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Panama Panama Corporations

Panamanian Offshore

Corporations (IBC)

Advantages:

  Simple & quick to file and begin operations;

  Safe, time-tested and private;

  Internationally recognized corporate entity;

  No corporate taxes on assets or capital;

  No taxes on income generated outside of Panama;

  No taxes on salaries paid to persons residing

      outside of Panama;

  No taxes on dividends or other disbursements;

  No annual reports or financial statements to file

      with Panamanian government;

  No commercial licenses required for operations

      outside of Panama;

  Panamanian currency is U.S. dollar and there

      are no currency restrictions;

  Low annual corporate operating costs:

bullet

US$250 annual corporate franchise tax

bullet

US$150 annual resident agent fee

bullet

US$25 annual processing fee

bullet

US$100 annual nominee director fee (if required)

  Guaranteed legal privacy:

bullet

Stock can be issued in bearer or named shares

bullet

Nominee Board of Directors are acceptable

bullet

Corporate control can be exercised via absolute power of attorney

  Corporation can immediately conduct

      normal business activities:

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Open bank and brokerage accounts

bullet

Open merchant accounts

bullet

Enter into contracts

bullet

Buy, transfer or sell assets

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Sell goods and services

bullet

Hold real property

bullet

Own ships and vessels

bullet

Act as a trading company

bullet

Borrow, lend or lease

bullet

Other activities as required

 

To learn more about Panamanian Offshore Corporations, go to the Offshore Corporations Background Page.

To open an Offshore Corporation, go to the Pricing Page or the Order Form.

 

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