April 3, 2020
  • 9:05 am Latest arrangement for The Consulate General of Panama in Hong Kong
  • 4:09 am Updated: TRAVEL RESTRICTIONS TO PANAMA
  • 6:39 am TRAVEL RESTRICTIONS TO PANAMA
  • 12:16 pm PANAMA GASTRONOMY WEEK
  • 5:41 pm First steps for collaboration and exchange with the Hong Kong Polytechnic University
Hong Kong
Panama

Panama Offshore

Benefits and Advantages

  • No obligation to pay income tax when its income is obtained from a source outside Panama.
  • Minimum number of members is only one. Members may be Panamanians or Foreign individuals and may even be Panamanian or foreign corporations
  • Minimum number of Directors and Officers is three and they may be a Corporation or Individual persons.
  • No nationality or residence requirement for the Panamanian corporations’ Directors and Dignitaries
  • Corporate assets or capital of a Panamanian corporation may be kept outside Panama
  • No Tax on any transactions or business activities processed outside Panama.
  • Registered Agent, who by law must be a Panama Law Firm, is compulsory, but registered office is not.
  • Members/ Board of Directors Meetings may be held anywhere in the world and no periodic meetings are required by law.