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Panama Offshore Corporations

Panamanian Offshore

Corporations (IBC)

Advantages:

Simple & quick to file and begin operations;

Safe, time-tested and private;

Internationally recognized corporate entity;

No corporate taxes on assets or capital;

No taxes on income generated outside of Panama;

No taxes on salaries paid to persons residing

outside of Panama;

No taxes on dividends or other disbursements;

No annual reports or financial statements to file

with Panamanian government;

No commercial licenses required for operations

outside of Panama;

Panamanian currency is U.S. dollar and there

are no currency restrictions;

Low annual corporate operating costs:

	US$300 annual corporate franchise tax
	US$150 annual resident agent fee
	US$25 annual processing fee
	US$100 annual nominee director fee (if required)

Guaranteed legal privacy:

	Stock can be issued in bearer or named shares
	Nominee Board of Directors are acceptable
	Corporate control can be exercised via absolute power of attorney

Corporation can immediately conduct

normal business activities:

	Open bank and brokerage accounts
	Open merchant accounts
	Enter into contracts
	Buy, transfer or sell assets
	Sell goods and services
	Hold real property
	Own ships and vessels
	Act as a trading company
	Borrow, lend or lease
	Other activities as required

To learn more about Panamanian Offshore Corporations, go to the Offshore Corporations Background Page.

To open an Offshore Corporation, go to the Pricing Page or the Order Form.

Panama Business Services