COMPANY FORMATION IN PANAMA
Panama non-resident corporations are primarily designed for use outside of Panama and may not carry on business in Panama.
They are a popular choice because of their administrative ease, privacy features, tax exempt status and they are widely recognised by the worldwide financial community.
Panama company key features
No minimum share capital requirement
Minimum number of directors is three (non-resident and corporate directors allowed)
Shareholders are not on public record
Names and addresses of the directors are a matter of public record (Nominee directors are customary)
No requirement for filing of financial accounts or audit.
Panama company applications
the holding / ownership of investments and assets, such as real estate or shares or other property
commercial transactions and international trading operations
asset protection vehicles
consultancy and personal service companies.
Panama company taxation
Non-resident corporation in Panama has a tax-free status, including exemption on all income tax, dividends, interest, rents, royalties,
and capital gains from the sale of company shares.
In place of tax, there is a fixed annual government fee, as well as an annual registered agent fee.
How to register a company in Panama?
- Choose a structure, what is appropriate for your business. Need help? Contact us.
- To find out more, please contact us.