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Introducing the Corporate Formation Service: Business Corporation + Bank Account

With our expertise and dedication, we make the process of establishing your business in Panama simple, efficient, and hassle-free. Discover the benefits of establishing an International Business Corp. (IBC) in Panama and learn how it can elevate your global business endeavors.

What is a Panama IBC – Intern. Business Corp.?

A Panama International Business Corporation (IBC) is a versatile legal entity crafted under Panamanian law to facilitate international trade and investment. It offers an array of benefits, making it a preferred choice for businesses seeking global expansion.

Key Features of a Panama IBC:

1. Tax Optimization:
   A Panama IBC enjoys a favorable tax regime, with no taxes levied on income earned outside Panama. This tax efficiency allows businesses to retain more of their profits for reinvestment or distribution to shareholders.
2. Privacy and Confidentiality:
   Panama has stringent privacy laws that ensure the confidentiality of corporate information. Shareholder and director identities are kept confidential, offering a layer of anonymity for business owners.
3. Asset Protection:
   Panama provides robust asset protection measures, safeguarding assets from creditors and legal liabilities. This shield enhances the security of business assets, minimizing financial risks.
4. Ease of Incorporation:
   Establishing a Panama IBC is straightforward, with minimal bureaucratic red tape. The process is swift, allowing businesses to commence operations promptly and seize emerging opportunities.
5. Flexible Corporate Structure:
   Panama IBCs offer flexibility in corporate structuring, accommodating diverse business needs. From nominee directors to varied share classes, businesses can tailor their corporate setup to align with strategic objectives.

Why Choose Our Service?

1. Expert Guidance: Our team consists of experienced professionals well-versed in Panamanian corporate law and regulations.
2. Tailored Solutions: We understand that every business is unique. We offer personalized solutions tailored to meet your specific needs and objectives.
3. Efficiency and Reliability: We prioritize efficiency and reliability, ensuring that your company formation process is completed accurately and promptly.
4. Comprehensive Support: From initial consultation to post-incorporation assistance, we provide comprehensive support every step of the way.

Panama IBC Incorporation Process:

The Panama IBC incorporation process involves obtaining essential documents and completing necessary steps to ensure legal compliance and operational readiness:

1. Certificate of Incorporation (CRP)
2. Certificate of Incorporation English Translation
3. Original Articles of Incorporation (Pacto Social and Deed)
4. Corporate Handbook including:
   • Minutes
   • Notarized Stock Registry
   • Notarized Acts Record
   • Resignation of Subscribers
   • Resignation of Nominee Directors (if applicable)
   • Meeting of Board of Directors
5. RUC/Tax ID Number
6. Tax Login Account Info
7. Share Certificates issued as requested
8. Digital Copies of all signed documents
9. First Year Government Tax
10. Public Registry and Notary Expenses

Open a bank account:

• One-time fee for application of up to 5 banks OR until the account is opened, whichever comes first
• Consulting on suitable alternatives if the first application is not approved
• Remote bank account opening
• Fast response and frequent updates on the bank account opening process

Streamlining Your Business Corporation + Bank Account Formation in Panama:

The Panama IBC offers numerous advantages for businesses seeking to operate on a global scale. With its favorable tax treatment, strict privacy laws, and flexible corporate structure, it serves as a strategic tool for international business expansion.

Ready to explore the possibilities with a Panama IBC? Contact us today to learn more about our formation services and embark on your journey to global expansion. Karen Dorcy will attend you.