Foundation is an integral part of a traditional estate planning.

Panama Foundation Set Up

Establishing a Panama Foundation involves the following process;

What To DoSummary
Foundation name & PurposeYou need to choose a unique name and indicate purpose of the Foundation
Founder of the FoundationYou need to choose a founder who can be an individual or a legal entity and define his roles and responsibilities.
Foundation objectiveFoundation charter outlines the Foundation’s purpose, governing bodies, and rules of Foundation operation.
Registration of the FoundationThe Foundation needs to be registered with the Panama Public Registry
Notarized DocumentsAll the documents must be notarized by a notary public

CONTACT US TODAY TO PROTECT YOUR ASSETS.