PANAMA OFFSHORE CORPORATIONS 

Panama companies, or Panama Corporations are created under the General Corporation Law 32 of February 26th, 1927. Law 32 has been used in many jurisdictions and offers a flexible corporate structure providing investor privacy and ensures the legal framwork to conduct legitimate business activities in the international arena

A Panamanian Offshore Corporation can offer the following advantages:

FLAG

There are no tax reporting requirements if the income is earned offshore, such as interest in Forex or bank accounts

You can hold assets any place in the world with a beneficial tax basis, Asset protection

Conduct business in any jurisdiction

Anonymous Ownership: Panama corporations share certificates can be issued in Nominative or Bearer form (Bearer Shares are an anonymous form of ownership), with or without par value. Neither the directors nor the officers of Panama corporations need to be in Panama.

Non-resident Panama Corporations do not require a commercial business license to operate business internationally.

You can keep your business under direct control

No citizenship requirement

Re-Domiciliation: Corporations from other jurisdictions may be "re-domiciled" to Panama. Many individuals and companies who have corporations in other Countries register their corporations in Panama, a more private and secure jurisdiction.

Panamanian Corporations´ operations are not taxable if its operations occur outside the territory of the Republic of Panama. Under Panama tax law, commercial operations execute,  taking place or having its effect outisde Panama will be considered offshore and not taxable.

Incorporate an Offshore Forex Company                                       

PANAMA OFFSHORE FOUNDATIONS

Your Panama Foundation is the solution for international estate planning providing the ultimate protection, anonymity and privacy to hold assets such as corporations, trusts, bank acounts, brokerage accounts and real estate.   

Inquire at our CONTACT page

Tax Reducing Strategies  Jose I. Ruiz, CPA.

On Line Casino and Sportsbook License

Panama adopted regulations governing the licensing of electronic games of chance and wagering activities in late 2002. The regulations allow master licenses to be granted that are valid for up to seven years upon payment of a license fee. There is also an annual license fee.poker_01 Master license holders may grant sub-licenses, which are subject to the annual fee. Applicants must pay all investigation costs incurred in the processing of the application. Panamanian taxation policies allow Internet gaming companies to operate essentially tax-free when accepting foreign wagers.

The key to a succesful online Casino is the software and marketing. We offer full packages, from company formation and software to casino administration.

e-Currency Company

For Debit Card Issuance Program, Virtual Gold Exchange Merchant  or E-Wallet - The first 5 days of each month this type of business must submit a declaration with client data for all transactions over $10,000 to the Financial Analysis Unit in Panama as part of their anti-money laundering program.

Offshore Web Hosting  www.gfxexhosting.com  free basic account

 

Panama Institute of Tourism