BZcompanies.com (BeliZe) :: Offshore corporate services :: Central America

Panama, The Republic of

PANAMA is situated between Costa Rica and Colombia at the coastlines on both the Pacific and Atlantic Oceans. Panama was the first country to introduce modern legislation permitting the creation of offshore companies for tax planning purposes. A standard Exempted Company is usually incorporated with an authorised capital of USD10,000.00 Minimum number of officers is THREE (the officers can be the directors) [MORE backgrounds of The Republic of Panama]

Tailor-made a Panama company lets you:-

No tax on exempted company
Privacy of Shareholders &/or Directors names
No local Directors, local meetings or annual returns
Bearer shares are permitted
May have a single shareholder
Permitted to hold shares in other offshore companies
No requirement to hold an AGM
No requirement for audited financial statements.

TailorMade Prices	HK$11,000
First year Panama Government License fee and Registered Agent fee is included. But mailing & IDD, if applicable, are not included above (Government fee is subject to change as announced) Overseas customers please add HK$600 for Incorporation Speedpost charges & HK$300 for T/T bank charges. Above plan includes certificate of incorporation (government incorporation fee included), printing of memorandum of articles and association, share certificate, registers of officers and company chop. Formation services include the preparation of documents for the appointment of 3 director(s) & registering 1-3 shareholder(s), prepare first meeting etc. If there are more than 3 directors/shareholders, we may charge for the extras. Formation minimum requirements: The company must have at lease 3 directors and 1 shareholder. The shareholder may be in bearer. [But some banks may not accept bearer shareholder to open corporate bank account] Annual Maintenance Fee (as from 2nd year): Annual maintenance fee of HK$5,800 (subject to change as announced) is due on June and December each year (Companies incorporated in first 6 months the year before are due in June each year and those in lower 6 months the year before are due in December) The fee includes Annual Government Fee, Registered Agent Fee & Registered Office of respective jurisdiction.