Formation Company & Tax Advisory

Wednesday, April 25, 2018

Set-Up Panama Company

societa PanamaPanama was a Spanish colony until 1823. It later became an independent Republic in 1903 after breaking its agreement with Colombia. It is located in Central America and its capital is the city of Panama, which overlooks the Pacific Ocean coastline.

Panama is recognized as a Country whereas many Off-Shore Companies can get benefits such as a high degree of confidentiality, as well as an effective system of registration. The establishment can be only carried out by authorized individuals, such as BBC-LLP Individuals - Establishing Panama Companies.

A Panama Company is ideal for:

  • Managing a holding company.
  • International trade.
  • E-commerce.
  • Protecting intellectual property.
  • Managing rights and/or royalties.
  • Protecting real estate and goods.
  • Dealing with the stock exchange and forex.
  • Taking part in other companies.
  • Registering ships and/or boats.
  • Managing succession and inheritance.

Main features of a Panama Company are:

  • Names of members part of the company are detected from the Registry of Businesses.
  • Allowed to protect their privacy through specific means.
  • High degree of anonymity and privacy.
  • No mandatory accounting.
  • Stable jurisdiction with excellent credit.
  • Good media.
  • GMT-5 Time zone.
  • Civil Law as its applied Law.
  • No requirement for capital to be paid.
  • Bearers securities are allowed.
  • The manager and the shareholder may be the same Individual and/or company.
  • No mandatory secretary.

BBC-LLP offers a first advice for free - First Meeting*.

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LONDON - UK - W8 4DB 

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