en | hu | ru | bg | ro | tr FacebookTwitterGoogle+LinkedInYouTubeInstagram
+ 357-24-636-919
+ 44-20-7556-0900
NEWS

Sign up for a free consultation
Subscribe to our newsletter
Request a return call
Downloadable brochures
Request a brochure
Newsletters
5 Minutes Offshore
Why LAVECO?
How to order a company from LAVECO Ltd
Latest news
Currency exchange rates: USD/1 unit
2017.10.21
HUF 0.0038
GBP 1.3186
CHF 1.0191
RUB 0.0174
HKD 0.1282
JPY 0.0088
CNY 0.1511
CAD 0.8004
AUD 0.785
BRL 0.315
EUR 1.1818
OFFSHORE COMPANY FORMATION
Panama
INCORPORATION DATASHEET
The leading company formation jurisdiction in Central America. Since the 1920s companies registered here have only had to pay tax on income generated in Panama. Companies registered in Panama are primarily popular in Latin America due to the physical proximity and use of the Spanish language.
 
Method of incorporation / registration: The Subscribers incorporate the company and nominate the directors
Company form: Private Limited Company by shares
Company status: Resident company
Source of corporate legislation: Civil Law, Law Number 32 of 1927 on Corporations and others
Possible suffixes to company name: All names must end with: S.A., Inc., Corp.
Restrictions on company name: A special licence is needed if the words Finance, Trust or Insurance appear in the company name. The terms Ltd. and Limited may not appear in the company name.
Time required for incorporation: 5-6 weeks
Number of directors: 3 of any nationality
Number of shareholders: Minimum 1
Capitalisation: There are no restrictions on the share capital.
Accounting / reporting requirements: Panamanian companies are not required to keep accounts
Type of shares: Bearer or registered
Annual tax and duties: 300 USD 
Information publicly available: Registered office, registered agent, Memorandum & Articles of Association, directors
Disclosure of beneficiaries: The identity of the beneficial owners does not have to be disclosed
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.
Double tax treaty: Panamanian companies are not subject to Double Tax treaties
Related news:
Panama Backtracks On Controversial New Tax Law    07.01.2014
Plans for the immobilisation of bearer shares in Panama    01.10.2013
Panama Approves Immobilization of Bearer Shares    02.08.2013
Top