GENERAL INFORMATION

Our lawyers are specializing in the creation and management of corporations in Panama.
This country offers the most affordable and flexible law in the world to form offshore companies. A corporation in Panama can be used by individuals from all over the world who are interested in asset protection, privacy, investment diversification, tax minimization, accessibility and convenience.

Corporations in Panama can be used for international trade, to establish trusts or foundations, to open bank or investment accounts, to maintain real estate or any other asset. In certain cases, some people are establishing Panamanian corporations for very private and confidential business transactions such as the movement of funds to another jurisdiction for the protection of company assets through the asset protection in Panama. In other cases, our clients establish several corporations working together to meet their needs for asset protection.

Panama offers very strict laws on banking secrecy and confidentiality of the books that exist in the world. This means that the owners who control the corporation do not need to be identified in any public record. A corporation in Panama provides legal protection of their assets and their identity through the confidentiality of commercial and banking transactions performed by a Panamanian corporation. Panama is a totally sovereign nation, not governed or controlled by any other country in the world, keeping your business and banking transactions 100% private and confidential.

To establish a company in Panama is easy, fast and cost effective. You can use an offshore corporation to open a bank account in Panama and take advantage of bank secrecy laws that provide comprehensive protection of their assets. An international business company in Panama can also be used to open bank accounts so you can change stocks, bonds, commodities, mutual funds and more.

Panamanian corporations can be formed at a term of three to five business days. There are companies or joint stock corporations, limited liability companies, including legal figures. Panamanian law allows you to enter a foreign company in public registry of Panama, after fulfilling the requirements previously established for that purpose.
Companies require an agreement between two or more seniors, who must subscribe at least one share each, regardless of their nationality or domicile. This agreement must be filed before a Public Notary in Panama, for the preparation of the corresponding Deed. Then this Deed must be registered in the Public Registry of Panama.
The Charter reflects the terms and conditions agreed and after registration with the Commercial Section of the Public Registry that document is also effective against third parties. In many aspects Law 32 of Corporations works as a source of secondary law.

According to the law, the Articles of the Charter of the Companies or Corporations must contain, among other things:
- The name of the Corporation;
- The name and address of the subscribers;
- The objects which may engage society;
- The capital, amount, distribution and shareholding, types of shares, etc.
- The duration of the company, which may be perpetuated;
- The name and address of the directors and officers;
- The name and address of the resident agent;

A corporation in Panama is also known as an "international trading company", "IBC", “offshore ibc "," bearer share corporation "or" corporation ".

If you want to form a corporation in Panama or interested in services of the establishment of a corporation, please contact us for more information.

("PanamaCompanyAct.pdf")
                                                                                                                                                                                                    Panama Account, Marca Registrada, 2014-2024
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