June 5, 2023
  • 4:02 am COVID-19 SAFETY GUIDELINES AND REQUIREMENTS TO ENTER PANAMA
  • 3:43 am Hong Kong Art & Culture Expo 2023
  • 7:33 am Panama concludes update of the General Merchant Marine Law
  • 3:27 am Director General of Merchant Marine Visit to Hong Kong
  • 6:46 am ¡TU VOZ ES TU VOTO!
  • 8:27 am FEATURED STORY ON 𝗕𝗢𝗗𝗪 𝗖𝗶𝘁𝘆𝗣𝗿𝗼𝗴設計營商周城區活動
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.