Panama Offshore Financial Service
Why Panama Offshore Incorporation?
Panama City, in Panama, is the ideal jurisdiction for your Offshore Company, because it has well-established laws that allow you to maximize the profitability of your business.
Among these laws we can allude to the Panamanian Companies Act, which was passed over 70 years prior.
Panama City also has available the well known, "Private Interest Foundations", as a part of the more frequently used tool for a proper asset protection and strategic business planning.
Through our company PT. PESUD ABADI MAHAKAM you'll be connected with reliable law firms who will empower you to maximize the benefits of the Panamanian Organizations Act.
The main benefits and advantages that a Panamanian Incorporation will offer are:
A. There are no fiscal taxes
"Panamanian International Business Companies" (IBC's) and "Private Interest Foundations" don't have to pay taxes on their income (as you will see in the table presented below), nor are required to inform the government of Panama about their revenue.
Panama City, in Panama, is the ideal jurisdiction for your Offshore Company, because it has well-established laws that allow you to maximize the profitability of your business.
Among these laws we can allude to the Panamanian Companies Act, which was passed over 70 years prior.
Panama City also has available the well known, "Private Interest Foundations", as a part of the more frequently used tool for a proper asset protection and strategic business planning.
Through our company PT. PESUD ABADI MAHAKAM you'll be connected with reliable law firms who will empower you to maximize the benefits of the Panamanian Organizations Act.
The main benefits and advantages that a Panamanian Incorporation will offer are:
A. There are no fiscal taxes
"Panamanian International Business Companies" (IBC's) and "Private Interest Foundations" don't have to pay taxes on their income (as you will see in the table presented below), nor are required to inform the government of Panama about their revenue.
Taxes on... |
Yes |
No |
Income |
✔️ |
|
Capital gain |
|
✔️ |
Interests |
|
✔️ |
Sales |
|
✔️ |
Stamps |
|
✔️ |
Sale or Transference of shares |
|
✔️ |
Capital Stocks |
|
✔️ |
Property |
✔️ |
|
State Tax |
|
✔️ |
Gifts |
|
✔️ |
Corporation Shares Issuance |
|
✔️ |
Succession Tax |
|
✔️ |
Inventory |
|
✔️ |
Shareholders |
|
✔️ |
B. Panama offers the most flexible law of Corporations in the world.
The Private Interest Foundations are available and are one of most commonly used structures for stock planning today.
C. Circulating currency is the American Dollar.
Since its independence, Panama was dollarized with a rate of 1 to 1 between the USD and the country's official currency, the Balboa. The US dollars are a legal tender and used for all paper currency.
D. Confidentiality
Panama has the most solid laws in matter of banking confidentiality in the world. These laws are set in its Constitution. With the proposal of British regulation to remove the banking confidentiality in “Offshore” territories of the United Kingdom, is clear that Panama remains the most secure “Offshore” financial hub. In Panama, you get not only privacy and confidentiality but you are vigorously protected by the Constitutional Laws.
D. Stability
International analysts considered Panama to by the most stable country of Central and South America.
E. Wealthy Economy
The Panamanian economy is one of the most stable, wealthy and advanced in all Central and South America.
F. Abundant Bank brands
In Panama you will find the major international banks so the multitude of options for your international transactions is plenty.
With this variety you'll find all the services needed to run a successful business.
G. No currency exchange restriction
The authorities will never ask you about the amount that you are transacting.
H. Fast process
To have your incorporation in Panama it will take no more than too weeks which will allow you to move forward with your business very fast.
I. No physical presence required
To incorporate in Panama you will not be required to travel the country making the process less bureaucratic and more affordable.
J. No nationality restrain
The members of the company can be of any nationality and have their personal address in any part if the world.
K. High technology to communicate
High technological and stable communication systems in place due to the low frequency of natural disasters. In Panama you have access to the world's best high-bandwidth and optic fiber networks.
As you already concluded, incorporating in Panama has major advantages to the maximization of your business. Click on the button below to ask any question you may have and request a follow up on this subject.