OUR OFFICES: LONDON, UK Office | +44 20 3769 1690  –  CORK CITY, Ireland Office | +353 21 202 8069  –  Contact Monday to Friday: 9 am to 6 pm GMT time  –  Skype: CALL | CHAT

OUR OFFICES:
LONDON, UK Office | +44 20 3769 1690
CORK CITY, Ireland Office | +353 21 202 8069
Contact Monday to Friday: 9 am to 6 pm GMT time 
Skype: CALL | CHAT

SET UP YOUR BUSINESS IN
PANAMA

We support all worldwide
Investors & Entrepreneurs
Setting up their Business overseas

Eurofinanzza Tax Legal Law Center
Corporate Tax & Legal Consultors
Since 1998

Why setting up your
International Business Company in Panama?

The Republic of Panama is the southernmost country of Central America. Situated on the isthmus connecting North and South America, it is bordered by Costa Rica to the northwest, Colombia to the southeast, the Caribbean Sea to the north and the Pacific Ocean to the south. The capital of the Republic of Panama is Panama City.

Why choose Panama
When starting a business?

Panama companies are created under the General Corporation Law, Law 32 of February 26, 1927. Law 32 has been used as a model for many other jurisdictions and ensures the legal framework to conduct legitimate business activities in the international arena. Many choose Panama to start a busin­­ess since it is considered one of the most stable governments in Latin America. Its stability is due to the fact that the government has three branches that offer a system of checks and balances similar to the U.S Federal Government. In addition, the Panama Canal puts Panama in contact with governments and organizations from all over the world.

The corporation law of the Republic of Panama provides that any two natural persons acting as the organizers and the subscribers may appear before a Notary Public to organize and constitute a corporation.

Advantages of the Jurisdiction of Panama

The following are the advantages of starting a Business in Panama:

Setting up offshore company in Panama is affordable and prompt.
Income derived using a Panama IBC but outside of Panama is not taxed.
Government does not control the offshore company in Panama activities.
Confidential information is neither required nor registered.
Panama offshore company can be managed from any place in the world.
Bearer shares may be issued at owner’s option.
The formation of a Panama company takes from 3 to 5 working days.
No paid-in capital required for incorporation a Panama IBC.
No limitation on Panama offshore company lawful activities.
Protection from inflation, since Panama’s currency (the Balboa) is pegged to the US dollar, in Panama there is no inflation upon the devaluation of the Balboa.

Nevertheless, the Panamanian economy is subject to the fluctuations of the US Dollar, particularly against the Euro.
Freedom from currency exchange control.
Reduction in legal liabilities, since the company has limited liability.
Reduction in operating expenses.
Easy access to North American and European Capital Markets.
No International Trade Tariffs.
No annual tax return requirements.
No import/export quantity limitations.

 

Panama has a number of unique attributes that make this a great asset protection jurisdiction for corporations, foundations, banking and stock brokerage accounts. Today the Panama Public Registry has new facilities at its Headquarters, and ten regional offices nationwide, and a solid organizational structure that provide better service in a timely and efficient way, always fulfilling our motto of transparency and registration reliability.

The content of this article is intended to provide a general guide to the subject matter.
Technical advice should be sought about your specific needs and requirements.

The content of this article is intended to provide a general guide to the subject matter.
Technical advice should be sought about your specific needs and requirements.

Contact us Now!

One of our Business Development Managers will promptly answer your enquiry!

There is dedicated team in our Head Office available to deal with your enquiries regarding any of our five offices. We aim to respond to all enquiries within 24 hours.

Whether you are an existing client or interested in Eurofinanzza services, we would be happy to hear from you via any of our available communication networks: telephone, email, live chat, and enquiry form.

We look forward to hearing from you!

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