Benefits of a Panama Corporation
All financial activities from a Panama International Business Corporations but outside of Panama will be tax exempted.There is not interference of the government like no reporting is required. The annual government fee for a non-resident Panama Corporation is only $300. There is no minimum capital requirement for establishing a corporation. There are no restrictions on foreigners forming or controlling Panamanian corporations. Panama Corporations may issue shares in ‘bearer’ form (a measure taken for greater privacy—he who holds the shares, owns them, no names mentioned) with or without par value. Meetings of directors and shareholders may be held anywhere. The accounting books of the corporation may be organized and kept anywhere . The registered agent is not required to keep any records at all for the corporation.
All financial activities from a Panama International Business Corporations but outside of Panama will be tax exempted.There is not interference of the government like no reporting is required. The annual government fee for a non-resident Panama Corporation is only $300. There is no minimum capital requirement for establishing a corporation. There are no restrictions on foreigners forming or controlling Panamanian corporations. Panama Corporations may issue shares in ‘bearer’ form (a measure taken for greater privacy—he who holds the shares, owns them, no names mentioned) with or without par value. Meetings of directors and shareholders may be held anywhere. The accounting books of the corporation may be organized and kept anywhere . The registered agent is not required to keep any records at all for the corporation.