August 9, 2020
  • 4:18 am Latest working hours arrangement for The Consulate General Of Panama In Hong Kong
  • 3:38 am TRAVEL RESTRICTIONS TO PANAMA EXTENDED
  • 2:59 am The Panama Ship Registry growing, steady as she goes!
  • 3:30 am IMO CONGRATULATES THE REPUBLIC OF PANAMA AND TAKES IT AS AN EXAMPLE FOR OTHER MARITIME ADMINISTRATIONS GIVEN ITS HARD WORK IN THE REPATRIATION OF SEAFARERS
  • 3:13 am PANAMA SAFEGUARDS SEAFARERS’ RIGHTS DURING THIS WORLD HEALTH CRISIS
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.