February 4, 2023
  • 4:02 am COVID-19 SAFETY GUIDELINES AND REQUIREMENTS TO ENTER PANAMA
  • 4:24 am WORKING GROUP MAKES SIGNIFICANT PROGRESS ON MODIFICATIONS TO GENERAL MERCHANT MARINE LAW
  • 3:39 am Panama National Day – Separation from Colombia
  • 7:32 am Lloyd’s Register – Hong Kong Technical Committee Meeting
  • 3:50 am Seminar “Panama – A Land Beyond Expectations”
  • 3:32 am The 27th Macao International Trade and Investment Fair, Latin American Pavilion
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.