The offshore
outsourcing is one of the best way to save money, for instance
big companies such as DELL Inc, SPRINT, NEXTEL, AT&T, DIRECT TV,
etc, are using offshore outsourcing services and this is not a
way to avoid pay taxes, it is a way to minimize expenses. A
recent study by the McKinsey Global Institute proved that every
dollar spent on a business process outsourced, the U.S. economy
get at least $1.12. The biggest part goes to the employer (58
cents).
There are two
ways to conduct it. First is Offshoring your company.
It is
the relocation of business processes from one country to
another. This includes any business process such as production,
manufacturing, or services. The other one is using a complete
new entity in order to offer outsourcing to many companies as
you can.
Companies such
as: LG, Dell Computers, AT&T, Sprint, Nextel, People PC, XM
Radio, Direct TV, Caterpillar, 24 Fitness, Visa, Citigoup,
Toshiba, just to mention few of them; have chosen Panamanian
Panama or has place subsidiaries in Panama to save operational
costs.
Another
services very popular in outsourcing offshore jurisdiction are
data entry, specially for Law Firms. Obviously, is cheaper to
contract someone for US$500 than US$1,200. Panama cost of life
is very cheap so there is no restriction at all, to hire and pay
US$500 or 400 Euros for someone who will do an excellent work.
Panama has
suffer a Boom in the outsourcing offshore services, the growth
in this area has been more than 25% in the past three years and
still coming. The reason is a convergence of factors, definitely
one of them will be the telecommunication framework advantages.
Due to Panama geographic position an unusual amount of
international connection for internet broadband,
multiplexing and
submarine optical fiber
connection.
Panama has
everything to become in the main offshore outsourcing service in
the area. People generally speaks two languages, excellence
telecommunication framework, easy laws, political stability,
proximity, low cost, anonymity of the owners, Bank Secrecy,
cosmopolitan city and technology access make of Panama a place
to invest.
The set up
procedure is very easy, call us or
e-mail us for further information .
