| |
For over seventy-five (75) years the Panamanian Corporation ("Sociedades
Anónimas") have been recognized, world wide, as an offshore vehicle, with
the proper advice, can be successfully used in a variety of International
Business, Asset Protection, Estate Planning Structures, among others.
Particular features of Panamanian Corporations:
Panamanian Companies can be incorporated without regards to the
nationality of its directors and shareholders.
Incomes generated by a Panamanian Corporation outside of the
Panamanian territory are tax exempted.
The authorized capital does not have to be paid in full or
partially.
There is no need to file any financial reports or tax returns
with any government entity in the Republic of Panama, provided that the
company does not operate within the territory of Panama.
Legal entities of any jurisdiction may act as directors, officers
and shareholders of a Panamanian Corporation.
There is no need to hold annual meetings of Directors or
Shareholders.
Directors and Shareholders may attend to the meetings personally,
by proxy, by phone or by any other electronic means.
Three (3) directors are required, either natural persons or legal
entities.
The dignitaries (President, Secretary and Treasurer) do not have
to be directors and one person can occupy several or all charges. Natural
persons or legal entities can also be appointed as dignitaries.
Shares may be issued to the bearer or in nominative form. In any
event, the name of the shareholder is not require to be registered in the
Panamanian Public Registry, thus, ensuring total anonymity.
A corporation can effectuate transactions and have assets in any
part of the world without the obligation of maintaining assets in the
Republic of Panama.
Panamanian Corporations are empowered by law to conduct any
lawful act.
Absence of exchange control.
|
