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A Panama corporation, formally known as a „Sociedad Anonima“ (Anonymous Society), is a type of business entity registered with the Public Registry in Panama under Law 32 of 1927. While commonly referred to as an International Business Company (IBC), it serves as a standard entity both locally and internationally, with no separate variant for offshore incorporation—a feature distinguishing it from many other jurisdictions.
Main Uses
This corporate structure finds diverse applications, including commercial trading, estate holdings, strategic tax planning for offshore repatriations, and shielding shareholders from high-risk business transactions.
Its flexibility stems from robust corporate privacy laws and banking secrecy regulations, imposing strict requirements for documentation and information disclosure concerning corporations, trusts, and foundations. Violations incur civil and criminal penalties.
Furthermore, Panama’s extensive network of tax treaties with prominent economies like Japan, Belgium, the UK, and Canada enhances privacy protection for citizens of those jurisdictions upon forming a corporation in Panama.
Why Panama?
Panama offers numerous advantages for businesses, including:
- Tax Benefits: Panama offers favorable tax incentives, including exemptions and low corporate tax rates.
- Strategic Location: Situated at the crossroads of North and South America, Panama serves as a strategic hub for international trade and commerce.
- Political Stability: Panama boasts a stable political environment and a business-friendly regulatory framework conducive to investment and growth.
Why Choose Us
- Expert Guidance: Our team consists of experienced professionals well-versed in Panamanian corporate law and regulations.
- Tailored Solutions: We understand that every business is unique. We offer personalized solutions tailored to meet your specific needs and objectives.
- Efficiency and Reliability: We prioritize efficiency and reliability, ensuring that your company formation process is completed accurately and promptly.
- Comprehensive Support: From initial consultation to post-incorporation assistance, we provide comprehensive support every step of the way.
Our Services:
Company Formation: We assist you in every aspect of company formation, including:
- Choosing the appropriate corporate structure.
- Drafting and filing necessary documents.
- Obtaining required permits and licenses.
- Facilitating bank account opening.
Legal Compliance: We ensure that your business complies with all relevant Panamanian laws and regulations, minimizing legal risks and liabilities.
Ongoing Support: Our commitment doesn’t end with incorporation. We provide ongoing support to help your business thrive in Panama’s dynamic market environment.
With our expertise and dedication, we make the process of establishing your business in Panama simple, efficient, and hassle-free.
Upon our consultation, you’ll gain:
- Comprehensive insights into Panama’s corporate formation options
- Tailored strategies aligning with your relocation and investment objectives
- CAssurance in making informed and advantageous corporate decisions
