July 2, 2022
  • 4:02 am COVID-19 SAFETY GUIDELINES AND REQUIREMENTS TO ENTER PANAMA
  • 9:00 am Nineteenth meeting of the Conference of the Parties
  • 8:37 am The Panama Maritime Authority presents an award of outstanding 2021 PSC performance to Fleet Management Limited Hong Kong.
  • 7:49 am Bloomberg New Economy Announces May 18-19 Dates, Advisory Board for Inaugural “Gateway” Latin America Event in Panama
  • 3:44 am Cuba Passport Holders requires Transit Visa from 15 March 2022
  • 7:13 am Change of Business Hours Notice
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.