SOME ASPECTS ABOUT PANAMA CORPORATIONS

- One of the most popular jurisdictions in the World: Panama is home of over 500,000 corporations and foundations, making it the second most popular jurisdiction to establish partnerships in the world after Hong Kong.

- No "Breaking the Corporate Veil": Panama does not allow "break the corporate veil" so his books are kept 100% under the law of privacy and confidentiality.

- Anonymous Ownership: in Panamanian corporations share certificates can be issued at any registered form, with or without nominal value. Neither the directors nor the officers of Panama corporations need to be shareholders.

- No Capital Requirements: Panama corporations do not require Paid-In Capital, nor is there a time limit within which the authorized capital must be paid in full.

- Directors: Every Panamanian society requires three directors / officers (President, Secretary and Treasurer). The directors / officers can be either individuals or entities. In Panamanian corporations, directors, officers and shareholders may be of any nationality and residents of any country. The names of the directors and identifications must be presented at the Public Registry when the company is established.

- Appointment of Directors: We offer our customers the option of using our "Nominee Directors" for their (s) company (ies). For of confidential purposes, many of our clients prefer that we provide the nomination of directors / officers for their societies. When we nominate directors for the corporation for our customers, we provide a pre-signed resignation letter, undated, where our directors resign from office so that our client can replace those directors at any time.


- Meetings of Directors and Shareholders: They are no obligatory or required annual meetings of shareholders or directors of the corporation. However, if you have, these meetings they can be held anywhere in the world through powers "proxy", via telephone, email or other electronic means. Any resolutions passed are valid regardless of whether the same have been signed on different dates and in different jurisdictions.

- Presence: No need for the shareholders to be present in Panama to establish a corporation. You do not need to come to Panama to form a corporation, our specialists can handle everything for you via email, phone or fax.

- Business License is not required: In Panama, non-resident corporations that do not develop commercial or industrial activities in Panama, do not require a business license to operate offshore business. Commercial licenses are only required for Panamanian corporations doing business within the territory of Panama (to sell a product or service to Panamanians in the territory of Panama).

- Re-Domiciliation: Corporations from other jurisdictions may be re-registered in Panama, and vice-versa. Panama allows you to name your company with another foreign name in English.

- Corporate Seal (Stamp): The corporate seal (Stamp)  is optional.

- Legal Address: When a new corporation is registered in Panama, it must have a physical address which will be mentioned in the Charter. We can facilitate legal physical address.

                                                                                                                                                                                                    Panama Account, Marca Registrada, 2014-2024
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