Why an offshore corporation?

If you are looking for protection, confidentiality and bigger profits for your business, then an option is the corporation.

Corporations are juridical figures regulated by Law 32 of February 26, 1927, which permit that two or more persons of legal age, regardless of their nationality, even when they are not domiciled in the Republic of Panama, establish a corporation for any licit objective, pursuant to the formalities prescribed in the law. Offshore corporations permit the development of international corporate services, turning the Republic of Panama into one of the places with highest demand of this service.

A Panamanian corporation offers you:

One hundred per cent anonymity. Stocks are issued to bearer, or on behalf of another corporation or a foundation and the Board of Directors which will appear in the Mercantile Registry may be Panamanian.

It limits the responsibility. You only respond to third parties in Panamanian jurisdiction, up to the value of the stocks issued or subscribed.

Confidentiallity. The stockholder is anonimous and Panama doesn’t have contract or agreement of exchange of information with any country, therefore, the information is kept in confidence.

It increases your profits. The activities performed outside Panamanian territory are 100% free of national taxes.

Protection. In case of labor or civil risks or lawsuits of creditors, 100% of the assets are protected, since the corporation only responds with its social assets.

Full administration of the company. You receive a general power of administration from the Board of Directors of Panama, with ample powers to operate your business.

Back