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Tue22082017

Legal Protection - Offshore Companies - Panama

Offshore Companies - Panama

Panama, Panama Offshore Companies, Offshore Companies, companyIncorporate a Company With the Help of ISOG Lawyer 
 
Panama is located on the narrow strip of land that connects North and South America. There is an estimated population of 3.4 million people. Panama's key geographic position has been conducive to its specialization as a service country. The Panama Canal and the Colon Free Zone are at the forefront of this development. The official language is Spanish and its currency is the US Dollar legal tender, which circulates freely in Panama. Panamanian law is based on the Spanish Civil Code, although the company law has been taken from the corporation law of Delaware in the USA.
 
Highlights of Panama Offshore Companies:
  • Name and Currency flexibility
  • Bearer shares permitted
  • Confidentiality on shareholders information
  • Well developed professional infrastructure
  • Neutral tax jurisdiction
  • Regulated financial services industry
  • Expedite redomiciliation services 
  • No exchange controls
General Information
Type of company Corporation
Companies Law
Company Law No. 32 1927
Minimum Director Three
Minimum Shareholder One
Bearer Share Permitted Yes
Corporate Shareholders Yes
Corporate Directors Yes
Minimum License Fee USD 300
Disclosure of Ownership No
Corporate Seal Required No